Development fee to Organiser Sample Clauses

Development fee to Organiser. The Audi FIS Ski Cross event is supported with the following financial development fee: CHF tbd After receiving the invoice, the total amount will be paid out by FIS approximately one week before the event (after snowcontrol). Invoices will only be paid after a signed agreement has been received. In case of insufficient preparations (venue preparation, accommodations, violation of marketing rights etc) the total amount can be reduced. In case of cancellations the contribution will be reduced in relation to the number of cancelled competitions.
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Development fee to Organiser. In case, the NSA/LOC is not able to find a replacement for the title rights, the FIS Council approved at its meeting on 24th May 2023 to provide a financial guarantee of CHF 27’000.00 for each Event. • If a NSA/LOC has sold the title sponsor rights – regardless of the amount – the LOC/NSA shall not be entitled to receive the guaranteed amount of CHF 27’000.00 • If a NSA/LOC has not sold the title sponsor rights, the guaranteed amount of CHF 27’000.00 shall be paid by FIS. In this case, this also means that all title sponsor rights and spaces – according to the marketing guide – will be used by FIS for its own purposes.
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Development fee to Organiser. In case, the NSA/LOC is not able to find a replacement for the title rights, the FIS Council approved at its meeting on 5th July 2022 to provide a financial guarantee of CHF 27’000.00 for each Event. • If a NSA/LOC has sold the title sponsor rights – regardless of the amount – the LOC/NSA shall not be entitled to receive the guaranteed amount of CHF 27’000.00 • If a NSA/LOC has not sold the title sponsor rights, the guaranteed amount of CHF 27’000.00 shall be paid by FIS. In this case, this also means that all title sponsor rights and spaces – according to the marketing guide – will be used by FIS for its own purposes. The Audi FIS Ski Cross event is supported with the following financial development fee:
Sample 1
Development fee to Organiser. The Audi FIS Ski Cross event is supported with the following financial development fee: Euro tbd After receiving the invoice, the total amount will be paid out by FIS approximately one week before the event (after snowcontrol). Invoices will only be paid after a signed agreement has been received. In case of insufficient preparations (venue preparation, accommodations, violation of marketing rights etc) the total amount can be reduced. In case of cancellations the contribution will be reduced in relation to the number of cancelled competitions. In case of insufficient preparations (venue preparation, accommodations, violation of marketing rights, etc.) the total amount xxx be reduced. In case of cancellations, the contribution will be reduced in relation to the number of cancelled competitions. Furthermore, he contribution is only paid after the event was held and the LOCs have to rise an invoice to FIS. The basis for any payments is a signed agreement.
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