STREAM S Clause Samples
STREAM S p.A, a company incorporated in Italy whose principal place of business is at Via ▇▇▇▇▇▇▇ 1021 (“Stream”).
(A) On July 31, 1997 Stream and CNI entered into the Original Agreement
(B) The Initial Distribution Date (as defined in the Original Agreement) was 1st May 1998
(C) Since the execution of the Original Agreement, disputes have arisen between CNI and Stream as to amounts due under the original Agreement and the quality of the Channel
(D) The News Corporation Limited (“NewsCorp”), , News Publishing Australia Limited, Telecom Italia S.p.A., Vivendi Universal, Groupe Canal+ and Canal+ Europe B.V. have concluded the terms to effect the Merger (as defined below).
(E) The pay-television services offered respectively by STREAM and Telepiu (as defined below) will continue to be made available to the respective subscriber bases of Telepiu and Stream and will continue to be available for subscription by the public as from the Closing Date (as defined below) until such time as a single pay-television service combining the pay-television services of those Persons is combined into a single pay-television service and offered as a single service.
