MULTI MEDIA DEVELOPMENT FINANCE AGREEMENT
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MULTI MEDIA DEVELOPMENT FINANCE AGREEMENT
A Multimedia Development Finance Agreement is a contract that typically outlines the terms and conditions for financing projects in the multimedia sector. This can include films, television shows, video games, and other digital content
MULTI MEDIA DEVELOPMENT AGREEMENT INCLUDES
Contents
Definitions
Interpretation
Development of the Multimedia Concept
Milestones
Nature of Producture’s Material
Time of the Essence
Collateral Contracts
Payments Under the Schedule
Payments of Milestones Installments
Development Account
Delays in achieving Milestones
Amendments
Commercialisation by the Financier
Producer to Assign and Assure
Third Party Rights
Ownership in Agreed Proportions
Additional Funding for Development of Multimedia Product
Exclusivity
Effect of Release
Grant of Licence to the Financier to Exploit Development
Warranties
Effects of Release
Grant of Licence to the Financier to Exploit Development Assets
Warranties
Producer’s Warranties
Insurance
Confidential Information
Liability
Implied Terms
Termination
Termination of Events and Performance Events
Immediate Termination
Repayment of Funds to the Financier
Exclusive Licence Exercisable on Termination
Relationship
Publicity
Notices
Severability
Variation
Assignment
Currency
Further Steps
Entire Agreements
Counterparts
Survival
Legal Advice
Costs and Expenses
Governing Law and Jurisdiction
Schedule 19
INCLUDES GST
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