Current VOD Program Split/Share MFN for Licensor. Licensee shall promptly notify Licensor in writing of all directly related terms and conditions of any output agreement it enters into with another feature film provider in which Licensee agrees to offer more favorable licensor shares/splits (or equivalent concepts) to such other feature film provider licensing to Licensee feature length motion pictures on a Video-On- Demand basis (other than on a day-and-date basis with Home Video Street Date) than offered to Licensor hereunder with respect to comparable Current VOD Programs (comparable in all of the following respects: in terms of box office, avail date/window, viewing period, high/standard definition and enhanced features). Licensor shall have the right (but not the obligation), exercisable within 30 days after receipt of the foregoing written notice, to match all such directly related terms and conditions, and if Licensor exercises the foregoing right, this Agreement shall be deemed automatically amended to incorporate all such directly related terms and conditions, including, without limitation, such more favorable licensor shares/splits (or equivalent concepts) with respect to comparable Current VOD Program(s) (comparable in all of the following respects: in terms of box office, avail date/window, viewing period, high/standard definition and enhanced features). If such more favorable licensor shares/splits (or equivalent concepts) is with respect to a package/limited number of titles, Licensor shall have the right to designate which comparable Current VOD Program(s) (comparable in all of the following respects: in terms of box office, avail date/window, viewing period, high/standard definition and enhanced features) shall benefit from such more favorable licensor shares/splits (or equivalent concepts).
Appears in 2 contracts
Sources: License Agreement, License Agreement
Current VOD Program Split/Share MFN for Licensor. Licensee shall promptly notify Licensor in writing of all directly related terms and conditions of any output agreement it enters into with another feature film provider in which Licensee agrees to offer more favorable licensor shares/splits (or equivalent concepts) to such other feature film provider licensing to Licensee feature length motion pictures on a Video-On- Demand basis (other than on a day-and-date basis with Home Video Street Date) than offered to Licensor hereunder with respect to comparable Current VOD Programs (comparable in all of the following respects: in terms of box office, avail date/window, viewing period, high/standard definition and enhanced features). Licensor shall have the right (but not the obligation), exercisable within 30 days after receipt of the foregoing written notice, to match all such directly related terms and conditions, and if Licensor exercises the foregoing right, this Agreement shall be deemed automatically amended to incorporate all such directly related terms and conditions, including, without limitation, such more favorable licensor shares/splits (or equivalent concepts) with respect to comparable Current VOD Program(s) (comparable in all of the following respects: in terms of box office, avail date/window, viewing period, high/standard definition and enhanced features). If such more favorable licensor shares/splits (or equivalent concepts) is with respect to a package/limited number of titles, Licensor shall have the right to designate which comparable Current VOD Program(s) (comparable in all of the following respects: in terms of box office, avail date/window, viewing period, high/standard definition and enhanced features) shall benefit from such more favorable licensor shares/splits (or equivalent concepts).and
Appears in 2 contracts
Sources: License Agreement, License Agreement
Current VOD Program Split/Share MFN for Licensor. Licensee shall promptly notify Licensor in writing of all directly related terms and conditions of any output agreement it enters into with another feature film provider in which Licensee agrees to offer more favorable licensor shares/splits (or equivalent concepts) to such other feature film provider licensing to Licensee feature length motion pictures on a Video-On- On-Demand basis (other than on a day-and-date basis with Home Video Street Date) than offered to Licensor hereunder with respect to comparable Current VOD Programs (comparable in all of the following respects: in terms of box office, avail date/window, viewing period, high/standard definition and enhanced features). Licensor shall have the right (but not the obligation), exercisable within 30 days after receipt of the foregoing written notice, to match all such directly related terms and conditions, and if Licensor exercises the foregoing right, this Agreement shall be deemed automatically amended to incorporate all such directly related terms and conditions, including, without limitation, such more favorable licensor shares/splits (or equivalent concepts) with respect to comparable Current VOD Program(s) (comparable in all of the following respects: in terms of box office, avail date/window, viewing period, high/standard definition and enhanced features). If such more favorable licensor shares/splits (or equivalent concepts) is with respect to a package/limited number of titles, Licensor shall have the right to designate which comparable Current VOD Program(s) (comparable in all of the following respects: in terms of box office, avail date/window, viewing period, high/standard definition and enhanced features) shall benefit from such more favorable licensor shares/splits (or equivalent concepts).
Appears in 1 contract
Sources: License Agreement