CMX definition
Examples of CMX in a sentence
CMX may provide a portion of its funding obligation by means of goods and services required for the production of the Picture.
Such deposit will, for the purposes of this Agreement, be deemed payment to CMX of the amount deposited (computed at the rate of exchange quoted in The Wall Street Journal at the time such deposit is made) and MEI shall have no further liability to CMX in connection with any monies so deposited.
MEI shall use good faith efforts to make use of CMX owned and/or operated production facilities in connection with the Picture, provided such facilities are available at the time required by MEI and are at rates no higher than comparable facilities otherwise available to MEI.
MEI shall promptly deliver to CMX, upon MEI's receipt of same, complete and accurate copies of all accountings and evidence of payment received by or on behalf of MEI (and/or the Collection Account) with respect to any Exploitation Agreements, including, but not limited to, all third party accounting statements, checks, wire transfer notice or other remittance notice in any way relating to any Exploitation Agreements or otherwise relating to the Picture.
Any Exploitation Agreement not approved by CMX shall be null and void.
MEI does not guarantee the performance of any Exploitation Agreement, and shall not be liable or responsible to CMX for failure to collect any amount becoming payable under the terms of any Exploitation Agreements, but MEI will use commercially reasonable efforts to enforce all Exploitation Agreement and collect all sums due thereunder .
CMX shall have the right to inspect and examine the delivery materials.
LICENSEE shall furnish QUALCOMM within [***] after the end of each calendar quarter a report, signed by a responsible official of LICENSEE, showing the transactions and corresponding CMX, MMV and QBT Unit volumes during said calendar quarter and any other information as may be reasonably requested by QUALCOMM.
All notices shall be in writing and shall be sent to the parties at the following addresses: If to MEI: If to CMX: Miracle Entertainment, Inc.
In connection with the foregoing, MEI irrevocably assigns to CMX in perpetuity, by means of a present and future assignment of copyright, a one-half undivided interest in the worldwide copyright (and all related extension, renewals, revivals and resuscitations) in and to the Picture and all underlying materials (including, without limitation, the Screenplay).