Univision Group Certification. Within sixty (60) days of the end of each fiscal year, the highest-ranking production officer of Univision Group will deliver to Licensee a certificate attesting that, with respect to each item of Co-Produced Content, item of Acquired Other Content, Acquired Completed Novela, Co-Produced Local Novela, Univision Local Novela and any Script exchanges or divestitures, in each case, if any, entered into by Univision Group in the prior year, (i) Univision Group used good faith efforts not to structure any such arrangements or agreements in a manner intended to cause the applicable Audiovisual Content not to be deemed to be Licensed Content hereunder; and (ii) such arrangement or agreement was negotiated and entered into by Univision Group and the applicable third party on an arms-length basis.
Appears in 3 contracts
Sources: 2011 Mexico License Agreement, Mexico License Agreement (Univision Holdings, Inc.), Mexico License Agreement (Grupo Televisa, S.A.B.)