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Completion Sums definition

Completion Sums collectively means all amounts which are from time to time directly or indirectly advanced or expended by or on behalf of UniFi or Completion Guarantor in connection with the Film or Production and Delivery including in controlling, preventing, or suppressing any risk (whether actual or perceived) the Film may not be completed on schedule and budget, or properly and timely delivered as contemplated, and all other amounts owing to, due to, secured to or in favor of, Completion Guarantor under the terms of the Completion Guaranty, any other Completion Documents, and/or otherwise in connection with the protection and/or enforcement of Completion Guarantor’s Rights and/or the Collateral, including all principal, fees (including, without limitation, attorneys’ fees), costs, charges, expenses, reimbursement obligations, indemnities, guarantees, and loss adjustment expenses, together with Interest thereon from the time such amounts are advanced or expended through the date such amounts are recovered in full by Completion Guarantor, provided that Completion Sums shall exclude the general overhead and administrative expenses of Completion Guarantor including the salaries of
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Completion Sums means all sums advanced or expended by the Completion Guarantor pursuant to the Completion Agreement and/or the Completion Guaranty to cover costs, expenses, claims, demands, and losses incurred by the Completion Guarantor to complete and deliver the Series under the terms thereof.
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Completion Sums collectively means all sums which are advanced or expended by or on behalf of Completion Guarantor pursuant to any Completion Documents to cover fees, costs, expenses, charges, claims, demands, and/or losses (including loss adjustment expenses) incurred by Completion Guarantor in connection with Production and Delivery either in the performance of its obligations or in the exercise, performance, enforcement or protection of its rights, interests, and obligations together with Interest thereon from the time such sums are advanced through the date such sums are recovered in full by Completion Guarantor, provided that Completion Sums shall exclude the general overhead and administrative expenses of Completion Guarantor including the salaries of its regular employees and its general office expenses except for an allowance for salaried adjusters or other salaried officers or employees diverted from normal duties to field services directly related to claims adjustment (whether or not a loss payment is made) and/or the enforcement or protection of Completion Guarantor’s rights, interests, and obligations under any Completion Documents.
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Examples of Completion Sums in a sentence

  • Completion Sums will be fully recoverable as provided in the Completion Agreement or by other agreement by and between Producer and Completion Guarantor, subject, if applicable, to the terms of the Interparty Agreement.

  • The termination of or release of Completion Guarantor’s obligations hereunder shall not affect Completion Guarantor’s right to recover all Completion Sums.

  • Beneficiary agrees that, as between Beneficiary and Completion Guarantor, Completion Guarantor is solely entitled to any Excess Incentives until Completion Guarantor’s full recoupment of all Completion Sums after payment of Incentives to Beneficiary until the Repayment Date applicable to Beneficiary.

  • The termination or release of Completion Guarantor’s obligations under the Completion Documents shall not affect Completion Guarantor’s right to recoup Completion Sums.

  • Completion Sums will be irrevocably and fully recoupable as herein provided.

  • Upon Default (such Default not having previously been cured or waived in writing), all Completion Sums and all other sums payable by Producer to Completion Guarantor under this Agreement shall become immediately due and payable including Interest thereon from the date of the payment by Completion Guarantor to the date of payment by Producer.

  • Completion Guarantor has the right to incur or advance Completion Sums at any time at its sole discretion.

  • Completion Guarantor’s liability to Beneficiary hereunder shall be unaffected by Completion Guarantor’s election to advance Completion Sums.

  • If Beneficiary shall collect any such Excess Incentives, then Beneficiary will promptly pay such Excess Incentives to Completion Guarantor until Completion Guarantor’s full recoupment of all Completion Sums.

  • Producer shall promptly and directly pay, or cause any applicable third-party that shall receive Excess Incentives to promptly and directly pay, any such Excess Incentives to Completion Guarantor until Completion Guarantor’s full recoupment of all Completion Sums.


