P&A Commitment definition

P&A Commitment. Grantor shall spend no less than Two Hundred Thousand Dollars ($200,000.00) (the “Grantor P&A Commitment”) solely in connection with the print, marketing, advertising and publicity costs for LGF’s Theatrical release of the Picture in the Territory. The Grantor P&A Commitment shall be spent pursuant to a mutually approved budget (to be negotiated in good faith by the parties) (the “P&A Budget”). Any print and advertising expenditure in connection with the initial commercial theatrical release of the Picture in excess of the Grantor P&A Commitment shall be subject to mutual written approval between the parties, which approval shall not be unreasonably withheld by Grantor and shall be deemed rejected if not given within five (5) days of Grantor’s receipt of LGF’s written request for such approval. If any such additional print and advertising costs are paid for by LGF, such costs shall be recoupable as Distribution Expenses pursuant to the terms of Paragraph 7 hereinbelow.
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P&A Commitment shall have the meaning set forth in the first WHEREAS clause of this Agreement.
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Examples of P&A Commitment in a sentence

  • In the event the Film shall gross less than Twelve Million Five Hundred Thousand Dollars ($12,500,000) of DBO in its initial domestic theatrical release weekend, then Lender may in its sole and absolute discretion, upon written request by Borrowers received within two (2) Business Days of the reporting of such DBO, finance an Additional P&A Commitment of an amount less than Two Million Five Hundred Thousand Dollars ($2,500,000), under the same terms and conditions as the P&A Commitment.

  • Subject to and upon fulfillment of the conditions set forth in Section 3 hereof, which shall be applicable to each Loan, the Loan made pursuant to the Additional P&A Commitment shall be made upon written or faxed notice from Borrowers to Lender, specifying the date and amount of such Loan, which notice shall be substantially in the form of the Borrowing Certificate.

  • Company shall retain one hundred percent (100%) of direct, out-of-pocket costs actually paid by the Company or the Third Party P&A Funder in connection with the P&A Commitment in excess of Three Million Dollars ($3,000,000), if any.

  • As additional consideration for providing the P&A Commitment, Lender shall be granted in perpetuity the licensing and distribution rights in all media, excluding Christian Television, in the territory of Russia as defined by the Independent Film and Television Alliance pursuant to the terms of the Russian Distribution Agreement, the form of which is attached hereto as Exhibit Q.

  • Notwithstanding the foregoing, Borrowers shall pay a Five Percent fee in the amount of Three Hundred Thousand Dollars ($300,000.00) and, in the event that Lender makes the Additional P&A Commitment, an additional fee of One Hundred Twenty-Five Thousand Dollars ($125,000), each payable jointly to ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇, a.k.

  • The P&A Commitment shall be exclusive of any potential monetary contribution to the advertising for the Picture from Microsoft.

  • To the Third Party P&A Funder, if any, one hundred percent (100%) of direct, out-of-pocket costs actually contributed by the Third Party P&A Funder in connection with the P&A Commitment including the NMF Fee Advance, such amount not to exceed Three Million Dollars (as a point of clarification, there shall be no double recoupment.

  • As between Company and Distributor, Company is solely responsible for any and all financing and/or funding of the P&A Commitment for the Theatrical Release.

  • Notwithstanding the foregoing, Borrowers shall pay a Five Percent fee in the amount of Three Hundred Thousand Dollars ($300,000.00) and, in the event that Lender makes the Additional P&A Commitment, an additional fee of One Hundred Twenty-Five Thousand Dollars ($125,000), each payable jointly to R▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇, a.k.

  • Company shall spend not less than Five Hundred Thousand Dollars (i.e., US$500,000.00) of the P&A Commitment solely for an ACADEMY AWARD ® campaign for a Best Actress nomination for ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ (“Campaign Commitment’).