TERMS & CONDITIONS
1. Definitions and Interpretation
1.1 In this Agreement, the following expressions have the following meanings:
“Advertisement” means the banner, text, graphic, logo, or any other advertising format that the Advertiser submits
to FIFTY MEDIA LTD for placement on the Media Vehicle in accordance with the terms of this Agreement;
“FIFTY MEDIA LTD” means FIFTY MEDIA LTD (24 Hanover Square, London, W1S 1JD, UK, registration number
(09476244); “Advertiser” means the advertiser or media-buying agency that signs an Advertising Order;
“Advertising Order” means an order in FIFTY MEDIA LTD’s prescribed format for the placement of an Advertisement
signed by the Advertiser and FIFTY MEDIA LTD;
“Advertising Space” means the space available for the placement of advertisements on the Media Vehicle;
“Agreement” means the agreement between the Advertiser and FIFTY MEDIA LTD for the purchase of Advertising
Space on the Media
Vehicle consisting of an Advertising Order and the general terms and conditions contained in this document;
“Charges” means the charges to be paid by the Advertiser to FIFTY MEDIA LTD for placing or procuring the
placement of the Advertisement on the Media Vehicle in accordance with the Advertising Order;
“Force Majeure” means any event beyond the reasonable control of a Party, including but not limited to lightning,
flood, exceptionally severe weather, fire, explosion, war, civil disorder, industrial disputes (whether or not involving
that Party’s employees), an Insolvency Event in relation to a Publisher or acts of local or central Government or other
competent authorities. For the avoidance of doubt, any incidents linked to the failure of any IT equipment, software
or services, including but not limited to Internet availability, that prevents FIFTY MEDIA LTD from carrying out the
momentary, full or partial disclosure of the Advertisement shall be deemed an event of Force Majeure;
“Insolvency Event” means, in relation to an entity, that it becomes insolvent or unable to pay its debts as they fall
due or becomes subject to, or itself takes any steps to invoke, any law, proceedings, procedure or third party action
preliminary or relating to its insolvency, winding- up, liquidation, administration or receivership (or any analogous
proceedings in any jurisdiction) or any enforcement of any security against it, or to a rescheduling, composition or
arrangement in respect of any of its debts;
“Intellectual Property Rights” means all copyrights, patents, utility models, trademarks, service marks, design rights
(whether registered or unregistered), database rights, semiconductor topography rights, proprietary information
rights and all other similar proprietary rights as any exist anywhere in the world;
“Linked Website” means a website which is accessible through any hyperlink (or other method of linking pages on
the World Wide Web) embodied in an Advertisement;
“Media Vehicle” means the medium on which the Advertisement(s) are to be placed, as set out in the Advertising
Order; “Parties” means the Advertiser and FIFTY MEDIA LTD, and “Party” means either of them;
“Payment Date” means the date for payment of the Charges being the date thirty (30) days from the date of FIFTY
MEDIA LTD’s invoice for the Charges;
“Publisher” means the person that is responsible for the operation of the Media Vehicle from time to time; and
“Start Date” means the date on which it is intended that the Advertisement will first be placed on the Media Vehicle
as set out in the Advertising Order or as otherwise agreed between FIFTY MEDIA LTD and the Advertiser.
1.2 In this Agreement, unless the context otherwise requires:
(a) a reference to a clause is a reference to a clause of this Agreement;
(b) a reference to any legislation is a reference to that legislation as amended, replaced or
re-enacted from time to time and any subordinate legislation made under it;
(c) a reference to a person includes an individual, a firm, a body corporate, an
unincorporated association or an authority and that person’s executors, administrators,
successors, substitutes (including but not limited to persons taking by notation) and
(d) references to the single include the plural and vice versa and a reference to one gender includes all genders as
the context admits or requires.
2. Scope of Agreement
This Agreement sets out the rights and obligations of the Parties in relation to the placement of Advertisements on
the Media Vehicle.
3. Submission of Orders
3.1 The Advertising Order shall be the only order form used by FIFTY MEDIA LTD and the Advertiser. No terms or
conditions endorsed upon or delivered by the Advertiser with the Advertising Order will form part of this Agreement.
