Terms of Agreement
The Advertiser hereby agrees Greenspun Media Group, LLC. ("Publisher"), is authorized on behalf of the Advertiser to compose and distribute Greenspun Media Group publications as carrier for advertising in accordance with the description and consideration set forth above. Advertiser and Publisher agree to perform all of their respective obligations under this Advertising Agreement including but not limited to the terms and conditions set forth on Publisher's rate card. The contract is not legally binding until the Publisher/Sales Manager has signed it.
CANCELLATION POLICY: Any advertising contract may be canceled via written notice up to 30 days before the space reservation closing date of issues. Any discounts given, but not fulfilled, will be billed back to advertiser.
PAYMENT POLICY/FINANCE CHARGE: All payments are due within 30 days past due date. Advertiser and any Agent or Agency acting as authorized representative of advertisements will be held liable individually and severally. If account is not brought up to date by next issue run, advertising is subject to cancellation, and payment for that issue and previous will still be due. If credit card option is selected, the authorized person on the credit card must sign, and the billing address section must match that of the credit card.
ART CHARGES: All graphic design and art charges will be billed at $200.00 per hour unless other arrangements have been made and noted on this contract. Contract/Insertion Order does not include art charges. They will be billed separately. Greenspun Media Group publications do not assume responsibility of print quality if client chooses to waive match print or does not provide one.
Payment and Other Terms and Conditions
- This Agreement is subject to Publisher's approval of Advertiser's credit and to the credit limits imposed by Publisher, both in Publisher's sole discretion.
- Payments are due within 30 days of invoice date.
- Any account outstanding more than 30 days from the invoice date is subject to a 1.5% per month service charge, not to exceed 18% per annum.
- Provided that this Agreement is fully performed, all rates under this Agreement shall be calculated to the lowest earned rate in effect from time to time.
- Rates are subject to change upon 30-day notice from Publisher.
- Purchaser shall not be subject to any terms or conditions, printed or otherwise, appearing on the advertiser/agency insertion orders until such terms have been approved in writing by Publisher.
- Invoices submitted to Advertiser by Publisher shall be final, binding and establish the account status unless Advertiser makes a valid written objection within 15 days of invoice date.
- Publisher’s acceptance of payments by Advertiser for billed accounts shall not be construed as a waiver of Publisher's right to collect additional sums due, including sums due as a result of "short-rating" the Advertiser upon Advertiser's non performance of this Agreement.
- If errors occur in advertisements produced by Publisher, Advertiser must notify Publisher in writing within 15 days following initial publication and, absent such notice, Publisher assumes no liability therefore. Publisher's sole liability for any error shall be limited to actual cost incurred to print the space occupied by erroneous advertisement, which such amount shall be extended as a credit. Advertiser shall be allowed to use credit for such actual cost to offset cost incurred for advertisements run in next issue. The parties agree it would be impracticable and extremely difficult to determine actual damages for erroneous advertisements, and the foregoing is an agreement for liquidated damages. The parties agree that this calculation of liquidated damages is reasonable and not unduly burdensome or unconscionable. No credit is allowed on, and Publisher assumes no liability for, any errors contained in Advertiser's proof or errors of Publisher that do not materially affect the value of the advertisement.
- Publisher, and/or any of its affiliates, in its/their sole and absolute discretion, shall be entitled to offset any amounts due and payable to Advertiser and/or any of its affiliates, against amounts due and payable to Publisher under the terms of this Agreement.
- Publisher reserves the right to hold Advertiser and its Agent jointly, severally and personally liable for such moneys as are due and payable to the Publisher under this Agreement.
- Payments under this Agreement shall be made in accordance with the payment details contained on the invoice(s) sent by Publisher.
- All correspondence related to the terms of this Agreement shall be sent to:
Greenspun Media Group
2275 Corporate Circle Suite 300
Henderson NV 89074
Fax: 702.990.2424 or 702.990.2560
- Publisher reserves the right to reject any advertising content and material not in keeping with the standards imposed by the Publisher from time to time, in its sole discretion.
- Advertiser and Agency each expressly represent and warrant that each is authorized to publish the entire contents and subject matter of all requested advertisements (including, without limitation, all text and graphics), and that all such materials are truthful and in compliance with applicable laws and regulations, and each hereby acknowledge that Publisher is relying upon such representations and warranties.
- No positioning requests will be granted without the prior written approval of Publisher. In the event that Advertiser submits a space order specifying pages or requesting insertion of advertising in certain positions with the proviso "or omit," Publisher reserves the right to unilaterally reconfigure the content of such space order to a format acceptable to Publisher, in its sole and absolute discretion.
- Advertiser and Agency recognize that the copyright in any advertisements created by the Publisher is owned by the Publisher. As to all other advertisements Advertiser and Agency agree that Publisher has the nonexclusive right, for the term of copyright, by itself or through third parties to republish and reuse any advertisements submitted hereunder in any form in which the advertisements may be published or used (in any media now in existence or hereafter developed) in whole or in any part, whether or not combined with material of others.
- This Agreement is the entire agreement of the parties hereto and supersedes all prior and contemporaneous oral and written negotiations.
- Any modifications to this Agreement must be made in writing and signed by Publisher and Advertiser.
