New Fox definition
Examples of New Fox in a sentence
For the avoidance of doubt, none of Seller, New Fox or any of their respective Subsidiaries (other than the Transferred Company or any of its Subsidiaries) shall be liable for Taxes relating to the Business and imposed directly on the Transferred Company or its Subsidiaries, such as payroll Taxes, sales and use Taxes, and similar Taxes but any such Taxes that are current liabilities shall instead be included in Adjusted Working Capital.
No current or former employee of Seller, New Fox or any of their respective Affiliates, any Employee of the Business or any former Employee of the Business, including any beneficiary or dependent thereof, or any other Person not a party to this Agreement, shall be entitled to assert any claim against Buyer, Seller or any of their respective Affiliates under this Article IX.
Buyer shall reimburse Seller (and New Fox) for reasonable out-of-pocket costs and expenses incurred by Seller (or New Fox) in complying with this Section 7.08.
In the event that DWA approves a given Existing Fox Output Deal or New Fox Output Deal pursuant to this Paragraph 9(e), such Existing Fox Output Deal or New Fox Output Deal, as applicable, shall be deemed approved by DWA for any and all Qualified Pictures released during the Output Term and licensed to Fox hereunder (and, if applicable, any other Licensed Pictures).
Fox and New Fox shall have effected the New Fox Asset Transfer pursuant to the Asset Purchase Agreement, between the Intermediate Purchase, Fox and New Fox, which agreement, and the other documents in connection with New Fox Asset Transfer, shall be in form and substance satisfactory to the Agent and the Lenders.
If any Licensed Picture is not included in an Existing Fox Output Deal or New Fox Output Deal pursuant to the procedures described above, Fox shall nevertheless exploit such Licensed Picture in accordance with the distribution standards and obligations set forth in Paragraph 9(a) above (subject to DWA’s approval rights hereunder).
This Article IX is included for the sole benefit of the parties to this Agreement and their respective transferees and permitted assigns and does not and shall not create any right in any Person, including any current or former employee of Seller, New Fox or any of their respective Affiliates, any Employee of the Business or any former Employee of the Business, who is not a party to this Agreement.
If Fox desires to extend, modify or amend any Existing Fox Output Deal or New Fox Output Deal that has previously been approved by DWA hereunder, DWA shall have a further right to approve any such extension, modification or amendment (which, if approved, shall be deemed by DWA approved for any and all Qualified Pictures released during the Output Term and licensed to Fox hereunder (and, if applicable any other Licensed Pictures)).
Fox shall not be obligated to include any Licensed Pictures that are not Qualified Pictures in any Existing Fox Output Deals or New Fox Output Deals that (A) relate to new theatrical releases only, (B) enumerate specific titles, and/or (C) contain volume restrictions for catalogue product.
If DWA elects to approve a given Existing Fox Output Deal or New Fox Output Deal (or extension, modification or amendment thereto) in accordance herewith, Fox shall be obligated to include all Qualified Pictures in such Existing Fox Output Deal or New Fox Output Deal (to the extent the Qualified Pictures qualify for inclusion therein), subject to any volume restrictions contained therein.