Film Rentals means all sums billed and received by, owing to or credited to the account of the theatrical distributor from its exploitation of the Picture in the Territory as tabulated periodically on the theatrical distributor’s regular domestic film rental report during the period commencing on such Picture’s Initial Theatrical Release and continuing until the first anniversary of such Picture’s Initial Theatrical Release (the “Film Rentals Measurement Period”); provided, that with respect to any amounts billed for which Licensor accepts a settlement of less than full payment, the settlement amounts actually accepted by Licensor, rather than the amounts originally billed, shall constitute “Film Rentals” for purposes of this provision. Film Rentals shall include all monies due from the exploitation of the Picture via direct projection means, regardless of whether such direct projection involves physical print materials or Digital Cinema (but specifically excluding Home Theater, Home Video and Television); provided, that, with respect to all exhibitions on a “four wall” basis, all box office admission amounts received by the theatrical distributor shall be included in “Film Rentals” and all costs of operating such theater which are paid for or assumed by the theatrical distributor in connection with its taking over of such theater for such “four wall” engagement shall be deducted from “Film Rentals” and any transaction with a Licensor Affiliate shall be on an arms-length basis. Film Rentals shall not include any monies (A) owed to, retained by or paid to a theatrical exhibitor, other than monies otherwise payable to the theatrical distributor but rightfully retained by such exhibitor for co-op advertising incurred and actually spent on behalf of such theatrical distributor; (B) received for Television broadcast, including but not limited to, Home Theater, Pay-Per-View, Video-On-Demand, free Television, Pay Television or subscription Television, Sell Through Electronic Video or Internet transmission;
Film Rentals shall be determined after all refunds, credits, discounts, allowances and adjustments granted to exhibitors, whether occasioned by condemnation by boards of censorship, settlement of disputes, or otherwise. Until earned, forfeited or applied to the Picture, neither advance payments nor security deposits shall be included in film rentals. Where the film rental is computed on the basis of box-office receipts of the Picture, any expenses incurred in checking attendance and/or receipts of such engagements shall be deducted in determining film rentals hereunder. There shall be deducted from film rentals expenses incurred in the collection thereof. Wherever TAG exhibits the Picture in a theatre or over a television station owned or controlled by TAG, or licenses the Picture or rights connected therewith to theatres, television stations or other agencies in which TAG has an interest, directly or indirectly, or to which TAG is obligated to pay a fixed sum for exhibiting the Picture, or for the use of its premises or facilities, TAG shall include in the film rentals of the Picture such sums determined in good faith as may be reasonable and consistent with TAG's usual practice in such matters.
Film Rentals. As used herein, "Film Rentals" shall be determined ------------ after all rebates, refunds, credits, discounts, allowances and adjustments granted to exhibitors, broadcasters and other licensees, whether occasioned by condemnation by boards of censorship, settlement of disputes or otherwise. Advance payments and security deposits shall be included in Film Rentals upon their receipt by Distributor, provided that if they are returnable, then in the event they are so returned Distributor shall correspondingly reduce gross receipts for the accounting period involved. No cost (regardless of how incurred, paid or allowed) of Distributor's share of cooperative and/or theater advertising shall be deducted in determining Film Rentals. Where allowances are granted and paid on account of Distributor's share of cooperative theater or joint advertising, such payments shall not be deducted in determining Film Rental, and where Distributor's share of cooperative theater or joint advertising is deducted by the exhibitor, Distributor's share of cooperative theater or joint advertising shall be added back into the Film Rentals received from such exhibitor, and all such costs (I.E., allowances paid or granted on account of cooperative theater or joint advertising) payments, discounts and allowances shall be treated as Distribution Expenses and shall be a charge against the Formula Amount of Domestic Distribution Expenses to the extent provided for in the Credit Agreement.
Examples of Film Rentals in a sentence
Definition of Film Rentals taken from CBAB document, section 2.2. Figure 2: Waterfall Graphic10 As illustrated in the graphic above, the theatrical gross will be divided as follows.
ADMINISTRATIVE CONSIDERATION The current TIF statutes allow for local municipalities to establish Tax Incremental Financing Districts to support the development in distressed, underutilized, or underdeveloped parts of their local jurisdiction by attracting private investment and increased economic activity within their communities through the use of future tax gains to finance debt for current investment.
Within fifteen days after each Picture’s Availability Date, Licensor shall provide STE with a statement setting forth such Picture’s actual Film Rentals.