PR Expenses definition

PR Expenses means the actual fee required to be paid by Syratech to VEW pursuant to Paragraph 9(d) during the Term to be used by VEW in its discretion in connection with its public relations activities, including, without limitation, the costs of press kits, special promotional events, etc.
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Examples of PR Expenses in a sentence

  • If a Purchaser shall default in its obligation to timely pay its pro rata portion of the PR Expenses to the Purchasers’ Representative (the “Defaulting Purchaser”), such defaulted obligation shall be shared pro rata by all non-defaulting Purchasers, based on the number of Shares allocated to each non-defaulting Purchaser.

  • VEW shall not use more than Five Thousand Dollars ($5,000) of the PR Expenses to pay for any single item without Syratech’s prior written approval.

  • Without limitation of the foregoing, Syratech may credit the PR Expenses actually paid to VEW during each Contract Year against the Advertising Commitment to be expended by Syratech during the same Contract Year.

  • To the extent such documentation indicates that such expenditures are less than the PR Expenses actually paid to VEW during such Contract Year, Syratech shall have the right to credit the difference against the portion of the Advertising Commitment to be expended by Syratech during the immediately succeeding Contract Year pursuant to Paragraphs 9(f) and 9(g).