Major Advertiser definition
Major Advertiser as used herein shall mean any advertiser whose annual payments are Five Thousand Dollars ($5,000.00) in the aggregate or more. No group of advertisers whose annual payments exceed Forty Thousand Dollars ($40,000) have advised Seller they will not renew or are going to breach or terminate their advertising contracts when they are assigned to Buyer.
Examples of Major Advertiser in a sentence
No supplier, distributor, material customer or Major Advertiser of any Seller Group Entity has notified the Seller Group of an intention to terminate, or reduce by more than 33% the aggregate economic terms of, its existing business relationship with the Seller Group and, to the knowledge of the Designated Named Seller Group Executives, no such termination or reduction is likely to occur.