Alternative Payment procedure Sample Clauses

Alternative Payment procedure. At the Company's election, the Company may make any payments to the Agent pursuant to the provisions of this Section 4.5. The Company may enter into an agreement with a company experienced in the business of media buying (the "Media Servicer") and not affiliated with the Company, the Media Provider or the Agent. The Media Servicer will be approved by the Agent in its reasonable discretion. The agreement with the Media Servicer will require that payments for the use of media represented by the Media Credits be paid directly to the Media Servicer upon confirmation by the Media Servicer that the media had, in fact, been delivered. The agreement with the Media Servicer will require that payments to the Agent be made within ten (10) days after receipt of funds with respect to delivered media.

Alternative Payment procedure. Without prejudice to other obligations in the Agreement not substituted by the provisions of this Section 20, the provisions set out in this Section 20 shall apply: 20.1. 1if, on the Effective Date, it has not been po ssible to establish the Notified Payments System (in which case they shall continue to apply until the Notified Payments System is established, or until such other time as the Executive Committee may determine); or