Designated Picture definition

Designated Picture means any project for the production of a theatrical feature motion picture, which meets the following criteria: (a) is not yet Completed; (b) for which a Credit Party will be the initial copyright owner or will be acquiring the copyright upon Completion, except to the extent otherwise approved by the Administrative Agent pursuant to Section 4.3(e); (c) is being produced by a Credit Party or a Special Purpose Producer; (d) has a Budgeted Negative Cost which would not result in a violation of the covenants herein if produced by a Credit Party; (e) will be produced under the terms of a Completion Guaranty issued by an Approved Completion Guarantor; (f) over which a Credit Party has meaningful direct or indirect budgetary or artistic control; and (g) has been declared to the Administrative Agent as a "Designated Picture" and has satisfied the conditions precedent for Loans under the Special Production Tranche set forth in Section 4.3 hereof.
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Designated Picture means any project for the production of a motion picture, film or video tape to be produced for theatrical, non-theatrical or television release, or for a release in any other media, which meets the following criteria: (a) is not yet Completed; (b) for which a Credit Party will be the initial copyright owner or will be acquiring the copyright upon Completion, except to the extent otherwise approved by the Administrative Agent pursuant to Section 4.3(e); (c) is being produced by a Credit Party or a Special Purpose Producer; (d) has a Budgeted Negative Cost which would not result in a violation of the covenants herein if produced by a Credit Party; (e) will be produced under the terms of a Completion Guarantee issued by an Approved Completion Guarantor; (f) over which a Credit Party has meaningful direct or indirect budgetary or artistic control; and (g) has been declared to the Administrative Agent as a "Designated Picture" and has satisfied the conditions precedent for Loans under the Special Production Tranche set forth in Section 4.3 hereof.
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Designated Picture means a Picture produced, acquired, owned and/or exclusively controlled for U.S. theatrical distribution by either First Look or Seven Hills and designated by written notice from the party to this Agreement which controls such Picture to the other parties to this Agreement as a Picture to be distributed in the United States under this Agreement. "Seven Hills Designated Picture" means a Picture so designated by Seven Hills. "First Look Designated Picture" means a Picture so designated by First Look. A Picture not so designated shall not be deemed a Designated Picture.
Sample 1

Examples of Designated Picture in a sentence

  • The Administrative Agent shall have received a Borrowing Base Certificate which sets forth the Borrowing Base as of the date no more than seven (7) Business Days before the notice of Borrowing is made in connection herewith and which reflects the reserves for the Designated Picture involved.

  • The Administrative Agent shall have received such additional supporting documentation as it normally requires in connection with single picture financing relating to the Designated Picture (including, but not limited to, Chain of Title, budget, cash flows, the negative pickup or other payment obligation from the applicable Credit Party or a guarantee from the applicable Credit Party) in form and substance reasonably satisfactory to the Administrative Agent.

  • If the Designated Picture is being produced by a Special Purpose Producer that is not a Credit Party, the Administrative Agent shall have received a fully executed Special Purpose Producer Credit Agreement and all other conditions precedent thereunder shall have been satisfied.

  • If the Designated Picture is being produced by a Credit Party, the Administrative Agent shall have received all appropriate security documentation and proof of filings, required by it, in connection with the creation of a first perfected lien in favor of the Administrative Agent for the benefit of the Administrative Agent, the Canadian Agent, the Issuing Bank and the Lenders.

  • The CBP Innovation Team is supporting the development of a millimeter wave technology that can detect certain types of metal objects such as blister packs, Mylar bags, and weapons hidden within shipments at IMFs. This technology is particularly suited to certain mail types that challenge current detection methods and could enable rapid pre-screening for shipments potentially containing illicit materials.

  • If any portion of the Designated Picture is to be financed by a third party or if a third party is to have any ownership interest in such Designated Picture or its copyright, then such third party shall have been approved by the Required Lenders (unless it is an Acceptable Major Domestic Account Debtor) and the Administrative Agent shall have received and be satisfied with the co-financing agreement, an intercreditor agreement and such other documentation as it shall deem appropriate.

  • To the extent that Recoupment is less than the sum of any Deemed Loan and the Marketing Capital, the Designating Member shall contribute to the capital of the Company, in cash, the amount of such shortfall ("Replenishment") not later than six months after initial theatrical release in the U.S. of the subject Designated Picture.

