Display Allowances Sample Clauses
Display Allowances. “Display Allowances” shall mean the total of all display allowances, placement allowances, special purpose allowances, or other promotional incentives received by Concessionaire (or Concessionaire’s subtenant, licensee or concessionaire) from vendors, suppliers or manufacturers and any other revenue of this type, and further, if such allowances are received as a part of non-differentiated sales by Concessionaire (or Concessionaire’s subtenant, licensee or concessionaire) operating at multiple airports, Concessionaire shall, subject to the Port’s review, reasonably allocate the allowances between the airports and designate the amount to be allocated to the Airport for the calculation of Percentage Fees due. Display Allowance shall not include any manufacturer’s or supplier’s rebates and/or volume discounts that are properly considered, under generally accepted accounting principles, credits against the cost of goods sold.
Display Allowances. (A) If through the efforts of the Consultant the Company's monthly display allowances (the "Display Allowances") (i) increase by Ten Thousand dollars ($10,000) but less than Twenty Thousand dollars ($20,000) over the trailing three month period and (ii) remain at such level for four consecutive months, then the Consultant shall be entitled to exercise a portion of the Warrant for the purchase of Forty Thousand (40,000) shares of Common stock; or
(B) If through the efforts of the Consultant the Company's monthly Display Allowances (i) increase by Twenty Thousand dollars ($20,000) but less than Thirty Thousand dollars ($30,000) over the trailing three month period and (ii) remain at such level for four consecutive months, then the Consultant shall be entitled to exercise a portion of the Warrant for the purchase of Eighty Thousand (80,000) shares of Common stock; or
(C) If through the efforts of the Consultant the Company's monthly Display Allowances (i) increase by Thirty Thousand dollars ($30,000) but less than Forty Thousand dollars ($40,000) over the trailing three month period (ii) remain at such level for four consecutive months, then the Consultant shall be entitled to exercise a portion of the Warrant for the purchase of One Hundred Twenty Thousand (120,000) shares of Common stock; or
(D) If through the efforts of the Consultant the Company's monthly Display Allowances (i) increase by Forty Thousand dollars ($40,000) but less than Fifty Thousand dollars ($50,000) over the trailing three month period and (ii) remain at such level for four consecutive months, then the Consultant shall be entitled to exercise a portion of the Warrant for the purchase of One Hundred Sixty Thousand (160,000) shares of Common stock; or
(E) If through the efforts of the Consultant the Company's monthly Display Allowances (i) increase by Fifty Thousand dollars ($50,000) or more over the trailing three month period and (ii) remain at such level for four consecutive months, then the Consultant shall be entitled to exercise a portion of the Warrant for the purchase of Two Hundred Thousand (200,000) shares of Common stock;
Display Allowances. “Display Allowances” shall mean the total of all display allowances, placement allowances, special purpose allowances, or other promotional incentives received by Concessionaire (or Concessionaire’s subtenant, licensee or concessionaire) from vendors, suppliers or manufacturers and any other revenue of this type, and further, if such allowances are received as a part of non-differentiated sales by Concessionaire (or Concessionaire’s subtenant, licensee or concessionaire) operating at multiple airports, the Port shall solely and reasonably designate the amount to be allocated to the Airport for the calculation of Percentage Fees due.