Common use of Distribution Arrangement Clause in Contracts

Distribution Arrangement. The Company and Purchaser acknowledge ------------------------ that an important consideration for the Company entering into this Agreement is the fact that the Purchaser, through its affiliated entities Marcus Cable and Charter Communications (the "Cable Companies"), operates cable systems that serve over 2 million cable subscribers and that such Cable Companies will provide an opportunity for the Company to establish a distribution or other relationship with them. Accordingly, after the consummation of the transactions contemplated by this Agreement, the Company shall promptly commence negotiations with the Cable Companies, and Purchaser shall cause the Cable Companies to commence such negotiations, with respect to the establishment of a distribution or other relationship to offer the Company's content to their subscribers. The parties will negotiate in good faith and use reasonable efforts to establish such distribution or other relationship, but neither Purchaser nor the Cable Companies, on the one hand, or the Company, on the other hand, shall have any legal obligation to the other if such a relationship is not established.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Go2net Inc), Stock Purchase Agreement (Vulcan Ventures Inc)

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Distribution Arrangement. The Company and Purchaser acknowledge ------------------------ that an important consideration for the Company entering into this Agreement is the fact that the Purchaser, through its affiliated entities Marcus Cable and Charter Communications (the "Cable Companies"), operates cable systems that serve over 2 million cable subscribers and that such Cable Companies will provide an opportunity for the Company to establish a distribution or other relationship with them. Accordingly, after the consummation of the transactions contemplated by this Agreement, the Company shall promptly commence negotiations with the Cable Companies, and Purchaser shall cause the Cable Companies to commence such negotiations, with respect to the establishment of a distribution or other relationship to offer the Company's content to their subscribers. The parties will negotiate in good faith and use reasonable efforts to establish such distribution or other relationship, but neither Purchaser nor the Cable Companies, on the one hand, or the Company, on the other hand, shall have any legal obligation to the other if such a relationship is not established.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Go2net Inc), Stock Purchase Agreement (Go2net Inc)

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