Common use of Financial Assurances Clause in Contracts

Financial Assurances. SAG-AFTRA may, in its sole discretion, require financial assurances with respect to the Project. If Producer fails to fully provide any required financial assurances, SAG-AFTRA will have the right to withhold Performers’ services on the Project until the requirements are fully satisfied. In the event Producer transfers any of its rights in the Project, Producer must deliver to SAG- AFTRA a fully-executed Distributor’s Assumption Agreement or Buyer’s Assumption Agreement.

Appears in 3 contracts

Sources: Ultra Low Budget Project Agreement, Ultra Low Budget Project Agreement (Upa), Ultra Low Budget Project Agreement

Financial Assurances. SAG-AFTRA may, in its sole discretion, require financial assurances with respect to the Project. If Producer fails to fully provide any required financial assurances, SAG-AFTRA will have the right to withhold Performers’ services on the Project until the requirements are fully satisfied. In the event Producer transfers any of its rights in the Project, Producer must deliver to SAG- AFTRA a fully-executed Distributor’s Distributors Assumption Agreement or Buyer’s Buyers Assumption Agreement.

Appears in 2 contracts

Sources: Short Project Agreement, Short Project Agreement

Financial Assurances. S SAG-AFTRA may, in its sole discretion, require financial assurances with respect to the Project. If Producer fails to fully provide any required financial assurances, SAG-AFTRA will have the right to withhold Performers’ services on the Project until the requirements are fully satisfied. In the event Producer transfers any of its rights in the Project, Producer must deliver to SAG- AFTRA a fully-executed Distributor’s Distributors Assumption Agreement or Buyer’s Buyers Assumption Agreement.

Appears in 1 contract

Sources: Short Project Agreement