National Marketing Fund definition
Examples of National Marketing Fund in a sentence
When instituted, the National Marketing Fund may be combined with any marketing fund otherwise established for ZLand franchisees and the funds merged for use in accordance with this Agreement.
We will administer the “Kilwins” National Marketing Fund (the “National Marketing Fund”) as specified in Section 13 below.
ZNMF shall not be terminated or dissolved, however, until all monies held in the National Marketing Fund have been expended for the purposes described in this Agreement.
ZNMF pays all costs incurred by ZNMF and ZFL, its agents and representatives, which are reasonably related to the maintenance, administration or direction of the National Marketing Fund.
We have established a National Marketing Fund and will have the right to establish, at any time, a regional marketing fund (“Regional Fund”) as described in this Section 13.
Franchisor shall administer the National Marketing Fund (as hereinafter defined) and the Cooperative Ad Fund (as hereinafter defined), if such funds exist or are created, in the manner set forth in Section 13 below.
It was also decided that the National Marketing Fund be recorded as a separate fund in the financials, and not as a line item.
National Marketing Fund and Price Simplification:Creating the National Marketing Fund (NMF) had been discussed at an informal meeting of the board the day before and an informal consensus had been reached.
National Marketing Fund:Darren Klassen presented a proposal on the National Marketing Fund, with an accompanying memo.
The Franchisor may establish the National Marketing Fund to develop marketing initiatives for promoting the goodwill and reputation of the Business System, the Services and the Franchised Businesses in Australia for the benefit of all franchisees.