Production Agreement Sample Clauses

Production Agreement. All contracts concerning rights in the Work, including the Ancillary Rights, will be in duplicate each party will received a copy thereof. Neither party will enter into any agreement concerning the rights to the completed Works unless that agreement provides that all sums due to each party under the agreement will be paid directly to that party or as provided in the Agency Agreement.

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

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. 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 Alex▇▇▇▇▇ ▇. ▇▇▇▇, ▇▇.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. 4.1 The Production shall be carried out in accordance with the terms and conditions of the Production Agreement and this Agreement. In the event of any inconsistency between the terms of the Production Agreement and this Agreement regarding the performance of the work, the Production Agreement shall prevail, subject to clauses 4.3 and 4.4 below. 4.2 Each Participant shall be responsible for fulfilling the obligations prescribed in Schedule 3 in accordance with the terms of the Production Agreement, subject to clauses 4.3 and 4.4 below. 4.3 The allocation of the Joint Venture's obligations between the Participants in accordance with Schedule 3 can be amended by agreement of the Participants. 4.4 Any alterations or additions to the Production to be carried out under the Production Agreement shall be made only upon demand from Customers in accordance with the Production Agreement. Responsibility for carrying out additional obligations shall be agreed by the Participants.

Production Agreement. In this type of agreement, the sponsor agrees to provide for services either fully or partially and to bear the risk of output but agrees to make payment to the farmer for his services. The output risk lies on the sponsor in this case.

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

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