Designated Current Feature definition

Designated Current Feature means any theatrically released Current Feature with Domestic Box Office Receipts of no more than $80M (subject to the CPI increase set forth in Section 5.6) and designated in writing by Licensor from time to time during the Term, but not more than two (2) in each Term Year. The parties agree that the Designated Current Features for Term Year 1 shall be This Christmas and Perfect Holiday. A Designated Current Feature licensed hereunder shall be deemed a Library Film for all purposes, including, without limitation, with respect to such Designated Current Feature’s Availability Date, License Period, License Fees and exhibition commitments; provided, however, that any Designated Current Feature made available by Licensor to any Other Provider on a Pay-Per-View or Video-On-Demand basis within the later of (i) six (6) months of its Home Video Street Date, and (ii) twelve (12) months of its Initial U.S. General Theatrical Release: (a) shall be offered to Licensee as a Library PPV Program hereunder on the earliest date such Designated Current Feature is offered to any Other Provider on a Pay-Per-View and/or Video-On-Demand basis, (b) shall be offered to Licensee as a Library VOD Program hereunder on the earliest date such Designated Current Feature is offered to any Other Provider on a Pay-Per-View and/or Video-On-Demand basis; (c) shall have a Library PPV License Period that ends no earlier than the latest expiring Pay-Per-View and/or Video-On-Demand license period afforded to any Other Provider; and (d) shall have a Library VOD License Period that ends no earlier than the latest expiring Pay-Per-View and/or Video-On-Demand license period afforded to any Other Provider.
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Related to Designated Current Feature

  • Incremental Term Maturity Date means, with respect to Incremental Term Loans of any Series, the scheduled date on which such Incremental Term Loans shall become due and payable in full hereunder, as specified in the applicable Incremental Facility Agreement.

  • Incremental Term Loan Maturity Date means the final maturity date of any Incremental Term Loan, as set forth in the applicable Incremental Term Loan Assumption Agreement.

  • Incremental Term Note means a promissory note made by the Borrower in favor of an Incremental Term Lender, evidencing Incremental Term Loans made by such Incremental Term Lender, substantially in the form attached to the Incremental Term Supplement.

  • Incremental Term Loan has the meaning set forth in Section 2.14(b).

  • Incremental Term Commitment means, with respect to any Lender, the commitment, if any, of such Lender, established pursuant an Incremental Facility Agreement and Section 2.21, to make Incremental Term Loans of any Series hereunder, expressed as an amount representing the maximum principal amount of the Incremental Term Loans of such Series to be made by such Lender.

  • Incremental Term Facility has the meaning assigned to such term in Section 2.22(a).

  • Incremental Term Loan Amount means, at any time, the excess, if any, of (a) $25,000,000 over (b) the sum of (i) the aggregate increase in the Revolving Credit Commitments established at or prior to such time pursuant to Section 2.24 and (ii) the aggregate amount of all Incremental Term Loan Commitments established prior to such time pursuant to Section 2.25.

  • Incremental Term A Loans has the meaning specified in Section 2.14(a).

  • Incremental Term Loans has the meaning specified in Section 2.14(a).

  • Incremental Term Loan Repayment Dates means the dates scheduled for the repayment of principal of any Incremental Term Loan, as set forth in the applicable Incremental Term Loan Assumption Agreement.

  • Incremental Term Commitments has the meaning set forth in Section 2.14(a).

  • Incremental Term Loan Commitment means the commitment of any Lender, established pursuant to the Credit Agreement, to make available certain term loans to one or more Borrowers.

  • Incremental Term Lender means a Lender with an Incremental Term Loan Commitment or an outstanding Incremental Term Loan.

  • Incremental Term Loan Lender shall have the meaning provided in Section 2.15(b).

  • Tranche C Term Loan as defined in Section 2.1.

  • Commitment Fee has the meaning specified in Section 2.09(a).

  • Incremental Term B Loans has the meaning specified in Section 2.14(a).

  • Revolving Line Maturity Date is that date which is two (2) years following the Effective Date.

  • Tranche B Term Loan Maturity Date means October 20, 2016.

  • Incremental Term Loan Installment Date shall have, with respect to any Class of Incremental Term Loans established pursuant to an Incremental Assumption Agreement, the meaning assigned to such term in Section 2.10(a)(ii).

  • Incremental Term Loan Note means a promissory note made by the Borrower in favor of an Incremental Term Lender evidencing the Incremental Term Loans made by such Incremental Term Lender, and any amendments, supplements and modifications thereto, any substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part.

  • New Term Loan Maturity Date means the date on which a New Term Loan matures.

  • Initial Term Loan Maturity Date means September 24, 2014 or, if such date is not a Business Day, the first Business Day thereafter.

  • Incremental Term Loan Commitments has the meaning set forth in Section 2.24.

  • Incremental Term Loan Facility has the meaning set forth in Section 2.16(a).

  • Initial Maturity Date means the earlier of (i) February 1, 2020 (the "Scheduled Initial Maturity Date"), and (ii) the date on which the unpaid principal balance of this Note becomes due and payable by acceleration or otherwise pursuant to the Loan Documents or the exercise by Lender of any right or remedy thereunder.