Common use of Distributor’s Assumption Agreement Clause in Contracts

Distributor’s Assumption Agreement. (a) If the Producer, its successors and assigns, licenses, sells, disposes or otherwise conveys any distribution rights in a Production produced under the Agreement, the Producer shall use its best efforts to obtain a Distributor’s Assumption Agreement. In respect of any outright valid sale or conveyance hereunder (i.e. a disposition, the terms of which, do not include a requirement to report revenue to a Producer), a Distributor’s Assumption Agreement is a condition precedent to said sale or conveyance. The said agreement shall be in the form attached as Schedule 13.

Distributor’s Assumption Agreement. (a) If the Producer, its successors and assigns, licenses, sells, disposes or otherwise conveys any distribution rights in a Production produced under the Agreement, the Producer shall use its best efforts to obtain a Distributor’s Assumption Agreement. In respect of any outright valid sale or conveyance hereunder hereunder, (i.e. a disposition, the terms of which, do not include a requirement to report revenue to a Producer), ) a Distributor’s Assumption Agreement is a condition precedent to said sale or conveyance. The said agreement shall be in the form attached as Schedule 13.

Distributor’s Assumption Agreement. (a) If the Producer, its successors and assigns, licenses, sells, disposes or otherwise conveys any distribution rights in a Production produced under the Agreement, the Producer shall use its best efforts eforts to obtain a Distributor’s Assumption Agreement. In respect of any outright valid sale or conveyance hereunder (i.e. a disposition, the terms of which, do not include a requirement to report revenue to a Producer), a Distributor’s Assumption Agreement is a condition precedent to said sale or conveyance. The said agreement shall be in the form attached as Schedule 13.