Common use of RIGHT OF RENEWAL Clause in Contracts

RIGHT OF RENEWAL. 5.1 Practitioner will be entitled to renew the agreement by notice in writing to the Performer given by not later than thirty (30) days prior to the expiry date to the current exposure of renewal period, failing which such rights shall cease subject to the provisions in clause 5.3. 5.2 If the agreement is renewed, the renewal fees in S13.4 or S14.5 will be payable. 5.2.1 If S14.5 applies, this agreement may be renewed by the Practitioner at its option. However, after a period of four consecutive years of paid renewals from the date of first usage, as provided for in clause 2.5, the Performer is entitled to give the Practitioner twelve (12) months written notice for legitimate or lawful reasons of his/ her intention not to renew. 5.2.2 If S13.4 applies and the agreement is renewed then the renewal fees for each subsequent renewal period will be as provided in S13.4, until the expiry of twenty four (24) calendar months after the date in S9 or S11 (See Clause2.5) and in respect of any renewal after such period the renewal fees payable will be the standard rates at the time of renewal as agreed between ACA, NAMA, PMA, SAGA and SAPAMA, provided that if no such standard rates have been fixed the renewal fees will be negotiable. 5.3 If S14 applies and the agreement is not renewed timeously and lapses and provided the Performer has not, since the lapse of the agreement, entered into a conflicting agreement with a third party, Practitioner may revive and renew the agreement by notice in writing to the Performer, and by payment of the renewal fee relevant to the year in which it is to be renewed, i.e. if renewal lapsed in year two and the Practitioner renews for year three then only year three renewal rate applies. 5.4 Unless otherwise negotiated, a “package deal” must be renewed as the full package (See Clause 1.24)

RIGHT OF RENEWAL. 5.1 Practitioner will be entitled to renew the agreement by notice in writing to the Performer given by not later than thirty (30) days prior to the expiry date to the current exposure of renewal period, failing which such rights shall cease subject to the provisions in clause 5.3. 5.2 If the agreement is renewed, the renewal fees in S13.4 or S14.5 will be payable. 5.2.1 If S14.5 applies, this agreement may be renewed by the Practitioner at its option. However, after a period of four consecutive years of paid renewals from xxxx om the date of first usage, as provided for in clause 2.5, the Performer is entitled Perform to give the Practitioner twelve (12) months written notice for legitimate or legit lawful reasons of his/ her intention not to renew. 5.2.2 If S13.4 applies and the agreement is renewed then the renewal fees for each subsequent renewal period will be as provided in S13.4, until S13.4 the expiry of twenty four (24) calendar months after the date in S9 or S11 S (See Clause2.5) and in respect of any renewal after such period the renewal h fees payable will be the standard rates at the time of renewal as agreed between ag ween ACA, NAMA, PMA, SAGA and SAPAMA, provided that if no such uch standard rates have been fixed the renewal fees will be negotiable. 5.3 If S14 applies and the agreement is not renewed timeously xxxx xxx and lapses and provided the Performer has not, since the lapse of the agreementment, entered into a conflicting agreement with a third party, Practitioner may Practitione revive and renew the agreement by notice in writing to the Performer, and by payment a ment of the renewal fee relevant to the year in which it is to be renewed, i.e. if renewal newal lapsed in year two and the Practitioner renews for year three then th n only year three renewal rate applies. 5.4 Unless otherwise negotiated, a “package deal” must be renewed as the full package (See Clause 1.24)Clause

