Common use of Acquired Systems Clause in Contracts

Acquired Systems. If IPTV Operator merges with, acquires or is acquired by a competing IPTV Operator operating in the Territory (“Competing Platform”) and Zee Group Channels are not carried on the Competing Platform at the time of merger and in the event following the merger the Competing Platform carries the ‘Zee Group Channel pursuant to this Agreement or IPTV Operator distributes the said Channel to the Subscribers of the Competing Platform, IPTV Operator or the successor company shall be obligated to pay to ZEEL the Subscription Fee from the effective date of the merger, on the basis of this Agreement within 30 days from the date of the merger based on the revised subscriber base of IPTV Operator and the Competing Platform or the successor company/affiliates/joint ventures/networks as the case maybe. In case of any dispute the Parties agree to refer the matter to TDSAT. If IPTV Operator merges with, acquires or is acquired by a Competing Platform and the Zee Group Channel(s) are carried on Platform and the Competing Platform, then the Subscription Fee payable by the combined entity / platform would be in accordance with the respective agreements of ZEEL, with the platform and competing platform prior to such merger, till a fresh agreement is entered into with ZEEL for the combined entity. Identical procedures will be followed in circumstances where the IPTV Operator merges with, acquires or is acquired by multiple Competing Platforms simultaneously or a party which owns multiple Competing Platforms.

Acquired Systems. If IPTV HITS Operator merges with, acquires or is acquired by a competing IPTV HITS Operator operating in the Territory (“Competing Platform”) and Zee Group Channels are not carried on the Competing Platform at the time of merger and in the event following the merger the Competing Platform carries the ‘Zee Group Channel pursuant to this Agreement or IPTV HITS Operator distributes the said Channel to the Subscribers of the Competing Platform, IPTV HITS Operator or the successor company shall be obligated to pay to ZEEL the Subscription Fee from the effective date of the merger, on the basis of this Agreement within 30 days from the date of the merger based on the revised subscriber base of IPTV HITS Operator and the Competing Platform or the successor company/affiliates/joint ventures/networks as the case maybe. In case of any dispute the Parties agree to refer the matter to TDSAT. If IPTV HITS Operator merges with, acquires or is acquired by a Competing Platform and the Zee Group Channel(s) are carried on Platform and the Competing Platform, then the Subscription Fee payable by the combined entity / platform would be in accordance with the respective agreements of ZEEL, with the platform and competing platform prior to such merger, till a fresh agreement is entered into with ZEEL for the combined entity. Identical procedures will be followed in circumstances where the IPTV HITS Operator merges with, acquires or is acquired by multiple Competing Platforms simultaneously or a party which owns multiple Competing Platforms.

Acquired Systems. If IPTV DTH Operator merges with, acquires or is acquired by a competing IPTV DTH Operator operating in the Territory (“Competing Platform”) and Zee Group Channels are not carried on the Competing Platform at the time of merger and in the event following the merger the Competing Platform carries the ‘Zee Group Channel pursuant to this Agreement or IPTV DTH Operator distributes the said Channel to the Subscribers of the Competing Platform, IPTV DTH Operator or the successor company shall be obligated to pay to ZEEL the Subscription Fee from the effective date of the merger, on the basis of this Agreement within 30 days from the date of the merger based on the revised subscriber base of IPTV DTH Operator and the Competing Platform or the successor company/affiliates/joint ventures/networks as the case maybe. In case of any dispute the Parties agree to refer the matter to TDSAT. If IPTV DTH Operator merges with, acquires or is acquired by a Competing Platform and the Zee Group Channel(s) are carried on Platform and the Competing Platform, then the Subscription Fee payable by the combined entity / platform would be in accordance with the respective agreements of ZEEL, with the platform and competing platform prior to such merger, till a fresh agreement is entered into with ZEEL for the combined entity. Identical procedures will be followed in circumstances where the IPTV DTH Operator merges with, acquires or is acquired by multiple Competing Platforms simultaneously or a party which owns multiple Competing Platforms.

Acquired Systems. If IPTV DTH Operator merges with, acquires or is acquired by a competing IPTV DTH Operator operating in the Territory (“Competing Platform”) and Zee Group ZMCL Channels are not carried on the Competing Platform at the time of merger and in the event following the merger the Competing Platform carries the ‘Zee Group ZMCL Channel pursuant to this Agreement or IPTV DTH Operator distributes the said Channel to the Subscribers of the Competing Platform, IPTV DTH Operator or the successor company shall be obligated to pay to ZEEL ZMCL the Subscription Fee from the effective date of the merger, on the basis of this Agreement within 30 days from the date of the merger based on the revised subscriber base of IPTV DTH Operator and the Competing Platform or the successor company/affiliates/joint ventures/networks as the case maybe. In case of any dispute the Parties agree to refer the matter to TDSAT. If IPTV DTH Operator merges with, acquires or is acquired by a Competing Platform and the Zee Group ZMCL Channel(s) are carried on Platform and the Competing Platform, then the Subscription Fee payable by the combined entity / platform would be in accordance with the respective agreements of ZEELZMCL, with the platform and competing platform prior to such merger, till a fresh agreement is entered into with ZEEL ZMCL for the combined entity. Identical procedures will be followed in circumstances where the IPTV DTH Operator merges with, acquires or is acquired by multiple Competing Platforms simultaneously or a party which owns multiple Competing Platforms.

