Attach this 13-page
Definition of Gross Receipts After Breakeven to a Film Distribution Agreement to clearly define what each of the terms in the Main Agreement means with respect to breakeven points, receipts, distribution fees and expenses, film rentals, and other revenues and costs.
- The schedule sets out how license fees will be allocated when the fees apply to a group of motion pictures which includes the Picture covered under the Agreement.
- Foreign receipts will not be included in gross receipts until the sums have been received in US dollars or used by the studio for production or acquisition of films or property which can be legally exported from the country of origin.
- The studio has complete authority to distribute and license exhibition of the Picture.
- The participant has no right, title or interest in the Picture, and no lien rights on the gross receipts or net profits.
This
Definition of Gross Receipts After Breakeven for Film Distribution Agreements template is provided in MS Word format, and is fully editable to fit your specific circumstances.