Common use of Distribution Term Clause in Contracts

Distribution Term. For each Picture, a minimum of two (2) full television syndication cycles (based on Universal's customary sequential pattern of release), extendible for such period as is necessary for Universal to recoup the Advance (see Paragraph 10. below) with respect to the Picture, but not to exceed twenty-one (21) years from the theatrical release of each Picture.

Appears in 2 contracts

Sources: Distribution Agreement (Ascent Entertainment Group Inc), Distribution Agreement (Ascent Entertainment Group Inc)