Common use of Theatres in Arrears‌ Clause in Contracts

Theatres in Arrears‌. Where Equity can demonstrate that a Theatre is substantially or repeatedly in arrears with remittances (see Clause 16:17), as stipulated in the CTA, Equity shall have the right to increase the amount of security required. Where Equity requires an increase to the amount of security, the Theatre shall immediately provide such an increase. However, if the Theatre disputes the increase, it may, after having provided the increase, have recourse to the provisions of Article 52:00 for the relief of this requirement.

Appears in 6 contracts

Samples: Canadian Theatre Agreement, Theatre Agreement, Canadian Theatre Agreement

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Theatres in Arrears‌. Where Equity can demonstrate that a Theatre is substantially or repeatedly in arrears with remittances (see Clause 16:17), as stipulated in the CTAITA, Equity shall have the right to increase the amount of security required. Where Equity requires an increase to the amount of security, the Theatre shall immediately provide such an increase. However, if the Theatre disputes the increase, it may, after having provided the increase, have recourse to the provisions of Article 52:00 for the relief of this requirement.

Appears in 5 contracts

Samples: Theatre Agreement, Theatre Agreement, Theatre Agreement

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Theatres in Arrears‌. Where Equity can demonstrate that a Theatre is substantially or repeatedly in arrears with remittances (see Clause 16:17)RRSP and insurance payments, as stipulated in the CTAAgreement, Equity shall have the right to increase the amount of security required. Where Equity requires an increase to the amount of security, the Theatre shall immediately provide such an increase. However, if the Theatre disputes the increase, it may, after having provided the increase, have recourse to the provisions of Article 52:00 Clause 49 for the relief of this requirement.

Appears in 1 contract

Samples: negotech.labour.gc.ca

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