Common use of License Fee and Payment Terms Clause in Contracts

License Fee and Payment Terms. Licensee shall pay Licensor a License Fee of thirty thousand Canadian dollars (CDN$30,000) per episode of Season 1 of such Program (i.e., CDN$300,000). Licensee shall pay the License Fee for each season of such Program in four (4) equal quarterly installments, with the first such payment due no later than the commencement of the License Period for the first episode of such season. Run of Series. Licensee shall license on the same terms and conditions herein any and all additional seasons of such Program that are produced and made available by Licensor, provided that (a) the Availability Dates for each season shall be subject to mutual agreement (but shall not be before the initial U.S. broadcast of the applicable episode), provided that if the parties have not agreed upon an Availability Date within ninety (90) days after Licensor notifies Licensee of a proposed Availability Date, the Availability Date shall be ninety (90) days after the initial U.S. broadcast of the applicable episode, and (b) the License Fee per episode applicable to each season shall be subject to a four percent (4%) increase from the respective amount for the immediately previous season (e.g., the License Fee per episode would be CDN$31,200 for Season 2, CDN$32,448 for Season 3 and so forth). For the avoidance of doubt, nothing herein shall be construed to obligate Licensor to produce any additional episodes or seasons of the Program. US NETWORK OVERFLOW. To the extent Licensor licenses a Program during its License Period to a Free Broadcast Television service, Basic Television Service or Subscription Pay Television Service originating in the United States but commercially available in the Territory, (a) Licensor shall not be deemed to have breached this Agreement, and (b) with respect to each First Run Feature, First-Run MOW, Drop Dead Diva, Justified, The Hatfields and the McCoys, and Xxxxxx and Xxxxx and The Client List only, Licensee shall have the right, on a Program-by-Program basis, to terminate its obligation to license such Program hereunder upon written notice to Licensor, in which such case a pro-rata portion of the License Fee for such Program, based on how much time remains in such License Period, shall be offset (against as-yet unpaid License Fees for any other Programs) or, to the extent such pro-rata portion of the License Fee for such Program exceeds unpaid License Fees for all other Programs, shall be refunded to Licensee.

Appears in 2 contracts

Samples: Free/Basic Television and Svod License Agreement, Television and Svod License Agreement

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License Fee and Payment Terms. Licensee shall pay Licensor a License Fee of thirty (a) one thousand Canadian dollars (CDN$30,000CDN$1000) per episode of Season 1 Seasons 1-3 multiplied by the Maximum Permitted Number of such Program Exhibitions (i.e.the “Basic TV Fee”), CDN$300,000plus (b) ten thousand Canadian dollars (CDN$10,000) per episode of Seasons 1-3 (the “SVOD Fee”). For each SVOD Extension for each season of the Program, Licensee shall pay Licensor an “SVOD Extension Fee” of five thousand Canadian dollars (CDN$5000) per episode of all seasons subject to extension. Licensee shall pay the License Fee for each season of such Program Basic TV Fees, SVOD Fees and SVOD Extension Fees in four (4) equal quarterly installments, with the first such payment due a manner to be mutually agreed but in no event later than the commencement thirty (30) days after receipt of the License Period for the first episode of such seasonan invoice from Licensor. Run of Series. Licensee shall license on the same terms and conditions herein any and all additional seasons of such Program that are produced and made available by Licensor, provided that (a) the Availability Dates for each season shall be subject to mutual agreement (but not shall not be before the initial U.S. broadcast of the applicable episode), provided that if the parties have not agreed upon an Availability Date within ninety (90) days after Licensor notifies Licensee of a proposed Availability Date, the Availability Date shall be ninety (90) days after the initial U.S. broadcast of the applicable episode, and (b) the License Basic TV Fee per exhibition, SVOD Fee per episode and SVOD Extension Fee per episode applicable to each season after Season 3 shall be subject to a four three percent (43%) increase from the respective amount for the immediately previous season (e.g., the License Basic TV Fee per exhibition would be CDN$1030 for Season 4, CDN$1060.90 for Season 5 and so forth; the SVOD Fee per episode would be CDN$31,200 CDN$10,300 for Season 24; and, CDN$32,448 in order to coordinate the SVOD Standalone Licensed Service License Period expiration date for Season 3 and so forthSeasons 1-4, the SVOD Extension Fee per episode would be CDN$5150 per episode for Seasons 1-3). For the avoidance of doubt, nothing herein shall be construed to obligate Licensor to produce any additional episodes or seasons of the Program. US NETWORK OVERFLOW. To the extent Licensor licenses a Program during its License Period to a Free Broadcast Television service, Basic Television Service or Subscription Pay Television Service originating in the United States but commercially available in the Territory, (a) Licensor shall not be deemed to have breached this Agreement, and (b) with respect to each First Run Feature, First-Run MOW, Drop Dead Diva, Justified, The Hatfields and the McCoys, and Xxxxxx and Xxxxx and The Client List only, Licensee shall have the right, on a Program-by-Program basis, to terminate its obligation to license such Program hereunder upon written notice to Licensor, in which such case a pro-rata portion of the License Fee for such Program, based on how much time remains in such License Period, shall be offset (against as-yet unpaid License Fees for any other Programs) or, to the extent such pro-rata portion of the License Fee for such Program exceeds unpaid License Fees for all other Programs, shall be refunded to Licensee.

