Existing Subscriber Base definition
Existing Subscriber Base means an aggregate of at least 14,900,000 FTE Subscribers pursuant to oral or written carriage agreements, a correct and complete list of which is attached hereto as SCHEDULE 3(a)(ii) (the "Existing Carriage Agreements").
(b) VVI represents and warrants that, as of the date hereof, (i) each of the Existing Carriage Agreements is in full force and effect and is the legal, valid and binding obligation of the parties thereto, enforceable against each of them in accordance with its terms, and in aggregate the Existing Carriage Agreements represent substantially all of the Existing Subscriber Base, and (ii) neither VVI nor any affiliate of VVI is in material default of or in material breach under any material Existing Carriage Agreement nor, to the knowledge of VVI, under any other Existing Carriage Agreement, and, to the knowledge of VVI, there does not exist any default or breach under any Existing Carriage Agreement by any other party thereto.
(c) NBC shall use reasonable commercial efforts to support the Existing Subscriber Base, such as responding to inquiries by and complaints from, providing marketing information to and generally maintaining communications with Distributors. Notwithstanding the foregoing, in no event shall NBC be liable for or incur any penalty as a result of any termination or cancellation affecting all or any portion of the Existing Subscriber Base pursuant to the terms of any agreement, arrangement or commitment for carriage of VVTV in effect on the date hereof, or any renewal or extension thereof which is effected automatically or at the election of VVI (or otherwise without negotiation by NBC on behalf of VVI), including, without limitation, the Existing Carriage Agreements.
Existing Subscriber Base means FTE Subscribers pursuant to oral or written carriage agreements with Seller or its subsidiaries. “FTE Subscriber” means one Subscriber who receives the Shop At Home Network on a full-time basis, calculated on a basis consistent with that historically calculated by Seller by estimating the number of full-time households that receive the Shop At Home Network and derived by adding (a) the number of actual full-time households and (b) a number calculated under the assumption that part-time households had been combined into full-time households in accordance with a formula, as set forth more fully on Schedule 3.24, that considers the number of hours carried and gives weight to the amount of sales historically made by Seller during such hours.
Existing Subscriber Base. FTE" and "Subscriber" shall have the meanings set forth in the Distribution Agreement.
Examples of Existing Subscriber Base in a sentence
The Company has an Existing Subscriber Base of at least 14.4 million FTE Subscribers represented by existing carriage agreements, each of which is in full force and effect and is the legal, valid and binding obligation of the Company, and to the knowledge of the Company, the other parties thereto.
The terms "Existing Subscriber Base", "FTE" and "Subscriber" shall have the meanings set forth in the Distribution Agreement.
Seller has an Existing Subscriber Base (as hereinafter defined) of at least 42 million FTE Subscribers represented by existing Affiliation Agreements or carriage agreements, each of which is in full force and effect and is the legal, valid and binding obligation of Seller and, to Seller’s Knowledge, the other parties thereto.
More Definitions of Existing Subscriber Base
Existing Subscriber Base means the number of Subscribers disclosed by the Affiliate in the area and as stated in Applicable Annexure(s) of the Agreement against the Existing Subscribed Channels to whom the Affiliate shall be providing the subscribed channels.