Eligible production company means that term as defined under section 455 of the Michigan business tax act, 2007 PA 36, MCL 208.1455.
Eligible production company or "company" means an entity in the business of producing qualified productions or for interactive games in the business of developing interactive games, but does not include an entity that is more than 30% owned, affiliated, or controlled by an entity or individual who is in default on a loan made by this state, a loan guaranteed by this state, or a loan made or guaranteed by any other state. For an interactive game, an eligible production company need not possess ownership of or legal control over all of the intellectual property rights or other rights necessary to complete the qualified production in its entirety nor be the same entity that distributes or publishes the interactive game.
Eligible production company means a corporation, partnership, limited liability company, or other business entity engaged in the business of producing qualified productions on a one-time or ongoing basis, and qualified by the Secretary of the State to engage in business in the state.
More Definitions of Eligible production company
Eligible production company or "company" means an entity in the business of producing qualified productions, but does not include an entity that is more than 30% owned, affiliated, or controlled by an entity or individual who is in default on a loan made by this state, a loan guaranteed by this state, or a loan made or guaranteed by any other state.
Eligible production company means that term as defined in section 455.
Eligible production company means an entity in the business of producing qualified productions.
Eligible production company means a corporation, partnership,
Eligible production company means a company, including its subsidiaries, engaged in the business of producing qualified motion pictures; but shall not include any company which is in default, or which is affiliated with, or owned or controlled, in whole or in part, by any person in default, on taxes owed to the state or on a loan made or guaranteed by the state.
Eligible production company means a production company that has, as of the date an SPE Group Member acquires its ownership thereof, been an active operating entity for at least two years and that has produced at least one motion picture that has been theatrically released in the Territory, and that has a pre-existing, as of the date that an SPE Group Member first commences substantive negotiations to acquire such production company, Pay Television output agreement for the Territory, which output agreement does not encumber such production company’s motion pictures for more than five years (based on Pay Television availability dates) after the date such production company is acquired by an SPE Group Member (or which output agreement does not extend more than five years (based on Pay Television availability dates) into the Term, with respect to a production company acquired by an SPE Group Member prior to the commencement of the Term). If Licensor acquires an Eligible Production Company, Licensor shall be required to deliver to STE not less than the Minimum Output Number of Pictures in each Year during the Term in which such Eligible Production Company’s output agreement remains in effect. The “Minimum Output Number of Pictures” shall be determined by taking the total number of motion pictures theatrically released by the primary theatrical distribution arm of Licensor and licensed by Licensor for Pay Television exhibition during the three Years prior to the year in which an SPE Group Member acquires such Eligible Production Company, dividing such number by three and then subtracting two from the result and rounding such result to a whole number (decimals up to .5 shall be rounded down and decimals .5 and over shall be rounded up). With respect to each Year during the Term in which the Eligible Production Company’s output agreement remains in effect, not later than 30 days after the end of such Year, Licensor shall pay to STE an amount equal to $20 million (provided, that if such payment relates to any motion picture with an Initial Theatrical Release in 2012 or 2013, such amount shall be equal to $17.5 million) multiplied by the difference between the Minimum Output Number of Pictures and the actual number of Pictures theatrically released by the primary theatrical distribution arm of Licensor that have their First License Period commence in such Year, provided, that no such payment will be due if (i) the number of Pictures that have their First License Period commence in such Year is...
Eligible production company means “Eligible production company” as defined in subsection (a) of section 12-217jj of the Connecticut General Statutes.