Concept Approval Clause Samples

Concept Approval. Prior to creating or designing any Licensed Product, Promotional Product, packaging therefore or any other materials bearing any of the Licensed Works and Marks, LICENSEE shall provide LICENSOR for its approval written notice detailing the proposed concept for same, including but not limited to the specific use proposed, the particular Licensed Works and Marks to be used, the dates of planned distribution or use, locations for distribution or use, trade channels for distribution or use, estimated number of units to be distributed or used, and estimated sales, as applicable. LICENSEE shall seek concept approval from LICENSOR at least three months before the planned start of manufacture of a Licensed Product, Promotional Product, packaging therefor or commencement of a promotional campaign.

Concept Approval. As a condition precedent to Universal's obligation to accept delivery of a Picture hereunder, ▇▇▇▇▇▇ agrees to obtain Universal's approval of the concept of each theatrical motion picture project ("Project") Beacon contemplates producing during the Term ("Concept Approval"). To obtain Concept Approval, at such time as Beacon chooses in its sole discretion, ▇▇▇▇▇▇ agrees to submit to the Motion Picture Group Chairman (presently ▇▇▇▇▇ ▇▇▇▇▇▇) or his designee, the concept of the Project, plus any additional material information about the project then known. Universal agrees to approve or disapprove the Project based on the information provided within * . If Universal disapproves, Beacon will have the right to offer the Project to another distributor. If the concept as presented to Universal materially changes, Beacon will resubmit the Project to Universal for Concept Approval.

Concept Approval. Licensee shall be responsible for and shall obtain from the appropriate console and handheld manufacturing entities concept and manufacturing approval for the Title.