Appears in 2 contracts

Samples: Free/Basic Television and Svod License Agreement, Television and Svod License Agreement

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License Fee and Payment Terms. Licensee shall pay Licensor a License Fee of thirty (a) sixty thousand Canadian dollars (CDN$30,000CDN$60,000) per episode of for Season 1 4 of such Program (i.e., CDN$300,000CDN$780,000) (the “Basic TV Fee”), plus (b) fifteen thousand Canadian dollars (CDN$15,000) per episode of Season 4 (the “SVOD Fee”), plus (c) twelve thousand Canadian dollars (CDN$12,000) per episode of Seasons 1-3 (the “Season 1-3 SVOD Fee”). For each SVOD Extension for each season of the Program, Licensee shall pay Licensor an “SVOD Extension Fee” of three thousand Canadian dollars (CDN$3000) per episode of all seasons subject to extension. Licensee shall pay (i) the License Basic TV Fee for each season of such Program in four Season 4, the SVOD Fee (i.e., for Season 4) and the Season 1-3 SVOD Fee in eight (8) equal quarterly installments, with installments commencing on the first such payment due Availability Date and (ii) any SVOD Extension Fees in a manner to be mutually agreed but in no event later than the commencement thirty (30) days after receipt of the License Period for the first episode of such seasonan invoice from Licensor. Run of Series. Licensee shall license on the same terms and conditions herein any and all additional seasons of such Program that are produced and made available by Licensor, provided that (a) the Availability Dates for each season shall be subject to mutual agreement (but shall not be before the initial U.S. broadcast of the applicable episode), provided that if the parties have not agreed upon an Availability Date within ninety (90) days after Licensor notifies Licensee of a proposed Availability Date, the Availability Date shall be ninety (90) days after the initial U.S. broadcast of the applicable episode, and (b) the License Basic TV Fee per episode, the SVOD Fee per episode and the SVOD Extension Fee per episode applicable to each season after Season 4 shall be subject to a four three percent (43%) increase from the respective amount for the immediately previous season season, except that such increase shall apply to the SVOD Extension Fee commencing with any extension needed to coordinate the SVOD Standalone Licensed Service License Period expiration date for Season 5, if any, with such expiration date for Season 6, if any (e.g., the License Basic TV Fee per episode would be CDN$31,200 CDN$61,800 for Season 25, CDN$32,448 CDN$63,654 for Season 3 6 and so forth; the SVOD Fee per episode would be CDN$15,450 for Season 5; in order to coordinate the SVOD Standalone Licensed Service License Period expiration date for Seasons 1-5, the SVOD Extension Fee per episode would be CDN$3000 per episode for Seasons 1-4; and, in order to coordinate the SVOD Standalone Licensed Service License Period expiration date for Seasons 1-6, the SVOD Extension Fee per episode would be CDN$3090 per episode for Seasons 1-5). For the avoidance of doubt, nothing herein shall be construed to obligate Licensor to produce any additional episodes or seasons of the Program. US NETWORK OVERFLOW. To the extent Licensor licenses a Program during its License Period to a Free Broadcast Television service, Basic Television Service or Subscription Pay Television Service originating in the United States but commercially available in the Territory, (a) Licensor shall not be deemed to have breached this Agreement, and (b) with respect to each First Run Feature, First-Run MOW, Drop Dead Diva, Justified, The Hatfields and the McCoys, and Xxxxxx and Xxxxx and The Client List only, Licensee shall have the right, on a Program-by-Program basis, to terminate its obligation to license such Program hereunder upon written notice to Licensor, in which such case a pro-rata portion of the License Fee for such Program, based on how much time remains in such License Period, shall be offset (against as-yet unpaid License Fees for any other Programs) or, to the extent such pro-rata portion of the License Fee for such Program exceeds unpaid License Fees for all other Programs, shall be refunded to Licensee.

Appears in 2 contracts

Samples: Free/Basic Television and Svod License Agreement, Television and Svod License Agreement

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