Beginning on the first Settlement Sample Clauses

Beginning on the first Settlement. Date after the end of the thirteenth (13th) Billing Period and continuing on each Settlement Date thereafter until the Termination Notice Date, and PROVIDED there exists no Default or Event of Default on any such date, Bank shall credit an amount equal to one-twelfth (1/12) of the product of the Average Net Receivables for the immediately preceding Billing Period and XXXXXXX percent (XXXX%), to a record maintained on the books of the Bank. Such record is referred to herein as the "Marketing Fund." Except for the right to require Bank to make payments from such account from time to time in accordance with Section 2.03(d) hereof, Retailers have no right, title or interest in or to the Marketing Fund or in and to any amounts which have been credited thereto. [A portion of this section has been omitted pursuant to a request for confidential treatment under Rule 406 under the Securities Act of 1933, as amended. A copy of this section with the portion intact has been filed separately with the Securities and Exchange Commission]