Common use of Advertising Revenues Clause in Contracts

Advertising Revenues. If at any time during the term of the Agreement (a) Advertising Revenues exceed * Dollars (US$*), or (b) the number of AOL User visits to the Affiliated MP Site, the Decision Guide Affiliated Site (visits to the Decision Guide Affiliated Site to count towards this total only to the extent that they exceed the DGAS Sponsorship Impressions Commitment) and the MP Interactive Site exceeds * (*) (the "Term Revenue Sharing Threshold"), then MP will pay AOL * percent (*%) of all Advertising Revenues generated from the date on which the Term Revenue Sharing Threshold is met through the remainder of the Term. In the event that the Term Revenue Sharing Threshold is met, then MP shall cease to have any payment obligations under the Term AOL Revenue Sharing Threshold described Section 4.2.1. If at any time during either the first twelve months of the Initial Term or the second twelve months of the Initial Term either (i) the amount of Advertising Revenues generated exceeds * Dollars (US$*), or (ii) the number of AOL User visits to the Affiliated MP Site, the Decision Guide Affiliated Site (visits to the Decision Guide Affiliated Site to count towards this total only to the extent that they exceed the DGAS Sponsorship Impressions Commitment) and the MP Interactive Site exceeds * (*) (the "Annual Revenue Sharing Threshold"), then MP will pay AOL * percent (*%) of all Advertising Revenues generated from the date on which the Annual Revenue Sharing Threshold is met through the remainder of the relevant twelve month period. In the event that the Annual Revenue Sharing Threshold is met, then MP shall cease to have any payment obligations under the Annual AOL Revenue Sharing Threshold described Section 4.2.1. MP will pay all of the foregoing amounts described in this Section 4.2.2 on a quarterly basis within thirty (30) days following the end of the quarter in which the applicable Advertising Revenues were generated.

Appears in 2 contracts

Samples: Interactive Marketing Agreement (Autotrader Com Inc), Interactive Marketing Agreement (Autotrader Com Inc)

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Advertising Revenues. If at any time during the term of the Agreement (a) Advertising Revenues exceed * Dollars (US$*), or (b) the number of AOL User visits to the Affiliated MP Site, the Decision Guide Affiliated Site (visits to the Decision Guide Affiliated Site to count towards this total only to the extent that they exceed the DGAS Sponsorship Impressions Commitment) and the MP Interactive Site exceeds * (*) (the "Term Revenue Sharing Threshold"), then MP will pay AOL * percent (*%) of all Advertising Revenues generated from the date on which the Term Revenue Sharing Threshold is met through the remainder of the Term. In the event that the Term Revenue Sharing Threshold is met, then MP shall cease to have any payment obligations under the Term AOL Revenue Sharing Threshold described Section 4.2.1. If at any time during either the first twelve months of the Initial Term or the second twelve months of the Initial Term either (i) the amount of Advertising Revenues generated exceeds * Dollars (US$*), or (ii) the number of AOL User visits to the Affiliated MP Site, the Decision Guide Affiliated Site (visits to the Decision Guide Affiliated Site to count towards this total only to the extent that they exceed the DGAS Sponsorship Impressions Commitment) and the MP Interactive Site exceeds * (*) (the "Annual Revenue Sharing Threshold"), then MP will pay AOL * percent (*%) of all Advertising Revenues generated from the date on which the Annual Revenue Sharing Threshold is met through the remainder of the relevant twelve month period. In the event that the Annual Revenue Sharing Threshold is met, then MP shall cease to have any payment obligations under the Annual AOL Revenue Sharing Threshold described Section 4.2.1. MP will pay all of the foregoing amounts described in this Section 4.2.2 on a quarterly basis within thirty (30) days following the end of the quarter in which the applicable Advertising Revenues were generated. * Certain information on this page has been omitted from this filing and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.

Appears in 1 contract

Samples: Interactive Marketing Agreement (Autotrader Com Inc)

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Advertising Revenues. If at any time during During the term of the Agreement (a) Advertising Revenues exceed * Dollars (US$*)Term, or (b) the number of AOL User visits Purchase Pro shall be entitled -------------------- to the Affiliated MP Site, the Decision Guide Affiliated Site (visits to the Decision Guide Affiliated Site to count towards this total only to the extent that they exceed the DGAS Sponsorship Impressions Commitment) and the MP Interactive Site exceeds * (*) (the "Term Revenue Sharing Threshold"), then MP will pay AOL * one hundred percent (*100%) of all the Advertising Revenues generated from sales of Advertisements within the pages of the AOL Exchange other than the main banner Advertisement on each such page until such time as the total Purchase Pro share of the Advertising Revenues generated to date equals One Million Dollars (US $1,000,000)(the "First Advertising Trigger Date"). From the First Advertising Trigger Date through the date on which the Term Revenue Sharing Threshold is met through total Advertising Revenues generated to date (including the remainder initial $1,000,000 and including both AOL's and Purchase Pro's shares of Advertising Revenues thereafter) equals Fifteen Million Dollars (US $15,000,000)(the "Second Advertising Trigger Date"), Purchase Pro shall be entitled to seventy percent (70%) and AOL shall be entitled to thirty percent (30%) of the Advertising Revenues generated from sales of Advertisements within the pages of the AOL Exchange other than the main banner Advertisement on each such page. From the Second Advertising Trigger Date until the end of the Term, Purchase Pro shall be entitled to thirty percent (30%) and AOL shall be entitled to seventy percent (70%) of the Advertising Revenues generated from sales of Advertisements within the pages of the AOL Exchange other than the main banner Advertisement on each such page. During the Term, AOL shall be entitled to one hundred percent (100%) of the Advertising Revenues from (a) the main banner Advertisement on each page within the AOL Exchange and (b) any pages preceding, introducing, promoting or otherwise linking to the AOL Exchange. Purchase Pro shall not be entitled to any Advertising Revenues after termination or expiration of this Agreement. In the event that AOL does not elect to renew this Agreement for a Renewal Term, the Term Revenue Sharing Threshold is met, then MP advertising revenue sharing set forth in this Section shall cease to have any payment obligations under survive the Term AOL Revenue Sharing Threshold described Section 4.2.1. If at any time during either the first twelve months expiration of the Initial Term or for a period of two (2) years. During such two year survival period (if any), AOL shall sell advertising inventory within the second twelve months AOL Exchange in a substantially similar manner to the manner in which AOL sold advertising inventory during the third year of the Initial Term either (i) Term, except in the amount case of Advertising Revenues generated exceeds * Dollars (US$*), or (ii) the number of AOL User visits to the Affiliated MP Site, the Decision Guide Affiliated Site (visits to the Decision Guide Affiliated Site to count towards this total only to the extent that they exceed the DGAS Sponsorship Impressions Commitment) and the MP Interactive Site exceeds * (*) (the "Annual Revenue Sharing Threshold"), then MP will pay AOL * percent (*%) of all Advertising Revenues generated from the date on which the Annual Revenue Sharing Threshold is met through the remainder of the relevant twelve month period. In the event that the Annual Revenue Sharing Threshold is met, then MP shall cease to have any payment obligations under the Annual AOL Revenue Sharing Threshold described Section 4.2.1. MP will pay all of the foregoing amounts described a material change in this Section 4.2.2 on a quarterly basis within thirty (30) days following the end of the quarter in which the applicable Advertising Revenues were generatedmarket conditions.

Appears in 1 contract

Samples: Confidential Treatment (Purchasepro Com Inc)

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