An Advertising Order signed by the Advertiser shall be deemed to be an offer to purchase Advertising Space.
3.2 The Advertiser may submit a signed Advertising Order to FIFTY MEDIA LTD at any time, however such order shall
not be deemed to be accepted until FIFTY MEDIA LTD has returned a copy of such Advertising Order to the Client
duly countersigned by FIFTY MEDIA LTD. FIFTY MEDIA LTD will endeavour to notify the Advertiser within five (5) days
of its receipt of an Advertising Order whether or not it accepts such order.
3.3 FIFTY MEDIA LTD will have no liability to procure the placement of an Advertisement on the Media Vehicle until it
has countersigned the relevant Advertising Order and returned it to the Advertiser.
4. FIFTY MEDIA LTD’s Rights and Obligations
4.1 Once FIFTY MEDIA LTD has countersigned and returned the Advertising Order to the Advertiser, FIFTY MEDIA LTD
will use all commercially reasonable endeavours to procure the placement of the Advertisement on the date(s) or
during the period and in the manner specified on the Advertising Order.
4.2 FIFTY MEDIA LTD reserves the right to make any technical or other modifications that it may deem necessary to
facilitate the delivery of the Advertisement in accordance with the Advertising Order. FIFTY MEDIA LTD shall not
however make any amendments to the creative content of an Advertisement.
4.3 FIFTY MEDIA LTD is not required to inform the Advertiser of the progress of an Advertisement but will use its
reasonable endeavours to address any queries the Advertiser may have about the Advertising Space from time to
time as soon as reasonably practicable.
4.4 In the event that any Media Vehicle on which the Advertiser has purchased Advertising Space ceases to exist or is
unavailable during the period in which the Advertiser wishes to purchase Advertising Space, the Parties will
endeavour to identify and agree an alternative Media Vehicle with a similar user profile on which the Advertiser can
5. Delivery of the Advertisement
5.1 The Advertiser must make available to FIFTY MEDIA LTD, a minimum of three (3) working days (or 10 working
days in case of rich
media formats) prior to the Start Date:
(a) all the advertising materials necessary to enable FIFTY MEDIA LTD to publish the Advertisement on the Media
Vehicle; and (b) a copy rotation for the Advertisement.
5.2 In the event that the Advertiser fails to provide an Advertisement to FIFTY MEDIA LTD within the timescales set
out in Clause 5.1, FIFTY MEDIA LTD may still, at its discretion use its reasonable endeavours to procure the
placement of the Advertisement on the date(s) or during the period and in the manner specified on the Advertising
Order but shall be entitled to impose an additional charge on the Advertiser for doing so. Where an Advertisement
cannot be placed as planned as a result of such late delivery, FIFTY MEDIA LTD shall remain entitled to invoice the
Advertiser for the Charges in full.
5.3 FIFTY MEDIA LTD shall not be liable for any loss (including loss of profit), costs, damages, charges or expenses
caused directly or indirectly by any delay in the Start Date as specified in the Advertising Order, where such delay is
the result of the Advertiser’s failure to meet its obligations set out in Clause 5.1.
5.4 The Advertiser will ensure that any Advertisement that it delivers to FIFTY MEDIA LTD complies with the
provisions of this Agreement.
6. Advertiser’s Cancellation Option and Responsibilities
The Advertiser may cancel an Advertising Order after that Advertising Order has been accepted by FIFTY MEDIA LTD
6.1 if the Advertiser cancels its order between four (4) and two (2) weeks prior to the Start Date it shall remain liable
to pay fifty percent (50%) of the Charges; and
6.2 if the Advertiser cancels its order within two (2) weeks of the Start Date, the Charges will remain payable in full.
7. Financial Terms
7.1 The Advertiser must pay the Charges in full by the Payment Date. The Charges are exclusive of VAT and any other
applicable sales taxes which shall be payable at the applicable rate on the Payment Date.
