First License Period definition

First License Period means for theatrical releases prior to January 1, 2009, a 15 month period, and, for theatrical releases on January 1, 2009 or later, a 16 month period, in each case, commencing on its Availability Date. The Availability Date for each Picture that has an Initial Theatrical Release on or after January 1, 2009 other than a Holiday Themed Picture (as defined below) shall be determined by Licensor in its sole discretion and be no later than the earliest to occur of 13 months after such Picture’s Initial Theatrical Release, or 10 months after such Picture’s General Theatrical Release, 3 ½ months after its Initial Pay-Per-View Release or Initial Video-On-Demand Release, and 4 ½ months after such Picture’s Initial Home Video Release. The Availability Date for each Holiday Themed Picture shall be determined by Licensor in its sole discretion and be a date no earlier than a date which would permit STE to exhibit such Picture over two relevant holidays (i.e., two Thanksgivings if a Thanksgiving-themed Picture, and two Christmases if a Christmas-themed Picture); provided, that in no event shall such Availability Date be later than 24 months following the General Theatrical Release. Notwithstanding anything to the contrary in this Amended & Restated Amendment, for purposes of Sections 3(a)(i) and 3(a)(ii), all references to a Picture’s Initial Video-On- Demand Release and Initial Pay-Per-View Release shall expressly exclude any PPV/VOD exhibitions that occur as part of a Home Theater exhibition). A “Holiday Themed Picture” shall mean any Picture with a General Theatrical Release occurring in November or December with specific references to Thanksgiving, Christmas or Hanukkah.
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First License Period means for Pictures having an Initial Theatrical Release on or prior to December 31, 2013, a 16 month period, and, for Pictures having an Initial Theatrical Releases on January 1, 2014 or later, an 18 month period, in each case, commencing on its Availability Date. The Availability Date for each Picture, other than a Holiday Themed Picture (as defined below), shall be determined by Licensor in its sole discretion and be no later than the earliest to occur of 13 months after such Picture’s Initial Theatrical Release, or 10 months after such Picture’s General Theatrical Release, 3 ½ months after its Initial Pay-Per-View Release or Initial Video-On-Demand Release, and 4 ½ months after such Picture’s Initial Home Video Release. The Availability Date for each Holiday Themed Picture shall be determined by Licensor in its sole discretion and be a date no earlier than a date which would permit STE to exhibit such Picture over two relevant holidays (i.e., two Thanksgivings if a Thanksgiving-themed Picture, and two Christmases if a Christmas-themed Picture); provided, that in no event shall such Availability Date be later than 24 months following the General Theatrical Release. Notwithstanding anything to the contrary in this Amended & Restated Amendment, for purposes of Sections 3(a)(i) and 3(a)(ii): (x) all references to a Picture’s Initial Video-On-Demand Release and Initial Pay-Per-View Release shall expressly exclude any PPV/VOD exhibitions that occur as part of a Home Theater exhibition; and (y) all references to a Picture’s Initial Video-On-Demand Release, Initial Pay-Per-View Release and Initial Home Video Release shall expressly exclude any exhibitions covered by Section 2(b)(vii) above. A “Holiday Themed Picture” shall mean any Picture with a General Theatrical Release occurring in November or December with specific references to Thanksgiving, Christmas or Hanukkah. Notwithstanding Section 3(a)(i), for up to one Picture per Year that is a re-release and up to two other Pictures per Year, the First License Period may commence on a date which is the earliest of 18 months after such Picture’s Initial Theatrical Release, or 15 months after such Picture’s General Theatrical Release, or eight months after such Picture’s Initial Video-On-Demand Release, or six months after such Picture’s Initial Home Video Release or Initial Pay-Per-View Release. Notwithstanding Section 3(a)(i), but solely with respect to up to three (3) Pictures that are 2013 Releases, such Pictu...
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First License Period means the time period extending from September 1, 1995 until AMWAY makes, uses, or sells three hundred thousand (300,000) gallons of the Product.
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Examples of First License Period in a sentence

  • If a Picture’s First License Period is interrupted in accordance with the terms of this Section, the amount by which the License Fee for such Picture is reduced shall be deducted by STE from each payment made to Licensor after the date of determination of the amount of reduction until such amount has been fully recouped by STE.

  • 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 not license or authorize the distribution of any Picture via In-Store Digital Download on a subscription basis prior to the end of the First License Period for such Picture.

  • 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 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.

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  • 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 pursuant to Exhibit A and the License Fee for a Picture whose First License Period is interrupted pursuant to this Section 3(c) which is exhibited in the English language shall be 66% of the License Fee determined pursuant to Exhibit A.

  • 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.

  • Delivery of the Master(s) to the Laboratory shall take place not later than four months prior to such Picture’s First License Period.

  • Licensor and STE, however, acknowledge the unusual nature of allowing Licensor to retain these rights during XXX’s First License Period and Second License Period and the potential economic effects of that retention.


More Definitions of First License Period

First License Period means for Pictures having an Initial Theatrical Release on or prior to December 31, 2013, a 16 month period, and, for Pictures having an Initial Theatrical Releases on January 1, 2014 or later, an 18 month period, in each case, commencing on its Availability Date. The Availability Date for each Picture, other than a Holiday Themed Picture (as defined below), shall be
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Related to First License Period

  • License Period means the period beginning from the Commencement Date and ending on the Termination Date.

  • Third Party License means licenses from third parties governing third party software embedded or used in the Trading Platform.

  • Intercompany License Agreement means any cost-sharing agreement, commission or royalty agreement, license or sub-license agreement, distribution agreement, services agreement, intellectual property rights transfer agreement or any related agreements, in each case where all the parties to such agreement are one or more of the Borrower and any Restricted Subsidiary thereof.

  • Exclusivity Period shall have the meaning set forth in Section 6.11.