Common use of Negative Cost Statements Clause in Contracts

Negative Cost Statements. If requested by the Administrative Agent, with respect to each item of Product having a Production Exposure of US$3,000,000 or more which is produced by or under the control of any Credit Party and each Designated Picture deliver to the Administrative Agent, within thirty (30) days after each such item of Product is Completed (and after the last episode of the season for a television series has been Completed), a tentative negative cost statement, and within 120 days after each such item of Product is Completed (and after the last episode of the season for a television series has been Completed), a final negative cost statement.

Negative Cost Statements. If requested by the Administrative Agent, with respect to each item of Product having a Production Exposure of US$3,000,000 U.S.$20,000,000 or more which is produced by or under the control of any Credit Party and each Designated Picture Party, deliver to the Administrative Agent, within thirty (30) days after each such item of Product is Completed (and after the last episode of the season for a television series has been Completed), a tentative negative cost statement, and within 120 days after each such item of Product is Completed (and after the last episode of the season for a television series has been Completed), a final negative cost statement.

Negative Cost Statements. If requested by the Administrative Agent, with With respect to each item of Product having a Production Exposure of US$3,000,000 or more which is produced by or under the control of any Credit Party and each Designated Picture Picture, deliver to the Administrative Agent, within thirty (30) days after each such item of Product is Completed (and after the last episode of the season for a television series has been Completed), a tentative negative cost statement, and within 120 days after each such item of Product is Completed (and after the last episode of the season for a television series has been Completed), a final negative cost statement.