Media Billing Sample Clauses

Media Billing. In addition to the foregoing Sections, which may also apply to media billing, Vendor Fees for media either planned or placed will be invoiced to the Client by CF the month before media is to run. The purpose is to ensure that monies are received from Client in time for timely payment to vendors. If the media is cancelled, and Client has properly paid the media Vendor Fees to CF, then CF shall refund the amount of such payment to Client. CF may deduct such refund from any professional fees, or other costs and charges, due and owing from Client.

Media Billing. It is understood that a basic principle of this agent relationship is that Client’s funds are to be in Quad’s hands in time for Quad to meet the payment dates of media owners and vendors (“Vendor(s)”) and that Quad will not finance the advertising spend of Client. i. Client is solely liable for the payment of services provided by Vendors, including without limitation, content, production, delivery, and media, sourced by Quad in accordance with the terms of the Agreement. When Quad engages with Vendors on Client’s behalf, such services will be purchased for Client under the principle of sequential liability, and Quad, on behalf of Client, shall purchase only such services and media as approved by Client. If Client pays Quad in full and in accordance with this Agreement for Quad’s purchase of services sourced by Quad on behalf of Client, then Quad shall be solely responsible for paying for such services. If Client does not fully pay Quad in such a manner for such purchases, or if Client has not fully advanced payment to Quad for such services to enable Quad to make timely payments to such Vendors, then Client shall be liable for, and be responsible to pay the Vendors and/or reimburse Quad, in full in accordance with the terms hereof. ii. Quad will use commercially reasonable efforts to secure Client’s approval before making any expenditures or commitments for media on Client’s behalf, and such approval will constitute approval of all costs and charges included therein. iii. If payment is not received by Quad prior to the media commitment date and/or if Quad reasonably believes that Client will be unable to remit payment for any of its obligations hereunder, the order (and any other open orders) may be cancelled by Quad, and Quad may suspend its performance hereunder, in Quad’s sole discretion. In the event of any such cancellation, Client will remit payments to Quad for all Services provided and expenditures made by Quad on behalf of Client as of the date of such cancellation. iv. Quad shall use reasonable efforts to obtain invoices on a timely basis for media purchased for Client. However, Client shall remain responsible for payment or reimbursement, as applicable, to Quad for all media purchased (and where applicable, cancellation fees) regardless of the date of invoices and final billing to Client. v. Quad reserves the right, in the event the Vendors are unwilling to confirm in writing that they agree to payment in accordance with the foregoing, or in the...