RIMC definition

RIMC means the Reform Implementation and Monitoring Committee, as further described in paragraph 1 of Schedule 5 to this Loan Agreement;
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Examples of RIMC in a sentence

  • EditWorks shall pay to RIMC rent for use of the office facility provided by RIMC for the EditWorks Inventory of $200 per month.

  • Royalties shall not be payable on any income received by RIMC from editing services fees, whether this income is paid from EditWorks to RIMC or directly to RIMC by third party clients.

  • If RIMC determines, in its sole judgment, that Test Marketing is unsuccessful, RIMC shall notify Licensor accordingly.

  • To maintain exclusivity RIMC shall purchase an additional 190,000 individual cans of the Product within the first twelve months of first airing of the Infomercial.

  • If RIMC determines, in its sole judgment, that Test Marketing is successful, RIMC shall issue a purchase orders up to sixty thousand, (60,000) individual cans of the Product, in any combination RIMC deems appropriate during the Test Marketing and commence wide-scale airings (“Rollout”) of the infomercial.

  • RIMC shall pay to EditWorks a monthly royalty equal to one quarter of one percent (.25%) on their gross sales (as defined by GAAP accounting) less shipping, han- dling, returns and taxes on all Infomercials for which EditW- orks provides services pursuant to this Agreement.

  • The term of this Agreement is for one year and Licensor shall work in good faith with its supplier and RIMC to renew the Term yearly.

  • If such notice or demand be served by registered or certified mail in the manner herein provided, service shall be conclusively deemed made two business days after the deposit thereof in the United States mail addressed to the party to whom such notice or demand is to be given as hereinafter set forth: RIMC: Reliant Interactive Media Corp.

  • RIMC shall also have the right to produce a television advertisement of approximately Thirty-minute in length (“Infomercial”) and any shorter version, as RIMC deems necessary by any means or media.

  • Notwithstanding the foregoing, each of Seller, RII, and RIMC is a party to an Income Tax sharing agreement with Parent.