Terms and conditions of sale

1. ADVERTISING SPACE RENTAL CONTRACT
Offers made concerning advertising spaces are valid as per interim sale
condition, i.e. Clear Channel Finland Ltd shall have the right to enter into
a contract with a third party concerning an advertising space which is the
subject of an offer irrespective of the offer for as long as the party to whom
the offer has been made has not informed Clear Channel Finland Ltd of
having accepted the said offer. A contract shall be deemed to have come
into being when the buyer or the buyer’s agent has accepted, in writing or
some other verifiable manner, an offer made. The contract shall be confirmed
in writing, and both parties shall sign it. The buyer shall return the contract
duly signed within seven (7) days of it having been sent to the buyer;
otherwise, Clear Channel Finland Ltd shall have the right to release the
space reserved by the buyer and place it on sale again. When ordering an
advertising period, the buyer is required to indicate the product to be
advertised and the name of the advertiser. Parallel series may include
simultaneous advertising of the same product group.
2. ADVERTISING PERIODS
All advertisement product sets will be leased in periods of one or several
calendar weeks. Billboards will be posted between Saturday 15 o’clock and
24:00 the following Tuesday. Adshels and Big Lights will be posted between
Sunday and Monday 24:00. Other advertisement products will be posted
between Saturday and Monday 24:00. Individual advertisement sites will be
posted in a manner that is agreed on separately.
3. RIGHT TO DEPART FROM THE CONTRACT
Clear Channel Finland Ltd shall have the right to depart no more than ± 5
% as regards the number of advertising spaces in relation to the number of advertising
spaces as per the contract with the contract remaining unchanged
in other respects. The number of advertising spaces can be greater than
that mentioned in the contract, e.g. because of new contracts, or smaller
than that mentioned in the contract for reasons beyond the control of Clear
Channel Finland Ltd, e.g. due to maintenance work being done on transit
rolling stock (e.g. trams, underground train, buses), traffic arrangements or
other reasons.
4. CANCELLING OF THE CONTRACT
Should the buyer cancel a campaign based on contract, Clear Channel
Finland Ltd shall invoice the buyer for 20 % of the price of the cancelled
contract. Should the buyer cancel a campaign based on contract later than
twelve (12) weeks prior to the commencement date of an advertising
campaign, Clear Channel Finland Ltd shall invoice the buyer for the full price
of the cancelled contract. Cancellation of a contract shall be made in writing.
5. FEES AND INVOICING
Clear Channel Finland Ltd has a right to update the fees of the contract at
the beginning of each new contract period. Clear Channel Finland Ltd shall
notify the buyer of the updated fees prior to the commencement of the new
contract period. The buyer/Agency confirms that it is satisfied that all parties that it
deals with (including advertisers with whom it deals directly) in the outdoor advertising
market are aware of the fee and rebate arrangements which operate in that
market including a media agency insentives. For production billing Clear Channel
may use external partners.
6. TERMS OF PAYMENT
The term of payment shall be fourteen (14) days net unless otherwise agreed
upon between the parties. The interest rate on overdue payment shall be
payable in accordance with the currently valid Interest Act (Korkolaki,
633/1982).
7. PRINTING OF ADVERTISING MATERIAL
The advertising material ready for production must be at Clear Channel
Finland material portal not later than 12 noon on Friday, two (2) weeks prior to the
agreed starting date of the campaign. Billboards material to be delivered on
Friday, three (3) weeks prior to the start of the campaign. If the material is
submitted after the above deadlines, is added to the production costs of 20% of
the express delivery extra. The customer is responsible for delays caused
additional costs. Special Place-ments in respect of the supply of promotional
material will be agreed separately. Technical and other details related to the
material can be received by Clear Channel Finland Ltd. If the customer printed
advertising material itself, the customer is responsible for supplying certain
information freely to our warehouse week (1) before the start of the campaign. If
the advertising material is different from the Clear Channel Finland Ltd’s own standards
and will incur additional costs, the customer is responsible for these additional
costs. The customer providing the campaign material will be charged a
preparation fee.
8. ADVERTISING MATERIAL STORAGE
Clear Channel Finland Ltd stores defined advertising materials six (6) months time
or by the contract. The storage fee is determined on advertising material and storage
time. Stored advertising material have the opportunity to take 2-3 playback
