LLC Option. If, in LLC’s reasonable discretion, it determines that the AMC Attributable Revenue per Attendee is insufficient to cover the Minimum Guarantee, then LLC may, by written notice to AMC, no later than the date that is 3 months following the 18-month anniversary of the Effective Date terminate the Agreement and revert to the Reverted Agreement, subject to Section 9.03(c) (the “LLC Optional Termination Right”).
Appears in 2 contracts
Sources: Exhibitor Services Agreement (National CineMedia, Inc.), Exhibitor Services Agreement (National CineMedia, Inc.)