Ad Fund definition

Ad Fund means the accounts of the Manager designated as the “Advertising Fund Account” where Franchisees and the Non-Securitization Entities that operate Company-Owned Restaurants deposit, directly or indirectly through the Concentration Account, fees and other amounts payable to fund existing or future domestic or international marketing and advertising activities or materials for the Wingstop Brand (and in the case such determination shall be made in the good faith discretion of the Manager).
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Ad Fund means the contractualy obligated advertising levies paid by Franchisees.
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Ad Fund has the meaning set forth in the Management Agreement.
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Examples of Ad Fund in a sentence

  • In accordance with IAS 18 – Revenue, the revenue and expenses of the Ad Fund are recorded net in the Company’s statements of comprehensive income because the contributions to the Ad Fund are segregated, designated for a specific purpose, and the Company acts, in substance, as an agent with regard to these contributions.

  • Contributions to the Ad Fund are required to be made from both franchised and Company owned and operated locations and are based on a percentage of each location’s revenue.

  • Contributions to the Ad Fund are required to be made from both franchised and Company owned and operated locations and are based on a level of sales of each location’s revenue.

  • The Ad Fund will furnish you with approved advertising materials at its direct cost of producing those advertising materials.

  • In accordance with IAS 18 – Revenue, the revenue, expenses and cash flows of the Ad Fund are not included in the Company’s Statements of Comprehensive Loss because the contributions to the Ad Fund are segregated, designated for a specific purpose, and the Company acts, in substance, as an agent with regard to these contributions.

  • A further description of the Ad Fund and your obligations with respect to advertising and promoting the Franchise is found in Section 11 of this Agreement.

  • We will prepare an annual statement of monies collected and costs incurred by the Ad Fund and will make it available to you on written request.

  • We may spend in any fiscal year an amount greater or less than the total contributions to the Ad Fund in that year.

  • Master Franchisee will deposit all Advertising Contributions received pursuant to the Franchise Agreements into the Ad Fund Account.

  • At any time thereafter, we will have the right to reinstate the Ad Fund under the same terms and conditions as described in this Section (including the rights to terminate and reinstate the Ad Fund) by giving you thirty (30) days’ advance written notice of reinstatement.


More Definitions of Ad Fund

Ad Fund means an advertising fund formed by FRANCHISOR by combining the Advertising Contribution with advertising contributions paid in respect of any number of other Burger King Restaurants.
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Ad Fund means the account maintained by the Manager for advertising payments in respect of the Wingstop Brand, together with any other new accounts for advertising payments created by the Manager from time to time.
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Ad Fund means the advertising fund formed by FRANCHISOR by combining the Advertising Contribution with advertising contributions paid in respect of all Burger King Restaurants in the Territory, and managed by Franchisee until the occurrence of an MFDA Termination Event or until FRANCHSOR terminates Franchisee’s right to manage the Ad Fund under clause 10(7) of the MFDA.
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Ad Fund means the fund created through Franchisees’ payments in connection with the marketing and advertising of the Ruby’s® brand on a regional and a system/national level, as required by certain Franchise Agreements.
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Related to Ad Fund

  • Pooled Fund means any pooled fund established and maintained by the Partners as a pooled fund in accordance with the Regulations Pooled Fund Manager means such officer of the Host Partner which includes a Section 113 Officer for the relevant Pooled Fund established under an Individual Scheme as is nominated by the Host Partner from time to time to manage the Pooled Fund in accordance with Clause 8.2. Provider means a provider of any Services commissioned under the arrangements set out in this Agreement.

  • Fund means any Person (other than a natural person) that is (or will be) engaged in making, purchasing, holding or otherwise investing in commercial loans and similar extensions of credit in the ordinary course of its business.

  • Sub-Fund means a segregated pool of assets and liabilities into which the Trust Fund is divided, established under the Trust Deed and the relevant supplemental deed as a separate trust as described in the relevant Appendix.

  • Settlement Fund means the Settlement Amount plus any and all interest earned thereon.

  • Investment Funds means all monies and financial resources available for investment by the Authority, other than proceeds of bonds issued by the Authority.

  • Operating Fund means a fund in which the revenues and expenditures are subject to appropriation control.

  • Mutual Funds means (i) all open-end mutual funds; and (ii) similar pooled investment vehicles established in non-U.S. jurisdictions, such as registered investment trusts in Japan. For purposes of the Code, Mutual Fund does not include shares of open-end money market mutual funds (unless otherwise advised by Compliance).