National Advertising. Our commission is payable from the proceeds of sale by your conveyancer/solicitor upon completion. Interest at the rate of 4% above the Bank of England base rate may be charged until payment is made on accounts not settled by you or your conveyancer within 7 days of completion.
National Advertising. PHI may use a portion of the royalties paid to PHI pursuant to Section 9.1, below, to develop and administer advertising, promotional, and marketing programs designed to promote and enhance the collective success of Pizza Hut products and services. PHI need not expend the funds in the same year (or other period) as those payments are received, and PHI need not prove that Licensee received any benefit from Licensee's payments. PHI's good faith decisions on expenditures of advertising funds (including allocation between research, production costs, and advertising; type, quantity, timing, and placement of advertisements; choice of media, market areas, and advertising agencies; and levels of expenditures on various products or concepts, which may not correspond to fees paid in connection with those products or concepts), are final and binding. PHI may, in its sole discretion, seek input from Licensee as to expenditures of advertising funds, but that input will be advisory only. PHI may, in its sole discretion, pay some or all national advertising monies to "The Joint
National Advertising. Developer shall make contributions to our Advertising Fund for each of the three Pilot Franchises operated by Developer as set forth in the Franchise Agreements executed by Developer in conjunction with its execution of this Agreement. Developer shall make contributions to our Advertising Fund in an amount set forth by us should such contributions be required by Us.
National Advertising. For United States and Canadian engagements, there is to be a reimbursement at settlement for the national advertising campaign of $250.00 (USD).
National Advertising. Licensee shall use good-faith reasonable efforts to promote the sale of Licensed Products throughout the Territory in a manner consistent with the goals and aspirations of the Xxxxx Bahama brand, and the National Advertising spending requirements set forth on Exhibit H. To qualify as National Advertising, the items and costs must be approved in writing by Licensor prior any expenditures having been made on them. Within fifteen (15) business days of confirmed receipt of the foregoing National Advertising items and costs, Licensor agrees that it will examine and either approve or disapprove the relevant National Advertising expenditures and notify Licensee of its approval or disapproval in writing. It is understood between the parties that if Licensee does not receive a response from Licensor within five (5) business days after the fifteen (15) business day period detailed above, the Licensor has disapproved such request. If approval is given by Licensor, all such National Advertising items and costs shall conform in all material respects to the sample, and within reason, the estimated costs. Licensee mush must also comply with the Marketing Materials approval standards related to National Advertising and set forth in Section 10 of this Agreement
National Advertising. During each of the Contract Years set forth in Column A of the following table, Licensee shall spend no less than the greater of (i) the applicable monetary sum for National Advertising as set forth in Column B in the table below, or (ii) the percentage of Net Sales set forth in Column C in the table below.
National Advertising. A. BRAII may, from time-to-time, establish a National Advertising Fund for the mutual use of all System Restaurants. Upon establishment of the National Advertising Fund, Franchisee will be required to contribute an amount not in excess of 2.0% of the prior months Gross Sales (as defined herein), for national advertising placed for the benefit of all System Restaurants. Upon establishment of the National Advertising Fund, BRAII shall establish an advertising council ("Advertising Council") to act as the board of directors for the National Advertising Fund. The Advertising Council shall consist of eight (8) members: the President, Director of Operations, and Vice President of Corporate Administration and the Vice President of Operations of BRAII (or such other members of the BRAII as designated by BRAII) and four (4) Franchisee representatives who shall be elected by a majority vote of Franchisees.
National Advertising
