PPV and VOD MFN for Licensor Sample Clauses

PPV and VOD MFN for Licensor. (A) If, subsequent to the Amendment Date and prior to the end of the Term, STE enters into or amends any Output Agreement (as defined below) under which agreement or amendment the licensor thereunder is permitted to exploit motion pictures licensed thereunder during STE’s Pay Television “windows” by way of PPV or VOD, and such Output Agreement contains terms more favorable to the licensor thereunder with respect to delivery of motion pictures by such licensor by means of PPV or VOD than the terms contained in Sections 2(b)(i), 2(b)(ii) or 2(b)(iii), as applicable, are to Licensor, or such Output Agreement contains terms more favorable to the licensor thereunder with respect to limitations on “club” or similar access fees for PPV or VOD than the terms hereof are to Licensor, then STE shall so notify Licensor of the terms of such Output Agreement related to such rights within 60 days of the execution of such Output Agreement or amendment thereof Licensor shall then have the right, exercisable by written notice within five (5) business days after receipt of such notification (or within 5 days within completion of an audit, if applicable), to inform STE that this Amended & Restated Amendment is modified to incorporate all, but not less than all, of such PPV or VOD -related terms, as applicable, effective on the date which is the effective Pay Television availability date of the first motion picture under such Output Agreement or the effective date of such amendment, as the case may be.
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Related to PPV and VOD MFN for Licensor

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