Avail Term Clause Samples
The Avail Term clause defines the specific period during which a particular product, service, or offer is available to the parties under the agreement. Typically, this clause will state the start and end dates of availability, and may outline any conditions or events that could alter the term, such as renewals or early termination rights. By clearly establishing the timeframe for availability, the clause ensures both parties understand their rights and obligations regarding access to the product or service, thereby preventing disputes over timing and ensuring operational clarity.
Avail Term. The initial term during which Licensor shall be required to make programs available for licensing and Licensee shall be required to license programs hereunder shall commence on November 1, 2006 and shall terminate on October 31, 2012 (“Initial Avail Term”). Thereafter, the Avail Term shall automatically be extended for two (2) successive two- year periods (each, a “Extension Period”), unless Licensor, in its sole discretion, gives Licensee written notice of non-extension no later than September 1 of Avail Year 6 or Avail Year 8 (if any), as applicable. The Renewal Terms would extend the Avail Term from November 1, 2012 to October 31, 2014, and from November 1, 2014 to October 31, 2016, respectively (“Extension Periods”). The Initial Avail Term, together with any Extension Periods, shall be the “Avail Term” of this Agreement. Each twelve-month period, commencing on November 1, 2006, during the Avail Term shall be an “Avail Year”. The twelve-month period commencing November 1, 2006 shall be “Avail Year 1”, the twelve-month period commencing November 1, 2007 shall be “Avail Year 2”, the twelve-month period commencing November 1, 2008 shall be “Avail Year 3”, the twelve-month period commencing November 1, 2009 shall be “Avail Year 4”, the twelve-month period commencing November 1, 2010 shall be “Avail Year 5”, the twelve-month period commencing November 1, 2011 shall be “Avail Year 6”, the twelve-month period (if any) commencing November 1, 2012 shall be “Avail Year 7”, the twelve-month period (if any) commencing November 1, 2013 shall be “Avail Year 8”, the twelve-month period (if any) commencing November 1, 2014 shall be “Avail Year 9” and the twelve-month period (if any) commencing November 1, 2015 shall be “Avail Year 10”. It is acknowledged hereby that the License Period for an Included Program may expire after the end of the Avail Term. In addition, the termination or expiration of the Avail Term or any License Period, howsoever occasioned, shall not affect any of the provisions of this Agreement which are expressly or by implication to come into or continue in force after such termination or expiration.
Avail Term. The term during which Licensor shall be required to make programs available for licensing and Licensee shall be required to license programs hereunder shall commence on [September , 2012 and shall terminate on September , 2014] (“Initial Avail Term”). Licensor shall have the option to extend the Avail Term, beyond the Initial Avail Term, for an additional year (“Extension Period”), upon written notice to be delivered no later than ninety (90) days prior to the expiration of the Initial Avail Term. The Initial Avail Term together with the Extension Period, if any, shall be the “Avail Term”. Each 12-month period during the Avail Term beginning on [September , 2012] is an “Avail Year,” with the first such Avail Year being “Avail Year 1,” and the second being “Avail Year 2”, etc. It is acknowledged that the License Period for each Licensed Film may expire after the end of the Avail Term
Avail Term. The “Avail Term” during which Licensor shall be required to make titles available for licensing and Licensee shall be required to license titles hereunder consists of the Initial Avail Term together with the Extension Period, if any. The “Initial Avail Term” commences on [the Agreement Date] and terminates on [ , 2013]. Thereafter, the Initial Avail Term automatically extends for one successive 12-month period (the “Extension Period”) if Licensee has developed a plan towards launching an Ultraviolet enabled UV DHE electronic sell- through service during the Initial Avail Term and has made meaningful progress in implementing such plan during the Initial Avail Term, all as evidenced by reasonable documentation presented to Licensor at least 30 days prior to the expiration of the Initial Avail Term. Each 12-month period during the Avail Term beginning [upon the Agreement Date] is an “Avail Year,” with the first such Avail Year being “Avail Year 1,” and the second, if any, being “Avail Year 2.” It is acknowledged that the License Period for an Included Program may expire after the end of the Avail Term.
Avail Term. The term during which Licensor shall be required to make programs available for licensing and Licensee shall be required to license programs hereunder shall commence on August [ ] , 2013 and shall terminate on August [ ], 2018 ("Avail Term"). Each successive twelve-month period commencing on August [ ], 2013, shall be a "Term Year", such that the twelve-month period commencing August [ ], 2013 shall be "Term Year 1", the twelve- month period commencing August [ ], 2014 shall be "Term Year 2", the twelve-month period commencing August [ ], 2015 shall be "Term Year 3", the twelve-month period commencing August [ ], 2016 shall be "Term Year 4", and the twelve-month period commencing August [ ], 2017, shall be "Term Year 5". The termination or expiration of the Term or any License Period, howsoever occasioned, shall not affect any of the provisions of this Agreement which are expressly or by implication to come into or continue in force after such termination or expiration.
Avail Term. For each Approved System, the “Avail Term” during which Licensor shall be required to make titles available for licensing and Licensee shall be required to license titles hereunder consists of the Initial Avail Term together with all Extension Periods, if any, as set forth in Schedule B. Each 12-month period during an Avail Term shall be an “Avail Year,” with the first such Avail Year for a particular Approved System being “Avail Year 1,” the second being “Avail Year 2” and the third, if any, being “Avail Year 3.” It is acknowledged that the License Period for an Included Program may expire after the end of the Avail Term.
Avail Term. The Avail Term shall be extended, and shall not end until (i) either party gives written notice of termination on 30 days notice, provided that such a termination shall not be effective prior to the end of the RIM Guarantee Period, or
Avail Term. One (1) year plus four one-year extensions exercisable by Licensor at its sole discretion. Each twelve month period during the Avail Term is referred to as an “Avail Year”.