Deferments definition

Deferments or “Deferrals”: Payments for goods or services provided to the Company for/during the development, production and/or distribution of the Series and/or one or more of the Musicals for which either reduced or no compensation will be initially given (so that the payments are paid out of specified portions of the Series’ or one or more of the Musicals’ (as applicable) production budgets or Company receipts before Recoupment), it being understood that the provider of such goods or services will be compensated by the Company for the value of such goods or services solely from the Net Profits (as that term is defined solely in Section 6.1.6. below) in accordance with the provisions of Article VI of this Agreement. (See also, “Producer and Professional Deferrals” below).

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Deferments means arrangements for the deferral of some or all of the costs of goods and/or services in the Production Budget provided by the supplier of such goods and/or services; and

Deferments and "Percentage Participations": Any amounts not -------------------------------------------- included within production costs payable (or advanced) to any individual, corporate entity, partnership, joint venture, organization or other entity, firm or governmental agency ("Party"), including Participant, for rights, services, materials, or facilities granted or used in connection with the Programs, whether as a fixed sum, the payment of which vests upon the expiration of a period of time, the occurrence of a specified event or events, and/or the attainment of a specified level of receipts or profits of the Programs ("Deferment"), or as a percentage of the receipts of the Programs which remain after giving effect to the specified exclusions and deductions ("Percentage Participation"), if any, all as set forth in the agreement providing for such payment, whether or not such Deferment or Percentage Participation is defined or computed in the same manner as set forth in this Exhibit.

Examples of Deferments in a sentence

Deferments may be granted, provided the official notification of Financial Aid ▇▇▇▇▇ ▇▇▇▇▇ an amount sufficient to pay for tuition, fees, and housing in full.
Deferments or Postponement If Your Trip is postponed or deferred due to any of the causes in 1.a) to 1.f) above, We will reimburse You for additional charges incurred to amend Your travel dates.
Deferments are entirely at the discretion of Debitsuccess and will depend on the length of deferment, the current state of your account and your past history.
Securitization Value Percentage Term Extensions Deferments Net Credit (Gain) Loss Current Period Cumulative Agg.
Use of Payment Deferments A payment deferral is offered to customers who have the desire and capacity to make future payments but who have encountered temporary financial difficulties, with management approval.
Deferments are entirely at the discretion of the Club and will depend on the length of deferment, the current state of your account and your past history.
Deferments or Postponement If Your Trip is postponed or deferred due to any of the causes in 1.a) to 1.e) above, We will reimburse You for additional charges incurred to amend Your travel dates.
The term of this Agreement shall be as set forth in the section of this agreement titled "Remittance Period," as may be extended under this Agreement, including by any Deferments.
Use of Payment Deferments ------------------------- A payment deferral is offered to customers who have encountered temporary financial difficulties.
Deferments shall be granted upon application subject to operational requirements and mutual agreement between the Company and the Union.

More Definitions of Deferments

Deferments or "DEFERRALS": Arrangements for the deferral of some or all of the costs of goods and/or services provided by the suppliers of such goods and/or services so that the payments are not a production cost but rather are paid out of specified LLC receipts before or after Recoupment.