Common use of Licensee Option to License Clause in Contracts

Licensee Option to License. License the exclusive Broadcast rights in all Licensed Media throughout the Territory during the Term to such Co-Produced Content (or such lesser rights as Licensee may agree) for a separate license fee to be negotiated in good faith among Licensee, Univision Group and the third party co-producer(s) (or other holder of such rights); provided, that if Licensee, Univision Group and such third party co-producer(s) (or other holder of such rights) cannot agree on such license fee after good faith efforts to do so, Univision Group and the third party co-producer (or other holder of such rights) may thereafter only license such Broadcast rights to one or more third parties and only for a license fee that is greater than the highest license fee that Licensee previously offered to pay in such negotiations. For the avoidance of doubt, neither Univision Group nor such third-party co-producer (or other holder of such rights) may offer any third party a different or less expansive Broadcast rights package as compared to a package offered to Licensee, without, in each case, first offering Licensee the right to negotiate for the license of such rights package pursuant to this Section 2.3(a)(ii).

Licensee Option to License. License the exclusive Broadcast rights in all Licensed Media throughout the Territory during the Term to such Co-Produced Content (or such lesser rights as Licensee may agree) for a separate license fee to be negotiated in good faith among Licensee, Univision Group Grupo Televisa and the third party co-producer(s) (or other holder of such rights); provided, that if Licensee, Univision Group Grupo Televisa and such third party co-producer(s) (or other holder of such rights) cannot agree on such license fee after good faith efforts to do so, Univision Group Grupo Televisa and the third party co-producer (or other holder of such rights) may thereafter only license such Broadcast rights to one or more third parties and only for a license fee that is greater than the highest license fee that Licensee previously offered to pay in such negotiations. For the avoidance of doubt, neither Univision Group Grupo Televisa nor such third-party co-producer (or other holder of such rights) may offer any third party a different or less expansive Broadcast rights package as compared to a package offered to Licensee, without, in each case, first offering Licensee the right to negotiate for the license of such rights package pursuant to this Section 2.3(a)(ii).