More Definitions of Completion Sums

Completion Sums means all sums advanced or expended by the Completion Guarantor pursuant to the Completion Agreement and/or the Completion Guaranty to cover costs, expenses, claims, demands, and losses incurred by the Completion Guarantor to complete and deliver Season Two under the terms thereof.
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Related to Completion Sums

  • construction supervisor means a competent person responsible for supervising construction activities on a construction site;

  • Construction sign means a sign which identifies the architect, engineers, contractors and other individuals or firms involved with the construction of a building, or announces the character of the building or enterprise, which is erected during the building construction period.

  • construction site means a workplace where construction work is being performed;

  • Project Completion Schedule means the progressive Project Milestones set forth in Schedule-J for completion of the Project Highway on or before the Scheduled Completion Date;

  • Completion Schedule means the fulfilment of the Related Services by the Supplier in accordance with the terms and conditions set forth in the Contract;

  • Construction Completion Date means date of the completion of the Construction Period, which shall be at the expiry of a period of 24 (Twenty Four) months from the Compliance Date or such other date (with the consent of the Authority) by which the overall development of the Project is completed in accordance with the provisions of this Concession Agreement and when the Construction Completion Certificate is issued by Authority as per Article 14.1.

  • Completion Statement has the meaning given to that term in the Co-ordination Agreement; Conditions has the meaning given to that term in the Co-ordination Agreement;

  • Construction Completion Certificate means the certificate issued under ARTICLE 14.

  • Completion of Services means..................................................

  • Termination Sum means the percentage of the Tariff payable by the Client to the Service Provider pursuant to Clause 18.4 and as set out in Appendix B; and

  • Construction Work means any work in connection with⎯

  • Contracting Body Satisfaction Survey shall have the meaning set out in Clause 18.1;

  • Contract Documents means the documents listed in the Contract Agreement, including any amendments thereto.

  • Study Completion means the database for the Study has been locked and all Essential Documents have been provided to the Sponsor, including a copy of the letter from the Reviewing HREC acknowledging receipt of the final report and/or closure letter from the Principal Investigator.

  • Final Completion means the date determined and certified by A/E and Owner on which the Work is fully and satisfactorily complete in accordance with the Contract.

  • Construction Documents means the plans, specifications, approved change orders, revisions, addenda and other information approved by the City, which set forth in detail the Work to be performed for a construction Project.

  • Completion of Construction means the date, as determined by the Division after consultation with the Recipient, that the work of building and erection of the Project is substantially complete, and is identified in Exhibit A of this Agreement.

  • Construction Parties means all of the Parties to a Construction Service Agreement.

  • Litigation support contractor means a contractor (including its experts, technical consultants, subcontractors, and suppliers) providing litigation support under a contract that contains the clause at 252.204-7014, Limitations on the Use or Disclosure of Information by Litigation Support Contractors.

  • Project Completion means the date, as determined by the Division after consultation with the Recipient, that operation of the Project is initiated or is capable of being initiated, whichever comes first.

  • Construction Contractor means a person who undertakes to or offers to undertake to, or purports to have the capacity to undertake to, or submits a bid to, or does himself or by or through others, construct, alter, repair, add to, subtract from, improve, move, wreck, or demolish any building, highway, road, railroad, excavation, or other structure, project, development, or improvement to real property, or to do any part thereof. "Construction contractor" includes subcontractors, specialty contractors, prime contractors, and any person receiving consideration for the general supervision and/or coordination of such a construction project except for remediation contracting. This definition shall govern without regard to whether or not the construction contractor is acting in fulfillment of a contract.

  • Certificate of Completion means the certificate of completion given by the Engineer-in- charge pursuant to clause 40 of these conditions;

  • Completion of work means completion of the entire contracted work. Exhaustion of quantity of any particular item mentioned in the bid document shall not imply completion of work or any component thereof.

  • Punchlist means a list of items of Work to be completed or corrected by Contractor after Substantial Completion. Punchlists indicate items to be finished, remaining Work to be performed, or Work that does not meet quality or quantity requirements as required in the Contract Documents.

  • Final Completion Certificate has the meaning set forth in Section 11.6.

  • Construction Works means all works and things necessary to complete the Project in accordance with this Agreement;

Most Referenced Clauses

Most Referenced Definitions