Common use of Advertising Commitment Clause in Contracts

Advertising Commitment. Each year of the Term, Licensee shall spend at least four percent (4%) of Net Sales from the sale of Licensed Products during each such year on advertising and promotion for the Licensed Products. Licensee shall promptly provide all information reasonably requested by Licensor to certify compliance with this Section 5.4.

Appears in 2 contracts

Sources: Brand Transfer Agreement (TPCO Holding Corp.), License Agreement (TPCO Holding Corp.)