Soccer Rights definition
Examples of Soccer Rights in a sentence
There shall be no Mexican Soccer Fees, payments or other amounts payable to Licensor with respect to the Owned Team Soccer Rights (other than the inclusion of revenues in the Royalty Base as described in Section 10.1(c)(i)).
In addition to the Soccer Rights licensed under Section 10.2(a)(i), Licensor hereby licenses to Licensee any other Broadcast-related rights in Licensed Media in the Territory during the Term with respect to Non-Owned Teams that Grupo Televisa owns or controls pursuant to the applicable Mexican Soccer License Agreement.
Pursuant to the Licensed Soccer Rights, Licensee shall have the right to create clips, vignettes, highlight reels or other similar short-form Audiovisual Content from the Licensed Mexican Soccer Games, which shall be in addition to any clips produced by Licensor as Televisa Produced Clips.
If Licensor elects to proceed under either clause (A) or clause (C) above, all Owned Team Soccer Rights to América licensed to Licensee hereunder with respect to América shall immediately be suspended for the duration of the Non First Division Period.
For purposes of calculating the Royalty payable by Licensee to Licensor under Section 9.1 (and subject to any applicable reductions pursuant to this Section 10), revenues with respect to the Owned Team Soccer Rights shall be included in the Royalty Base to the extent they would be included subject to, and in accordance with, the terms and conditions of, Section 9.1 (including any applicable deductions and exclusions).
In the event that any Mexican Soccer League team owned by Grupo Televisa (other than an Owned Team) rises into the First Division during the Term, then Licensor shall license to Licensee the Owned Team Soccer Rights for such Additional Owned Team and Licensee shall pay to Licensor, in addition to the Royalty, a Mexican Soccer Fee for such Additional Owned Team based on amounts payable under licenses for Mexican Soccer League teams that are generally comparable to such Additional Owned Team at such time.
Any sold Owned Team for which Licensor does not continue to license to Licensee the Owned Team Soccer Rights for the remainder of the Term shall cease to be an Owned Team for purposes of this Section 10.
Licensor agrees to cause any sale under Section 10.1(d)(ii) to be conditioned on Licensee continuing to be licensed the Owned Team Soccer Rights for the applicable sold Owned Team (excluding América) at least until the June 30 immediately following such sale (and in no event shall such license terminate earlier than six (6) months following such sale or during any season in progress).
If Grupo Televisa sells América during the Term, Licensor shall cause such sale to be conditioned on Licensee continuing to be licensed the Owned Team Soccer Rights for América until the earlier of (A) seven (7) years following such sale; or (B) the expiration of the Term.
No Mexican Soccer Fee under Section 10.2(b)(ii) or other consideration for the Soccer Rights to any such Non-Owned Team other than the Royalty as contemplated by Section 10.1(c) shall be paid by Licensee.