Examples of Marketing Fund Contribution in a sentence
Franchisor shall notify Franchisee at least thirty (30) days before implementing or changing Marketing Fund Contribution requirements.
Franchisor may change the method of funding the Marketing Fund Activities (including by establishing methods of funding Marketing Fund Activities other than by the Marketing Fund Contribution or the Program Services Contribution) or the amount of the Marketing Fund Contribution, subject to Item 12.B of Exhibit A (without any obligation to make a corresponding change to the total Program Services Contribution), and Franchisee will be bound by any such changes.
For periods after the PSC Implementation Date, the Marketing Fund Contribution will be paid by Franchisee as part of the Program Services Contribution.
Franchisor has no obligation to ensure that any particular System Hotel, including the Hotel, benefits from Marketing Fund Activities on a pro-rata or other basis or that the Hotel will benefit from the Marketing Fund Activities proportionate to the Marketing Fund Contribution paid by Franchisee or allocated by Franchisor to the Marketing Fund from the Program Services Contribution paid by Franchisee.
Franchisor and its Affiliates do not hold the Marketing Fund Contribution as a trustee or as a trust fund and have no fiduciary duty to Franchisee for the Marketing Fund.
If provided for in the Manager’s response to the RFP, the Manager Event Marketing Fund Contribution to the Facilities shall be made available by the Manager for the purposes described in this paragraph and need not be paid into an account or segregated from the Manager’s general funds; however, the Manager shall separately track and account for such funds in its books and records.
The Marketing Fund Contribution may be commingled with other money of Franchisor and its Affiliates and used to pay all costs, including administrative costs, salaries and overhead, and collection and accounting costs, incurred by Franchisor or any of its Affiliates for the Marketing Fund and the Marketing Fund Activities.
Franchisor or its Affiliates may (but are not obligated to): (i) loan money for Marketing Fund Activities and charge interest on any such loan; and (ii) use the Marketing Fund Contribution to repay any such loan plus interest.
Franchisor or affiliate owned Fiesta Insurance businesses shall contribute to the Marketing Fund and the Monthly Digital Marketing Fund Contribution on the same basis as Franchisee is required to contribute to the Marketing Fund and the Monthly Digital Marketing Fund Contribution.