Common use of Good Faith Incidental Telecasts Clause in Contracts

Good Faith Incidental Telecasts. The parties acknowledge that Telecasts and related distribution of content cannot be made to conform exactly to geographic boundaries or distribution methods. As a result, a Licensee's good faith use of the L-VIS(TM) System pursuant to the license granted in Section 2.1 may result in the Telecast of Electronic Images in geographic areas not permitted under the definition of Licensed Telecasts. No such good faith, incidental Telecast by a Licensee shall constitute a breach of any obligation of the Licensee or Licensees under this Agreement, and the Licensees shall not be required to make any payment to or otherwise separately compensate PVI or any Third Party on account thereof.

Appears in 3 contracts

Samples: L Vis System License Agreement (Princeton Video Image Inc), Stock and Warrant Purchase Agreement (Princeton Video Image Inc), Stock and Warrant Purchase Agreement (Princeton Video Image Inc)

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Good Faith Incidental Telecasts. The parties acknowledge that Telecasts and related distribution of content cannot be made to conform exactly to geographic boundaries or distribution methods. As a result, a Licensee's good faith use of the L-VIS(TMVIS(R) System pursuant to the license granted in Section 2.1 may result in the Telecast of Electronic Images in geographic areas not permitted under the definition of Licensed Telecasts. No such good faith, incidental Telecast by a Licensee shall constitute a breach of any obligation of the Licensee or Licensees under this Restated License Agreement, and the Licensees shall not be required to make any payment to or otherwise separately compensate PVI or any Third Party on account thereof.

Appears in 1 contract

Samples: L Vis System License Agreement (Princeton Video Image Inc)

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