‘A’ Film definition
‘A’ Film means any Qualifying Film that is so designated by Licensor and satisfies at least one Additional Element and at least one Minimum Requirement, is Theatrically Released By an SPE Group Member, and is released on no less than 800 screens at its widest point of theatrical release; provided, however, that the foregoing 800 screen requirement shall not apply to any SPC Film designated as an “A” Film by Licensor pursuant to Section 4(a)(i)(B), or to up to 3 Qualifying Films per Year designated by Licensor; provided, however, that each of such 3 Qualifying Films shall have either (i) P&A greater than $20 million or (ii) a theatrical release on no less than 550 screens at its widest point of theatrical release in the Territory. Notwithstanding the foregoing, any Qualifying Film that satisfies only the Additional Element set forth under 1(a)(vi) (and no other Additional Elements) and which is produced by any Major Studio, Lionsgate or The ▇▇▇▇▇▇▇▇▇ Company, or any company which owns at least 50% of the capital stock or similar equity interests of a major Home Video distribution entity (i.e., entity is the sole distributor of such company’s Home Video product (including Physical Medium product) in the Territory, has direct accounts with major retailers (e.g. Wal-mart), has revenue share relationships with rentailers, conducts full sales and marketing for products being distributed, and has an annual home video revenue for the Territory of at least $250 million), shall not be an “A” Film, but shall be a Sony Rent-A-System Film, and shall be subject to the limitations on such films as set forth in Section 4.
‘A’ Film means any Qualifying Film that is so designated by Licensor and satisfies at least one Additional Element and at least one Minimum Requirement, is Theatrically Released By an SPE Group Member, and is released on no less than 800 screens at its widest point of theatrical release; provided, however, that the foregoing 800 screen requirement shall not apply to any SPC Film designated as an “A” Film by Licensor pursuant to Section 4(a)(i)(B), or to up to 3 Qualifying Films per Year designated by Licensor; provided, however, that each of such 3 Qualifying Films shall have either (i) P&A greater than $20 million or (ii) a theatrical release on no less than 550 screens at its widest point of theatrical release in the Territory. Notwithstanding the foregoing (but solely with respect to films having an Initial Theatrical Release in 2013, each of which shall be referred to herein as a “2013 Release”, it being understood and agreed that this sentence shall have no application to films having an Initial Theatrical Release in 2014 or thereafter), any Qualifying Film that satisfies only the Additional Element set forth under Section 1(a)(vi) above (and no other Additional Elements), is Theatrically Released by an SPE Group Member and which is produced by any Major Production/Distribution Studio, or any company which owns at least 50% of the capital stock or similar equity interests of a major Home Video distribution entity (i.e., entity is the sole distributor of such company’s Home Video product (including Physical Medium product) in the Territory, has direct accounts with major retailers (e.g. Wal-mart), has revenue share relationships with rentailers, conducts full sales and marketing for products being distributed, and has an annual home video revenue for the Territory of at least $250 million), shall not be an “A” Film, but shall instead be a Sony Rent-A-System Film, and shall be subject to the limitations on such films as set forth in Section 4.