Agency Contribution definition
Examples of Agency Contribution in a sentence
For purposes of calculating the Agency Contribution in any Contract Year, the total amount to be paid by Licensee shall be based on the higher of (i) Licensee’s projected Net Wholesale Sales plus Net Retail Sales as set forth in the Business Plan for the upcoming Contract Year or (ii) actual Net Wholesale Sales plus Net Retail Sales in the previous Contract Year.
The Agency Contribution shall be paid to Licensor in advance, in quarterly installments on April 1, July 1, October 1, and January of each Contract Year.
For the avoidance of doubt, the Agency Contribution shall be paid out of, and constitute a deduction from, the Advertising Obligation.
The Marketing Obligation shall not be credited against the Agency Contribution nor shall Licensee be otherwise entitled to deduct any amount therefrom.
If it is determined that the total payments necessary to complete construction of the P25 System will exceed the Total Agency Contribution specified in appendix A by $500,000.00, Partner Agencies shall negotiate an additional addendum.
Section 1-- Agency Contribution The Agency shall contribute forty ($40.00) dollars per month for each eligible employee, as defined above, into the current tax sheltered 403(b) account.
On the Effective Date, the LLP shall assume and be responsible for only those liabilities or obligations of Denver Post and Denver Publishing that are specifically contemplated by this Agreement and The Denver Newspaper Agency Contribution and Sale Agreement to be assumed by the LLP and for no others.
Partner Agencies may choose to pre-pay their proportional share of the total of all costs specified in Appendix A, “Total Agency Contribution FY26-FY27.” Any agency seeking to pre-pay must sign a written commitment to pre-pay by May 1, 2025, executed by the person, board or entity with authority to legally bind the Partner Agency.
Prior to the Effective Date, nothing in this Agreement, the Limited Liability Company Operating Agreement or The Denver Newspaper Agency Contribution and Sale Agreement shall limit competition between Denver Post and Denver Publishing or their Affiliates or business ventures or activities Denver Post and Denver Publishing or their Affiliates may legally pursue together.
This Agreement (including the Exhibits) and The Denver Newspaper Agency Contribution and Sale Agreement embody the entire understanding and agreement of the parties on the subject matter herein and therein contained and supersedes any and all prior agreements, arrangements, and understandings relative to the subject matter hereof and thereof.