Guarantee: For value received, advertiser, jointly and severally, unconditionally guarantees the full, prompt and complete payment and performance by advertiser of all obligations under the foregoing Agreement, and also agrees to pay all amounts owed under this Agreement 30 days from the start date of any invoice mailed by Genesee Media Corporation. If payment is not made within this period or if the advertiser fails to comply with any other terms of this Agreement or the terms per the Station Credit Application, the Advertiser is in default under this Agreement and is responsible for all amounts due and owing Genesee Media Corporation in addition to all collection costs, including but not limited to collection agency fees, court cost, interest and attorney’s fees. Accounts in default as set forth above shall be charged interest at the rate of 1.5% per month. This Agreement is enforceable by Genesee Media Corporation without having to resort to any remedies or measures other than those required by law. Genesee Media Corporation is not waiving any rights it may have to enforce this Agreement or its obligations.
Payment for radio advertising purchased from Genesee Media Corporation and funded by cooperative or vendor sources is the sole responsibility of the undersigned advertiser. All checks returned for nonpayment are subject to a $25 fee to be paid by the party whose check was returned. Additionally, if paying by check, advertiser authorizes Genesee Media Corporation either to use the information from my check to make a one time electronic transfer from advertiser’s account, or to process the payment as a check transaction. When we use this information from advertiser’s check to make an electronic fund transfer, funds may be withdrawn from advertiser’s account as soon as the same day as payment is made. In the event that advertiser’s check is returned unpaid for insufficient or uncollected funds, we may electronically debit your account for the principal amount of the check. Any changes to this Agreement must be presented in writing to Genesee Media Corporation at least two (2) weeks before the proposed change. The advertiser is responsible for all sums owing as a result of any change. Proposed changes are subject to the approval of Genesee Media Corporation. Agreements are non-cancelable. In the event an advertiser cancels an Agreement, Advertiser will be responsible for the difference between rate card and the negotiated contract spot rate (Short Rate) for any advertising that has previously aired within the dates of said contract.
Agency Guarantee: In consideration for the provision of advertising to the undersigned Advertiser, the undersigned Advertising Agency and or representative thereof, hereby guarantees all amounts owed Genesee Media Corporation for the advertising ordered by the advertiser. The Advertising Agency becomes immediately liable for all amounts of money owed by the Advertiser in the event of default, as set forth above.
Genesee Media Corporation and the parties to this advertising agreement affirm that nothing in this agreement, or any of the actions, benefits and obligations relating to it, discriminate in any way on the basis of race or gender.
Updated April 23, 2024