Common use of Local Management Agreement Clause in Contracts

Local Management Agreement. A. In the event LICENSEE enters into a Local Management Agreement as defined in Section 2.G hereof, within thirty (30) days of such agreement: (1) LICENSEE shall provide SESAC with a copy of such agreement, and (2) Local Manager shall execute this Agreement in the signature space provided below. By signing this Agreement, Local Manager becomes a party to this Agreement and shall assume, with LICENSEE, all of LICENSEE’s rights and obligations set forth in this Agreement for the full period the Local Management Agreement is in effect. SESAC shall provide a copy of all notices required by Section 6 to LICENSEE and the applicable Local Manager, if any. B. In the event LICENSEE becomes a Local Manager by entering into a Local Management Agreement with another station, LICENSEE shall notify SESAC within thirty (30) days of entering into the agreement. C. In the event LICENSEE and/or Local Manager do not provide to SESAC the documentation required by Section 9.A on a timely basis, LICENSEE shall remain solely responsible for LICENSEE’s obligations to SESAC under this Agreement. D. In the event the Local Management Agreement provided to SESAC terminates prior to its stated termination date, LICENSEE and Local Manager shall notify SESAC of such termination immediately.

Appears in 3 contracts

Samples: Radio Broadcasting Performance License, Sesac Radio Broadcasting Performance License, Radio Broadcasting Performance License

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Local Management Agreement. A. In the event LICENSEE enters into an agreement with a Local Manager (a “Local Management Agreement as defined in Section 2.G hereof, Agreement”) within thirty (30) days of such agreement: agreement (1) LICENSEE shall provide SESAC ASCAP with a copy of such agreement, and (2) Local Manager shall execute this Agreement in the signature space provided below. By signing this Agreement, Local Manager becomes a party to this License Agreement and shall assume, with LICENSEE, all of LICENSEE’s the rights and obligations set forth in this Agreement for the full period the Local Management Agreement is in effect. SESAC shall provide a copy of all notices required by Section 6 to LICENSEE and the applicable Local Manager, if any. B. In the event LICENSEE becomes a Local Manager by entering into a Local Management Agreement with another station, LICENSEE shall notify SESAC ASCAP within thirty (30) days of entering into the agreement. C. In the event that LICENSEE and/or Local Manager do not provide to SESAC ASCAP, within sixty (60) days of entering into a Local Management Agreement, the documentation required by Section 9.A on a timely basisParagraph 9.A, LICENSEE shall remain solely responsible for LICENSEE’s obligations timely submitting Annual Reports as required by Paragraph 4.H and shall be obligated to SESAC under this Agreementpay 110% of the otherwise applicable blanket or program-period license fees for the entire period during which the documentation required by Paragraph 9.A is overdue. D. In the event that LICENSEE and/or Local Manager do not provide ASCAP with the documentation required by Paragraph 9.A within sixty (60) days of entering into a Local Management Agreement, ASCAP shall have the right to terminate this License Agreement upon ten (10) days’ written notice. E. In the event that the Local Management Agreement provided to SESAC ASCAP terminates prior to its stated termination date, LICENSEE and Local Manager shall immediately notify SESAC ASCAP of such termination immediatelytermination.

Appears in 2 contracts

Samples: General License Agreement, Radio Station License Agreement

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Local Management Agreement. A. In the event LICENSEE enters into a Local Management Agreement as defined in Section 2.G 2.E hereof, within thirty (30) days of such agreement: (1) LICENSEE shall provide SESAC with a copy of such agreement, and (2) Local Manager shall execute this Agreement in the signature space provided below. By signing this Agreement, Local Manager becomes a party to this Agreement and shall assume, with LICENSEE, all of LICENSEE’s rights and obligations set forth in this Agreement for the full period the Local Management Agreement is in effect. SESAC shall provide a copy of all notices required by Section 6 to LICENSEE and the applicable Local Manager, if any. B. In the event LICENSEE becomes a Local Manager by entering into a Local Management Agreement with another stationStation, LICENSEE shall notify SESAC within thirty (30) days of entering into the agreement. C. In the event LICENSEE and/or Local Manager do not provide to SESAC the documentation required by Section 9.A 10.A on a timely basis, LICENSEE shall remain solely responsible for LICENSEE’s obligations to SESAC under this Agreement. D. In the event the Local Management Agreement provided to SESAC terminates prior to its stated termination date, LICENSEE and Local Manager shall notify SESAC of such termination immediately.

Appears in 1 contract

Samples: Sesac Radio Broadcasting Performance License

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