Common use of Termination of DRM Selling/Buying obligations Clause in Contracts

Termination of DRM Selling/Buying obligations. The obligation of Seller to sell and of Buyer to purchase DRM in a DRM Merchandise Category in accordance with Section 4(b)(i) will end on the 111th day following the third anniversary or the fourth anniversary of the Effective Date, whichever is applicable (the 111th day, the “End Date”), but only if the following two conditions are satisfied:

Appears in 4 contracts

Samples: Merchandising Agreement (Sears Hometown & Outlet Stores, Inc.), Merchandising Agreement (Sears Hometown & Outlet Stores, Inc.), Merchandising Agreement (Sears Hometown & Outlet Stores, Inc.)

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