Common use of Booking Agent Clause in Contracts

Booking Agent. The term “Booking Agent” shall mean the Star Partner, except that if (i) CPE, directly or through its Subsidiaries, shall cease to own, operate and/or manage in the United States at least 200 motion picture theatre screens (including, for these purposes, (x) motion picture theatre screens in which the Partnership has an interest and (y) motion picture theatre screens owned, operated and/or managed by any other joint venture or partnership in which CPE, directly or through its Subsidiaries, owns an interest if CPE or any Subsidiary of CPE shall, with respect to such joint venture or partnership, exercise such powers and have such duties as are substantially equivalent to the Star Partner’s powers and duties as Booking Agent hereunder), (ii) the Star Partner shall be deemed Bankrupt or (iii) whether or not authorized in accordance with the terms of this Agreement, the Star Partner shall attempt to withdraw from the Partnership for any reason or give notice of intention to withdraw from the Partnership for any reason then, at the option of the ▇▇▇▇▇ Partner, the ▇▇▇▇▇ Partner shall (in addition to any other rights or remedies it may have hereunder) be entitled to assume the duties and powers of the Booking Agent under this Article 17 and, from and after the fifth business day after the ▇▇▇▇▇ Partner shall have delivered to the Star Partner notice of its election to assume such duties and powers, the ▇▇▇▇▇ Partner shall be the Booking Agent. If the ▇▇▇▇▇ Partner shall become the Booking Agent, the Star Partner shall cooperate with the ▇▇▇▇▇ Partner in facilitating such transition, including by delivering to the ▇▇▇▇▇ Partner, at the expense of the Star Partner, the original records and other documentation which it shall have in its possession relating to the performance by it of its duties or powers as the Booking Agent under this Article 17.