Approval of Picture Budgets Sample Clauses

Approval of Picture Budgets. A budget for each Picture (the "Picture Budget") shall be established as provided in this subparagraph (c). Pixar shall be responsible for proposing a Picture Budget and submitting it to Disney. The Development Budget for the Picture shall be included in the Picture Budget for the Picture. Pixar and Disney will seek to reach mutual agreement on the Picture Budget within sixty (60) days after submission by Pixar. If Pixar and Disney are unable to reach agreement on the Picture Budget within that period of time, the decision of Pixar as to the Picture Budget shall govern, so long as such Picture Budget does not exceed [ * ] percent ([*]%) of the largest Picture Budget for any prior Picture (determined on the basis of the originally approved Picture Budget for such Picture plus [*] percent ([*]%) of any approved increases or overages in such Picture Budget), whether released or in production, provided that the facilities
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Approval of Picture Budgets. A budget for each Picture (the "Picture Budget") shall be established as provided in this subparagraph (c). Pixar shall be responsible for proposing a Picture Budget and submitting it to Disney. The Development Budget for the Picture shall be included in the Picture Budget for the Picture. Pixar and Disney will seek to reach mutual agreement on the Picture Budget within sixty (60) days after submission by Pixar. If Pixar and Disney are unable to reach agreement on the Picture Budget within that period of time, the decision of Pixar as to the Picture Budget shall govern, so long as such Picture Budget does not exceed [ * ] percent ([*]%) of the largest Picture Budget for any prior Picture (determined on the basis of the originally approved Picture Budget for such Picture plus [*] percent ([*]%) of any approved increases or overages in such Picture Budget), whether released or in production, provided that the facilities ------- [*] Certain information on this page has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to the omitted portions. -10- 15 allocation in such budget shall not exceed [*] percent ([*]%) of the facilities allocation in the Picture Budget for the immediately preceding Picture. The Picture Budget may be revised from time to time during production of the Picture upon written mutual agreement of Disney and Pixar, and when so revised such revised Picture Budget shall be deemed the Picture Budget of such Picture. No charges for Disney services or personnel shall be charged to the Picture except those services or personnel separately contracted for by Pixar (or the production entity established by Pixar). (ii)
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Related to Approval of Picture Budgets

  • Development Budget Attached hereto as Exhibit "B" and incorporated herein by this reference is the Development Budget in an amount equal to $_____________. Owner acknowledges and represents that the attached Development Budget includes the total costs and expenses to acquire, develop, renovate and construct the Real Property and the Apartment Housing.

  • APPROVAL OF PLANS AND SPECIFICATIONS The Plans and Specifications will conform to the requirements and conditions set out by applicable law or any effective restrictive covenant, and to all governmental authorities which exercise jurisdiction over the Leased Premises or the construction thereon.

  • Business Plan and Budget As soon as available, but in any event no later than forty five (45) days after the end of each fiscal year of the Borrower, an annual business plan and budget of the Borrower and its Subsidiaries on a Consolidated basis, including forecasts prepared by management of the Borrower, in form reasonably satisfactory to the Lender, of Consolidated balance sheets and statements of income or operations and cash flows of the Borrower and its Subsidiaries on a quarterly basis for the then current fiscal year. As to any information contained in materials furnished pursuant to Section 6.02(d), the Borrower shall not be separately required to furnish such information under Sections 6.01(a) or (b) above, but the foregoing shall not be in derogation of the obligation of the Borrower to furnish the information and materials described in Sections 6.01(a) and (b) above at the times specified therein.

  • Approval of Plans Landlord will not check Tenant drawings for building code compliance. Approval of the Final Plans by Landlord is not a representation that the drawings are in compliance with the requirements of governing authorities, and it shall be Tenant’s responsibility to meet and comply with all federal, state, and local code requirements. Approval of the Final Plans does not constitute assumption of responsibility by Landlord or its architect for their accuracy, sufficiency or efficiency, and Tenant shall be solely responsible for such matters.

  • Approval of Agreements Not to enter into, modify, amend or terminate any Lease or any other material agreement with respect to the Property, which would encumber or be binding upon the Property from and after the Closing Date, without in each instance obtaining the prior written consent of the Purchaser.

  • Approval of Agreement The Board of Directors of the Company has authorized the execution and delivery of this Agreement by the Company and has approved this Agreement and the transactions contemplated hereby.

  • Development Plans 4.3.1 For each Licensed Indication and corresponding Licensed Product in the Field, Licensee will prepare and deliver to Licensor a development plan and budget (each a “Development Plan”). The initial Development Plans for each Licensed Indication will be delivered within […***…] after the Grant Date for such Licensed Indication.

  • Annual Business Plan and Budget As soon as practicable and in any event not later than thirty (30) days after the end of each Fiscal Year, a business plan and operating and capital budget of the Borrower and its Subsidiaries for the ensuing four (4) fiscal quarters, such plan to be prepared in accordance with GAAP and to include, on a quarterly basis, the following: a quarterly operating and capital budget, a projected income statement, statement of cash flows and balance sheet, calculations demonstrating projected compliance with the financial covenants set forth in Section 9.15 and a report containing management’s discussion and analysis of such budget with a reasonable disclosure of the key assumptions and drivers with respect to such budget, accompanied by a certificate from a Responsible Officer of the Borrower to the effect that such budget contains good faith estimates (utilizing assumptions believed to be reasonable at the time of delivery of such budget) of the financial condition and operations of the Borrower and its Subsidiaries for such period.

  • Approval of Plan Approval of the Plan by the Commissioner of Internal Revenue as referred to in 17.1 means a continuing approval sufficient to establish that the Plan and related trust(s) are at all times qualified and exempt from income tax under Section 401(a) and other applicable provisions of the Internal Revenue Code of 1986, and that contributions made by the Company under the Plan are deductible for income tax purposes in accordance with law. The cognizant governmental authorities referred to in 17.1 include, without limitation, the Department of Labor, the Pension Benefit Guaranty Corporation and the Securities and Exchange Commission, and their approval means their confirmation with respect to any matter within their regulatory authority that the Plan does not conflict with applicable law.

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