Common use of Contract Binding Clause in Contracts

Contract Binding. With respect to commercials produced within the jurisdiction of the Union, this Contract shall be binding on the signatories hereto and all parties who by reason of mergers, consolidations, reorganizations, sale, assignments or the like shall succeed to or become entitled to a substantial part of the production business of any signatory. Each Producer agrees that its signature to this Contract shall likewise bind domestic subsidiary advertising agencies and producers engaged in the production of commercials within the jurisdiction of the Union (including “House Agencies” of advertiser signatories); provided, however, if such subsidiary produces commercials for local advertisers in cities in which the Union has a local contract to represent the Union, then such Union local contract shall apply; and provided further that if there are no such local contracts, then this Contract shall not apply to such subsidiary with respect to local production for local advertisers in that area.

Contract Binding. With respect to commercials produced within the jurisdiction of the Union, this Contract shall be binding on the signatories hereto and all parties who by reason of mergers, consolidations, reorganizations, sale, assignments or the like shall succeed to or become entitled to a substantial part of the production business of any signatory. Each Producer agrees that its signature to this Contract shall likewise bind domestic subsidiary advertising agencies and producers engaged in the production of commercials within the jurisdiction of the Union (including “House Agencies” of LQFOXGLQJ ³+RXVH $JHQFLHV´ RI advertiser signatories); provided, however, if such subsidiary produces commercials for local advertisers in cities in which the Union has a local contract to represent the Union, then such Union local contract shall apply; and provided further that if there are no such local contracts, then this Contract shall not apply to such subsidiary with respect to local production for local advertisers in that area.

Contract Binding. With respect to commercials produced within the jurisdiction of the Union, this Contract shall be binding on the signatories hereto and all parties who by reason of mergers, consolidations, reorganizations, sale, assignments or the like shall succeed to or become entitled to a substantial part of the production business of any signatory. Each Producer agrees that its signature to this Contract shall likewise bind domestic subsidiary advertising agencies and film producers engaged in the production of film commercials within the jurisdiction of the Union (including “House Agencies” of advertiser signatories); provided, however, if such subsidiary produces commercials for local advertisers in cities in which the Union has a local contract to represent the Union, then such Union local contract shall apply; and provided further that if there are no such local contracts, then this Contract shall not apply to such subsidiary with respect to local production for local advertisers in that area.