Commitment - Canada Sample Clauses

Commitment - Canada. With respect to Canada, Licensor shall license to Licensee the following VOD Included Programs hereunder: (a) all Current Films with a VOD Availability Date during the VOD Avail Term and (b) at least three hundred (300) Library Films during each VOD Avail Year. Licensor shall provide Licensee with periodic availability lists setting forth the VOD Included Programs available for licensing hereunder in Canada, from which Licensee shall select the Library Films. If Licensee fails to select the Library Films required to be licensed for VOD Avail Year 2 at least sixty (60) days prior to the end of VOD Avail Year 1, Licensor will have the right to designate such Library Films for VOD Avail Year 2. If Licensee fails to select the Library Films required to be licensed for VOD Avail Year 3 at least sixty (60) days prior to the end of VOD Avail Year 2, Licensor will have the right to designate such Library Films for VOD Avail Year 3.” The following shall be added as Section 3.2.1 of the VOD General Terms:
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Related to Commitment - Canada

  • Term Commitments Subject to the terms and conditions hereof, each Term Lender severally agrees to make a term loan (a “Term Loan”) to the Borrower on the Closing Date in an amount not to exceed the amount of the Term Commitment of such Lender. The Term Loans may from time to time be Eurodollar Loans or ABR Loans, as determined by the Borrower and notified to the Administrative Agent in accordance with Sections 2.2 and 2.12.

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