Participations and Residuals definition

Participations and Residuals means each Borrower’s or Receivables Sub’s share of any profit participations and other contingent compensation, including royalties, deferments and guild residuals, payable by the Receivables Sub or any Borrower with respect to a Library Title.
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Participations and Residuals means any (i) profit participation related to the Exploitation of any Film Rights and (ii) residual payments due to creative artists or Guilds on account of the Exploitation of the Film Rights, except for payments due in connection with music licensing contemplated in Section 4.14(a).
Sample 1

Examples of Participations and Residuals in a sentence

  • Following a Notice of termination, FilmCo agrees to abide by and honor the terms of any subdistribution agreement entered into by Distributor prior to the date of such Notice of termination, subject to all the rights and remedies contained therein in the event of a subdistributor’s breach, and FilmCo shall be solely liable for payment of Third Party Participations and Residuals accrued but unpaid prior to the Notice of termination and payable or accruing after the Notice of termination.

  • Buyer shall provide reasonable access to Buyer’s and the Company’s employees, books and records and other relevant information required to enable Seller to discharge promptly when due the Participations and Residuals.

  • The Master Distributor hereby agrees to pay (subject to the prior receipt of sufficient funds therefor from MVL) or cause one or more Subdistributors to pay all Participations and Residuals in respect of each Completed Film.

  • Revenue from the individuals’ Participations and Residuals are recognized at the time such amounts can be reasonably determined, which is generally upon receipt of a statement from a third party.Cash and Cash Equivalents- The Group considers all highly liquid debt instruments purchased with a maturity of three months or less to be cash equivalents.Property and Equipment- Property and equipment is recorded at cost.

  • For avoidance of doubt, no party hereunder shall have any obligations under this Section 6.12 for any Participations and Residuals that become due and payable as a result of events occurring after the tenth (10th) anniversary of the Closing.

  • With respect to all Covered Pictures acquired by Purchaser, Purchaser acknowledges and agrees that it shall have and shall discharge (when and as they become due and payable) all obligations with respect to the payment of Participations and Residuals.

  • Seller shall discharge each of the Participations and Residuals promptly following receipt from Buyer of all sales data, payee information and other information with respect to such Participations and Residuals.

Related to Participations and Residuals

  • Participation Agreements as defined in this Trust Supplement are the "Note Purchase Agreements" referred to in the Basic Agreement.

  • Participation Interests shall have the meaning specified in subsection 2.09(a)(ii).

  • Unit Participation means the ratio of the surface acreage of a specific tract in the unit area to the total surface acreage of the unit area as that total surface acreage is specified in paragraph one of the Plan for Unit Operations of this order.

  • Participation means an interest in a Loan that is acquired indirectly by way of a participation from a selling institution.

  • L/C Participation shall have the meaning provided in Section 3.3(a).

  • Active participation means an ongoing process of good faith negotiation between the state licensing agency and the Indiana elected committee of licensed managers to achieve joint planning of:

  • Participations shall have the meaning set forth in Section 13.1 hereof.

  • Participation Interest means the purchase by a Lender of a participation interest in Letters of Credit as provided in Section 2.2 and in Swingline Loans as provided in Section 2.3.

  • Participation Date means the date the individual becomes a qualified participant in Tier 2 as determined under section 701a(1)(b).

  • Participation Period means a period during which contributions may be made toward the purchase of Stock under the Plan, as determined pursuant to Section 6.

  • Direct Loan Participation means a Loan in respect of which, pursuant to a participation agreement, the Issuer is capable of creating, or procuring the creation of, a contractual right in favour of a notional protection seller that provides such notional seller with recourse to the participation seller for a specified share in any payments due under the relevant Loan which are received by such participation seller, any such agreement to be entered into between (i) such notional seller and (ii) either (A) the Issuer (to the extent the Issuer was then a lender or a member of the relevant lending syndicate), or (B) a Qualifying Participation Seller (if any) (to the extent such Qualifying Participation Seller is then a lender or a member of the relevant lending syndicate);

  • Participation Agreement has the meaning set forth under the definition of “Agreement”.

  • Applicable Participation Agreement Has the meaning specified in Section 5.01(b) of this Trust Supplement.

  • Participation Percentages means the percentage of the total actual project costs that will be contributed by the OPWC, not to exceed the maximum dollar contribution of the OPWC identified in this Project Agreement, and the percentage of the total actual project costs that will be contributed by the Recipient. Both of the percentages are identified in Appendix D. In the event that the total actual project costs exceed the estimated project costs identified in Appendix D, the Local Subdivision Participation Percentage will increase to reflect the cost overrun, while the OPWC percentage contribution will decrease recognizing that there is a maximum dollar contribution from the OPWC which is identified in this Project Agreement.

  • Designated Senior Debt means (i) Indebtedness under or in respect of ---------------------- the Credit Agreement and (ii) any other Indebtedness constituting Senior Debt which, at the time of determination, has an aggregate principal amount of at least $25.0 million and is specifically designated in the instrument evidencing such Senior Debt as "Designated Senior Debt" by the Company.

  • Lender Participation Notice has the meaning specified in Section 2.05(d)(iii).

  • Participation Percentage means the rounded percentage of the total actual Project costs that will be contributed by the OPWC, not to exceed the maximum dollar contribution of the OPWC identified in this Project Agreement, and the rounded percentage of the total actual Project costs that will be contributed by the Recipient. Both percentages are identified in Appendix B. If the total actual Project costs exceed the estimated Project costs identified in Appendix B, the Local Subdivision Participation Percentage will increase to reflect the cost overrun, while the OPWC percentage contribution will decrease recognizing that there is a maximum dollar contribution from the OPWC which is identified in this Project Agreement.

  • Specific contract participation goals means the goals as stipulated in the Preferential Procurement Regulations, 2001. In addition to above-mentioned goals, the Regulations [12. (1)] also make provision for organs of State to give particular consideration to procuring locally manufactured products.

  • Material Participation means involvement in the development and operation of the project on a basis which is regular, continuous, and substantial as defined in Code Section 42 and 469(h) of the regulations promulgated hereunder.

  • Participating Interest is defined in Section 1.2(d) hereof.

  • Participation Rate means the rate of interest payable on the Loan to Participant by Administrative Agent-Servicer.

  • Participating student means a student who has been determined to be

  • Participation Notice has the meaning set forth in Section 4.2;

  • Identified Participating Lenders has the meaning set forth in Section 2.05(a)(v)(C)(3).

  • Participation Commitment means each Lender’s obligation to buy a participation of the Letters of Credit issued hereunder.

  • Participation Facility means any facility or property in which the Party in question or any of its Subsidiaries participates in the management and, where required by the context, said term means the owner or operator of such facility or property, but only with respect to such facility or property.