Completion Agreement Clause Samples
POPULAR SAMPLE Copied 4 times
Completion Agreement. If the employer requires the project to be completed without a project item, the parties to the contract shall sign a project completion agreement. The project completion agreement shall clearly state that the parties to the contract shall settle the completed qualified project and pay the corresponding contract price in accordance with the provisions of Section 14.1 [Application for Completion Settlement] and Section 14.2 [Completion Settlement Review].
Completion Agreement. Is really not an agreement, rather, it is a series of unilateral undertakings & grants by the producer. The guarantor is not really agreeing to do anything, other than issue the completion guarantee in the first place. Among other things the producer will do the film as it is suppose to be done & the producer will enter into key agreements with people of which the guarantor will have approval over (p.87 para.2(b) CB). The guarantor may then disapproval an agreement where there is a “stop date” or not a “payer pay” clause in such an agreement.