Common use of Non-Exclusive Run-Out Obligations Clause in Contracts

Non-Exclusive Run-Out Obligations. With respect to each Advertising Service for which the third party to the Run-Out Obligations has non-exclusive rights as a service provider, if Regal has provided LLC with written notice of Regal’s intent to receive additional equity in LLC with respect to the Encumbered Theatres pursuant to the Unit Adjustment Agreement, Regal shall, until such Run-Out Obligations have terminated, pay LLC [***]. Any such payments shall be made on or before the last day of LLC’s fiscal month following the fiscal quarter in which Regal receives third party payment for the Advertising Services.

Appears in 1 contract

Samples: Exhibitor Services Agreement (National CineMedia, Inc.)

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Non-Exclusive Run-Out Obligations. With respect to each Advertising Service for which the third party to the Run-Out Obligations has non-exclusive rights as a service provider, if Regal has provided LLC with written notice of Regal’s intent to receive additional equity in LLC with respect to the Encumbered Theatres pursuant to the Unit Adjustment Agreement, Regal shall, until such Run-Out Obligations have terminated, pay LLC [***]*. Any such payments shall be made on or before the last day of LLC’s fiscal month following the fiscal quarter in which Regal receives third party payment for the Advertising Services.

Appears in 1 contract

Samples: Exhibitor Services Agreement (Regal Entertainment Group)

Non-Exclusive Run-Out Obligations. With respect to each Advertising Service for which the third party to the Run-Out Obligations has non-exclusive rights as a service provider, if Regal has provided LLC with written notice of Regal’s intent to receive additional equity in LLC with respect to the Encumbered Theatres pursuant to the Unit Adjustment Agreement, Regal shall, until such Run-Out Obligations have terminated, pay LLC [***]. Any such payments shall be made on or before the last day of LLC’s fiscal month following the fiscal quarter in which Regal receives third party payment for the Advertising Services.

Appears in 1 contract

Samples: Exhibitor Services Agreement (Regal Entertainment Group)

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Non-Exclusive Run-Out Obligations. With respect to each Advertising Service for which the third party to the Run-Out Obligations has non-exclusive rights as a service provider, if Regal has provided LLC with written notice of Regal’s intent to receive additional equity in LLC with respect to the Encumbered Theatres pursuant to the Unit Adjustment Agreement, Regal shall, until such Run-Out Obligations have terminated, pay LLC [***]. Any such payments shall be made on or before the last day of LLC’s fiscal month following the fiscal quarter in which Regal receives third party payment for the Advertising Services.

Appears in 1 contract

Samples: Exhibitor Services Agreement (National CineMedia, Inc.)

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