7.2 If the Charges (and all applicable taxes) are not paid in full by the Payment Date, FIFTY MEDIA LTD may charge
interest on the overdue sum from the Payment Date at a rate equivalent to one percent (1%) above the then current
base lending rate of such London clearing bank as FIFTY MEDIA LTD shall nominate from time to time. This charge
may be levied until all amounts due are paid in full.
7.3 FIFTY MEDIA LTD may require full or partial payment of the Charges due either prior to the Start Date or during
the lifetime of the campaign where the Advertiser:
(a) places an Advertising Order directly with FIFTY MEDIA LTD without using the services of a media
buying agency; or
(b) is a media buying agency which is or becomes not officially recognised as such by the Institute of Practitioners in
Advertising; or (c) the Advertiser (or any entity on whose behalf it is buying) is or becomes subject to an Insolvency
7.4 No payment shall be deemed to have been received until FIFTY MEDIA LTD has received the Charges in cleared
7.5 The Advertiser shall make all payments due under this Agreement without any deduction, whether by way of set-
off, counterclaim, discount, abatement or otherwise unless the advertiser has a valid court order requiring an
amount equal to such deduction to be paid by FIFTY MEDIA LTD to the Advertiser.
7.6 Subject to clause 7.3, FIFTY MEDIA LTD shall be entitled to invoice the Advertiser at the conclusion of each
campaign for an Advertisement, or where a campaign runs for more than six (6) weeks, FIFTY MEDIA LTD may
invoice the Advertiser every four (4) weeks in arrears.
7.7 The data used by FIFTY MEDIA LTD for the purpose of invoicing the Advertiser shall be based upon FIFTY MEDIA
LTD’s advertising and reporting system from time to time in force. The Charges will be payable in full in the event of
discrepancy between the purchased inventory and the actual number of Advertisements delivered provided the
under-delivery is less than 10% of the purchased inventory for rich format Advertisements and 5% for all other
7.8 For the period from placing an Advertising Order until payment is made to FIFTY MEDIA LTD, the Advertiser shall
hold the Charges on trust for FIFTY MEDIA LTD and in a specially designated account, separate from all other monies
(save for other monies to be paid to FIFTY MEDIA LTD).
8. Intellectual Property Rights
8.1 The Advertiser agrees that it will obtain no Intellectual Property Rights in the layout, compilation, design, copy
and organisation of the
8.2 The Advertiser grants to FIFTY MEDIA LTD and the Publisher a non-exclusive, worldwide, perpetual, royalty free
license to transmit over the internet, use, display, copy, translate, create derivative works in respect of any
Intellectual Property Rights embodied in any Advertisement and in any other information provided by the Advertiser
to FIFTY MEDIA LTD pursuant to this Agreement.
9. Warranties and Indemnities.
9.1 Each of the Parties represents and warrants to the other that:
(a) it has the requisite power and authority to enter into and perform this Agreement; and
(b) this Agreement constitutes binding obligations of the Party in accordance with its terms.
9.2 The Advertiser warrants and represents for the benefit of the Publisher and FIFTY MEDIA LTD that: (a) it is the
owner of the Advertisement or it is has the authority of the owner of the
Advertisement to provide the Advertisement to FIFTY MEDIA LTD and to the Publisher for display on the Media
(b) the reproduction and/or publication of the Advertisement on the Media Vehicle will not
breach any contract or infringe or violate any Intellectual Property Right, any applicable
laws, codes of practice (including the Codes of Advertising and Sales Promotion
published by the Advertising Standards Authority) or any personal or proprietary right of any person including any
rights of privacy anywhere where the Media Vehicle is accessed by a third party;
(c) any information contained within the Advertisement and any Linked Site is accurate and is not misleading;
(d) if any Advertisement or Linked Website contains a name or pictorial representation (photographic or otherwise)
of any living person, the Advertiser has obtained the authority of such living person to make such use of name,
representation and/or copy including use on the Media Vehicle or Linked Website (as the case may be);
(e) the Advertisement and any Linked Website are legal and do not contain objectionable material, including
unlawful, fraudulent, obscene or pornographic material or any material that is likely to incite racial hatred or which is
defamatory of any person under the laws of any country in which the Media Vehicle is accessed by a third party;
(f) the Advertisement and any Linked Website do not contain any viruses, bugs, worms, trojans or any other
computer programming routines that are intended to damage, interfere or intercept any computer system or extract
any data or personal information; and
(g) where an Advertisement contains a hyperlink to a Linked Website, nothing in the coding or other configuration of
that Linked Website will act so as to disable the ‘back’ button on a user’s Internet browser.