  • First Look shall prepare and deliver to Seven Hills detailed accountings broken down medium-by-medium as to distribution in the U.S. of Ancillary Rights by First Look with respect to each Seven Hills Designated Picture, including, without limitation, as to Ancillary Gross Receipts, Ancillary Distribution Costs and Ancillary Producer's Share (as defined in Exhibit A attached hereto) due Seven Hills as to each Designated Picture.

  • The theatrical distribution term as to such Designated Picture shall be two (2) years from the release date of the subject Designated Picture.

  • Whenever the principal of the Note becomes payable, payment of principal and/or interest due to Seven Hills thereunder shall, at the election of Seven Hills, be paid by the Company solely out of any cash or other property that would otherwise be distributable to First Look pursuant to this Agreement (including any Distributable Cash attributable to a First Look Designated Picture).


More Definitions of Designated Picture

Designated Picture means any project for the production of a theatrical feature motion picture, which meets the following criteria: (a) is not yet Completed; (b) for which a Credit Party will be the initial copyright owner or will be acquiring the copyright upon Completion, except to the extent otherwise approved by the Administrative Agent pursuant to Section 4.3(e); (c) is being produced by a Credit Party or a Special Purpose Producer; (d) has a Budgeted Negative Cost which would not result in a violation of the covenants herein if produced by a Credit Party; (e) over which a Credit Party has meaningful direct or indirect budgetary or artistic control; and (f) has been declared to the Administrative Agent as a “Designated Picture” and has satisfied the conditions precedent for Loans under the Special Production Tranche set forth in Section 4.3 hereof.
Sample 1

Related to Designated Picture

  • Designated Products means products provided by Motorola to Licensee with which or for which the Software and Documentation is licensed for use.

  • Manufactured dwelling means a residential trailer, a mobile home or a manufactured

  • Licensed Application means an Application that (a) meets and complies with all of the Documentation and Program Requirements, and (b) has been selected and digitally signed by Apple for distribution, and includes any additional permitted functionality, content or services provided by You from within an Application using the In-App Purchase API.

  • Investment product means a financial instrument (within the meaning of Article 4(1)(15) of MiFID II) or a structured deposit (within the meaning of Article 4(1)(43) of MiFID II).

  • Borrower Products means all products, software, service offerings, technical data or technology currently being designed, manufactured or sold by Borrower or which Borrower intends to sell, license, or distribute in the future including any products or service offerings under development, collectively, together with all products, software, service offerings, technical data or technology that have been sold, licensed or distributed by Borrower since its incorporation.

  • regulated product means a consumer product for which a VOC standard is specified in section 94509(a), and

  • Game has the meaning ascribed to that term in the Control Act;

  • Platform has the meaning specified in Section 6.02.

  • Combination Products means COBI Combination Products, EVG Combination Products, TDF Combination Products, TAF Combination Products and Quad Product.

  • Bundle means to collect contributions from more than one source which are then delivered by one person to the Mayor or to his political fundraising committee.

  • Approved Device means a device described in Subsection 20A-21-201(4) used to

  • Research facility means buildings and structures, including machinery and equipment, used or to be used primarily for research or experimentation to improve or develop new tangible goods or materials or to improve or develop the production processes thereto.

  • Approved Source means Cisco or a Cisco authorized reseller, distributor or systems integrator.

  • Commercial Software means Software developed or regularly used that: (i) has been sold, leased, or licensed to the general public; (ii) has been offered for sale, lease, or license to the general public; (iii) has not been offered, sold, leased, or licensed to the public but will be available for commercial sale, lease, or license in time to satisfy the delivery requirements of this Contract; or (iv) satisfies a criterion expressed in (i), (ii), or (iii) above and would require only minor modifications to meet the requirements of this Contract.

  • Combination Product means a product (a) containing a Licensed Product together with one or more other active ingredients, or (b) with one or more products, devices, pieces of equipment or components, but sold for an integrated price (e.g., with the purchase of one product the customer gets a coupon for the other) or for a single price.

  • Completed application means an application in the form and number and containing all the information required pursuant to 34 Administrative Code 9.1053 (Entity Requesting Agreement to Limit Appraised Value), that has been determined by the district and the comptroller to include all minimum requirements for consideration.