Completed Film definition

Completed Film means a Licensee Live-Action Motion Picture or Licensee Hybrid Motion Picture that was produced (i.e., pre-production has commenced), acquired and/or released by Holding Company prior to expiration or termination of this License Agreement pursuant to Paragraph 3 below, or a Licensee Live-Action Motion Picture or Licensee Hybrid Motion Picture that Holding Company executed a binding agreement to acquire or co-produce prior to expiration or termination of this License Agreement pursuant to Paragraph 3 below.
View Source
Completed Film means a “Picture” as defined in the MVL License Agreement, for which all Adverse Claims arising during the production of such Completed Film have been released, other than Permitted Liens, and with respect to which the Studio Distributor has received and accepted all Mandatory Delivery Items (as defined in the applicable Completion Bond) listed on the Delivery Schedule for such Picture which are required to enable the Studio Distributor to cause the initial domestic theatrical wide release thereof to occur, as acknowledged in writing by the Studio Distributor.
View Source

Examples of Completed Film in a sentence

  • MVL hereby exclusively grants and licenses on a worldwide basis to the Master Distributor, to the fullest extent of MVL’s interest therein, the Distribution Rights with respect to each Completed Film.

  • With respect to each Completed Film, the Master Distributor shall use its good faith efforts to cause the Studio Distributor to remit Gross Receipts, if any, and in accordance with the terms of the applicable Distribution Agreement, directly to the Collection Account after Deducting at Source its permitted deductions as specified below.

  • The Home Video Distribution of each Completed Film shall be on a simultaneous sell-through and rental basis.

  • In the event that MVL exercises its right to replace the Master Distributor, the obligations of the Master Distributor under subsections (a) and (b) above shall continue and the Master Distributor shall continue to maintain, enforce and exercise quality control of any Licensed Marks with respect to each Completed Film.

  • The Theatrical Distribution and the Home Video Distribution of each Completed Film in the United States shall be through a Major Studio.

  • If the sale of the Reserved Foreign Distribution Rights does not achieve such target, the Master Distributor shall attempt in good faith to make up the shortfall by, at its election, entering into other Co-Financing Transactions for such Completed Film.

  • With respect to each Completed Film, the Master Distributor shall use its good faith efforts to cause each Subdistributor with respect to the Reserved Distribution Rights to remit Gross Receipts, if any, directly to the Collection Account after Deducting at Source its permitted deductions as specified in the Distribution Agreement applicable to such Subdistributor.

  • The right to exercise the “Co-Promotion/Commercial Tie-In Rights”, as defined in the MVL License Agreement, with respect to such Completed Film.

  • The Master Distributor further agrees, at the expense of MVL, to protect and defend such copyrights and other related properties (including the Property contained in such Completed Film) against any and all infringements thereof, in each case in accordance with then current industry practices and applicable Law and in the reasonable judgment of MPROD.

  • The Theatrical Distribution of each Completed Film in the United States and the other Geographical Territories shall be a “wide release” (as such term is defined in the Paramount Agreement).