1. Acceptance of Terms
The submission of an Insertion Order for advertising, directory listings, or sponsorships—whether submitted by an advertising agency or an advertiser directly—constitutes a binding agreement to these Terms & Conditions. All advertising is subject to approval by The Miccoli Group (“Publisher”). Publisher reserves the right to reject or cancel any advertising for any reason, including but not limited to content that is inconsistent with the editorial standards of ClosedBid.com.
2. Payment and Refund Policy
- Payment in Advance (PIA): All advertising, directory listings, and sponsorship investments must be paid in full prior to the publication, launch, or activation of the content. Advertising space and partnership positions are not reserved or guaranteed until payment has been processed and cleared by the Publisher.
- Invoicing: Invoices will be issued upon receipt of the Insertion Order. Payment is due within seven (7) days of invoice receipt, or prior to the agreed-upon publication date, whichever occurs first.
- No Refunds: All sales are final. Once an advertisement, listing, or sponsored article has been approved and published, no refunds will be issued.
- Service Credits: Requests for service credits due to unforeseen campaign adjustments will be reviewed on a case-by-case basis at the sole discretion of the Publisher. If a credit is approved, it must be applied to future services within six (6) months of the approval date.
- Non-Payment: Failure to submit payment by the scheduled publication date authorizes the Publisher to withhold, delay, or cancel the advertisement. Any fees paid remain non-refundable in the event of such a cancellation resulting from the Advertiser’s failure to meet payment terms.
3. Agency Commission
A standard agency commission of fifteen percent (15%) of the gross advertising space charge is payable only to recognized advertising agencies. This commission is strictly applicable to space charges and does not apply to production, creative, or development fees. No commission or discounts will be granted on production or custom creative services provided by The Miccoli Group.
4. Creative and Production Fees
Fees for production, design, and custom creative services are separate from advertising space charges. Any discounts offered by the Publisher on advertising space cannot be applied to production or creative service charges. Advertisers are responsible for ensuring that all submitted creative materials comply with the technical specifications provided by the Publisher.
5. Cancellations
All cancellations must be made in writing and received by the Publisher no later than fourteen (14) days prior to the scheduled publication or launch date. Cancellations received after this period are subject to a cancellation fee equal to 50% of the total order value.
6. Indemnification
The advertiser and/or agency represents and warrants that they hold all necessary rights, licenses, and permissions to the content, images, and trademarks submitted for publication. The advertiser agrees to indemnify and hold The Miccoli Group and ClosedBid.com harmless from any and all claims, liabilities, or expenses (including reasonable legal fees) resulting from the publication of the advertisement, including claims of copyright infringement, defamation, or violation of third-party privacy rights.
7. Liability
The Publisher is not liable for errors in any advertisement, including but not limited to typos or technical issues, provided the error was the result of material submitted by the advertiser. In the event of an error caused by the Publisher, the Publisher’s total liability shall not exceed the cost of the advertising space in which the error occurred.
8. Governing Law
These terms shall be governed by and construed in accordance with the laws of the jurisdiction in Alberta is where The Miccoli Group is headquartered, without regard to its conflict of law provisions.