RIGHT OF RENEWAL. 5.1 Practitioner will be entitled to renew the agreement by notice in writing to the Performer given by not later than thirty (30) days prior to the expiry date to the current exposure of renewal period, failing which such rights shall cease subject to the provisions in clause 5.3. 5.2 If the agreement is renewed, the renewal fees in S13.4 or S14.5 will be payable. 5.2.1 If S14.5 applies, this agreement may be renewed by the Practitioner at its option. However, after a period of four consecutive years of paid renewals from the date of first usage, usage as provided for in clause 2.5, the Performer is entitled to give the Practitioner twelve (12) months written notice for legitimate or lawful reasons of his/ her intention not to renew. 5.2.2 If S13.4 applies and the agreement is renewed then the renewal fees for each subsequent renewal period will be as provided in S13.4, until the expiry of twenty four (24) calendar months after the date in S9 or S11 (See Clause2.5) and in respect of any renewal after such period the renewal fees payable will be the standard rates at the time of renewal as agreed between ACA, NAMA, PMA, SAGA and SAPAMA, provided that if no such standard rates have been fixed the renewal fees will be negotiable. 5.3 If S14 applies and the agreement is not renewed timeously and lapses and provided the Performer has not, since the lapse of the agreement, entered into a conflicting agreement with a third party, Practitioner may revive and renew the agreement by notice in writing to the Performer, and by payment of the renewal fee relevant to the year in which it is to be renewed, i.e. if renewal lapsed in year two and the Practitioner renews for year three then only year three renewal rate applies. 5.4 Unless otherwise negotiated, a “package deal” must be renewed as the full package (See Clause 1.24)

RIGHT OF RENEWAL. 5.1 Practitioner will be entitled to renew the agreement by notice in writing to the Performer given by not later than thirty (30) days prior to the expiry date to the current exposure of renewal period, failing which such rights shall cease subject to the provisions in clause 5.3. 5.2 If the agreement is renewed, the renewal fees in S13.4 or S14.5 will be payable. 5.2.1 If S14.5 applies, this agreement may be renewed by the Practitioner at its option. However, after a period of four (4) consecutive years of paid renewals from the date of first usage, usage as provided for in clause 2.5, the Performer is entitled to give the Practitioner twelve (12) months written notice for legitimate or lawful reasons of his/ his / her intention not to renew. 5.2.2 If S13.4 applies and the agreement is renewed renewed, then the renewal fees for each subsequent renewal period will be as provided in S13.4, until the expiry of twenty twenty-four (24) calendar months after the date in S9 or S11 (See Clause2.5clause2.5) and in respect of any renewal after such period the renewal fees payable will be the standard rates at the time of renewal as agreed between ACA, NAMA, PMA, SAGA and SAPAMA, provided that if no such standard rates have been fixed the renewal fees will be negotiable. 5.3 If S14 applies and the agreement is not renewed timeously and lapses and provided the Performer has not, since the lapse of the agreement, entered into a conflicting agreement with a third party, Practitioner may revive and renew the agreement by notice in writing to the Performer, and by payment of the renewal fee relevant to the year in which it is to be renewed, i.e. if renewal lapsed in year two and the Practitioner renews for year three then only year three renewal rate applies. 5.4 Unless otherwise negotiated, a “package deal” must be renewed as the full package (See Clause 1.24clause 1.16)

RIGHT OF RENEWAL. 5.1 Practitioner will be entitled to renew the agreement by notice in writing to the Performer given by not later than thirty (30) days prior to the expiry date to the current exposure of renewal period, failing which such rights shall cease cause subject to the provisions in clause 5.3. 5.2 If the agreement is renewed, the renewal fees in S13.4 or S14.5 will be payable. 5.2.1 If S14.5 applies, this agreement may be renewed by the Practitioner at its option. However, after a period of four consecutive years of paid renewals from the date of first usage, as provided for in clause 2.5, the Performer is entitled to give the Practitioner twelve (12) months written notice for legitimate or lawful reasons of his/ her intention not to renew. 5.2.2 If S13.4 applies and the agreement is renewed then the renewal fees for each subsequent renewal period will be as provided in S13.4, until the expiry of twenty four (24) calendar months after the date in S9 or S11 (See Clause2.5) and in respect of any renewal after such period the renewal fees payable will be the standard rates at the time of renewal as agreed between ACA, NAMA, PMA, SAGA and SAPAMA, provided that if no such standard rates have been fixed the renewal fees will be negotiable. 5.3 If S14 applies and the agreement is not renewed timeously and lapses and provided andprovided the Performer has not, since the lapse of the agreement, entered into a conflicting agreement with a third party, Practitioner may revive and renew the agreement by notice in writing to the Performer, and by payment of the renewal fee relevant to the year in which it is to be renewed, i.e. if renewal lapsed in year two and the Practitioner renews for year three then only year three renewal rate applies. 5.4 Unless otherwise negotiated, a “package deal” must be renewed as the full package (See Clause 1.24)