Common use of Termination by Programmer Clause in Contracts

Termination by Programmer. In addition to other remedies available at law or equity, this Agreement may be terminated as set forth below by Programmer by written notice to Licensor if Programmer is not then in material default or breach hereof, upon the occurrence of any of the following: (a) subject to Section 8.12, this Agreement is declared invalid or illegal in whole or substantial part by an order or decree of an administrative agency or court of competent jurisdiction and such order or decree has become final and no longer subject to further administrative or judicial review; (b) Licensor is in material breach of its obligations hereunder and has failed to cure such breach within thirty (30) days of notice from Programmer; (c) within 180 days after written notice to Licensor given at any time after the first anniversary of the Effective Date; and (d) there has been a material change in the Rules, that would cause this Agreement to be in violation thereof and such change is in effect and not the subject of an appeal or further administrative review and this Agreement cannot be reformed, in a manner acceptable to Programmer and Licensor, to remove and/or eliminate the violation.

Appears in 1 contract

Sources: Local Marketing Agreement (Spanish Broadcasting System Inc)

Termination by Programmer. In addition to other remedies available at law or equity, this Agreement may be terminated as set forth below by Programmer by written notice to Licensor if Programmer is not then in material default or breach hereof, upon the occurrence of any of the following: : (a) subject to Section 8.12, this Agreement is declared invalid or illegal in whole or substantial part by an order or decree of an administrative agency or court of competent jurisdiction and such order or decree has become final and no longer subject to further administrative or judicial review; ; (b) Licensor is in material breach of its obligations hereunder and has failed to cure such breach within thirty (30) days of notice from Programmer; ; (c) within 180 days after written notice to Licensor given at any time after the first anniversary of the Effective Date; and and (d) there has been a material change in the Rules, that would cause this Agreement to be in violation thereof and such change is in effect and not the subject of an appeal or further administrative review and this Agreement cannot be reformed, in a manner acceptable to Programmer and Licensor, to remove and/or eliminate the violation.

Appears in 1 contract

Sources: Local Marketing Agreement