Avail Term definition

Avail Term shall have the meaning set forth in Section 2.2 of the Principal Terms.

Avail Term shall have the meaning specified in Section 3 of this Agreement.

Avail Term shall have the meaning assigned in Section 3 hereof.

Examples of Avail Term in a sentence

• If more than one (1) Suspension occurs during the Avail Term, or any single Suspension lasts for a period of three (3) months or more, Licensor shall have the right, but not the obligation, to terminate this Agreement (“Security Breach Termination”) by providing written notice of such election to the Licensee.

• To avoid doubt, Licensee shall not be obligated to license any MFTs with a PPV Availability Date during the Avail Term, nor shall Licensor be obligated to make available to Licensee for licensing hereunder any MFTs with a PPV Availability Date during the Avail Term.

• In addition, the termination or expiration of the Avail Term or any Licence Period, howsoever occasioned, shall not affect any of the provisions of this Agreement which are expressly or by implication to come into or continue in force after such termination or expiration.

• It is acknowledged hereby that the Licence Period for each Licensed Film, as well as certain other rights and obligations of the parties hereunder, may expire after the end of the Avail Term.

• If more than one Suspension occurs during the Avail Term, or any single Suspension lasts for a period of 3 months or more, Licensor shall have the right, but not the obligation, to terminate this Agreement (“Security Flaw Termination”) by providing written notice of such election to the Licensee.

More Definitions of Avail Term

Avail Term shall have the meaning assigned in Clause 3 hereof.

Avail Term has the meaning specified in Section 2.2 of this Agreement.

Avail Term as specified in Section 3.1.

Avail Term meanss the term during which Licensor shall be required to make titles available for licensing on a FVOD basis hereunder, as applicable, and Licensee shall be required to license titles for exhibition on a FVOD basis hereunder, as applicable, as specified in Section 3.1.

Avail Term shall commence on [ ], 2011 and expire one (1) year thereafter.

Avail Term means the VOD/SVOD Avail Term.

Avail Term shall commence on the earlier of (i) six (6) months after the Avail Term commences for the United Kingdom and (ii) the commercial launch of the Licensed Service in the Territory (whichever date is earlier to also be known as the “Initial Avail Date”), and shall terminate on the one year anniversary of the Initial Avail Date (“Initial Avail Term”). The Initial Avail Term shall then automatically extend for two (2) additional 12-month periods (each, an “Extension Period”) following the expiration of the Initial Avail Term, unless either party gives the other party not less than thirty (30) days written notice prior to expiration of the Initial Avail Term or the first Extension Period, if any, of its election not to extend the Avail Term.