Advertising Availabilities definition
Examples of Advertising Availabilities in a sentence
Advertising Availabilities include advertising banners, sponsorships, and those segments or spaces reasonably suitable for the display of advertising and to which the Tags (as defined in 2(A) below) shall be affixed as provided herein, on those pages or screens on the Website(s) owned and operated by the Network Affiliate (individually, a Page or Screen, collectively, the Pages or Screens).
All cash and other consideration generated from the sale of Advertising Availabilities by 24/7 (the Payment) shall be payable directly to 24/7 by Advertisers.
As consideration for the sale of Advertising Availabilities to the Company by the Class A Member, within 30 days after the end of each broadcast month during the term of the Company, the Company shall pay to the Class A Member such amount of the net advertising revenue attributable to the sale of, or placement of commercial advertising on, the Class A Member’s Advertising Availabilities (the “Class A Member Purchase Price”) as the Managing Member in its discretion shall determine.
In order that an advertiser may deal with an individual Member rather than the Company with respect to a particular advertising buy, each Member shall maintain the separate capability to administer and fulfill direct sales of Advertising Availabilities to advertisers out of those Advertising Availabilities not sold to the Company by such Member.
Notwithstanding the foregoing, each Member hereby agrees that, for a period of no more than three months from the date of withdrawal, it will honor all contracts for the sale of Advertising Availabilities entered into by the Company prior to such Member’s withdrawal from the Company and that it will insert and cablecast all commercials received from the Company after its withdrawal pursuant to any such contract.
The Managing Member or its designees shall determine the exact Advertising Availabilities on the Systems, out of the Advertising Availabilities sold by the Members to the Company that will be resold by the Company.
As consideration for the sale of Advertising Availabilities to the Company by the Class B Member, the Company shall pay to the Class B Member the Class B Member Purchase Price attributable to the sale of, or placement of commercial advertising on, the Class B Member’s Advertising Availabilities as set forth in the Class B Member Agreement between the Company and the Class B Member.
By the execution and delivery of this Agreement, the Class A Member hereby sells and conveys to the Company, effective as of the Amended and Restated Effective Date, such portion (which shall not be less than 15%) of its Advertising Availabilities on the TWE Insertable Services as the Class A Member may determine from time to time, which portion shall be distributed across all day-parts, programs, events and specials as determined by the Managing Member from time to time.
The rates for the Company’s Advertising Availabilities shall be set by the Managing Member or NCC, as the case may be.