Grand Opening Promotion Sample Clauses
The Grand Opening Promotion clause establishes the terms and conditions for special offers or incentives provided during the initial launch period of a business or location. Typically, this clause outlines the duration of the promotional period, the specific discounts or benefits available to customers, and any eligibility requirements or limitations. Its core practical function is to attract customers and generate interest during the critical early phase of operations, helping to build initial momentum and market presence.
Grand Opening Promotion. The parties hereby acknowledge that your obligations under this Section 4.6 shall be deemed to have been satisfied as to any Store identified on Schedule A as having been opened prior to the date of this Agreement. You agree to conduct a grand opening advertising and promotion program for a newly developed Licensed Store for a period of at least 7 days, commencing within 30 days after the opening of such Store. You agree to spend no less than $5,000 to promote the grand opening. The advertising and promotion will utilize the standard marketing and public relations programs and media and advertising materials that we have developed for grand opening programs. You must purchase these materials from us, and we will make them available to you upon written request, in advance of the opening of your Licensed Store. Payments for these materials are non-refundable. You may also incur expenses from other vendors and suppliers in connection with your grand opening promotion.
Grand Opening Promotion. You must conduct certain advertising and public relations activities in connection with the opening of your Restaurant, as we specify in writing. We require you to spend, in addition to the required local advertising contribution described above, $12,500 for such grand opening activities. We have the right, but not the obligation, to collect and administer these funds on your behalf. FEES, REPORTING AND AUDIT RIGHTS
Grand Opening Promotion. You agree to conduct a grand opening advertising and promotion program for a newly developed Licensed Store for a period of at least 7 days, commencing within 30 days after opening of the Licensed Store. You agree to spend no less than $5,000 for the grand opening. The advertising and promotion will utilize the standard marketing and public relations programs and media and advertising materials that we have developed for grand opening programs. You must purchase these materials from us, and we will make them available to you upon written request, in advance of the opening of your Licensed Store. Payments for these materials are non-refundable. You may also incur expenses from other vendors and suppliers in connection with your grand opening promotion.