9.3 It is the responsibility of the Advertiser to notify the Publisher and FIFTY MEDIA LTD of any errors in any
Advertisement and any complaints or claims made in respect of any Advertisement as soon as the same come to its
9.4 The Advertiser must keep the Publisher and FIFTY MEDIA LTD fully indemnified against all claims, costs,
proceedings, demands, losses, expenses or liability whatsoever arising as a result of any breach of the warranties
and representations set out above or as a result of any other breach or nonperformance by the Advertiser of any
other term set out in this Agreement or imposed by law.
10. Right to withdraw Advertisement
FIFTY MEDIA LTD may withdraw any Advertisement from the Media Vehicle and/or require any
Advertisement to be amended if either FIFTY MEDIA LTD or the Publisher considers, in its sole discretion, that the
Advertisement breaches any of the requirements set out in Clause 9.
11.1 Each Party undertakes to the other that it will not divulge to any third party any information of a confidential
nature disclosed to it by the other Party and may use such information solely for the purpose of this Agreement.
However, that obligation to keep the information confidential does not apply in circumstances where:
(a) such disclosure is required by law or any appropriate regulatory body; or
(b) such information is already in the public domain, other than as a result of a breach of this obligation of
11.2 The Advertiser must keep confidential all statistical or other data provided to it by FIFTY MEDIA LTD in
connection with the placement of any Advertisement on the Media Vehicle, and acknowledges that such information
is and will remain the property of the Publisher, and that it may not be disclosed by the Advertiser to any third party
without the Publisher’s express written consent.
12. Limitation of liability
12.1 Neither FIFTY MEDIA LTD or the Publisher give any guarantees or warranties in respect of any other material
placed on the
12.2 The Media Vehicle is provided on an “as is” and “as available” basis. FIFTY MEDIA LTD expressly excludes all
warranties of any kind in relation to the Media Vehicle, including but not limited to warranties of title, fitness for a
particular purpose, satisfactory quality and non-infringement of proprietary or third party rights.
12.3 FIFTY MEDIA LTD does not warrant or guarantee that:
(a) the Media Vehicle and/or any information will meet the requirements of the Advertiser; or
(b) any errors or inaccuracies will be corrected; or
(c) the material on the Media Vehicle will be accurate and makes no representations as to its integrity or quality.
12.4 FIFTY MEDIA LTD shall not be liable for any failure to perform its obligations under this Agreement as a
consequence of an event of Force Majeure.
12.5 FIFTY MEDIA LTD shall not be liable to the Advertiser in contract, tort (including negligence) or otherwise arising
out of or otherwise in connection with this Agreement or the performance or observance of its obligations under
this Agreement for any loss or damage of a consequential or indirect character or for any loss of goodwill, profit,
business, abortive expenditure, anticipated savings or loss of business opportunity whether foreseeable or not.
12.6 FIFTY MEDIA LTD’s maximum aggregate liability in contract, tort (including negligence) or otherwise arising out
of or in connection with this Agreement shall be limited in each six month period commencing on the date of
signature of the Advertising Order, to the total amount of the Charges paid by the Advertiser to FIFTY MEDIA LTD for
the placement of Advertisements in that six (6) month period.
12.7 Nothing in this Clause 12 serves to limit or exclude either Party’s liability for death or personal injury arising
from its own negligence.
12.8 FIFTY MEDIA LTD shall not be liable to the Advertiser for failure to place an Advertisement due to the
termination of the agreement between FIFTY MEDIA LTD and a Publisher. In such circumstances FIFTY MEDIA LTD
shall refund to the Advertiser pro-rata any Charges still held by FIFTY MEDIA LTD that it the Advertiser has paid in
advance in respect of the placement of such Advertisement(s).
