Common use of Payola Clause in Contracts

Payola. Programmer agrees that it will not accept any consideration, compensation, gift or gratuity of any kind whatsoever, regardless of its value or form, including, but not limited to, a commission, discount, bonus, material, supplies or other merchandise, services or labor (collectively "Consideration"), whether or not pursuant to written contracts or agreements between Programmer and merchants or advertisers, unless the payer is identified in the program for which Consideration was provided as having paid for or furnished such Consideration, in accordance with the Communications Act and FCC requirements. Programmer agrees at the reasonable request of Licensee, to execute and provide Licensee with a Payola Affidavit, substantially in the form attached hereto as Attachment V.

Appears in 3 contracts

Sources: Time Brokerage Agreement (American Radio Systems Corp /Ma/), Time Brokerage Agreement (American Radio Systems Corp /Ma/), Time Brokerage Agreement (American Radio Systems Corp /Ma/)