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.
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Examples of Designated Picture in a sentence

  • Compare chamber music or orchestral music by two named composers since 1910 and discuss their differences in approach and musical language.A suitable approach might be to compare Shostakovich’s 8th String Quartet (1st mvt) and Messiaen’s Quartet for the End of Time (2nd mvt).Rhythm and metre • Shostakovich in slow 4/4 time throughout, with poco rits.

  • 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 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.

  • 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.

  • 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 Borrower or a guarantee from Borrower) in form and substance reasonably satisfactory to the Administrative Agent.

  • Seven Hills and F/SLLC shall receive Certificates of Insurance naming each as additional insureds as to each Seven Hills Designated Picture.

  • Said Designating Party shall be entitled to return of said Theatrical Distribution Costs so advanced upon Recoupment or Replenishment by the preceding Designating Party of Theatrical Distribution Costs with respect to the Prior Designated Picture required to be backed by the Letter of Credit in accordance with Section 3.3.

  • 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.

  • Discrete network can be synchronous, when the state of every neuron in the network is updated.

  • Said delivery shall take place not later than the date for initial theatrical release of the subject Designated Picture in the U.S. The Designating Party shall have the right to select the film laboratory, sound laboratory and other processing laboratories with respect to its Designated Pictures.


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

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