13. Usage Statistics
Notwithstanding any provisions of the Advertising Order, the Advertiser acknowledges that FIFTY MEDIA LTD has not
made any guarantees with respect to usage statistics or levels of impressions for any Advertisement. FIFTY MEDIA
LTD provides the Advertiser with estimated usage statistics only as a courtesy to the Advertiser and will not be held
liable for any claims relating to any usage statistics however supplied. The Advertiser acknowledges that delivery
statistics provided by FIFTY MEDIA LTD are the official, definitive measurements of FIFTY MEDIA LTD performance on
any delivery obligations provided in the Advertising Order.
Without prejudice to any other rights or remedies FIFTY MEDIA LTD may have at law, FIFTY MEDIA LTD may
Agreement (or at its election suspend fulfillment of all or any part(s) of any Advertising Order) immediately by giving
written notice if:
14.1 the Advertiser fails to pay any amount by its due date;
14.2 the Advertiser breaches any obligations contained in this Agreement and in the case of a remediable breach
(which does not include any payment obligation under this Agreement), does not remedy such breach within seven
(7) days of a written notice to do so; or
14.3 the Advertiser (or any entity on whose behalf the Advertiser is buying) is subject to an Insolvency Event.
In the event of the termination of the agreement between FIFTY MEDIA LTD and the Publisher relating to FIFTY
MEDIA LTD’s ability to sell Advertising Space on the Media Vehicle, the Advertiser shall, if so directed by FIFTY MEDIA
LTD, novate this Agreement to the Publisher and the Advertiser shall bear its own costs in respect of that novation.
16.1 This Agreement is governed by, construed and interpreted in accordance with the laws of England and Wales,
and the parties hereby
submit to the non-exclusive jurisdiction of the Courts of England and Wales.
16.2 This document is the entire agreement between the Parties and supersedes all other agreements or
arrangements, whether written or oral, express or implied (except in the case of fraud). No variations of this
agreement are effective unless made in writing signed by both
Parties or their authorised agents.
16.3 FIFTY MEDIA LTD shall be entitled to assign this Agreement to any associated company and to any purchaser of
the whole or of the part of its business that has responsibility for this Agreement.
16.4 Failure or delay by FIFTY MEDIA LTD in enforcing or partially enforcing any provision of this Agreement shall not
be construed as a waiver of any of its rights under this Agreement.
16.5 If any provision of this Agreement is found by any court, tribunal or administrative body of competent
jurisdiction to be wholly or partly illegal, invalid, void, voidable, unenforceable or unreasonable it shall, to the extent
of such illegality, invalidity, voidness, voidability, unenforceability or unreasonableness, be deemed severable and
the remaining provisions of this Agreement and the remainder of such provision shall continue in full force and
16.6 Where the Advertiser is buying on behalf of any other entity, it acts for the purposes of this Agreement as an
agent on behalf of that entity (and not as a principal at law). That entity shall accordingly be considered liable as a
Party to this Agreement for all the debts and liabilities of the Advertiser, notwithstanding that the Advertiser shall
additionally be liable therefor.]
17.1 Each Party shall take out a public liability insurance policy covering the risks relating to the performance of its
obligations under this Agreement with a first rate insurance company.
17.2 Each Party must provide the other Party, upon request, with an insurance certificate certifying that the
abovementioned policy has been taken out.
18. Rights of Third Parties
18.1 The Publisher may enforce this Agreement against the Advertiser subject to and in accordance with its terms
and the provisions of the
Contracts (Rights of Third Parties) Act 1999.
18.2 Except as provided in Clause 18.1, a person who is not a Party to this Agreement has no right under the
Contracts (Rights of Third Parties) Act 1999 to enforce any term of this Agreement but this does not affect any right
or remedy of a third party that exists or is available apart from that Act.
18.3 Notwithstanding Clauses 18.1 and 18.2, the Parties may by agreement rescind or vary the terms of this
Agreement without the consent of the Publisher.