Common use of Library Content Clause in Contracts

Library Content. Licensor hereby grants to SNI the non-exclusive right for the Term to exhibit the “Library Content” (as defined below) in whole or in part (in both standard and high definition) throughout the Territory in any and all media now known or hereafter invented for use via any and all distribution technologies whether now known or hereafter existing (including, without limitation, distribution to hotels and motels, terrestrial broadcast systems, cable systems, SMATV systems, MMDS systems, and direct-to-home (including, without limitation, HTVRO and DBS), radio, mobile devices and downloading via the internet), for the sole purpose of promoting the Events, SNI, SNI’s programming and mixed martial arts (other than mixed martial arts competitors to Licensor) on SNI’s networks and solely to the extent and for so long as Licensor has the right to use such Library Content (provided that Licensor shall provide SNI written notice of any restrictions of which SNI needs to be aware and further written notice in the event that any rights previously granted have expired or are no longer available for SNI’s uses as and to the extent contemplated herein),. For purposes hereof, the term “Library Content” shall mean the content listed on Exhibit B attached hereto and any additional content hereafter created by or for Licensor during the Exclusive License Period pertaining to the Events and/or the Elite XC. If Licensor is commercially exploiting (or has authorized the commercial exploitation of) Library Content, SNI shall use good faith efforts to refrain from making the same Library Content available to the public as free promotional material. SNI may not show complete bouts as promos and can only use a reasonable amount of Library Content in each promotion so as to avoid diluting the value of the Library Content.