First License Period Sample Clauses

First License Period. (i) STE shall have the exclusive right to exhibit each Picture licensed hereunder for 120 Exhibition Days (in the aggregate) on up to 10 channels of the STE Pay Television Services (for purposes of clarification, SOD services shall not count as channels and multiple time zone feeds and Mirror Services shall count as a single channel) for the First License Period. As used herein, the “First License Period” means for theatrical releases prior to January 1, 2009, a 15 month period, and, for theatrical releases on January 1, 2009 or later, a 16 month period, in each case, commencing on its Availability Date. The Availability Date for each Picture that has an Initial Theatrical Release on or after January 1, 2009 other than a Holiday Themed Picture (as defined below) shall be determined by Licensor in its sole discretion and be no later than the earliest to occur of 13 months after such Picture’s Initial Theatrical Release, or 10 months after such Picture’s General Theatrical Release, 3 ½ months after its Initial Pay-Per-View Release or Initial Video-On-Demand Release, and 4 ½ months after such Picture’s Initial Home Video Release. The Availability Date for each Holiday Themed Picture shall be determined by Licensor in its sole discretion and be a date no earlier than a date which would permit STE to exhibit such Picture over two relevant holidays (i.e., two Thanksgivings if a Thanksgiving-themed Picture, and two Christmases if a Christmas-themed Picture); provided, that in no event shall such Availability Date be later than 24 months following the General Theatrical Release. Notwithstanding anything to the contrary in this Amended & Restated Amendment, for purposes of Sections 3(a)(i) and 3(a)(ii), all references to a Picture’s Initial Video-On- Demand Release and Initial Pay-Per-View Release shall expressly exclude any PPV/VOD exhibitions that occur as part of a Home Theater exhibition). A “Holiday Themed Picture” shall mean any Picture with a General Theatrical Release occurring in November or December with specific references to Thanksgiving, Christmas or Hanukkah.