DISTRIBUTION CONTRIBUTION Sample Clauses
The DISTRIBUTION CONTRIBUTION clause defines the obligations and responsibilities of each party regarding the provision of resources, materials, or efforts necessary for the distribution of a product or service. Typically, this clause outlines what each party must contribute—such as marketing support, logistical resources, or financial investment—to ensure successful distribution. By clearly allocating these contributions, the clause helps prevent misunderstandings and disputes, ensuring that all parties are aware of and agree to their roles in the distribution process.
DISTRIBUTION CONTRIBUTION a) Granite hereby agrees to pay NBC its pro rata share (calculated based on the Stations' aggregate ▇▇▇▇▇▇▇ DMA percentages) of the NBC Distribution Costs (the "GRANITE PAYMENT") annually throughout the term of this Agreement. The Granite Payment shall be made by wire transfer or such other means as NBC may approve, in two equal bi-annual installments payable each January 15 and June 15.
b) Granite hereby acknowledges that from year to year the NBC Distribution Costs may increase, and that accordingly the Granite Payment shall increase, in accordance with increases demonstrated in the annual review of NBC Distribution Costs customarily commissioned by the NBC Affiliate Board. In the event that for any given year during the term the Granite Payment exceeds the actual NBC Distribution Costs, then NBC shall apply the excess to the NBC Strategic Technical Development Fund (a/k/a the Overcollection Fund (the "FUND")).
DISTRIBUTION CONTRIBUTION a) Station hereby agrees to pay NBC its pro rata share (calculated based on Station’s ▇▇▇▇▇▇▇ DMA percentage) of the NBC Distribution Costs (the “Station Payment”) annually throughout the term of this Agreement. The Station Payment shall be made by wire transfer or such other means as NBC may approve, in two equal bi-annual installments payable each January 15 and June 15.
b) Station hereby acknowledges that from year to year the NBC Distribution Costs may increase, and that accordingly the Station Payment shall increase, in accordance with increases demonstrated in the annual review of NBC Distribution Costs customarily commissioned by the NBC Affiliate Board. In the event that for any given year during the term the Station Payment exceeds the actual NBC Distribution Costs, then NBC shall apply the excess to the NBC Strategic Technical Development Fund (a/k/a the Overcollection Fund (the “Fund”)).
DISTRIBUTION CONTRIBUTION a) Licensee hereby agrees to pay NBC its pro rata share (calculated based on the Station’s aggregate ▇▇▇▇▇▇▇ DMA percentages) of the NBC Distribution Costs (the “Licensee Payment”) annually throughout the term of this Agreement. The Licensee Payment shall be made by wire transfer or such other means as NBC may approve, in two equal biannual installments payable each January 15 and June 15.
b) Licensee hereby acknowledges that from year to year the NBC Distribution Costs may increase, and that accordingly the Licensee Payment shall increase, in accordance with increases demonstrated in the annual review of NBC Distribution Costs customarily commissioned by the NBC Affiliate Board. In the event that for any given year during the term the Licensee Payment exceeds the actual NBC Distribution Costs, then NBC shall apply the excess to the NBC Strategic Technical Development Fund (a/k/a the Overcollection Fund (the “Fund”)).
DISTRIBUTION CONTRIBUTION