Film Collateral definition
Film Collateral means all right, title and interest of any Grantor in each Film and all collateral, allied, ancillary, subsidiary and merchandising rights therein, and all properties and things of value pertaining thereto and all products and proceeds thereof whether now in existence or hereafter made, acquired or produced, in each case to the extent of any Grantor’s interest therein, including, without limitation:
Film Collateral means all of the motion picture and video material owned or licensed to the Obligor (collectively, the “Film Material”), including, without limitation, the Film Material listed on Annex 1 attached hereto and incorporated herein by reference, and all underlying literary properties with respect thereto (including screenplays and drafts), and all copyrights and all renewals and extensions thereof and other rights with regard thereto (including those rights set forth in §106 of the United States Copyright Act (17 U.S.C. §106)), all contract rights (including, but not limited to, all rights of every kind and nature, present and future, in and to all agreements relating to the creation, performance, publication, administration and exploitation of the Film Material, including all agreements relating to the Film Material), accounts receivable, royalties, rights to receive royalties, commercial tort claims, and any other proceeds of the Film Material, whether presently existing or hereafter arising, including, without limitation, the gross receipts derived by the Obligor from: (a) the exploitation of the Film Material in whatever media (including video, DVD, pay cable, video-on-demand or internet streaming); (b) the exploitation of the Film Material as embodied in video and DVDs; (c) the inclusion of all or any portion of the Film Material in motion pictures, videotapes and other audiovisual works or on websites; (d) the granting to third parties of clip licenses with respect to Film Material; and (e) any other royalty or royalty interest of the Obligor, payments and other monies and valuable consideration, regardless of how denominated, now or hereafter owing to the Obligor or hereafter derived from the exploitation (including, without limitation, the license and/or sale) of the Film Material, and all other rights in and to the Film Material, including any renewals or extensions thereof.