Guaranteed Fixed Payment definition
Examples of Guaranteed Fixed Payment in a sentence
If the parties reasonably believe that a Revenue Share Payment will be less than the Guaranteed Fixed Payment in a particular Quarter, then Overture shall pay to Yahoo a [*] reasonable estimate of the next Guaranteed Fixed Payment due (which reasonable estimate shall not bind either party to such number) and, once the parties determine the correct Guaranteed Fixed Payment for that Quarter according to Section 8.7 below, the party that owes money to the other shall pay the same.
The parties acknowledge and agree that the performance of each Additional Implementation will be tracked separately from the U.S. Implementation, and that the Additional Implementations will not be included in the calculation of Impressions, Coverage, PPC, CTR or of adjustments to the Estimated Yahoo Payment or the Guaranteed Fixed Payment under the Agreement.
Upon receipt of the Termination Notice, Overture shall have the right to increase the Guaranteed Fixed Payment from its current level of approximately [*] to [*] in which case the Agreement shall continue as if no Termination Notice had been delivered.
Overture will make the applicable Guaranteed Fixed Payment to Yahoo within [*] days after the start of the applicable Quarter according to the schedule set forth below, unless the applicable Guaranteed Fixed Payment is reduced according to Section 8.7 below.
Any Guaranteed Fixed Payment or undisputed Revenue Share Payment that is paid more than [*] days late will bear interest at the rate of [*]% per month.
On the Effective Date and during any population test pursuant to the Estimated Yahoo Payment and Guaranteed Fixed Payment Adjustment Process set forth in Exhibit K, the Featured Sections shall be displayed as provided for in Exhibit C.
On the Effective Date and during any population test pursuant to the Estimated Yahoo Payment and Guaranteed Fixed Payment Adjustment Process set forth in Exhibit K, the Yahoo Search Results Page shall be displayed as provided for in Exhibit C.
At the time a Measure Period is triggered, the Parties shall determine a fair reserve from the Guaranteed Fixed Payment as described in Section 8.1 above.
The parties acknowledge and agree that the delivery of [*] Results will be tracked separately from the delivery of all other Overture Results in Yahoo Search, and that the [*] Results will not be included in the calculation of Impressions, Coverage, PPC, CTR or of adjustments to the Estimated Yahoo Payment or the Guaranteed Fixed Payment under the Agreement.
On or before the date that is [*] days after the Effective Date, Overture shall pay to Yahoo, as an advance payment, [*] of the Guaranteed Fixed Payment due for [*] as specified in Section 8.1 above (the "Advance Payment").