Promotion Fee Sample Clauses
The Promotion Fee clause defines the payment or compensation that one party must provide to another in exchange for promotional services. Typically, this clause outlines the amount, timing, and method of payment for promoting a product, service, or brand, and may specify conditions under which the fee is earned or adjusted. Its core function is to ensure both parties have a clear understanding of the financial terms related to promotional activities, thereby preventing disputes over payment and setting expectations for compensation.
Promotion Fee. After launching the co-branded content offering, DIT agrees to pay SINA Monthly Promotion Fee in Section 4 within Fifteen (15) days after SINA invoice date.
Promotion Fee. The Partner agrees to pay Smartbox Group UK Ltd the promotion fee calculated in accordance with Appendix 1 (‘the Promotion Fee’) in relation to each Activity that is validly booked by a Customer with the Partner. The Promotion Fee shall be inclusive of VAT unless otherwise expressly stated. The Partner shall immediately notify Smartbox Group UK Ltd, by means of the Smartbox Group UK Ltd online booking verification and notification process, of the redemption of each Voucher for an Activity booked with the Partner. Smartbox Group UK Ltd shall invoice the Partner each month for the Promotion Fee payable on all bookings notified to Smartbox Group UK Ltd in respect of the previous month and shall be entitled to deduct all outstanding Promotion Fees (including any VAT) from any payment due to the Partner.
Promotion Fee. The Promotion Fee for the Services rendered under this Agreement is set forth in Exhibit A. JBI shall not be required to reimburse Exagen for any expenses or pass through costs unless approved in writing, in advance by JBI.
Promotion Fee. The Partner agrees to pay ▇▇▇▇▇▇▇▇ the promotion fee calculated in accordance with Appendix 1 (‘the Promotion Fee’) in relation to each Activity that is validly booked by a Customer with the Partner. The Promotion Fee shall be inclusive of VAT unless otherwise expressly stated. The Partner shall immediately notify Buyagift, by means of the Buyagift online booking verification and notification process, of the redemption of each Voucher for an Activity booked with the Partner. Buyagift shall invoice the Partner each month for the Promotion Fee payable on all bookings notified to Buyagift in respect of the previous month and shall be entitled to deduct all outstanding Promotion Fees (including any VAT) from any payment due to the Partner.
Promotion Fee. (a) As compensation for services rendered by Wyeth during the Copromotion Period, King shall pay to Wyeth a promotion fee (the “Promotion Fee”) as follows (subject to adjustment in accordance with Section 4.1(e) hereof):
(i) For the calendar year ending December 31, 2006 (A) fifteen percent (15%) of that portion of Net Sales of the Product(s) during such year that is less than or equal to One Hundred Sixty-Five Million Dollars ($165,000,000), plus (B) forty-two and one-half percent (42.5%) of that portion of Net Sales of the Product(s) during such year that is in excess of One Hundred Sixty Five Million Dollars ($165,000,000) but less than or equal to Four Hundred Sixty-Five Million Dollars ($465,000,000), plus (C) fifty-two and one-half percent (52.5%) of that portion of Net Sales of the Product(s) during such year that is in excess of Four Hundred Sixty-Five Million Dollars ($465,000,000) and less than or equal to Five Hundred Eighty-Five Million Dollars ($585,000,000); it being understood and agreed that there would be no payment due for that portion of Net Sales of the Product(s) in excess of Five Hundred Eighty-Five Million dollars ($585,000,000);
(ii) For the calendar year ending December 31, 2007, thirty percent (30%) of Net Sales of the Product(s), such promotion fee not to exceed One Hundred Seventy Eight Million Five Hundred Thousand Dollars ($178,500,000) for sales made in 2007;
(iii) For the calendar year ending December 31, 2008, twenty-two and one-half percent (22.5%) of Net Sales of the Product(s), such promotion fee not to exceed One Hundred Thirty Four Million Dollars ($134,000,000) for sales made in 2008;
(iv) For the calendar year ending December 31, 2009, fourteen and two-tenths percent (14.2%) of Net Sales of the Product(s), such promotion fee not to exceed Eighty-Four Million Five Hundred Thousand Dollars ($84,500,000) for sales made in 2009; and
(v) For the calendar year ending December 31, 2010, King would pay Wyeth twenty-five percent (25%) of Net Sales of the Product(s), such promotion fee not to exceed Five Million Dollars ($5,000,000) for sales made in 2010.
(b) Within [***] after the end of each calendar quarter during the Term, King shall pay to Wyeth (by wire transfer of immediately available funds to an account designated by Wyeth to King in writing) an amount equal to the [***].
