Common use of BROKER TERMINATION OPTION Clause in Contracts

BROKER TERMINATION OPTION. Broker may elect to terminate this Agreement at any time during the term hereof in the event that Licensee preempts or substitutes other programming for that supplied by the Broker during ten percent (10%) or more of the total hours of operation of the Stations during any calendar month. In the event Broker elects to terminate this Agreement pursuant to this provision, it shall give Licensee notice of such election at least ten (10) days prior to the termination date. Upon termination, neither party shall have any further liability to the other except as may be provided by Sections 15 and 16.4 hereof.

BROKER TERMINATION OPTION. Broker may elect to terminate this Agreement at any time during the term hereof in the event that Licensee preempts Licensees preempt or substitutes substitute other programming for that supplied by the Broker during ten percent (10%) or more of the total hours of operation of the Stations during any calendar month. In the event Broker elects to terminate this Agreement pursuant to this provision, it shall give Licensee Licensees notice of such election at least ten (10) days prior to the termination date. Upon termination, neither no party shall have any further liability to the any other except as may be provided by Sections 15 and 16.4 hereof.

BROKER TERMINATION OPTION. Broker may elect to terminate this Agreement at any time during the term hereof in the event that Licensee preempts or substitutes other programming for that supplied by the Broker during ten percent (10%) or more of the total hours of operation of the Stations during any calendar month. In the event Broker elects to terminate this Agreement pursuant to this provision, it shall give Licensee notice of such election at least ten (10) days prior to the termination date. Upon termination, neither party shall have any further liability to the other except as may be provided by Sections 15 and 16.4 hereof.