Common use of Lack of Diversification Clause in Contracts

Lack of Diversification. The Company is formed solely for the purpose of developing, producing and exploiting the Picture. Therefore, the financial performance of the Company is solely dependent upon the success of its Picture. In addition, the financial performance of the investment in Company is dependent upon the ability of Company to complete the Picture in a timely and cost-effective manner, the ability of Company to obtain successful theatrical distribution of the Picture and the ultimate audience appeal of the Picture if and when completed.

Appears in 3 contracts

Samples: Investor Agreement, Investor Agreement, Investor Agreement

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Lack of Diversification. The Company is formed solely for the purpose of developing, producing producing, and exploiting the PicturePicture and other films funded in a similar manner. Therefore, the financial performance of the Company is solely dependent upon the success of its Picture. In addition, the financial performance of the investment in Company is dependent upon the ability of Company to complete the Picture in a timely and cost-effective manner, the ability of Company to obtain a successful theatrical distribution of the Picture and the ultimate audience appeal of the Picture if and when completed.

Appears in 1 contract

Samples: Investor Agreement

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Lack of Diversification. The Company is formed solely for the purpose of developing, producing producing, and exploiting the Picture. Therefore, the financial performance of the Company is solely dependent upon the success of its Picture. In addition, the financial performance of the investment in Company is dependent upon the ability of Company to complete the Picture in a timely and cost-effective manner, the ability of Company to obtain a successful theatrical distribution of the Picture and the ultimate audience appeal of the Picture if and when completed.

Appears in 1 contract

Samples: Agreement

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