Common use of Licensor Share Clause in Contracts

Licensor Share. Section 5.1.1(c) of the Agreement is hereby replaced and superseded with the following: (c) As used herein, “Licensor’s Share” shall mean (i) for each Current Film that is not a DTV, 60%; (ii) for each Current Film that is a DTV, 55%; and (iii) for each Library Film, 50%; provided however, notwithstanding the foregoing, during the period from February 1, 2012 through April 30, 2012 (“Extension Period”), for each Current Film that has an Availability Date during the Extension Period (x) on its Home Video Street Date, the Licensor Share shall mean 70%, or (y) greater than or equal to one (1) day but no more than fifteen (15) days after its Home Video Street Date, the Licensor Share shall mean 65%.