The purchase of NBC TV advertising agreement is a business document drafted between NBC TV channel and another organization whenever the other organization buys a TV spot on the channel for the purpose of advertising.
The agreement also acts as representation and warranties that the contract is legally valid. The advertising spot is of a minimum duration of 30 seconds and sometimes more and will be telecasted on the channel. The spot purchased on the channel will be as the terms and conditions of the channel and these terms and conditions are mentioned in the agreement.
The details usually mentioned in the agreement are as follows:
- The dates, days and times of the day when the advertisements will be telecasted. These details are usually determined by NBC as per their schedule and strategies.
- The value of the advertisement spot that the advertiser needs to pay to the channel.
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