Promotional Charge. At City’s option, the Promotional Charge may be increased from time to time such that the new Promotional Charge will equal: For purposes of the foregoing adjustment, the “Comparison Index” shall mean the Consumer Price Index published immediately prior to the adjustment date and the “Base Index” shall mean the Consumer Price Index published immediately prior to the Effective Date.
Promotional Charge. (a) Landlord shall provide or cause to be provided a program of advertising or promotional events which, in Landlord's sole judgment, will serve to promote the regional retail development. Landlord shall be compensated, out of promotional charges collected by Landlord during each year for promotional services provided, in an amount equal to twenty-five percent (25%) of the promotional charges so collected, on a non-cumulative basis. Landlord shall not be obligated to expend more than is actually collected. Any promotional services and personnel so provided shall be under the exclusive control and supervision of Landlord, who shall have the sole authority to employ and discharge personnel and to establish a budget. Tenant agrees to pay to Landlord, as Tenant's share of the cost of said advertising and promotional program, an annual promotional charge which originally shall equal the amount as shown in the Data Sheet for this Lease, which annual promotional charge shall, at Landlord's option, be payable by Tenant in equal monthly installments at the time and in the manner set forth for rent payments in this Lease. However, such annual promotional charge payable by Tenant will be adjusted commencing January 1st immediately succeeding the commencement date of the term of this Lease and annually thereafter, by a percentage equal to the percentage increase from the base period of the Index (as defined in Section 27.20) to the respective January 1st or the closest month thereto that the Index is published (but in no event shall Tenant pay less than the original promotional charge as specified above). The term "base period" shall refer to the month of adjustment in such annual promotional charge closest to and prior to the date of commencement of the term of this Lease (i.e., the most recent month prior to the commencement date during which such promotional charge has been adjusted), or the date of the opening of the Shopping Center, whichever of such dates shall be the later to occur. In addition to this cost of living adjustment, such annual promotional charge may be increased from time to time by Landlord to the extent required by increases in the costs of promotional, public relations or advertising services provided pursuant to this Section (including, without limitation, changes in costs arising from variations in the type, nature or extent of such services). Tenant also agrees to pay to Landlord, within ten (10) days after demand therefor, an initial promot...
Promotional Charge. Tenant agrees to pay to Landlord, as Xxxxxx’s share of the cost of Landlord’s advertising and promoting the Shopping Center, an annual promotional charge which originally shall equal the amount as shown in Section 1.01(m), which annual promotional charge shall, at Landlord’s option, be payable by Tenant in equal monthly installments at the time and in the manner set forth for rent payments in this Lease. However, the Annual Promotional Charge provided for in Section 19.02(a) hereof will be adjusted annually by an amount equal to the greater of (i) five percent (5%) of the Annual Promotional Charge for the immediately preceding calendar year, or (ii) the percentage increase in the Index (which term is defined below) during the immediately preceding calendar year. If Landlord shall elect to provide promotional services and personnel to formulate and effect an advertising, promotional and public relations program for the Shopping Center, Landlord shall be reimbursed by the Association for Landlord’s cost of providing such promotional services and personnel, in an amount equal to twenty five percent (25%) of the annual dues payable to the Association. For purposes of this Lease, the term “Index” shall be the “Consumer Price Index for All Urban Consumers (1982 84 = 100), U.S. City Average, All Items”, published by the United States Department of Labor, Bureau of Labor Statistics (the “Index”). If the Index is not published for a particular month, then the Index published for that month shall be deemed to be the Index published for the month closest, but prior, to such month. If the Index is not published by the Bureau of Labor Statistics or another governmental agency at any time during the term of this Lease, then the foregoing calculations shall be made using the most closely comparable statistics on the purchasing power of the consumer dollar as published by a responsible financial authority as selected by Landlord.
Promotional Charge. Fifteen Thousand Forty-Three and 00/100 Dollars ($15,043.00) per annum, subject to adjustment as provided in Article 13. 1.16 Insurance Limits: Two Million and 00/100 Dollars ($2,000,000.00). (Article
Promotional Charge. At Landlord's option, Tenant shall either maintain membership in a merchants' association ("Association") or participate in a promotional service ("Service") to be provided by Landlord. If Landlord has established the Service during the Term hereof, it may thereafter cause it to be abolished and establish the Association. In the alternative, if Landlord has established the Association, it may at any time during the Term cause it to be abolished and establish the Service. In either case, Tenant agrees to sign any documents necessary to accomplish such change. Tenant agrees to pay to Landlord, as Tenant's share of the Association or Service, as the case may be, an annual charge ("Promotional Charge") as set forth in Section 1.
Promotional Charge. (a) Landlord shall provide or cause to be provided a program of advertising or promotional events which, in Landlord's sole judgment, will serve to promote the entertainment and retail center. Landlord shall not be obligated to expend more than is actually collected. Any promotional services and personnel so provided shall be under the exclusive control and supervision of Landlord, who shall have the sole authority to employ and discharge personnel and to establish a budget. Tenant agrees to pay to
Promotional Charge. An annual charge equal to $1.50 per square foot of the Floor Area of the Premises (“Promotional Charge”).
Promotional Charge. WAIVER; INDEMNITY; INSURANCE
Promotional Charge. In any event, and notwithstanding the formation of a promotion fund or Merchants' Association, Tenant agrees to participate in at least four (4) Shopping Center promotions in each lease year. Tenant shall reimburse to Landlord all costs of including Tenant in each promotion. Such promotions may consist of tabloids, circulars, catalogs, special Shopping Center newspaper inserts or sections. direct mailings, electronic media including radio and television, standard newspaper advertisements and/or any other promotions sponsored by Landlord. The media type, format and content of any such promotions, as well as the timing of any such promotions, shall be in Landlord's sole discretion. If Landlord establishes more than four (4) Shopping Center promotions in each lease year, Tenant shall be permitted to determine in which four (4) promotions it shall participate. Tenant shall be required to submit a proposed advertisement within thirty (30) days after Landlord's notice of the type of promotion being sponsored and the requirements for individual advertisements in connection with such promotion. In the event that Tenant fails to submit a proposed advertisement in accordance with such advertising requirements within the thirty (30) day period, Tenant shall be in default hereunder. All amounts payable by Tenant hereunder shall be payable within ~ days after written notice by Landlord.
Promotional Charge. Xxxxxx agrees to pay to Landlord, as Xxxxxx’s share of the cost of Landlord’s advertising and promoting the Shopping Center, an annual promotional charge which originally shall equal the amount as shown in Section 1.01(m), which annual promotional charge shall, at Landlord’s option, be payable by Tenant in equal monthly installments at the time and in the manner set forth for rent payments in this Lease. However, such annual promotional charge payable by Tenant will be adjusted commencing January 1st immediately succeeding full execution of this Lease and annually thereafter, by a percentage equal to the percentage set forth in Section 1.01(m). All recurring charges payable under this Section 19.02 shall be due in monthly installments on the first day of each month during the term of this Lease, and all such items shall be paid without deduction or offset. the Annual Promotional Charge provided for in Section 19.02(a) hereof will be adjusted annually by an amount equal to the greater of (i) five percent (5%) of the Annual Promotional Charge for the immediately preceding calendar year, or (ii) the percentage increase in the Index (which term is defined below) during the immediately preceding calendar year.
