Fintage definition
Examples of Fintage in a sentence
All monies due and payable hereunder shall be received by a mutually approved, third party collection account such as Compact Collections, Fintage or Freeway (hereby approved).
All sums payable by third parties pursuant to each Exploitation Agreement and or otherwise in connection with the Picture shall be paid to a collection account managed by a third party collection agent (e.g., Fintage House) mutually approved by the parties (the "Collection Account").
CAS may direct that Commercial Exploitation Gross Revenues be directed through one or more collection account(s) of a reputable collection agent (e.g., Fintage House or Freeway) (each a “CAM”), including that all required performance royalties, residuals, third party participations, customary off-the-top expenses and other corridors are to be directly paid to such third parties by such collection agent.
The principal business of Fintage is investment holding and it has not carried out any business apart from those relating to the Share Subscription.
The net loss for the year ended 30 June 2005 was mainly due to the impairment losses of film rights and films in progress, written-off Pursuant to the Subscription Agreement, BIG agreed to allot and issue to Fintage and Fintage agreed to subscribe a total of 150,000,000 new shares of BIG at a consideration of HK$30,000,000 in cash.
Fintage is a company incorporated in the British Virgin Islands and an indirect wholly-owned subsidiary of the Company.
A collection account for the Picture (the “Collection Account”) will be established by ▇▇▇▇▇▇ with Fintage House or any successor collection agent replacing Fintage House (the “Collection Agent”) to collect all worldwide gross receipts from exploitation of the Picture from any and all sources.
Fintage House or Freeway CAM BV are hereby approved as the Collection Agent whose fee shall not exceed 1%.
Freeway and Fintage House are hereby pre-approved as collection account manager.
Fintage House is approved as the Collection Agent whose fee shall not exceed 1%.