Common use of General Credit Terms Clause in Contracts

General Credit Terms. All references to "size" however stated, whether as a percentage or otherwise, shall mean height, width, boldness and thickness of the lettering used in the credit and, if applicable, the duration of the credit on screen. No casual or inadvertent failure of MVL or any failure of any other third party to comply with the credit provisions of this Agreement shall constitute a breach of this Agreement by MVL. In the event of MVL's failure to comply with any of its credit obligations hereunder, MVL shall, upon receipt of written notice of such failure, use good faith reasonable efforts to correct such failure in Paid Ads and domestic prints for the applicable Picture on a prospective basis only, i.e., those Paid Ads (if any) or domestic prints (if any), prepared after MVL's receipt of such notice (allowing for adequate time after receipt of notice to implement such correction). All other credit matters shall be determined by MVL in its sole discretion.

Appears in 2 contracts

Samples: Exclusive Cross (Marvel Entertainment, Inc.), Exclusive Cross (Marvel Entertainment, Inc.)

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General Credit Terms. All references to "size" however stated, whether as a percentage or otherwise, shall mean height, width, boldness and thickness of the lettering used in the credit and, if applicable, the duration of the credit on screen. No casual or inadvertent failure of MVL or any failure of any other third party to comply with the credit provisions of this Agreement shall constitute a breach of this Agreement by MVL. In the event of MVL's ’s failure to comply with any of its credit obligations hereunder, MVL shall, upon receipt of written notice of such failure, use good faith reasonable efforts to correct such failure in Paid Ads and domestic prints for the applicable Motion Picture on a prospective basis only, i.e., those Paid Ads (if any) or domestic prints (if any), prepared after MVL's ’s receipt of such notice (allowing for adequate time after receipt of notice to implement such correction). All other credit matters shall be determined by MVL in its sole discretion.

Appears in 2 contracts

Samples: Master Development and Distribution Agreement, Master Development and Distribution Agreement (Marvel Enterprises Inc)

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General Credit Terms. All references to "size" however stated, whether as a percentage or otherwise, shall mean height, width, boldness and thickness of the lettering used in the credit and, if applicable, the duration of the credit on screen. No casual or inadvertent failure of MVL or any failure of any other third party to comply with the credit provisions of this Agreement shall constitute a breach of this Agreement by MVL. In the event of MVL's ’s failure to comply with any of its credit obligations hereunder, MVL shall, upon receipt of written notice of such failure, use good faith reasonable efforts to correct such failure in Paid Ads and domestic prints for the applicable Picture on a prospective basis only, i.e., those Paid Ads (if any) or domestic prints (if any), prepared after MVL's ’s receipt of such notice (allowing for adequate time after receipt of notice to implement such correction). All other credit matters shall be determined by MVL in its sole discretion.

Appears in 1 contract

Samples: License Agreement (Marvel Enterprises Inc)

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