Obligations of Master Distributor After Replacement Sample Clauses

Obligations of Master Distributor After Replacement. Anything in this Agreement to the contrary notwithstanding, any replacement of the Master Distributor pursuant to this Section 3 shall not terminate or otherwise adversely affect the then existing Distribution Agreements of any Subdistributor (including each Studio Distribution Agreement with the Studio Distributor) in respect of the Film Rights with respect to the Completed Films or relieve the Master Distributor or any other Marvel Company of its obligations hereunder and under the other Transaction Documents or any Completion Bond (except to the extent that the appointment of a replacement Master Distributor in respect of such Film Rights and Gross Receipts in respect thereof pursuant to Section 3(h) deprives the Master Distributor of the authority and/or power to perform such obligations or causes the performance of such obligations by the Master Distributor to be mutually exclusive of the performance of such obligations by the replacement Master Distributor). Notwithstanding the foregoing, if the Master Distributor is replaced pursuant to Section 3(h), the Master Distributor shall be relieved from its obligations hereunder with respect to any further distribution of the Film Rights with respect to the Completed Films (other than in respect of damages, if any, arising from any Master Distributor Default and any obligations of the Master Distributor arising from acts or omissions or otherwise relating to the period prior to such replacement); provided, however, that such replacement shall be made without prejudice to any amounts accrued and owing to MPROD under the Transaction Documents or the Ancillary Documents, and without altering, modifying, supplementing or changing the provisions of Section 3.01(c) of the Credit Agreement.
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Related to Obligations of Master Distributor After Replacement

  • Dispositions of Equipment No Borrower shall sell, lease or otherwise dispose of any Equipment, without the prior written consent of Agent, other than (a) a Permitted Asset Disposition; and (b) replacement of Equipment that is worn, damaged or obsolete with Equipment of like function and value, if the replacement Equipment is acquired substantially contemporaneously with such disposition and is free of Liens.

  • Liability for Specific Obligations The Administrator will be liable only for its specific obligations under this Agreement. All other liability is expressly waived and released as a condition of, and consideration for, the execution of this Agreement by the Administrator. The Administrator will be liable for its willful misconduct, bad faith or negligence in performing its obligations under this Agreement.

  • Initial Advance to Each Designated Subsidiary The obligation of each Lender to make an initial Advance to each Designated Subsidiary is subject to the receipt by the Agent on or before the date of such initial Advance of each of the following, in form and substance reasonably satisfactory to the Agent and dated such date:

  • Incidents of Sale of Equipment Notes Upon any sale of all or any part of the Equipment Notes made either under the power of sale given under this Agreement or otherwise for the enforcement of this Agreement, the following shall be applicable:

  • Performance and Compliance with Receivables and Contracts At its expense, timely and fully perform and comply with all material provisions, covenants and other promises, if any, required to be observed by the Issuer under the Contracts related to the Receivables.

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