Peg Services Sample Clauses
The PEG SERVICES clause defines the scope and nature of services provided by a Private Equity Group (PEG) under the agreement. Typically, this clause outlines the specific advisory, management, or consulting services the PEG will deliver, such as strategic planning, financial oversight, or operational support, and may detail the standards or timelines for these services. By clearly delineating the PEG’s responsibilities, this clause ensures both parties understand the expectations and deliverables, thereby reducing ambiguity and helping to prevent disputes over service obligations.
Peg Services. 5.1. PEG Set Aside:
5.1.1. In order to ensure universal availability of public, educational and government programming, Franchisee shall provide on the Basic Service Tier up to four (4) dedicated PEG Channels and a fifth (5th) dedicated PEG Channel for the cablecast of court proceedings in the event that Maryland law is changed to permit the broadcasting of such proceedings and if the existing cable operators provide such a PEG Channel.
5.1.2. Franchisee will provide all PEG Channels on the Basic Service tier throughout the life of the Franchise, or if there is no Basic Service tier, shall provide the PEG Channels as part of the lowest-cost package it offers to Subscribers, in accordance with federal law. If Channels are selected only through a menu system, the PEG Channels will be displayed as PEG Channels on the menu.
5.1.3. PEG Channel assignments shall be the same throughout the Cable System. PEG Channel assignments should not be changed unless there is good cause. Any such reassignment must be to a Channel of technical quality at least equivalent to that of other Channels on the Cable System. In the event of such a reassignment, Franchisee shall provide, free of charge, public announcements of such changes that shall include, to the extent Franchisee has advertising availability, advertising such PEG channel changes on advertising inserts on local channels carrying non-satellite programming in prime time prior to such change, and providing notice of such change in at least two monthly Subscriber ▇▇▇▇ inserts prior to such change (if commercially practicable) but in no event less than one monthly Subscriber ▇▇▇▇ insert;
Peg Services