Common use of Library Films Clause in Contracts

Library Films. For the avoidance of doubt, Licensee shall have the right, but not the obligation, to license more than seventy-five (75) Library Films hereunder, if made available by Licensor. Licensor shall provide Licensee with periodic availability lists setting forth the Current Films and Library Films available for licensing hereunder. Pursuant to Licensor’s agreement with TVN Entertainment Corporation (“TVN”), Licensor currently provides to TVN lists of Library Films available for licensing under that agreement on an annual basis. During the period for which Licensor authorizes Licensee to obtain materials from TVN (pursuant to Section 7.1 of Schedule A), Licensor intends to provide to Licensee the same annual lists of Library Films it provides to TVN.

Appears in 2 contracts

Sources: Vod Fvod License Agreement, Vod License Agreement