Examples of Completion Guarantor in a sentence
The licensing or other acquisition and cost of any Pre-Existing Material for use in the Film shall be at the sole discretion of Completion Guarantor if Completion Guarantor shall take over Production and Delivery.
In such event, Producer (to the extent of proceeds of all Production Advances, including the Contingency, then-remaining available) or otherwise Completion Guarantor will promptly pay or cause to be paid the amount of any applicable Accelerated Interest and Charges to Beneficiary.
This exclusion shall not prejudice any obligation of Completion Guarantor hereunder to pay any Arbitration Costs or Attorneys’ Fees and Costs, as the case may be.
If Producer or the director shall select any Pre-Existing Material that cannot be licensed or otherwise acquired at a total cost not to exceed the Pre-Existing Material Budget, then Completion Guarantor may require Producer to use alternative Pre-Existing Material unless Producer or a person other than Completion Guarantor shall pay for any such excess costs.
Any adverse movement of currency exchange rates on any amount of any Production Advance or production expenditures by Producer (or in the event Completion Guarantor shall take over Production and Delivery, by Completion Guarantor).