First Call Right definition

First Call Right has the meaning set forth in Section 5.2 of this Agreement.
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First Call Right has the meaning set forth in Annex I.
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First Call Right has the meaning set forth in Section 4(a).
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Examples of First Call Right in a sentence

  • You agree that, within 15 days of the date of our offer of a First Call Right to a regularly scheduled network program, you will advise us of your acceptance (if requested to do so by the terms of our offer) or rejection.

  • Acceptance by you of our offer of a First Call Right shall constitute your agreement to broadcast subject network program in accordance with the terms of this Agreement and of our offer to you.

  • Upon receipt of such exercise notice, Holdings and the SOFTBANK Entities shall arrange a mutually agreed upon time and place in which to consummate the transactions contemplated by the First Call Right, which in no event shall be more than ten (10) days from the date on which the First Call Exercise Notice is received.

  • With respect to any network program not regularly scheduled, you will advise us of your acceptance or rejection of our offer of a First Call Right within 72 hours (exclusive of Saturdays, Sundays and holidays) after such offer has been received at your station.

  • In the event of the exercise and closing of the transactions contemplated by the First Call Right, Holdings shall pay to each of the SOFTBANK Entities their pro rata share of the foregoing aggregate consideration based upon the total number of SOFTBANK Common Stock sold by such entity.

  • To exercise the First Call Right, Holdings shall deliver written notice of its intent to so exercise (the "First Call Exercise Notice") so that it is received by the SOFTBANK Entities during the First Call Exercise Period.

  • The Company will (and if applicable, will cause any Subsidiaries to) make and maintain a Section 754 election on its Tax Return for any taxable year that includes purchase of Class CO Units and/or Incentive Units by Parent pursuant to the First Call Right, the Second Call Right, or the Put Right if such an election has not previously been made for the Company (and any applicable Subsidiary).

  • Acceptance by Station of our offer of a First Call Right shall constitute Station's commitment to broadcast the subject Network Television Program(s) in accordance with the terms of this Agreement and the terms of our offer to Station.

  • With respect to any Network program not regularly scheduled or not part of Station's clearance obligations as provided in Section I.C.2 below, Station will advise us of its acceptance or rejection of our offer of a First Call Right within seventy-two (72) hours (exclusive of Saturdays, Sundays and holidays) after such offer has been received at Station.

  • You agree that, within 15 days following its receipt of our offer via the Affiliate Communications System ("ACS") (or any replacement system) of a First Call Right to a regularly scheduled Network Television Program, Station will, consistent with its clearance obligations as provided in Section I.C.2 below, advise us of its acceptance (if requested to do so by the terms of our offer) or rejection of the program.

Related to First Call Right

  • Call Right The right of the holder thereof (or any successor), as named in the applicable Supplement, to purchase Certificates from the Holders thereof or to purchase Underlying Securities from the Trust.

  • Put Right has the meaning set forth in Section 8.05(a).

  • Put Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and tender of the specified underlying Securities, to sell such Securities to the writer thereof for the exercise price.

  • Call Rights As defined in Section 9.01(f).

  • Retraction Call Right has the meaning ascribed thereto in the Exchangeable Share Provisions.