Common use of Completion Bond Clause in Contracts

Completion Bond. The relevant Entertainment Company or Unaffiliated Production Company has in effect a completion bond guaranteeing the completion and delivery of each Film In Progress according to its terms.

Appears in 3 contracts

Sources: Letter of Intent (P&f Acquisition Corp), Stock Purchase Agreement (Metromedia International Group Inc), Stock Purchase Agreement (P&f Acquisition Corp)

Completion Bond. The relevant Entertainment Company or --------------- Unaffiliated Production Company has in effect a completion bond guaranteeing the completion and delivery of each Film In Progress according to its terms.

Appears in 1 contract

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