TMR definition
Examples of TMR in a sentence
Licensee's obligation to make the above TMR Payments on the basis set forth herein shall survive any termination of this Agreement by WB, any sale or transfer of any Station assets and/or any ownership interest in the Station and shall remain binding on any successor Station owner, which successor remains an affiliate and is approved by WB in its discretion as otherwise set forth in the Agreement.
The TMR Amount for each Contract Year shall be payable by Licensee to WB within 15 days following WB's delivery to Licensee of an invoice for the TMR Amount, which invoice shall be delivered by WB not earlier than the release by NSI or any successor ratings index of the ratings for the fourth and final sweeps period of such Contract Year.
Promptly after such audit and review, WB and Station shall meet to discuss such financial results and operational information of Station and in good faith adjust the then currently due TMR Payment to reflect the result of the audit and the intent of these Payments as set forth in the introductory paragraph to this Exhibit.
Based on the Station's Average Rating for each Contract Year and the number of hours programmed by WB in that Year, Station shall owe WB the amount (the "TMR Amount") set forth in the table attached hereto as the Annual Ratings Payment Exhibit Table.
At all times while this Agreement shall be in effect, TMR shall cause its Bylaws to conform to the provisions of this Agreement, including by causing its Bylaws to be amended.