Material Elements definition

Material Elements means the proposed director, lead actor and amount of the budget for the Qualifying Picture. LGF shall have until 5:00 p.m. on the eighth (8th) business day following provision of the First Refusal Notice by Grantor (the “Exercise Period”) to notify Grantor in writing (an “Exercise Notice”) that LGF is exercising its right to negotiate in good faith to acquire the U.S. Rights and/or the Foreign Rights. If LGF so exercises its Right of First Refusal with respect to the U.S. Rights and/or with respect to the Foreign Rights, LGF shall thereupon be obligated to negotiate with Grantor in good faith for a period of ten (10) business days (“Negotiation Period”).
View Source
Material Elements means the proposed director, lead actor and amount of the budget for the Qualifying Picture. The Company shall have until 5:00 p.m. on the eighth (8th) business day following provision of a First Refusal Notice by Amin (the "Exercise Period") to notify Amin in writing (an "Exercise Notice") that the Company is exercising its right to negotiate in good faith to acquire the U.S. Rights and/or the Foreign Rights. If the Company so exercises its Right of First Refusal with respect to the U.S. Rights and/or with respect to the Foreign Rights, the Company shall thereupon be obligated to negotiate with Amin in good faith for a period of ten (10) business days ("Negotiation Period").
View Source

Examples of Material Elements in a sentence

  • Material Elements of Charter and Renewal Applications Incorporated.

  • For purposes of this Agreement, a “substantial change” in the Material Elements pertaining to a Qualifying Picture shall mean (i) any change in the proposed director or lead actor or (ii) a decrease of more than 10% in amount of the proposed budget.

  • By way of clarification, in such event, Sobini would, among other things, not be require to provide a subsequent First Refusal Notice to the Company with respect to a Qualifying Picture, even if the Material Elements of such Qualifying Picture were to change substantially subsequent to the time such agreement is entered into.

  • For purposes of this Agreement, "Material Elements" shall mean the proposed director, lead actor and amount of the budget for the Qualifying Picture.

  • This Contract, the Performance Frameworks (as discussed in Material Elements of Charter and Renewal Applications Incorporated.

  • Grantor shall notify LGF in writing of any Qualifying Picture (a “First Refusal Notice”) setting forth a description of the Material Elements.

Related to Material Elements

  • Material means material in relation to the business, operations, affairs, financial condition, assets or properties of the Company and its Subsidiaries taken as a whole.

  • Material Real Property means any fee owned Real Property located in the United States that is owned by any Loan Party with a fair market value in excess of $10,000,000 (at the Closing Date or, with respect to Real Property acquired after the Closing Date, at the time of acquisition, in each case, as reasonably estimated by the Borrower in good faith).

  • material hoist means a hoist used to lower or raise material and equipment, excluding passengers; "medical certificate of fitness" means a certificate contemplated in regulation 7(8);

  • Material Equipment means such equipment, which, acting in accordance with a Reasonable and Prudent Standard, the Generator could reasonably be expected to have ordered and/or concluded a supply agreement in respect of in accordance with the Target Commissioning Date, and in any event, such equipment shall include the electricity generating engines.

  • material relationship means one actually known of a personal, familial or business nature between the Broker and affiliated licensees and a client which would impair their ability to exercise fair judgment relative to another client.