Initial Approval or Disapproval Sample Clauses
Initial Approval or Disapproval. MVL shall, during the development or production of a Picture, or in the case of the Co-Promotion/Commercial Tie-In Rights set forth in Section 8 after production of a Picture, submit to MRI stories, screenplays, special effects tests, storyboards, dailies and other materials in which Approvable Elements are depicted or contained ("Submitted Materials"). If any such Submitted Materials are disapproved by MRI, MRI shall within the applicable Approval Period (as defined below) inform MVL in writing ("Disapproval Notice"), stating with specificity: (i) whether any Approvable Element is disapproved; (ii) the reason for any such disapproval; and (iii) any modifications which would render the submitted Approvable Element acceptable to MRI.
Initial Approval or Disapproval. SPE shall, during the development or production of a Picture, submit to Marvel screenplays, storyboards, special effects tests, dailies or other materials in which Approvable Elements are depicted or contained ("Submitted Materials"). If any such Submitted Materials are disapproved by Marvel, Marvel shall within the applicable “Approval Period” inform SPE in writing (“Disapproval Notice”), stating with specificity: (A) whether any Approvable Element is disapproved by Marvel; (B) the manner in which such Approvable Element materially deviates from the Marvel Handbook and other Publications in which such Character has appeared on or before the date such disapproval is given; (C) the manner in which such Approvable Element is not acceptable to Marvel; and (D) any modifications which would render such Approvable Element acceptable to Marvel. . Failure to attend any dailies or screenings of which Marvel or the Marvel Designee has reasonable notice constitutes a waiver of objections to any Approvable Element(s) first appearing therein.