- All advertising copy or corrections must be sent to Publisher according to deadline schedules. It is the responsibility of Advertiser to provide new ad copy to Publisher by deadline. In case of untimely submission, Publisher has the right to insert a previous advertisement. Publisher may prepare and insert an advertisement without copy or layout approval by Advertiser, if a previous advertisement does not exist.
- Without limiting any other right or remedy available, Publisher reserves the right to cancel this Agreement at any time upon default by Advertiser or Agent in the timely payment of invoices, or for any violation by Advertiser or Agent of this Agreement.
- Advertiser and Agency jointly and severally agree to indemnify and hold harmless Publisher, Greenspun Media Group, LLC and their affiliates, and the members, partners, shareholders, officers, agents and employees of each, from and against any and all loss, liability and expense (including reasonable attorneys' fees and costs) suffered or incurred by reason of the Advertiser's breach of this Agreement or any claims, proceedings or suits based on or arising out of the content or subject matter of advertisements, including without limitation, claims for defamation, violation of rights or publicity or privacy, and copyright and trademark infringement.
- If at any time, Advertiser through its legal or fictitious name ("D.B.A.") enters into a sale escrow, bulk sale or bulk transfer escrow, it is required as a condition hereof to immediately notify the Publisher by certified mail of such escrow. Failure to notify Publisher shall not allow termination of said debt through the escrow.
- This Agreement is governed by the laws of the State of Nevada and any legal action related to the terms of this Agreement shall adjudicated in the exclusive jurisdiction of the state or federal courts located in Clark County, Nevada.
- If any one or more of the other terms of this Agreement is held invalid or unenforceable, such decision shall not terminate this Agreement, which, except for the terms held invalid or unenforceable, shall remain in full force and effect and be construed in accordance with the original intent of the parties.
- This Agreement may be executed in counterparts, each of which shall be deemed an original, and all of which shall constitute one Agreement, including executed signature pages delivered by facsimile.
- Advertiser shall not be entitled to assign its rights and obligations under the terms of this Agreement without prior written consent of Publisher. All covenants and agreements herein shall be deemed material, and shall bind Advertiser 's and Publisher's successors and permitted assigns and all such covenants shall inure to the benefit of the parties and their nominees, successors and permitted assigns.
- Advertiser and Agency specifically represent and warrant that they are each sophisticated and knowledgeable in the areas governed by the terms of this Agreement and that they have been given the opportunity to review the terms of this Agreement with legal counsel, as desired.
- In the event that the Agreement is not fully performed for any reason (other than the sole default of Publisher) the rate for the advertisements that were run shall be recalculated to the "short rate" in effect at the time of non performance, and Advertiser shall pay the difference between the contract rate and the "short rate."
- Any advertising contract on behalf of a political candidate or PAC will not be signed by the Publisher/Sales Manager until payment is received. All payments are non-refundable and non-transferable. Payments are to be made by wire, ACH or check. A one week turnaround is required for approval of ad materials. Creative must meet acceptable standards. Publisher reserves the right to cancel order based on inappropriate creative content.
- Honoree Award Upgrade Packages (only) to include honoree’s authorization/right to use two (2) photos from Greenspun Media Group’s honoree’s award feature photoshoot. This offer will allow commercial license to Honoree to use the two (2) photos as follows: Any media usage (excluding billboards) for worldwide distribution including film rights usage for a period of ten (10) years starting from date images are delivered to client/honoree.
EVENTS: The following additional terms and conditions shall apply to Event(s) purchases and sponsorships by Advertiser.
- Responsibilities. Advertiser acknowledges that, unless separately agreed with GMG, Advertiser will be responsible for securing all permits, licenses, and insurance(s) necessary to hold the Event(s); providing proper staffing for all Event activities, including but not limited to securing vendors, concessionaires, and security, and ensuring that all vendors are property licensed and insured.
- Laws, Regulations and Ordinances. Each party hereto shall comply with all applicable laws, ordinances and regulations in performing their respective responsibilities under this Agreement. This includes but is not limited to any regulations applying to health and safety, including COVID-19.
- Indemnification. Each party agrees to defend, indemnity and hold the other party harmless from and against all claims, damages, injuries, illness, liabilities and expenses (including reasonable attorney’s fees) arising out of its own obligations under or breach of this Agreement or the negligent or willful acts or omissions of said party, its employees, agents and contractors/subcontractors the indemnifying party hires in performing its responsibilities under this Agreement. The indemnification obligations herein shall survive termination or expiration of this Agreement.
- Insurance. Each party agrees to carry and maintain in full force and effect during the term of this Agreement: (a) general commercial liability insurance, including liquor liability coverage if serving alcoholic beverages no less than $1,000,000 per occurrence and $2,000,000 in the aggregate (such coverage will also be required by the caterer hired by Advertiser, if applicable); (b) automobile insurance for $1,000,000 single limit for all owned, non-owned and hired vehicles (c) workers compensation insurance as required by law and (d) all other insurances that may be required by the Event venue(s), vendors, and their respective property owners. Advertiser agrees to provide GMG with a certificate of insurance evidencing the coverages required herein and naming Greenspun Media Group LLC, it’s parent and subsidiary companies as additional insured with respect to the foregoing insurance policies prior to the event.