Marketing Payment definition
Examples of Marketing Payment in a sentence
For the avoidance of doubt, it is understood by the Parties that the amount of the Replacements Notes delivered pursuant to this MOA will include the Marketing Payments amounts payable pursuant to this Section 5, and that the Replacement Notes for the Reference Payments Notes (Brazil) and Reference Payments Notes (Cayman) shall be released to AOLB in accordance with the SMA if any Marketing Payment is not made to AOLB when due and payable.
In either event, EPENZIO will deduct a maximum of $10,000 per week from the following weeks Advance Marketing Payment until these amounts are recovered.
The amount of the Termination Fee shall be reduced by the amount of any Reference Payment or Marketing Payment Itau has generated and paid to AOLA or AOLB after the Trigger Date.
Should, through an Act of God, a scheduled seminar or business session be cancelled, EPENZIO will only recover 50% of the Advance Marketing Payment paid for that seminar .Should such cancellation occur more than one-time in a calendar year, EPENZIO will be allowed to recover the full amount of the Advance Marketing Payment for that seminar.
Accordingly, AOLB shall be entitled to receive the Marketing Payments as provided in this Section 5 as the sole and exclusive remedy for AOLA and AOLB for any failure by Itau to perform any obligation that results in a Marketing Payment under Section 5(a) or 5(b), except for any remedy provided in the SMA that provides for the payment of any Termination Fee, Acceleration Payment or Pro-Rata Reference Payment required by the terms of the SMA.
For purposes of this MOA, the term "Marketing Payment" shall mean the TVC/Media Payment (as defined below), together with the Promoter and Distribution Payment (as defined below) and the Banking Benefits Payment (as defined below).
Upon the occurrence of a Promotion and Marketing Failure on or prior to the second anniversary of the Effective Date, at the sole election of Purchaser, the Promotion and Marketing Payment Amount will be due and payable to Purchaser within *** after the expiration of the applicable cure period.
HOME shall only use the Advance Marketing Payment paid by EPENZIO for advertising and promotion of HOME seminars and business sessions where EPENZIO products and services will be sold.
In the event Customer refers PNRs created in the Sabre System to a Sabre travel agency for ticketing and in lieu of paying the Booking Payment and the Marketing Payment, Sabre will pay Customer a PNR referral payment ("PNR REFERRAL PAYMENT"), on a monthly basis, equal to [TEXT OMITTED - CONFIDENTIAL TREATMENT REQUESTED] per referred PNR.
The Excess Marketing Payment is due thirty (30) days after the end of the Quarter in which the Licensee exceeds the Guaranteed Marketing Contribution.