Reimbursement by the Lead Broadcaster Sample Clauses

Reimbursement by the Lead Broadcaster. The Lead Broadcaster having received Development Financing undertakes to and is solely liable for reimbursing in full to the EBU the amount of the Development Financing awarded to its Development Project if and when the necessary funding for the production of the Programme is secured (i.e. once sufficient financial commitment(s) from investor(s) to start the production of the Programme developed in the Development Project will have been obtained) and in any case by no later than the date of when principal photography starts. For the sake of clarity, the Development Financing shall be reimbursed as soon as the production of the Programme is secured even if neither the Lead Broadcaster nor any EBU Member participate in the production. The sum to be reimbursed to the EBU by the Lead Broadcaster shall amount to: - 100% of the Development Financing awarded if EBU Members are involved in the production of the Programme; or - 120% of the Development Financing if no EBU Members are involved in the production of the Programme. For avoidance of doubt, the Development Financing shall not be reimbursed if the Programme is not produced. Should the Programme not eventually be produced, the Lead Broadcaster shall provide the EBU with all supporting documentation to that end, including an undertaking from the Producer to that end confirming that the production will not proceed failure to have obtain the required funding to produce the Programme. The Lead Broadcaster shall inform the EBU as soon as the financing of the production is secured so that the EBU can issue its invoice with respect to such reimbursement. When reimbursing the Development Financing to the EBU, the Lead Broadcaster shall ensure that the EBU receives a net amount corresponding to the amount mentioned above in clause 2.1 and that no taxes or surcharges are deducted (including, but not limited to, any bank transfer fees or any other taxes, fees, or charges whatsoever). The Lead Broadcaster shall reimburse the Development Financing within [30 days] upon receipt of the EBU’s invoice.
Sample 1
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Related to Reimbursement by the Lead Broadcaster

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  • Education Reimbursement The County will provide education reimbursement for education costs incurred by regular employees who apply for such reimbursement in accordance with the policies and procedures governing the education reimbursement program. The maximum reimbursement shall be $1,500 per year.

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