Common use of Changed Approvable Elements Clause in Contracts

Changed Approvable Elements. Any Approvable Elements depicted or contained in the Submitted Materials to which MRI does not object to in writing during the Approval Period shall be deemed to be approved by MRI. Once MRI approves, or is deemed to have approved, any Approvable Element contained or depicted in Submitted Materials, MRI shall not have any further approval rights regarding such Approvable Elements, unless the depiction of such Approvable Elements in materials subsequently prepared by MVL deviates from the depiction thereof which was approved or deemed approved by MRI ("Changed Approvable Element"). If MRI contends that any materials prepared by MVL contain a Changed Approvable Element to which MRI objects, then within the applicable Approval Period following MRI's first receipt or viewing of the material containing the Changed Approvable Element, MRI will provide MVL with a written Disapproval Notice stating with specificity: (i) the nature of the applicable Approvable Element; (ii) a description of the alteration of such Approvable Element from the version theretofore approved or deemed approved by MRI; (iii) the manner in which such Approvable Element is not acceptable; and (iv) any modifications which would render the Approvable Element acceptable to MRI. Any Changed Approvable Element to which MRI does not deliver a Disapproval Notice to MVL within the applicable Approval Period following MVL's first receipt or viewing of the material containing the Changed Approvable Element shall be deemed to be approved by MRI. MRI shall not have any further approval rights regarding such Approvable Element unless there is a further change to such Approvable Element from the Changed Approvable Element which was approved or deemed approved by MRI, in which event the procedure set forth in this Section 9.4.2 shall be repeated. Any Approvable Element or Changed Approvable Element depicted or contained in the Submitted Materials to which Marvel duly objects in writing during the applicable Approval Period shall be deemed to be a "Disapproved Element."

Changed Approvable Elements. Any Approvable Elements depicted or contained in the Submitted Materials to which MRI does not object to in writing during the Approval Period shall be deemed to be approved by MRI. Once MRI approves, or is deemed to have approved, any Approvable Element contained or depicted in Submitted Materials, MRI shall not have any further approval rights regarding such Approvable Elements, unless the depiction of such Approvable Elements in materials subsequently prepared by MVL deviates from the depiction thereof which was approved or deemed approved by MRI ("“Changed Approvable Element"”). If MRI contends that any materials prepared by MVL contain a Changed Approvable Element to which MRI objects, then within the applicable Approval Period following MRI's ’s first receipt or viewing of the material containing the Changed Approvable Element, MRI will provide MVL with a written Disapproval Notice stating with specificity: (i) the nature of the applicable Approvable Element; (ii) a description of the alteration of such Approvable Element from the version theretofore approved or deemed approved by MRI; (iii) the manner in which such Approvable Element is not acceptable; and (iv) any modifications which would render the Approvable Element acceptable to MRI. Any Changed Approvable Element to which MRI does not deliver a Disapproval Notice to MVL within the applicable Approval Period following MVL's ’s first receipt or viewing of the material containing the Changed Approvable Element shall be deemed to be approved by MRI. MRI shall not have any further approval rights regarding such Approvable Element unless there is a further change to such Approvable Element from the Changed Approvable Element which was approved or deemed approved by MRI, in which event the procedure set forth in this Section 9.4.2 shall be repeated. Any Approvable Element or Changed Approvable Element depicted or contained in the Submitted Materials to which Marvel duly objects in writing during the applicable Approval Period shall be deemed to be a "“Disapproved Element."”