campaign.
9. DELIVERY OF ADVERTISING MATERIAL
The advertising surfaces ready for production must be at Clear Channel
Finland Ltd’s production department no later than seven (7) days before the
agreed commencement date of the advertising. If the advertisements are
delivered to production later than the said point in time, Clear Channel
Finland Ltd cannot guarantee their mounting in time and Clear Channel
Finland Ltd shall not be held liable to provide compensation for advertising
time lost in this way nor to provide any other compensation to the buyer
because of the delay. The buyer shall be held liable for any additional
expenses caused by such a delay.
10. DISTRIBUTION OF ADVERTISEMENTS
If the buyer wishes to use more themes during a particular advertising period
and wishes to have specific themes in specific spaces, then clear instructions
regarding this must be provided to Clear Channel Finland Ltd no later than
two (2) weeks before the commencement date of the campaign as per the
contract. If the said instructions are not provided by the said time, Clear
Channel Finland Ltd shall have the right to evenly distribute the posters or
other material among the advertising media.
11. DAMAGE TO ADVERTISING MATERIAL
Clear Channel Finland Ltd shall not be held liable for damage caused by
factors beyond its control, e.g. vandalism and weather conditions.
12. CONTENT OF ADVERTISING
In its contracts and agreements with its partners in cooperation and the
authorities, Clear Channel Finland Ltd has committed itself to remove such
advertisements from its advertising media that cause public disapproval and
when a removal request is made. Should a buyer’s campaign be interrupted
for these reasons, Clear Channel Finland Ltd shall not be held liable to
compensate the buyer for any resultant expenses, costs or losses incurred
by the buyer.
13. LIMITATION OF RISK
Clear Channel Finland Ltd shall not be held liable for any consequential or
indirect damages with respect to the buyer, e.g. lost revenues or claims
made by a third party. Limitation of risk does not apply to damages caused
deliberately or as a result of gross negligence.
14. TERM AND TERMINATION
If the contract is agreed to be valid for a period of twelve (12) months the
contract shall automatically continue to be in force in twelve (12) month
periods unless either party terminates the contract by giving three (3) months
written notice prior to the end of the prevailing period. In case the buyer
terminates the contract less than three (3) months prior to the end of the
prevailing period, Clear Channel Finland Ltd shall invoice the buyer an
amount equal to the following three (3) month period. The notice of termination
shall be made in writing.
15. FORCE MAJEURE
Clear Channel Finland Ltd shall not be held liable for delays and damages
caused by force majeure circumstances. Force majeure circumstances
include causes beyond the control of Clear Channel Finland Ltd, which it
cannot reasonably be expected to have been take into account when
concluding the contract and which prevent Clear Channel Finland Ltd from
fulfilling its contractual obligations without Clear Channel Finland Ltd being
able to remove such an obstacle through reasonable actions or at reasonable
cost. Force majeure circumstances include wars, revolts, internal restlessness,
labour disputes, catastrophes, fires, import bans or other actions by the
authorities, interruption in general traffic or distribution of energy. Strikes,
lockouts, boycotts and other industrial actions shall also be considered to
constitute force majeure circumstances when the contracting party itself is
the target of or party to such actions. A force majeure circumstance affecting
a subcontractor of Clear Channel Finland Ltd shall also be deemed to
represent grounds for releasing Clear Channel Finland Ltd from its contractual
obligations if the subcontracted input cannot be obtained from elsewhere
without unreasonable costs or significant delay.
16. ASSIGNMENT OF THE CONTRACT
Clear Channel Finland Ltd shall have the right to assign a contract, along
with its rights and obligations, that it has concluded with a buyer to a company
belonging to the same group of companies as Clear Channel Finland Ltd.
17. ILLUMINATION
Clear Channel Ltd shall not be held liable for any power failures in electricity
distribution.
18. RECYCLING OF ADVERTISEMENT MATERIAL
Clear Channel Finland Ltd. recycles its advertisement material for
environmental reasons. Some of the materials can be reused, for example,
in the textile industry, in which case the customer’s advertisement or a part
thereof can be in view later on, for instance in durable shopping bags. If the
customer does not want such environmentally friendly reuse for such
advertisements, the customer must report the issue in connection with the
delivery of the production information.
VAT reg. no. 0870477-4

Call us

On 0207 312 000. Or send an email to sales@clearchannel.fi