VOD Customer Transaction definition
Examples of VOD Customer Transaction in a sentence
For clarity, with respect to the Standard Definition version and/or High Definition version of the applicable VOD Included Program made available as part of the VOD Customer Transaction for the 4K VOD Program, the VOD Customer shall have the same rights to access, view, transfer, retain and retrieve such versions as they do in respect of VOD Included Programs acquired in Standard Definition or High Definition pursuant to a stand-alone VOD Customer Transaction.
For clarity, a VOD Customer may make multiple VOD Customer Transactions for an Early Window Title during such title’s Early Window License Period, provided, that each VOD Customer Transaction shall be subject to the Early Window Usage Rules set forth herein.
For each VOD Customer Transaction during each calendar month, Licensee shall pay to Licensor a royalty equal to the product of (i) VOD Licensor’s Share and (ii) the greater of (y) the VOD Actual Retail Price or (z) the VOD Deemed Retail Price (each, a “Royalty”).
Licensee agrees to deliver to each VOD Customer who enters into a VOD Customer Transaction, with respect to the first two (2) Early Window Titles to be distributed hereunder by Licensee, by no later than such Early Window Title’s Blu-ray street date a $5 off coupon (“HD DHE Coupon”), which is redeemable on Licensee’s DHE Service for the purchase of the HD version of such Early Window Title on a DHE basis.
For each VOD Included Program, if the Actual VOD Per- Program Fee exceeds the Per-Program Guarantee, such excess amount is the “VOD Overage.” Licensee shall pay Licensor any VOD Overage within thirty (30) days after the end of the month during which the VOD Customer Transaction giving rise to such VOD Overage occurs.
If at any time the amount of the VOD Per- Program License Fees earned hereunder exceeds the total Unrecouped MG Amount (“Overage”), Licensee shall pay such Overage within 30 days after last day of the month in which the VOD Customer Transaction giving rise to such Overage occurs.
Notwithstanding anything to the contrary in this Agreement (and without limiting anything hereinabove provided), if, during the Employment Period or the Relevant Period, Executive obtains other employment or engages in his own business or otherwise engages in any business activities for his own benefit or account, Executive shall immediately notify Employer of the same, identifying his employer and disclosing his business activity.
If at any point during a VOD Avail Year, the aggregate total of all actual Per-Program License Fees earned for such VOD Avail Year exceeds the amount of the Annual Minimum Guarantee paid (“Overage”), Licensee shall pay any such Overage within 60 days after the end of the month during which the VOD Customer Transaction giving rise to such Overage occurs.
Subject as aforesaid, such Early Window Title shall be viewable an unlimited number of times during the Early Window Viewing Period applicable to such VOD Customer Transaction.
For each VOD Included Program, if the Actual VOD Per-Program Fee exceeds the Per-Program Guarantee, such excess amount is the “VOD Overage.” Licensee shall pay Licensor any VOD Overage within thirty (30) days after the end of the month during which the VOD Customer Transaction giving rise to such VOD Overage occurs.