Common use of Payola Clause in Contracts

Payola. Neither Manager nor its employees or designated agents shall accept any consideration, compensation gift or gratuity of any kind, regardless of its value or form, including but not limited to a commission, discount, bonus, material, supplies or other merchandise, services or labor whether or not pursuant to written contract or agreement between Manager and merchants or advertisers, unless the payer is identified in the program in accordance with the Act and FCC rules and policies. Manager shall provide the Permittee with an appropriate affidavit within 60 days of the Effective Date and thereafter on an annual basis, and more frequently if reasonably requested by Permittee, attesting to its compliance with this section.

Appears in 2 contracts

Samples: Management Agreement (Acme Television LLC), Management Agreement (Acme Intermediate Holdings LLC)

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Payola. Neither Manager nor its employees or designated agents shall accept any consideration, compensation gift or gratuity of any kind, regardless of its value or form, including but not limited to a commission, discount, bonus, material, supplies or other merchandise, services or labor whether or not pursuant to written contract or agreement between Manager and merchants or advertisers, unless the payer is identified in the program in accordance with the Act and FCC rules and policies. Manager shall provide the Permittee Licensee with an appropriate affidavit within 60 45 days of the Effective Date of this Agreement and thereafter on an annual basis, and more frequently if reasonably requested by PermitteeLicensee, attesting to its compliance with this section.

Appears in 2 contracts

Samples: Management Agreement (Acme Television LLC), Management Agreement (Acme Intermediate Holdings LLC)

Payola. Neither Manager Broker nor its employees or designated agents shall accept any consideration, compensation compensation, gift or gratuity of any kind, regardless of its value or form, including but not limited to a commission, discount, bonus, material, supplies or other merchandise, services or labor labor, whether or not pursuant to written contract or agreement between Manager Broker and merchants or advertisers, unless the payer is identified in the program in accordance with the Act and FCC rules and policies. Manager Broker shall provide the Permittee Licensee with an appropriate affidavit within 60 days of the Effective Date of this Agreement and thereafter on an annual basis, and more frequently if reasonably requested by PermitteeLicensee, attesting to its compliance with this section.

Appears in 1 contract

Samples: Time Brokerage Agreement (Acme Television LLC)

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Payola. Neither Manager Broker nor its employees or designated agents shall accept any consideration, compensation compensation, gift or gratuity of any kind, regardless of its value or form, including but not limited to a commission, discount, bonus, material, supplies or other merchandise, services or labor labor, whether or not pursuant to written contract or agreement between Manager Broker and merchants or advertisers, unless the payer is identified in the program in accordance with the Act and FCC rules and policies. Manager Broker shall provide the Permittee Licensee with an appropriate affidavit within 60 45 days of the Effective Date of this Agreement and thereafter on an annual basis, and more frequently if reasonably requested by PermitteeLicensee, attesting to its compliance with this section.

Appears in 1 contract

Samples: Time Brokerage Agreement (Acme Intermediate Holdings LLC)

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