Common use of Grant and Term of License Clause in Contracts

Grant and Term of License. (a) SOCIETY grants and LICENSEE accepts for a term commencing , and continuing thereafter for additional terms of one year each unless terminated as hereinafter provided, a license to perform publicly by means of live musicians or "mechanical music" (as hereinafter defined), and not otherwise, at each of the locations specified in Schedule "A", annexed hereto and made a part hereof, as said Schedule may be amended as hereinafter provided ("the premises"), and not elsewhere, non-dramatic renditions of the separate musical compositions now or hereafter during the term hereof in the repertory of SOCIETY, and of which SOCIETY shall have the right to license such performing rights. As used in this agreement, the term "mechanical music" shall mean music performed by: i) the reception of radio broadcasts and further transmission of those broadcasts over a loudspeaker or system of loudspeakers; ii) the use of LICENSEE'S (as distinguished from a background music service's) audio records or audio tapes by means of LICENSEE'S audio-only record or tape player; or iii) non-live audio-visual uses of music (such as the use of a large-screen projection television or video tapes). (b) Either party may, on or before thirty days prior to the end of the initial term or any renewal term, give notice of termination to the other. If such notice is given the agreement shall terminate on the last day of such initial or renewal term. (c) This agreement shall enure to the benefit of and shall be binding upon the parties hereto and their respective successors, assigns and subsidiaries, but no assignment shall relieve the parties hereto of their respective obligations hereunder as to performances rendered, acts done and obligations incurred prior to the effective date of the assignment.

Grant and Term of License. (a) SOCIETY grants and LICENSEE accepts for a one year term commencing , and continuing thereafter for additional terms of one year each unless terminated by either party as hereinafter provided, a license to perform publicly by means of live musicians at any place where LICENSEE conducts training and development sessions, educational or informational seminars, or similar presentations (collectively, "mechanical musicpresentations"), which are open only to "attendees" (as hereinafter defined), and not otherwise, at each of the locations specified in Schedule "A", annexed hereto and made a part hereof, as said Schedule may be amended as hereinafter provided ("the premises"), and not elsewhere, non-dramatic renditions renditions, by mechanical means and not otherwise, of the separate musical compositions now or hereafter during the term hereof in the repertory of SOCIETY, and of which SOCIETY shall have the right to license such performing rights. As The term "attendees" as used in this agreement, the term "mechanical music" shall mean music performed by: i) the reception of radio broadcasts and further transmission of those broadcasts over a loudspeaker Agreement means all individuals who register or system of loudspeakers; ii) the use of pay to attend presentations conducted by LICENSEE'S (as distinguished from a background music service's) audio records or audio tapes by means of LICENSEE'S audio-only record or tape player; or iii) non-live audio-visual uses of music (such as the use of a large-screen projection television or video tapes). (b) This Agreement shall enure to the benefit of and shall be binding upon the parties hereto and their respective successors and assigns but no assignment shall relieve the parties of their respective obligations hereunder as to performances rendered, acts done and obligations incurred prior to the effective date of the assignment. (c) Either party may, on or before thirty days prior to the end of the initial term or any renewal term, give notice of termination to the other. If such notice is given given, the agreement license shall terminate on the last day of such initial or renewal termthe term in which notice is given. (c) This agreement shall enure to the benefit of and shall be binding upon the parties hereto and their respective successors, assigns and subsidiaries, but no assignment shall relieve the parties hereto of their respective obligations hereunder as to performances rendered, acts done and obligations incurred prior to the effective date of the assignment.