Merchandise Credit. Sponsor shall receive ***, worth, measured at retail price, of San Francisco 49ers merchandise upon request. Sponsor may send requests for any Confidential Treatment Requested. Confidential portions of this document have been redacted and have been separately filed with the Commission. *** Confidential material redacted and filed separately with the Commission. merchandise available on xxxx00xxx.xxx or any successor team-affiliated retailer) to Forty Niners SC for fulfillment.
Merchandise Credit. Sponsor shall receive up to ***, worth, measured at retail price, of San Francisco 49ers merchandise upon request. Sponsor may send requests for any merchandise available on xxxx00xxx.xxx (or any successor team-affiliated retailer) to Forty Niners SC for fulfillment.
Merchandise Credit. A&A will give the ITI-GROUP a credit up to ------------------ but not exceeding the base fee, in the amount obtained by multiplying one-fourth of one percent (0.25%) times all purchases of merchandise F.O.B.C. (free on board plus purchasing agent's commission) made by the ITI-GROUP through A&A during an Annual Period as reflected on invoices or reports issued by A&A to the ITI-GROUP or any of its members. If the total of the quarterly installments (as described above) plus the merchandise credit for any Annual Period is less than the P/E Fee, then on or before August 31 following each such Annual Period, the ITI-GROUP will pay the deficiency to A&A. If the total of the quarterly installments (as described above) and the Merchandise Credit for any Annual Period is in excess of the P/E Fee, then on or before August 31 following each such Annual Period, A&A will refund the excess, but not in excess of the total of all quarterly installments paid during such Annual Period. Formula: P - (I + C) = Amount due or refundable. Where: P = P/E Fee I = Quarterly Installments paid toward the minimum base fee during AP C = Merchandise Credit earned during AP (All figures in U.S. Dollars) Example 1: ---------- Assuming purchases of merchandise F.O.B.C. by the ITI-GROUP through A&A of $130,000,000 during an Annual Period, the formula would have the results indicated below: $731,300-[($88,750x4)+($130,000,000x0.0025)]=$51,300 The ITI-GROUP would pay A&A $51,300 on or before August 31. Example 2: ---------- Assuming purchase of merchandise F.O.B.C. by the ITI-GROUP through A&A of $400,000,000 during an Annual Period, the formula would have the results indicated below: $731,300-[($88,750x4)+($400,000,000x0.0025)]=($623,700) A&A would refund to the ITI-GROUP on or before August 31 $500,000 which is the maximum amount of the refund due under this Section 1.6. Credits on all purchases made on or before January 24, 1999 shall be calculated in accordance with the terms and conditions of the merchandise agreement in effect as of January 24, 1999, adjusted for the portion of the AP during which it was in effect, and shall take into account purchases made by InterTAN U.K. Limited prior to its sale and disassociation from the ITI-Group on January 25, 1999.
Merchandise Credit. Of the total revenues collected on a monthly ------------------ basis as a result of the Fulfillment Business, the dollar sum equal to two- thirds (2/3) thereof shall represent a credit which may be redeemed for Merchandise (the "Credit"). The terms of the Credit shall be as follows:
Merchandise Credit. Purchaser and/or its designees shall be entitled to a credit in the amount of $10,000 for the purchase from the Company of any Gary Xxxxxx xxxf equipment at any time after the First Closing and Second Closing have occurred.
