Cost Per Point definition

Cost Per Point shall equal $0.015 per Point; provided, however, that if the aggregate Points Per Month in any quarterly period shall be less than 4,500,000 Points, in addition to the $0.015 Cost Per Point referenced above iTract shall pay FreeRide an additional $0.001 per Point for each Point (i.e., $0.016 aggregate Cost Per Point) awarded by iTract, iTract Affiliates or Clients in such quarterly period. iTract shall have the option to (i) invoice Clients or iTract Affiliates for Points awarded by Clients or iTract Affiliates through iTract at any price per Point determined by iTract, or (ii) provide cash or Point rewards to Clients for usage of iTract or other services. Points awarded by iTract pursuant to the previous sentence shall be treated as generic Points awarded by iTract for purposes of this Agreement. The applicable "Points Per Month" utilized in any such monthly invoice shall be calculated by subtracting from the total number of Points awarded by iTract, iTract Affiliates, and Clients (as contemplated by this Agreement), the total number of Campaign Points credited to iTract by FreeRide pursuant to Article 2(b)(i).
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Cost Per Point means the average cost required to achieve one GRP per 30 seconds; "FORCE MAJEURE" means, in relation to either party, any of the following: act of God, war, economic collapse, nation-wide industrial action or material adverse change to the regulatory environment in the Ukraine directly affecting the performance of its obligations by any party to this Agreement or any other matter or thing outside the control of either party; "GRP" OR "GROSS RATING POINT" means the viewers of a broadcast totalling one percent of adults, being of such age group as defined by the official television audience research undertaken in the Territory as amended from time to time; "INTELLECTUAL PROPERTY" means any patent, copyright, registered design, trade ▇▇▇▇ or other industrial or intellectual property right; -2- <PAGE> "RATE CARD" means the price list for Advertising slots agreed between Studio 1+1 Group and the Agent; "RESTRICTED INFORMATION" means any information which is disclosed to either party (Receiving Party) by the other (Disclosing Party) pursuant to or in connection with this Agreement (whether orally or in writing, and whether or not such information is expressly stated to be confidential or marked as such); "SALES BUDGET" means the forecast sales budget in US dollars for a calendar year to be agreed between Studio 1+1 Group and the Agent; "SERVICES" has the meaning given that term in Clause 3.1 of this Agreement; "STUDIO 1+1 GROUP" has the meaning given in the first paragraph of this Agreement; "TERRITORY" means Ukraine.
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Cost Per Point means the estimated amount of Dollars required to deliver one rating point (or one percent) of the designated demographic audience within a given spot, television or radio market, as established by a Recognized Industry Source.
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Examples of Cost Per Point in a sentence

  • SC hereby specifically covenants and agrees that any Media Plan implemented for and on behalf of the Company hereunder will equal or be less than the Cost Per Point and/or Cost Per Thousand criteria for the same target demographics of any specific market as established by a Recognized Industry Source (as more fully described in Article I) and as selected by Proxhill or in cases where there is no industry standard or Recognized Industry Source, published rates.

  • Each month during the Term, iTract shall pay FreeRide for an amount equal to the aggregate number of Points awarded by iTract, iTract Affiliates, or Clients (as contemplated by this Agreement) in a monthly period (the "Points Per Month") multiplied by the Cost Per Point (as defined herein).

  • ADEX, Source and GRO hereby specifically covenant and agree that any Media Plan implemented for and on behalf of the Company hereunder will equal or be less than the Cost Per Point and/or Cost Per Thousand criteria for the targeted demographics of any given market as established by a Recognized Industry Standard Source or, in the event where there is no industry standard or Recognized Industry Source, published rates.

Related to Cost Per Point

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