Pay or Play definition

Pay or Play. Artist shall be deemed to be "pay or play" for purposes of the preceding section upon notice in writing to Artist of Producer's election to make Artist "Pay or Play" or when all of the following have occurred: (i) Producer has approved, in its sole discretion, the final shooting script, budget and production and post-production schedules for the Picture; and (ii) All principal cast members of the Picture have been made unconditionally "pay or play" for their fixed compensation; and (iii) Producer's receipt of a signed agreement (in form and substance satisfactory to Producer) with the financier by which such financier unconditionally agrees to finance the Picture; and (iv) Producer's receipt of a signed agreement (in form and substance satisfactory to Producer) with the insurance company by which such company agrees to insure the Picture (including errors and omissions insurance).
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Pay or Play means a mechanism whereby licensees may opt to fulfill their Universal Service Obligations (USOs) through implementation of approved universal access and service projects or contributions to agreed financial mechanisms
Sample 1
Pay or Play. Lender shall be deemed to be "pay or play" for purposes of the preceding section upon notice in writing to Lender of Producer's election to make Lender "Pay or Play" or when all of the following have occurred: (i) Producer has approved, in its sole discretion, the final shooting script, budget and production and post-production schedules for the Picture; and (ii) All principal cast members of the Picture have been made unconditionally "pay or play" for their fixed compensation; and (iii) Producer's receipt of a signed agreement (in form and substance satisfactory to Producer) with the financier by which such financier unconditionally agrees to finance the Picture; and (iv) Producers receipt of a signed agreement (in form and substance satisfactory to Producer) with a completion guarantor by which such guarantor
Sample 1

Examples of Pay or Play in a sentence

  • The requirements and terms of the City of Houston Pay or Play program, as set out in Executive Order 1-7, as revised from time to time, are incorporated into this Agreement for all purposes.

  • The requirements and terms of the City of Houston Pay or Play program, as set out in Executive Order 1-7, as revised from time to time, are incorporated into this Contract for all purposes.

  • This form acknowledges your awareness of the Pay or Play program.

  • I declare under penalty of perjury under the laws of the State of Texas that if awarded a contract, I will comply with the requirements of the Pay or Play Program.

  • Your signature affirms that you will comply with the requirements of the program if you are the successful Bidder/Proposer, and ensure the same on behalf of subcontracts subject to the Pay or Play Program.

  • Authorized by Ordinance 2007-534 and Executive Order 1-7, the purpose of the Pay or Play Program is (1) to create a more level playing field among competing contractors so that those who provide health benefits to their employees are not disadvantaged in the bidding process; and 2) to recognize and account for the fact that there are costs associated with the health care of the uninsured.

  • The requirements and terms of the City of Houston Pay or Play program, as set out in Executive Order 1-7-Revised, as amended from time to time, are incorporated into this Agreement for all purposes.

  • The Pay or Play Program Requirements Form (POP-1) and all other POP Forms are available for downloading from the City of Houston’s Website at http://www.houstontx.gov/aacc/popforms.html What this form does.

  • The Contractor/Subcontractor will comply with all provisions of the Pay or Play Program and will furnish all information and reports requested to determine compliance with program requirements of the Pay or Play Program (See Executive Order 1-7 for the terms of the Pay or Play program) The criteria of the program is as follows: The Contractor/Subcontractor agrees to “Pay” $1.00 per hour for work performed by covered employees under the contract with the City.

  • The requirements and terms of the City of Houston Pay or Play policy program, as set out in Executive Order 1-7, are incorporated into this Agreement for all purposes.

Related to Pay or Play

  • Larceny or Embezzlement means larceny or embezzlement as defined in Section 37 of the Investment Company Act of 1940.

  • Deferred Stock Account means a bookkeeping account maintained by the Company for a Participant representing the Participant's interest in the shares credited to such Deferred Stock Account pursuant to Paragraph 7 hereof.

