Common use of Sale of Scripts Clause in Contracts

Sale of Scripts. Univision Group will be permitted to sell rights in any Script to a third party so long as, in connection with such sale, Univision Group divests (subject to Section 2.6(c)) itself of all right, title and interest in and to such Script, including any Broadcast rights outside the Territory and any other interest (whether monetary or otherwise) in such Script (e.g., profit participations, revenue shares, options, reversion rights, credits (except to the extent such credits are required to be retained under applicable Law), etc.). Any Audiovisual Content produced from such sold Script will not be Licensed Content, Co-Produced Content, an Acquired Completed Novela or Acquired Other Content solely by reason of Univision Group’s former ownership of rights in such sold Script.

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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Sale of Scripts. Univision Group will be permitted to sell rights in any Script to a third party so long as, in connection with such sale, Univision Group divests (subject to Section 2.6(c)) itself of all right, title and interest in and to such Script, including any Broadcast rights outside the Territory and any other interest (whether monetary or otherwise) in such Script (e.g., profit participations, revenue shares, options, reversion rights, credits (except to the extent such credits are required to be retained under applicable Law), etc.). Any Audiovisual Content produced from such sold Script will not be Licensed Content, Co-Produced Content, an Acquired Completed Novela Novela, Univision Produced Format Content or Acquired Other Third-Party Produced Format Content solely by reason of Univision Group’s former ownership of rights in such sold Script.

Appears in 2 contracts

Samples: Grupo Televisa, S.A.B., Univision Holdings, Inc.

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