Common use of Certain Directory Publishing Agreement Rights and Obligations Clause in Contracts

Certain Directory Publishing Agreement Rights and Obligations. Sellers are party to that certain publishing agreement dated January 1, 2000 with Verizon Information Services Inc. f/k/a GTE Information Services Incorporated ("Publisher"). Pursuant to this agreement Publisher has the right to sell advertising, and the obligation to publish, print and distribute directories containing telephone numbers relating to the Seller Exchanges. Buyer and Publisher shall execute a new publishing agreement on or before the Closing Date effective as of the Closing as it relates to the Seller Exchanges, which agreement shall be substantially in the form attached hereto as Exhibit D (the "Publishing Agreement"). Such Publishing Agreement shall provide Buyer with a fifty-two percent (52%) revenue share in print directory advertising relating to the period after Closing for all directories in use at the time of Closing (i.e., having been published within the twelve (12) month period prior to the Closing Date), and those Verizon-branded directories in current sales campaigns or post-sales publishing cycle at Closing.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Verizon South Inc), Asset Purchase Agreement (Centurytel Inc)

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Certain Directory Publishing Agreement Rights and Obligations. Sellers are Seller is party to that certain publishing agreement dated January 1, 2000 with Verizon Information Services Inc. f/k/a GTE Information Services Incorporated ("Publisher"). Pursuant to this agreement Publisher has the right to sell advertising, and the obligation to publish, print and distribute directories containing telephone numbers relating to the Seller Exchanges. Buyer and Publisher shall execute a new publishing agreement on or before the Closing Date effective as of the Closing as it relates to the Seller Exchanges, which agreement shall be substantially in the form attached hereto as Exhibit D (the "Publishing Agreement"). Such Publishing Agreement shall provide Buyer with a fifty-two percent (52%) revenue share in print directory advertising relating to for the period after Closing for all directories in use at the time of Closing (i.e., having been published within the twelve (12) month period prior to the Closing Date), and those Verizon-branded directories in current sales campaigns or post-sales publishing cycle cycles at Closing.

Appears in 1 contract

Samples: Asset Purchase Agreement (Verizon South Inc)

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Certain Directory Publishing Agreement Rights and Obligations. Sellers are Seller is party to that certain publishing agreement dated January 1, 2000 with Verizon Information Services Inc. f/k/a GTE Information Services Incorporated ("Publisher"). Pursuant to this agreement Publisher has the right to sell advertising, and the obligation to publish, print and distribute directories containing telephone numbers relating to the Seller Exchanges. Buyer and Publisher shall execute a new publishing agreement on or before the Closing Date effective as of the Closing as it relates to the Seller Exchanges, which agreement shall be substantially in the form attached hereto as Exhibit D (the "Publishing Agreement"). Such Publishing Agreement shall provide Buyer with a fifty-two percent (52%) revenue share in print directory advertising relating to for the period after Closing for all directories in use at the time of Closing (i.e., having been published within the twelve (12) month period prior to the Closing Date), and those Verizon-branded directories in current sales campaigns or post-sales publishing cycle cycles at Closing.

Appears in 1 contract

Samples: Asset Purchase Agreement (Centurytel Inc)

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