Operation of the. Cable Network after the Closing ------------------------------------------------ 8.1 Subscription Fee ---------------- The average subscription fee for the basic package will be NLG 18,73 (eighteen Dutch guilders and seventy-three cents), excluding VAT, per month as at 1 January 1999. That price may be adjusted as of 1 January 1999 to the change in the Consumer Price Index. In so far as UPC owes third parties a compensation as from 1 January 1999 for passing on programmes that are part of the basic package (which includes compensation for copyrights), UPC may then pass on this compensation in the price of the subscription to the basic package. 8.2 Continuation of the Basic Package --------------------------------- UPC will maintain the size of the basic packages consisting of uncoded radio and television programmes that (as evidenced by the channels card) apply at the moment of the offer by UPC, as referred to in the recitals (i.e. 24 May 1996) after the Closing in any event until 1 January 2005, unless legal regulations provide otherwise. Any changes in the programmes offered via the basic package will be presented for advice to the Programme Council, except in so far as otherwise provided by law. 8.3 Programme Council ----------------- The parties will draw up bylaws for the appointment of the members of a programme council (the `Programme Council'). The object of these bylaws is to secure the advice of the Programme Council with regard to the content of the basic package. The bylaws will also provide for the possibility of having the Programme Council work together in a regional context with similar institutes, except in so far as otherwise provided by law. 8.4 Integration with UPC Group Company ---------------------------------- After the Closing (unless it is undesirable from a tax perspective) the activities of SCL, Setelco and Kabeltelevisie Eindhoven N.V. (an UPC Group company) will be concentrated into one legal entity, in which respect the current activities of Setelco will be incorporated into the marketing and sales division for the benefit of the entire integrated company.
Appears in 1 contract
Sources: Sales Agreement (United Pan Europe Communications Nv)
Operation of the. Cable Network after the Closing ------------------------------------------------
8.1 Subscription Fee ---------------- The average subscription fee for the basic package will be NLG 18,73 (eighteen Dutch guilders and seventy-three cents), excluding VAT, per month as at 1 January 1999. That price may be adjusted as of 1 January 1999 to the change in the Consumer Price Index. In so far as UPC owes third parties a compensation as from 1 January 1999 for passing on programmes that are part of the basic package (which includes compensation for copyrights), UPC may then pass on this compensation in the price of the subscription to the basic package.
8.2 Continuation of the Basic Package --------------------------------- UPC will maintain the size of the basic packages consisting of uncoded radio and television programmes that (as evidenced by the channels card) apply at the moment of the offer by UPC, as referred to in the recitals (i.e. 24 May 1996) after the Closing in any event until 1 January 2005, unless legal regulations provide otherwise. Any changes in the programmes offered via the basic package will be presented for advice to the Programme Council, except in so far as otherwise provided by law.
8.3 Programme Council ----------------- The parties will draw up bylaws a statute for the appointment of the members of a programme council (the `Programme Council'). The object of these bylaws this statute is to secure the advice of the Programme Council with regard to the content of the basic package. The bylaws statute will also provide for the possibility of having the Programme Council work together merge in a regional context with similar institutes, except in so far as otherwise provided by law.
8.4 Integration with UPC Group Company ---------------------------------- After the Closing (unless it is undesirable from a tax perspective) the activities of SCL, Setelco and Kabeltelevisie Eindhoven N.V. (an UPC Group company) will be concentrated into one legal entity, in which respect the current activities of Setelco will be incorporated into the marketing and sales division for the benefit of the entire integrated company.
Appears in 1 contract
Sources: Sales Agreement (United Pan Europe Communications Nv)