Expiry of the Format Holdback Period Clause Samples

The 'Expiry of the Format Holdback Period' clause defines the point at which restrictions on the use or distribution of a particular content format come to an end. Typically, this clause specifies a set duration during which the licensee or distributor is prohibited from exploiting the content in certain formats, such as digital, DVD, or streaming, after the initial release. Once the holdback period expires, the rights holder or licensee is free to distribute the content in those previously restricted formats. This clause is essential for managing release windows and maximizing revenue by controlling when and how content becomes available across different platforms.
Expiry of the Format Holdback Period. Following expiry of the Format Holdback Period, the Producer warrants and undertakes that it shall not itself and shall not authorise any third party to exploit the Changed Format Programme(s) in the Territory, without granting to Channel 4 (and its Associate(s)) an exclusive right of first negotiation to acquire all rights to exploit the Changed Format Programme(s) via any Distribution System in the Territory as described herein. For 40 days from written notice from the Producer and/or the distributor of the rights in and to the Changed Format Programme(s) (whichever entity is exploiting the rights in the Changed Format Programme(s) shall be described for the purposes hereof as the “Format Distributor”), Channel 4 shall have the first option to negotiate to acquire such of the rights in the Changed Format Programme(s) as Channel 4 requires for similar programme acquisitions and the Format Distributor shall enter into good faith negotiations with Channel 4 in respect of the same before entering into negotiations with any third party (“Exclusive Negotiating Period”). If Channel 4 and the Format Distributor do not agree terms within the Exclusive Negotiating Period the Format Distributor shall not be entitled to discuss terms for the Changed Format Programme(s) with a third party until 10 days after the expiry of the Exclusive Negotiating Period. Thereafter, the Format Distributor shall not offer any third party more favourable terms than have been last offered to Channel 4 with respect to the relevant right without offering Channel 4 the right to match such terms.
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Related to Expiry of the Format Holdback Period

  • IPO The IPO, in such form and substance as the REIT, in its sole and absolute discretion, shall have determined to be acceptable, shall have been completed (or be completed simultaneously with the Closing).

  • Lock-Up Period Participant hereby agrees that Participant shall not offer, pledge, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase, lend, or otherwise transfer or dispose of, directly or indirectly, any Common Stock (or other securities) of the Company or enter into any swap, hedging or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any Common Stock (or other securities) of the Company held by Participant (other than those included in the registration) for a period specified by the representative of the underwriters of Common Stock (or other securities) of the Company not to exceed one hundred and eighty (180) days following the effective date of any registration statement of the Company filed under the Securities Act (or such other period as may be requested by the Company or the underwriters to accommodate regulatory restrictions on (i) the publication or other distribution of research reports and (ii) analyst recommendations and opinions, including, but not limited to, the restrictions contained in NASD Rule 2711(f)(4) or NYSE Rule 472(f)(4), or any successor provisions or amendments thereto). Participant agrees to execute and deliver such other agreements as may be reasonably requested by the Company or the underwriter which are consistent with the foregoing or which are necessary to give further effect thereto. In addition, if requested by the Company or the representative of the underwriters of Common Stock (or other securities) of the Company, Participant shall provide, within ten (10) days of such request, such information as may be required by the Company or such representative in connection with the completion of any public offering of the Company’s securities pursuant to a registration statement filed under the Securities Act. The obligations described in this Section 4 shall not apply to a registration relating solely to employee benefit plans on Form S-1 or Form S-8 or similar forms that may be promulgated in the future, or a registration relating solely to a Commission Rule 145 transaction on Form S-4 or similar forms that may be promulgated in the future. The Company may impose stop-transfer instructions with respect to the shares of Common Stock (or other securities) subject to the foregoing restriction until the end of said one hundred and eighty (180) day (or other) period. Participant agrees that any transferee of the Option or shares acquired pursuant to the Option shall be bound by this Section 4.

  • Default Not Exceeding 10% of Firm Units or Option Units If any Underwriter or Underwriters shall default in its or their obligations to purchase the Firm Units or the Option Units, if the Over-allotment Option is exercised, hereunder, and if the number of the Firm Units or Option Units with respect to which such default relates does not exceed in the aggregate 10% of the number of Firm Units or Option Units that all Underwriters have agreed to purchase hereunder, then such Firm Units or Option Units to which the default relates shall be purchased by the non-defaulting Underwriters in proportion to their respective commitments hereunder.

  • Initial Period The Initial Period will begin on the date set forth above and will terminate on the earlier of (i) the Commercial Operation Date, or (ii) the Date the Agreement is terminated pursuant to the provisions of Clause 19.

  • Post-IPO Warrants The Post-IPO Warrants, when and if issued, shall have the same terms and be in the same form as the Public Warrants except as may be agreed upon by the Company.