Common use of Clearances Clause in Contracts

Clearances. The relevant Entertainment Company or Unaffiliated Production Company has obtained proper and effective licenses or grants of authority to use the results and proceeds of the services of performers and other Persons connected with the production of the Films In Progress to the extent reasonably necessary or desirable to exercise all rights of such Entertainment Company therein.

Appears in 3 contracts

Samples: Stock Purchase Agreement (P&f Acquisition Corp), Stock Purchase Agreement (Metromedia International Group Inc), Stock Purchase Agreement (P&f Acquisition Corp)

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Clearances. The relevant Entertainment Company or Unaffiliated Production Company has obtained proper and effective licenses or grants of authority to use the results and proceeds of the services of performers and other Persons connected with the production of the A Films In Progress to the extent reasonably necessary or desirable to exercise all rights of such Entertainment Company therein.

Appears in 1 contract

Samples: Stock Purchase Agreement (Metromedia International Group Inc)

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Clearances. The relevant Entertainment Company or Unaffiliated ---------- Production Company has obtained proper and effective licenses or grants of authority to use the results and proceeds of the services of performers and other Persons connected with the production of the Films In Progress to the extent reasonably necessary or desirable to exercise all rights of such Entertainment Company therein.

Appears in 1 contract

Samples: Stock Purchase Agreement (Metro-Goldwyn-Mayer Inc)

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