Target Segments definition
Examples of Target Segments in a sentence
You shall only market and promote the Cloud Service and associated Professional Services and lead sales activities to Leads that have their principal place of business (in respect of geographical segments) and their primary business activities (in respect of business segments) within the Target Segments.
On the strict condition and undertaking that Yatra shall use the Galileo System in accordance with the terms of this Agreement and that it shall achieve the Target Segments, IGT agrees to pay, an upfront advance of […***…] to Yatra.
From the Business Commencement Date, Yatra agrees and undertakes to use the Galileo System as its GDS and generate Target Segments (as defined hereinafter) on the Galileo System, in each Contract Year during the Term of this Agreement.
In the event that Yatra fails to achieve the Yearly Target Segments in any Contract Year(s), IGT shall have right to deduct an amount of […***…] per Segment for short fall Segments, from the Loyalty Incentives payable by IGT to Yatra or to be adjusted against the Upfront Advance.
Notwithstanding anything in this Agreement to the contrary, the arrangements created by this Agreement are made on a non-exclusive basis and nothing set out herein shall restrict or impede Us from entering into partner agreements with other parties, including for the marketing and promotion of the Cloud Service by such parties within the Target Segments.
On the strict condition and undertaking that Yatra shall use Galileo System and achieve minimum Percentage Target Segments as provided in Clause 3.1(i) of this Agreement, IGT agrees to pay a one-time sign up bonus of […***…] to Yatra (calculated @ […***…] per Contract Year) (“Sign Up Bonus”).
Yatra agrees and undertakes to generate minimum Segments, in each Contract Year, as mentioned below (“Yearly Target Segments”): Percentage Target Segments and Yearly Target Segments are collectively referred to as (“Target Segments”).
Taking the aforesaid into consideration, should You become aware of a Lead outside the Target Segments, You may refer such Lead to Us, for which You may be entitled to a Referral Fee in accordance with what is set out in Section 9.
ROAD and Intel will meet regularly to discuss cooperative marketing strategies for mutually agreed target segments ("Target Segments").
In the event that Yatra fails to achieve the Yearly Target Segments in any contract year(s), ITQPL shall have right to deduct an amount of [***] ( [***])per Segment for short fall Segments, from the Loyalty Incentives payable by ITQPL to Yatra.