Advertising Funds definition
Examples of Advertising Funds in a sentence
The Advertising Funds will be used for marketing, advertising, production and media expenses to promote the FRULLATI CAFE AND BAKERY name, System, products and services.
GNC or its designated agents shall have the right at all reasonable times to audit, examine and copy, at GNC's expense, the books and records of Rite Aid related to operations of the Business and contributions for the Cooperative Advertising Funds.
You shall pay to us or directly into a national advertising fund designated by us, and/or, at our sole discretion, to a designated Franchisor-approved regional advertising fund (any such funds are referred to below as "Advertising Fund(s)") a total amount of up to four percent (4%) of Franchisee's weekly Gross Sales as defined in SECTION 5.2above, as applicable (the "Advertising Fee").
Each Franchisor has operated and administered the Advertising Funds in compliance with laws, rules and regulations applicable thereto and in accordance with its fiduciary and legal responsibilities, if any, established in any governing documents of the Advertising Funds and in any other agreements or understandings entered into with franchisees, suppliers, vendors or others in connection therewith.
The only covenants or agreements governing the Advertising Funds are contained in the franchise agreements.
All interest and earnings (net of losses and investment expenses) paid on funds on deposit in the Advertising Funds Account shall be for the sole benefit of the Issuer and the Co-Issuer.
The Issuer shall provide on the Closing Date or such Issuance Date (as applicable) prior to the issuance of any Notes on such date evidence of the establishment or continued maintenance (as applicable) of the Lock-Box Account, the Advertising Funds Account, the Lease and Reimbursement Payment Account and the Residual Account.
The Advertising Funds for each Purchased Service Center will be paid by DFG to Southland within ten (10) days of the Commencement Date.
Dealer will be invoiced for more specialized Hitachi promotional/merchandising materials through Cooperative Advertising Funds or other means mutually agreed upon by the parties.
The Lock-Box Bank shall, prior to the Closing Date, establish four segregated accounts in the name of the Issuer which shall be designated, respectfully, as the Lock-Box Account, Advertising Funds Account, the Lease and Reimbursement Payment Account and the Residual Account.