Common use of Renewals; Amendments Clause in Contracts

Renewals; Amendments. Any renewal of a Sublicensing Arrangement will require Licensor approval in accordance with this Section 4. For the avoidance of doubt, this Section 4.3(c) shall not apply to any third party arrangement for a TIN Branded Experience (as Licensor approval is not otherwise required for such arrangements). Amendments, modifications, extensions and/or waivers to any existing Sublicensing Arrangement that would cause such Sublicensing Arrangement to deviate in any material respect from the existing Sublicensing Arrangement, or affect the economics or scope of rights under such Sublicensing Arrangements, or violate any of the General Requirements, including the Core Controls will require Licensor’s approval in accordance with the provisions of this Section 4 applicable to such Sublicensing Arrangement, as amended. Any other amendment, modification, extension and/or waivers to an approved Sublicensing Arrangement shall not require Licensor’s approval.

Appears in 3 contracts

Samples: 2011 Mexico License Agreement, 2011 Mexico License Agreement (Univision Holdings, Inc.), 2011 Mexico License Agreement (Grupo Televisa, S.A.B.)

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Renewals; Amendments. Any renewal of a Sublicensing Arrangement will require Licensor approval in accordance with this Section 4. For the avoidance of doubt, this Section 4.3(c) shall not apply to any third party arrangement for a TIN UIN Branded Experience (as Licensor approval is not otherwise required for such arrangements). Amendments, modifications, extensions and/or waivers to any existing Sublicensing Arrangement that would cause such Sublicensing Arrangement to deviate in any material respect from the existing Sublicensing Arrangement, or affect the economics or scope of rights under such Sublicensing Arrangements, or violate any of the General Requirements, including the Core Controls will require Licensor’s approval in accordance with the provisions of this Section 4 applicable to such Sublicensing Arrangement, as amended. Any other amendment, modification, extension and/or waivers to an approved Sublicensing Arrangement shall not require Licensor’s approval.

Appears in 1 contract

Samples: 2011 Program License Agreement (Grupo Televisa, S.A.B.)

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