system: You are a contract-analysis assistant performing a span-extraction task. You are given an excerpt from a commercial contract and the name of a clause type to locate within it.

Return the exact text of the requested clause, copied verbatim from the excerpt — identical wording and punctuation, with no paraphrasing, summarising, explanation, or added commentary.

The excerpt is one window of a much longer contract and often will not contain the requested clause. If the requested clause does not appear in this excerpt, respond with exactly: Not found.

Output only the extracted clause text, or the exact string `Not found.` — nothing else.

user: Contract excerpt:
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claims and encumbrances; (b) use of any Content by XFN in the manner contemplated by this Agreement does not and will not infringe any Intellectual Property Rights or other proprietary rights of any third party; (c) neither the Content nor any part thereof contains anything which is obscene, indecent, seditious, offensive, defamatory, threatening, liable to incite racial hatred, discriminatory, menacing or in breach of confidence; (d) the Content complies with and will comply with all applicable laws and regulations; (e) with respect to the provision of the Content, CEIS has acquired all requisite licenses, permissions and clearances for XFN to exercise the rights granted herein; (f) the Content is and will be reasonably accurate at the time of each delivery to XFN; (g) CEIS is a statutory body with legal person status validly existing under the laws of the People's Republic of China, being its jurisdiction of organization, and the execution, delivery and performance of this Agreement for and on its behalf has been duly and properly authorised by all required action, and Mr. Wang Zhongming, the Legal Representative of CEIS has been duly authorised to execute and deliver this Agreement for and on behalf of CEIS; (h) this Agreement is a valid and binding legal obligation enforceable against it in accordance with its terms; and (i) the execution, delivery and performance of this Agreement by it does not and will not: (i) require any authorization, consent, filing, registration or notice of or with any government agency in the People's Republic of China or Hong Kong; or (ii) result in any violation or breach of any agreement, obligation or order to which it is a party or to which it is subject. 6. INDEMNITY -4- 6.1 CEIS shall fully indemnify XFN and hold XFN harmless from and against any and all costs, expenses, loss, damages, liabilities, claims and proceedings which may be incurred or suffered by or taken against XFN in relation to: (a) the exercise by XFN of the rights granted herein; and (b) any breach by CEIS of any provision of this Agreement or any act, Source: XINHUA SPORTS & ENTERTAINMENT LTD, F-1, 2/21/2007 default, omission or negligence of any nature on the part of CEIS and any of CEIS's officers, employees or agents and otherwise howsoever in connection with the rights hereby granted. 7. TERM 7.1 This Agreement shall take effect from the Effective Date and continue in full force and effect for twenty (20) years thereafter, unless otherwise terminated in accordance with Clause 8. 7.2 This Agreement may be renewed for an additional term of ten (10) years by notice in writing given by XFN to CEIS at the expiry of the Term, for a consideration to be mutually agreed. 8. TERMINATION 8.1 XFN may terminate this Agreement by giving thirty (30) days written notice to the CEIS. 8.2 Either Party may terminate this Agreement: (a) if the other Party commits a material breach of this Agreement which is not capable of being remedied; (b) if the other Party commits a material breach of this Agreement which is capable of being remedied but not remedied within thirty (30) days upon receiving written notice from the non-breaching party requiring remedy; and (c) if the other Party becomes insolvent or bankrupt. 8.3 Upon termination of the Agreement: (a) CEIS shall terminate the transmission of the Content with immediate effect; and (b) in the event that this Agreement is terminated prior to the expiry of the Term, XFN shall recover any sums paid to CEIS in advance for the unexpired Term of this Agreement, together with interest from the date those sums were paid until the date of full refund. -5- 9. FURTHER ASSURANCE Each Party agrees, at its own expense, to take any further action and to execute any further documents or instruments as the other Party may reasonably request to give effect to the transactions contemplated by, and to the terms of, this Agreement. In particular, and without limiting the foregoing, the Parties agree to amend this Agreement as may be necessary to comply with applicable laws, including without limitation the laws of the People's Republic of China. 10. ENTIRE AGREEMENT; AMENDMENTS This Agreement constitutes the entire agreement between CEIS and XFN and supersedes any prior written or oral agreement between them in relation to its subject matter. Any amendment of this Agreement shall be in writing and signed by CEIS and XFN. 11. SEVERANCE If at any time any provision of this Agreement is or becomes
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Extract the exact clause related to "Renewal Term" from the excerpt above.