Carolco definition
Examples of Carolco in a sentence
Carolco and Metro have agreed to insulate and protect Metro from any extant or future liabilities and from involvement in any legal issues which may exist or arise between and among S & G Holdings d/b/a High Five Entertainment (“the Company”), Brick Top Productions (“Brick Top”) and Carolco Pictures, Inc.
Carolco and Metro have executed the Agreement regarding the Purchase and Sale of S & G Holdings, Inc.
All causes of action, claims, and other actions asserted by third parties against Carolco with which Carolco has been served in regard to the Assets have been reported to Transamerica Insurance Group ("TIG"), Carolco's insurance carrier, during the policy period in which the causes of action, claims, or other actions were made.
The following shall be added at the end of Paragraph 1(i) of the Distribution Agreement: "Notwithstanding anything to the contrary contained herein, Distributor's use of the "Carolco Home Video" tradename and logo shall be limited to use in packaging, advertising and promotional materials that pertain to Videocassettes which Company has, prior to the date of the Fourth Amendment, chosen or shall, after the date of the Fourth Amendment, choose to market bearing the "Carolco Home Video" tradename and logo.
Carolco and Metro have executed the Purchase and Sale Agreement regarding the Purchase and Sale of S & G Holdings, Inc.
Carolco's obligations under this Agreement shall constitute administrative expense liability of Carolco and its estate under Bankruptcy Code Sections 507(a)(1) and 503(b)(1)(A).
Fox agrees that it shall not file a claim or complaint or bring a cause of action against a Carolco director who, in good faith and after sufficient evaluation and analysis, and in compliance with his fiduciary duty, votes to approve or accept a Competing Offer.
However, if payments, penalties and/or fees resulting from undisclosed Tax Liabilities are levied upon the Company, upon presentation of documentation of Metro shall have the right to deduct such payments, penalties and/or fees from the Purchase Price and such amounts shall be treated as delivered to Carolco hereunder as Future Payments under 2.02.b.ii.
At the Closing, Carolco shall deliver to Fox such executed and, if required, notarized documents of transfer for the Assets which Fox may reasonably request, including without limitation, if Fox elects to purchase the Studio, a bill of sale and a grant deed f▇▇ ▇he real property owned by the Studio, and an assignment of personal property, and assignment of leases, contracts, and other rights associated with the Studio as requested by Fox.
Schedule 8.5 also sets forth all proceedings, demands or claims (including governmental proceedings, demands or claims) pending or threatened in writing against Carolco to the best of Carolco's knowledge which are material to Carolco or this Agreement.