Promotion Fee. During the Initial Term and provided that ------------- EarthLink is not otherwise in material breach or default of this Agreement, E- Stamp shall pay to EarthLink an annual fee of [***] (the "Promotion Fee") payable only in cash as follows: (i) [***] on the Effective Date and on the first day of any Renewal Term, such that, specifically on the Effective Date and on the first day of any Renewal Term, E-Stamp shall pay to EarthLink [***] as part of the Promotion Fee; (ii) [***] within thirty (30) days following the end of three (3) months after the Launch Date and after the first day of any Renewal Term; (iii) [***] within thirty (30) days following the end of six (6) months after the Launch Date and after the first day of any Renewal Term; and (iv) [***] within thirty (30) days following the end of nine (9) months after the Launch Date and after the first day of any Renewal Term.
Promotion Fee. Tenant shall be required to contribute quarterly the amount of three hundred forty dollars ($340.00) to any marketing association that may exist from time to time for the Shopping Center. Tenant will be entitled to periodic mention in ads, use of the reader board signs, etc. Upon removal or conversion of the reader boards to a pylon sign format, Tenant shall no longer be required to pay a promotion fee.
Promotion Fee. 2.3.1 Subject to Sections 2.3.4 – 2.3.10 for the remaining 3 quarters of 2020, “Promotion Fee Income” is defined as the total number of incremental Rx units written above the established Baseline TRxU for the defined universe during the Measurement Period, multiplied by the agreed upon Promotion Fee per Rx Unit. For the Quantities Promotion Fee per Incremental Rx Unit [***] [***] [***] [***] [***] [***]
2.3.2 SIMPONI TRxU growth shall be monitored on a monthly basis. Payouts will be calculated and made to Exagen on a Quarterly schedule in arrears.
2.3.3 See Section 2.12 for a sample calculation of quarterly Promotion Fee during this period.
2.3.4 The terms of the Promotion Fee shall be adjusted for the first two quarters of the Second Term (the quarters ending September 30, 2020 and December 31, 2020) as follows:
2.3.4.1 The Promotion Fee shall be based on a unit value each quarter over Adjusted Baseline TRxU, allocated as follows: For the Quantities Promotion Fee per Incremental Rx Unit [***] [***] [***] [***] [***] [***]
2.3.4.2 Unit quantities from the Contract Term shall carry over into the Contract Term Extension for purposes of determining Promotion Fee per unit.
2.3.4.3 Unit quantities below Adjusted Baseline TRxU in a quarter will be counted as zero for purposes of calculating Quantities for Promotion Fee per unit.
2.3.4.4 ▇▇▇▇▇▇▇ will pay Exagen a Minimum Promotion Fee of $300,000 for the quarters ending September 30, 2020 and December 31, 2020
2.3.4.5 In addition, the Promotion Fee will be capped at an amount reflecting the payment due in the event that Exagen’s TRxU exceeds 5% above the Adjusted Baseline TRxU for the quarters ending September 30, 2020 and December 31, 2020.
2.3.5 For the remaining quarters of the Contract Term Extension (January 1, 2021 – December 31, 2021) and any additional Third Term, the Promotion Fee payment terms shall revert to the terms set forth in the Co-Promotion Agreement, with no Minimum Promotion Fee and no Cap (Section 2.3.3).
Promotion Fee. During the Initial Term and provided that ------------- EarthLink is not otherwise in material breach or default of this Agreement, E- Stamp shall pay to EarthLink an annual fee of Four Hundred Twenty One Thousand Eight Hundred and Seventy Five Dollars ($421,875) (the "Promotion Fee") payable only in cash as follows: (i) twenty-five percent (25%) on the Effective Date and on the first day of any Renewal Term, such that, specifically on the Effective Date and on the first day of any Renewal Term, E-Stamp shall pay to EarthLink One Hundred Five Thousand Four Hundred and Sixty Nine Dollars ($105,469) as part of the Promotion Fee; (ii) twenty five percent (25%) within thirty (30) days following the end of three (3) months after the Launch Date and after the first day of any Renewal Term; (iii) twenty five percent (25%) within thirty (30) days following the end of six (6) months after the Launch Date and after the first day of any Renewal Term; and (iv) twenty five percent (25%) within thirty (30) days following the end of nine (9) months after the Launch Date and after the first day of any Renewal Term.
Promotion Fee iOwn shall pay to EarthLink the promotion fee as ------------- follows (the "Promotion Fee"): (i) [*] [*] Confidential Treatment Requested within five (5) days of the Effective Date, or of a Renewal Date, as applicable; (ii) [*] within thirty (30) days following the end of [*] after the Effective Date, or of a Renewal Date, as applicable; (iii) [*] within thirty (30) days following the end of [*] after the Effective Date, or of a Renewal Date, as applicable; and (iv) [*] within thirty (30) days following the end of [*] after the Effective Date, or of a Renewal Date, if applicable.