Acquired Systems. If IPTV HITS Operator merges with, acquires or is acquired by a competing IPTV HITS Operator operating in the Territory (“Competing Platform”) and Zee Group ZMCL Channels are not carried on the Competing Platform at the time of merger and in the event following the merger the Competing Platform carries the ‘Zee Group ZMCL Channel pursuant to this Agreement or IPTV HITS Operator distributes the said Channel to the Subscribers of the Competing Platform, IPTV HITS Operator or the successor company shall be obligated to pay to ZEEL ZMCL the Subscription Fee from the effective date of the merger, on the basis of this Agreement within 30 days from the date of the merger based on the revised subscriber base of IPTV HITS Operator and the Competing Platform or the successor company/affiliates/joint ventures/networks as the case maybe. In case of any dispute the Parties agree to refer the matter to TDSAT. If IPTV HITS Operator merges with, acquires or is acquired by a Competing Platform and the Zee Group ZMCL Channel(s) are carried on Platform and the Competing Platform, then the Subscription Fee payable by the combined entity / platform would be in accordance with the respective agreements of ZEELZMCL, with the platform and competing platform prior to such merger, till a fresh agreement is entered into with ZEEL ZMCL for the combined entity. Identical procedures will be followed in circumstances where the IPTV HITS Operator merges with, acquires or is acquired by multiple Competing Platforms simultaneously or a party which owns multiple Competing Platforms.

Acquired Systems. If IPTV Operator merges with, acquires or is acquired by a competing IPTV Operator operating in the Territory (“Competing Platform”) and Zee Group ZMCL Channels are not carried on the Competing Platform at the time of merger and in the event following the merger the Competing Platform carries the ‘Zee Group ZMCL Channel pursuant to this Agreement or IPTV Operator distributes the said Channel to the Subscribers of the Competing Platform, IPTV Operator or the successor company shall be obligated to pay to ZEEL ZMCL the Subscription Fee from the effective date of the merger, on the basis of this Agreement within 30 days from the date of the merger based on the revised subscriber base of IPTV Operator and the Competing Platform or the successor company/affiliates/joint ventures/networks as the case maybe. In case of any dispute the Parties agree to refer the matter to TDSAT. If IPTV Operator merges with, acquires or is acquired by a Competing Platform and the Zee Group ZMCL Channel(s) are carried on Platform and the Competing Platform, then the Subscription Fee payable by the combined entity / platform would be in accordance with the respective agreements of ZEELZMCL, with the platform and competing platform prior to such merger, till a fresh agreement is entered into with ZEEL ZMCL for the combined entity. Identical procedures will be followed in circumstances where the IPTV Operator merges with, acquires or is acquired by multiple Competing Platforms simultaneously or a party which owns multiple Competing Platforms.

Acquired Systems. If IPTV Operator MSO merges with, acquires or is acquired by a competing IPTV Operator MSO operating in the Territory (“Competing Platform”) and Zee Group ZMCL Channels are carried/not carried on the Competing Platform at the time of merger and in the event following the merger the Competing Platform carries the ‘Zee Group ZMCL Channel pursuant to this Agreement or IPTV Operator MSO distributes the said Channel to the Subscribers of the Competing Platform, IPTV Operator MSO or the successor company shall be obligated to pay to ZEEL ZMCL the Subscription Fee from the effective date of the merger, on the basis of this Agreement within 30 days from the date of the merger based on the revised subscriber base of IPTV Operator MSO and the Competing Platform or the successor company/affiliates/joint ventures/networks as the case maybe. In case of any dispute the Parties agree to refer the matter to TDSAT. If IPTV Operator MSO merges with, acquires or is acquired by a Competing Platform and the Zee Group ZMCL Channel(s) are carried on Platform and the Competing Platform, then the Subscription Fee payable by the combined entity / platform would be in accordance with the respective agreements of ZEELZMCL, with the platform and competing platform prior to such merger, till a fresh agreement is entered into with ZEEL ZMCL for the combined entity. Identical procedures will be followed in circumstances where the IPTV Operator MSO merges with, acquires or is acquired by multiple Competing Platforms simultaneously or a party which owns multiple Competing Platforms.