Covered Picture definition

Covered Picture means (a) once transferred to the Credit Parties in accordance herewith, the Existing Pictures; and (b) any other Picture that has been (or is intended to be) produced, acquired or co-financed by a Credit Party which: (i) is scheduled to be Completed no later than the Maturity Date, (ii) is not expected to be a documentary, a concert film or a recording of a live stage play, (iii) is expected to have dialogue predominately in the English language, (iv) receives or is expected to receive an MPAA rating not more restrictive than “R” (or the equivalent thereof), (v) if an Unsold Rights Credit with respect to such Picture is or will be included in the Borrowing Base, is expected to satisfy (upon Completion) any applicable qualification requirements set forth in the applicable Domestic Distribution Agreement, (vi) in the case of a theatrical Picture, is expected to have a running time of not less than ninety (90) minutes and not more than one hundred and fifty (150) minutes (including main and end titles), (vii) in the case of a Picture that is not a theatrical Picture, is expected to have a running time of not less than sixty (60) minutes and not more than one hundred and fifty (150) minutes (including main and end titles), and (viii) either (A) is subject to an Approved Co-Financing Agreement with a Major Studio, or (B) the applicable Credit Party either (1) owns a share of the copyright and distribution rights of such Picture at least in proportion to such Credit Party’s contribution to the Direct Negative Costs of such Picture (either directly or through a special purpose vehicle approved pursuant to Section 5.11(b) below); or (2) obtains a first priority perfected security interest in the copyright and distribution rights from the applicable Approved Co-Financier subject to a Co-Financing Intercreditor Agreement.
Sample 1

Examples of Covered Picture in a sentence

  • Parties and Party Politics in India, Oxford University Press, New Delhi, 2001Jafferlot, Christophe, The Hindu Nationalist Movement In India, Part I& II, Penguin India, New Delhi, 1996.

  • The Estimated Cost Statement delivered as part of the Notice Materials for a Covered Picture shall be in substantially the form of Exhibit 2.3 attached hereto.

  • Such Covered Picture and the Rights related thereto transferred to Purchaser on the Initial Investment Date will not, and there has been no claim that the Covered Picture or the Rights infringe upon, violate or conflict with any rights whatsoever of any Person.

  • The Year 1 MELP will be updated once the baseline and employment multiplier are complete in FY2.

  • UL also concluded that the large damper installations at WBN provide adequate protection for their HVAC penetration.

  • If FilmCo elects not to have such Reduced Back-End Picture be a Covered Picture then the Reduced Back-End Picture shall be an Excluded Picture for all purposes of the Transaction Documents.

  • Except as set forth in Section 1.6.6, LGF shall not be obligated to sell to Purchaser and Purchaser shall not be required to purchase the Rights for any Covered Picture after the termination of Investment Period or, with respect to Sequels, after the termination of the Sequel Investment Period, if applicable.

  • With respect to Reduced Back-End Pictures that are not Scheduled Pictures and that otherwise satisfy each of the Covered Picture Criteria, FilmCo shall have the right to elect to have such Reduced Back-End Picture be a Covered Picture.

  • LGF and the LGE Affiliates shall provide to Purchaser, with a courtesy copy to FundCo and the Administrative Agent, copies of any audits performed by LGF or any LGE Affiliate related to the Purchase Price of or any Gross Receipts (including any deductions or payments from Gross Receipts) in respect of any Covered Picture.

  • Notwithstanding anything in this Agreement to the contrary, Purchaser (x) shall have no Purchase Obligations and LGF shall have no Sale Obligations during any Suspension Period or after the occurrence of a Stop Funding Event, and (y) shall not be required to acquire the Rights to any Covered Picture if, after giving effect to such acquisition, the FundCo Aggregate Investment Amount would be in excess of the Maximum Investment Amount.

Related to Covered Picture

  • Covered Project means and includes any project which consists of one or more of the following:

  • Motion picture means a nationally or internationally distributed

  • Covered Program means an education program or activity over which the College exercised substantial control over both the Respondent and the context in which the sexual harassment occurred.

  • Covered Product The consumer product that You purchased concurrently with and is covered by this Agreement.

  • Covered Products means Your Applications, Libraries, Passes, Safari Extensions, Safari Push Notifications, and/or FPS implementations developed under this Agreement.

  • Covered Property is the address stated on your Agreement Coverage Summary Page. • “Domestic-grade” Items are those that were designated by the manufacturer, manufactured and marketed solely for installation and use in a residential single family dwelling.

  • Covered position means a position in which the employee must be a member of the retirement

  • Adult motion picture theater means a commercial establishment where, for any form of consideration, films, motion pictures, video cassettes, slides, or similar photographic reproductions are regularly shown which are characterized by the depiction or description of "specified sexual activities" or "specified anatomical areas."

  • Picture element means an elemental area of a tomogram.

  • Licensed service area means the geographic area in which the home service provider is authorized by law or contract to provide commercial mobile radio service to the customer.

  • Massive Multiauthor Collaboration Site (or “MMC Site”) means any World Wide Web server that publishes copyrightable works and also provides prominent facilities for anybody to edit those works. A public wiki that anybody can edit is an example of such a server. A “Massive Multiauthor Collaboration” (or “MMC”) contained in the site means any set of copyrightable works thus published on the MMC site.

  • Licensed Product means a product, method or service in the Licensed Field of Use, the making, having made, using, importing or selling of which, absent this license, infringes, induces infringement, or contributes to infringement of a Licensed Patent.

  • Unlicensed person means any person who is not a licensed dealer under this chapter.

  • Hemp product means the same as that term is defined in § 3.2-4112.

  • Third Party Product means a product (whether hardware, software or services) supplied to you by a third party;

  • Collaboration Product means a pharmaceutical product containing or comprising Compound in any dosage form alone, or in combination with, one or more other pharmaceutically active ingredients, and any and all Improvements thereto.

  • Licensed Content means those articles or other parts of a Licensed Title which form part of the content licensed (including all content published during the Subscription Period to which access and use rights are granted under this Licence, and including all Previously Subscribed Material).

  • Licensed physician means a person licensed to practice

  • Covered policy means a policy of commercial risk insurance, professional liability insurance or public entity insurance.

  • Licensed Service means a service provided using Licensed Products or Licensed Methods, including, without limitation, any such service provided in the form of contract research or other research performed by Licensee on behalf of a third party.

  • Performance Indicator means a measure of HSP performance for which a Performance Target is set; technical specifications of specific Performance Indicators can be found in the MSAA Indicator Technical Specifications document;

  • Diagnostic Product means any test or assay for diagnosing or detecting a disease, disorder, medical condition, or symptom.

  • Licensed Program means the executable processing programs of licensed information, which is composed of various modules in the Licensed Software package provided by the Licensor.

  • Video programming means programming provided by, or generally considered comparable to programming provided by, a television broadcast station.

  • Collaboration Compound means any of the following: (a) FG-4592, (b) any HIF Compound (other than FG-4592) that is added to this Agreement pursuant to Section 3.6, and (c) any salts, esters, complexes, chelates, crystalline and amorphous morphic forms, pegylated forms, enantiomers (excluding regioisomers), prodrugs, solvates, metabolites and catabolites of any of the foregoing ((a) or (b)).

  • Licensed person means an individual who is licensed or otherwise legally authorized to practice a professional service by a court, department, board, commission, or an agency of this state or another jurisdiction, any corporation or professional services corporation all of whose shareholders are licensed persons, any partnership all of whose partners are licensed persons, or any limited liability company all of whose members and managers are licensed persons.