  • Other Stock or Cash Based Awards means cash awards, awards of Shares, and other awards valued wholly or partially by referring to, or are otherwise based on, Shares or other property.

  • Safe Harbor Election has the meaning set forth in Section 10.2(d).

  • Eligible Individual means any person who is an Employee, a Consultant or a Non-Employee Director, as determined by the Administrator.

  • Registered in the System for Award Management (SAM means that–

  • Other Stock or Cash Based Award means a cash payment, cash bonus award, stock payment, stock bonus award, performance award or incentive award that is paid in cash, Shares or a combination of both, awarded under Section 9.1, which may include, without limitation, deferred stock, deferred stock units, performance awards, retainers, committee fees, and meeting-based fees.

  • Policy or This Policy means, “Nomination and Remuneration Policy.”

  • Compensation Deferral means the amount or amounts of the Director's Compensation deferred under the provisions of Section 3 of this Agreement.

  • Qualified Nurse means a person who holds a valid registration from the Nursing Council of India or the Nursing Council of any state in India.

  • Stock Account means the account maintained on behalf of the Participant by the Custodian for the purpose of holding Stock acquired under the Plan.

  • Eligible Individuals means directors, officers, employees and consultants of the Company or any of its Subsidiaries or Affiliates, and prospective employees and consultants who have accepted offers of employment or consultancy from the Company or its Subsidiaries or Affiliates.

  • Registered Plan means a registered retirement savings plan, a registered retirement income fund, a deferred profit sharing plan, a registered education savings plan, a registered disability savings plan, and a tax-free savings account.

  • Stock Appreciation Rights or “SAR” means a right granted to a Participant under Section 6(c).

  • Non-Elective Contribution means the Employer contributions to the Plan excluding, however, contributions made pursuant to the Participant's deferral election provided for in Section 4.2 and any Qualified Non-Elective Contribution used in the "Actual Deferral Percentage" tests.

  • Rollover Contribution means any rollover contribution to the Plan made by a Participant as may be permitted under Article V.

  • Stock Appreciation Right or “SAR” means a right to receive the appreciation on Common Stock that is granted pursuant to the terms and conditions of Section 5.

  • A or B means "A or B or both," not "either A or B but not both").

  • Awards means Options, RSUs and PSUs granted to a Participant pursuant to the terms of the Plan;

  • Qualified Matching Contribution means any employer contribution allocated to an Eligible Employee's account under any plan of an Employer or a Related Company solely on account of "elective contributions" made on his behalf or "employee contributions" made by him that is a qualified matching contribution as defined in regulations issued under Code Section 401(k), is nonforfeitable when made, and is distributable only as permitted in regulations issued under Code Section 401(k).

  • Qualified Non-Elective Contribution means any Employer contributions made pursuant to Section 4.1(c) and Section 4.6(b) and Section 4.8(f). Such contributions shall be considered an Elective Contribution for the purposes of the Plan and may be used to satisfy the "Actual Deferral Percentage" tests or the "Actual Contribution Percentage" tests.

  • Discretionary Assets means (i) securities that, if distributed, would be required to be registered under the Securities Act of 1933, as amended; (ii) securities issued by entities in countries that (A) restrict or prohibit the holding of securities by non-nationals other than through qualified investment vehicles, or (B) permit transfers of ownership of securities to be effected only by transactions conducted on a local stock exchange; and (iii) any assets that, although they may be liquid and marketable, must be traded through the marketplace or with the counterparty to the transaction in order to effect a change in beneficial ownership."

  • Investment Fund has the same meaning as in National Instrument 81-106 Investment Fund Continuous Disclosure;

  • Proprietary or Sub-advised Mutual Fund means any open-end Mutual Fund for which MSIM acts as investment adviser or sub-adviser.

  • Limited Stock Appreciation Right means an Award of a limited Tandem Stock Appreciation Right or a Non-Tandem Stock Appreciation Right made pursuant to Section 7.5 of this Plan.

  • Rollover Contributions means, for any Participant, his rollover contributions as provided in Section 7.1.