Production Agreement Sample Clauses

Production Agreement. If upon the expiration of this Agreement the Company shall have carried out its obligations hereunder to the satisfaction of the Government and shall have successfully established to the Government that the development of a mine from ore reserves established within the Licensed Area is economically and financially feasible, then the Government shall grant to the Company the first option to (i) acquire a License for the purposes of mining gold in the Licensed Area, and (ii) participate in a mining Project in the Licensed Area subject to negotiation with the Government of satisfactory terms for such licence and participation.

Production Agreement. The term "Production Agreement," as defined in Paragraph 1.1 of the Original Agreement shall mean and refer to the Production Agreement as originally defined, and all amendments, extensions and restatements thereof made from time to time by the parties, including, without limitation, the Second Amended and Restated Production Agreement being entered into contemporaneously with this Second Amendment.

Production Agreement. Buyer shall have entered into an agreement satisfactory to Buyer, in its sole discretion, with BCII.

Production Agreement. Company shall have such number of separate, consecutive and irrevocable options to renew the term of such Production Agreement as equal one (1) less than the number of Commitment Albums remaining to be delivered (including any Commitment Albums for option periods as to which Company has not yet exercised its option) in satisfaction of the Recording Commitment hereunder as of the date such individual becomes a Leaving Member, but in no event shall there be fewer than two (2) such options. Each such option shall give Company the right to renew the term of such Production Agreement upon the same terms and conditions applicable to the initial period thereof, except as specifically set forth herein. Each such option period shall commence upon the expiration of the immediately preceding period of the term of such Production Agreement and shall expire, subject to paragraph 7(a) of such Production Agreement, nine (9) months after the date on which Producer delivers to Company the Masters constituting the Recording Commitment for such option period. Each such option may be exercised by Company giving Producer notice at any time prior to the expiration of the then-current period of the term of such Production Agreement. (ii) During the initial period and each option period of such Production Agreement, Producer's Recording Commitment shall be one (1) album. (iii) With respect to the Commitment Album for the initial period of such Production Agreement, Company shall pay to Producer an advance (inclusive of all recording costs) of Two Hundred Fifty Thousand Dollars ($250,000), payable in accordance with paragraph 3(c) of such Production Agreement as if such sum were the Sales Advance for such album and the Qualifying Date for the Previous Album had occurred prior to the commencement of recording. With respect to each Commitment Album for the first and each subsequent option period, if any, of such Production Agreement, Company shall pay to Producer a Sales Advance which is calculated in the same manner and subject to the same Minimum Advance and Maximum Advance as the Sales Advance set forth in paragraph 3(b) of this agreement for the corresponding Commitment Album hereunder but based on royalties accrued to Producer's royalty account with respect to the Previous Album under such Production Agreement (e.g., the Sales Advance for the Commitment Album to be delivered in the third option period of such Production Agreement shall be based on royalties accrued to Producer'...

Production Agreement. Buyer and Seller shall have entered into and delivered to Escrow Agent the Production Agreement attached as Exhibit F.

