Common use of Licensor Termination Rights Clause in Contracts

Licensor Termination Rights. In the event that after the effective date of this Agreement, SNI airs more than two (2) live mixed martial arts events from another supplier (a “Third Party MMA Event”) in a given calendar year period during the Term, Licensor shall have the right, on written notice to SNI, to indicate that were SNI to telecast one (1) additional live mixed martial arts event from another supplier in such calendar year, then this Agreement will terminate effective thirty (30) days following the date of such third third-party supplied mixed martial arts event. In calendar year 2008 or 2009, the minimum number of Showtime Events to be staged hereunder would be increased on a one-for-one basis for each Third Party MMA Event staged by SNI.