Second License Period. STE shall have the exclusive right to exhibit each Picture licensed hereunder for 120 Exhibition Days (in the aggregate) on up to 10 channels of the STE Pay Television Services (for purposes of clarification, SOD services shall not count as channels) during a 13-month period (“Second License Period”) which shall commence between one year and six years and one month after the end of the First License Period. Licensor shall notify STE in writing of the commencement date of the Second License Period at least one hundred fifty (150) days prior to such date. Notwithstanding the foregoing, if Licensor fails to notify STE by two years after the end of the First License Period for a Picture that Licensor has entered into one or more permitted Television license agreements with respect to such Picture, and Licensor fails to so notify STE within 10 days after receipt by Licensor of a notice from STE informing Licensor of such failure, then the Second License Period for such Picture shall commence five months after the date of STE’s notice to Licensor of such failure.
Second License Period. STE shall have the exclusive right to exhibit each Picture licensed hereunder for three hundred (300) Exhibitions (in the aggregate) on up to 10 channels of the STE Pay Television Services (for purposes of clarification, SOD services shall not count as channels) (i) for Pictures having an Initial Theatrical Release prior to January 1, 2017, during a 13-month period and (ii) for Pictures having an Initial Theatrical Release on January 1, 2017 or later, a 15-month period (“Second License Period”) which shall commence between one year and six years and one month after the end of the First License Period. Licensor shall notify STE in writing of the commencement date of the Second License Period at least one hundred fifty (150) days prior to such date. Notwithstanding the foregoing, if Licensor fails to notify STE by two years after the end of the First License Period for a Picture that Licensor has entered into one or more permitted Television license agreements with respect to such Picture, and Licensor fails to so notify STE within 10 days after receipt by Licensor of a notice from STE informing Licensor of such failure, then the Second License Period for such Picture shall commence five months after the date of STE’s notice to Licensor of such failure. Window Interruptions. For up to two Pictures per release Year, which Pictures for such release Year shall not be among the top three box office Pictures to be licensed hereunder for such release Year, Licensor may interrupt STE’s First License Period for a single exhibition on any Television service (other than a Pay Television service) in the Territory that Licensor or any Licensor Affiliate operates or manages, provided, that Licensor or such Licensor Affiliate, as applicable, must have an ownership interest in such service, with a corresponding extension of STE’s First License Period. Such interruption shall occur no earlier than the 12th month of the First License Period and shall last no longer than three months within such interruption period. Licensor shall notify STE in writing if a Picture’s First License Period is to be interrupted not later than the end of the sixth month of such Picture’s First License Period. No promotion of such exhibition of such Picture may occur until the interruption period begins. The License Fee for a Picture whose First License Period is interrupted pursuant to this Section 3(c) which is exhibited only in the Spanish language shall be 75% of the License Fee determined pur...