Production Agreement. 4.1. At such time as SPONSOR determines that it needs quantities of 4- HC for purposes other than drug development purposes, CTRC RESEARCH and SPONSOR agree to negotiate in good faith toward the execution of a definitive, commercially reasonable agreement pursuant to which CTRC RESEARCH will provide at least [**] percent ([**]%) of SPONSOR's requirements of 4-HC beyond the requirements contemplated by this Agreement. In conducting these negotiations, SPONSOR shall be considered as acting in good faith even though it bargains for reasonable time, quality and production requirements. During these negotiations, CTRC RESEARCH must be able to demonstrate to SPONSOR its ability to comply with reasonable 4 requirements of SPONSOR regarding quality, time and production for the production of 4-HC. Such agreement shall also require that all of the product provided to SPONSOR shall be synthesized at a facility of CTRC RESEARCH or its affiliate (as defined in Section 4) meeting all applicable requirements of the United States Food and Drug Administration for GMP manufacturing facilities. 4.2. Should CTRC RESEARCH and SPONSOR be unable to reach a definitive agreement after the completion of good faith negotiations, SPONSOR may seek to obtain a good faith, bona fide preliminary offer, proposal or bid (the "Bid") from a third party to synthesize 4-HC for SPONSOR which Bid contains at least the essential elements for an agreement to synthesize 4-HC. CTRC RESEARCH shall have the option to match the Bid upon the same terms and conditions as proposed by the third party as they relate to the provision of at least [**] percent ([**]%) of SPONSOR's requirements of 4-HC for non-research purposes. SPONSOR shall provide CTRC RESEARCH written notice of the terms of and conditions of he Bid and CTRC RESEARCH shall have thirty (30) days to exercise its option to match the Bid to synthesize the 4-HC by providing written notice to SPONSOR. Nothing in this Section 4, however, shall prevent SPONSOR from entering into an agreement with a third party for the remaining [**] percent ([**]%) of SPONSOR's 4-HC requirements. 4.3. CTRC RESEARCH shall have the right to assign the rights in this Section 4 to an affiliate of CTRC RESEARCH, Lipitek, Inc. (provided it is owned in whole or in part by Alexxxxxx X. Xxxx, Xx.D.) or a third party which is approved by SPONSOR. An affiliate of CTRC RESEARCH shall be any entity that directly or indirectly, through one or more intermediaries, in whole or in p...

Production Agreement. The language of the 1990 CTV/ACTRA Agreement has been replaced as follows.

Production Agreement. The transactions contemplated by the Production Contract shall be consummated concurrent with the transactions contemplated by this agreement.

Production Agreement. A standard programme production agreement to be used by the BBC when commissioning programmes from independent producers has been agreed with PACT. The Agreement sets out the General Terms that will apply to such commissions and provides for incorporation of the Special Terms that have been agreed between the independent and the BBC in relation to the programme, including the primary rights licence fee. The Standard Programme Production Agreement, which includes the Commissioning Specification, now incorporates new provisions around Editorial Standards, agreed with Pact in April 2008. These changes are shown in red on the relevant documents available on the right of this page. Answers to some FAQs on the Safeguarding Trust training introduced with these new clauses can be found on the Compliance page.

Production Agreement. 3.1 Each Production Agreement shall provide details regarding the pricing of the Product(s) and the parties acknowledge that it is intended that the pricing of the Products will result in a gross margin to CIC of between 20 to 30 percent. The Production Agreements shall also set forth provisions for the establishment of appropriate accounting systems for cash management, sales reconciliations and inventory sales guarantees by TDNT to CIC as well as deal with such matters as are set forth in Exhibit A hereto. 3.2 A Production Agreement will provide that delivery, including delivery later than the date or dates provided in a Production Agreement, shall not constitute a breach of the Production Agreement and shall not entitle TDNT to terminate the Production Agreement or to any other remedy, unless CIC has guaranteed the date of delivery in a warranty set out in the Production Agreement. The Production Agreement shall also contain provisions relating to force majeur events. 3.3 The Production Agreement will also provide that CIC shall: (a) properly pack, mark and ship the Products in accordance with all of XXXX'x xequirements; (b) provide, with each shipment, packing slips with TDNT's order number marked thereon; and 3.4 The Production Agreement will provide that all risk of loss or damage in the Products shall pass to TDNT when the Products are delivered to TDNT and the parties expressly agree that until CIC has been paid in full (in cash or cleared funds) for the Products, the following provisions shall apply: (a) legal and beneficial ownership of the Products shall remain with CIC; (b) TDNT shall hold any of the Products that come in to its possession as bailee for CIC and that a fiduciary relationship exists between the parties; (c) TDNT shall keep the Products separate and in good condition as a fiduciary of CIC, clearly showing CIC's ownership of the Products; (d) CIC shall be entitled to inspect the Products and may recover all or any part thereof at any time from TDNT of any Products that are in TDNT's possession and for that purpose CIC, its servants and agents may enter upon any land or building upon or in which the Products are situated; (e) TDNT shall have the right to dispose of the Products (as between it and its customers only), upon payment for same to CIC, as principal in the ordinary course of its business provided that where TDNT is paid by its customers TDNT holds the proceeds of sale to the extent of the amount owing by TDNT to CIC at the...