PROMOTION COMMITMENT definition
PROMOTION COMMITMENT means the following sum(s) which Licensee agrees to spend in the following way(s), in accordance with the provisions of Paragraph 18.A.: [ ]
PROMOTION COMMITMENT means the following sum(s) which Licensee agrees to spend in the following way(s): __________________________________ * FILED SEPARATELY WITH COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT. 5 Licensee hereby acknowledges Licensee's understanding that Disney is implementing a common marketing and promotional fund (the "Common Marketing Fund"), during the Principal Term, for purposes of marketing and promoting the Licensed Material and the Trademarks, as Disney may deem appropriate in Disney's absolute discretion. In order to implement the Common Marketing Fund, Licensee shall be required, from time to time at Disney's request, to provide a contribution(s) to the Common Marketing Fund, the cumulative total of which shall not exceed one percent (1%) of Licensee's Net Invoiced Bill▇▇▇▇ for Articles (such Net Invoiced Bill▇▇▇▇ ▇▇ be estimated by Disney in a reasonable manner) during the Principal Term, but in no event less than a cumulative total of one percent (1%) of the quotient of (the Guarantee divided by the Royalty rate for F.O.B. In Sales). Within fifteen (15) days after each request by Disney, Licensee shall pay to Disney the amount of the contribution designated by Disney. Such contribution may be expended by Disney and/or Disney's designees in the amount and in the manner Disney deems most appropriate in order to market, promote, and advertise the Licensed Material and the Trademarks. Licensee's contribution shall only be spent for the promotion of the Licensed Material and the Trademarks licensed hereunder. However, Disney does not ensure that Licensee will benefit directly or pro-rata from the operation of the Common Marketing Fund. Licensee shall not be entitled to any audit rights with regard to the Common Marketing Fund.
PROMOTION COMMITMENT except for 2004, means the following minimum sum(s) which Licensee agrees to spend in the following way(s): Licensee shall spend no less than [****] of Net Sales from the previous calendar year for Licensed Products sold to promote the Licensed Products through direct response Television, print media, literature, brochures and POP materials (but not to include trade shows). For 2004, Promotion Commitment shall be at least [****] including trade shows.
Examples of PROMOTION COMMITMENT in a sentence
If a LICENSEE is uncertain as to whether a distribution channel or mass market account is authorized they shall consult with OWNER.) Distribution Start Date: Upon completion of final license agreement EXHIBIT 10 (SECTION 14.2: PROMOTION COMMITMENT) Amount due quarterly, annually SCHEDULE A PROPERTY USMC initials, terms Marine Corps, U.S. Marine Corps, U.S. Marines, United States Marines, U.S. Marines, and Marines.
Direct out-of-pocket expenditures relating to public relations or in-store seminars, promotions, displays or exhibits may also constitute expenditures permitted for the PROMOTION COMMITMENT.
LICENSEE shall expend for the PROMOTION COMMITMENT of the LICENSED ARTICLES during each annual period during the TERM of this Agreement the amount set forth in EXHIBIT 10 hereto.
More Definitions of PROMOTION COMMITMENT
PROMOTION COMMITMENT means the following sum(s) which you agree to spend in the following way(s): none.
PROMOTION COMMITMENT means the following promotional and marketing support which Licensee agrees to provide for the Book:
(i) Licensee shall include the Book in its catalog, if any, in accordance with the following: the catalogs shall have a separate page or pages showing all new formats and titles. The Book shall in addition to being included in the main index of the catalog be separately indexed in an index listing all formats and titles of the Book. All such catalog pages are subject to Licensor's prior written approval.
(ii) Licensee shall make available point-of-purchase marketing support materials for all new theatrical and video releases and, as it deems appropriate, for Disney-animated television programs and brand programs covered by the Book. All such marketing support materials are subject to Licensor's prior written approval.
(iii) Licensee shall endeavor to conduct two (2) major Territory-wide in-store marketing promotions for any of the character(s) included in the Licensed Property, at Licensee's sole discretion, during each year of the Term, and any extension thereof, and Licensor will contribute without charge creative and marketing direction assistance for such annual promotions. Notwithstanding the foregoing, Licensee acknowledges the importance to Licensor of supporting the Disney-animated feature releases. All such promotions are subject to Licensor's prior written approval.
(iv) Twice each calendar year, Licensee agrees to provide Licensor with a detailed sales, marketing, and creative program (the "Program") specifying how Licensee intends to support and promote each of the character classes in the Licensed Property (i.e., the "A" , "B" and "C" Properties as set forth in Schedule A hereto). Licensee shall use its best efforts to implement the Program presented to Licensor, with the goal of meeting Licensor's expectation and intention that Licensee will actively and mutually support each of the character classes in the Licensed Property in approximately the following ratios: [Intentionally omitted pursuant to a confidential treatment request and separately filed with the Commission] License shall provide Licensor with complete copies of all materials utilized in presenting the Program.
(v) All requests for approval required under this Subparagraph 1.10 shall be sought by Licensee as early as possible and should include all information necessary to allow Licensor to make an informed decision. Licensor shall endeavor to indicate its approval or disapproval ...
PROMOTION COMMITMENT means the following sum(s) which Licensee agrees to spend in the following way(s):
(1) Licensee agrees to participate in Disney's common marketing and promotional fund (the "Common Marketing Fund" or "CMF") as provided in this Paragraph 1.N. The amount of the CMF contribution shall be calculated as * percent ( * %) of Licensee's Net Invoiced Bill▇▇▇▇ ▇▇▇ shall be payable concurrently with Royalties (but by separate payment to such account as Disney specifies) due each Royalty Payment Period, as set forth in greater detail in Paragraph 20.A. hereof. Any subsequent reduction of Net Invoiced Bill▇▇▇▇ ▇▇▇ any reason shall not result in any adjustment of any CMF payment. In addition, Licensee shall pay a "CMF Guarantee", meaning the sum(s) which Licensee guarantees to pay Disney as a minimum amount of the CMF payment on Licensee's cumulative sales in the relevant period. The "CMF Guarantee" shall be the amount equal to * percent ( * %) of the quotient of the Guarantee divided by the Royalty rate for F.O.B. In Sales. Licensee also may be required to pay one or more payments of "CMF Advances" which shall be non-refundable installments of the CMF Guarantee, each to be due and payable on a date to be specified by Disney, in its absolute discretion.
PROMOTION COMMITMENT means the following sum(s) which you agree to spend during the following period(s) in the following way(s): A minimum of 3% (three percent) of your Net Invoiced B▇▇▇▇▇▇▇ as defined in paragraph 1(g) during the Principal Term to advertise the Articles. Such sum will be spent in trade show, catalogues and in other ways as we may determine in our sole discretion from time to time.
PROMOTION COMMITMENT. Three percent (3%) of the updated projected sales as communicated by Licensee to Licensor in writing. Trademark/Copyright notice: LOONEY TUNES names, characters and all related indicia are trademarks of Warner Bros. a Division of Time Warner Entertainment Company, L.P. Samples: Fifteen (15) of each Article. Insurance: 500,000 Special Stipulations
PROMOTION COMMITMENT means the amount specified in EXHIBIT 10 which LICENSEE agrees to spend during each year of this agreement on consumer advertising and promotion activities as detailed in Sections 14.2 and 14.3.
PROMOTION COMMITMENT means any amount spent by Licensee to promote all Products for sale to accepted dealers and to the general public, which amount will be determined by Licensee in its sole discretion.