Clause pay or play

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WebJun 5, 2024 · Pay to Play is a very common clause in any investment agreement and plays a very important role in any down round. Down Round refer to a company issuing shares … WebOct 26, 2024 · Pay-or-Play language is a heavily negotiated contract clause for above-the-line talent. The simplest meaning is this: The commitment by a studio to pay the talent, regardless of whether the studio ...

Understanding the Importance of Pay or Play Clauses: …

WebMar 27, 2024 · In short, it can greatly benefit entertainers to be aware of their morals clauses. Entertainers should think twice, and a third time, before pressing the blue “tweet” button. For entertainers that don’t want to think twice before going on that “Twitter rant,” in the words recited by Bette Davis: “Fasten your seatbelts, it’s going ... WebJan 19, 2024 · Conditional payment clauses can take many forms. A “pay when paid” clause defers timing of the payment. However, the main contractor retains the risk of non-payment by the employer. Consequently, while a main contractor may invoke a “pay when paid” clause it is not able to do so indefinitely. A “pay if paid” clause makes payment ... millennium high school goodyear logo

What is a “Pay-to-Play” Financing? Fenwick & West LLP

WebJun 15, 2011 · In section 9:50.70 (c), Tony states that a “pay-or-play” agreement is one in which the performer’s “compensation is earned in full under any and all circumstances … WebThanks to a “pay or play” clause in Hopkins’ contract with Big Brother production company Endemol Shine, which creates the show on behalf of the Seven Network, Hopkins is due to pocket all ... WebPAY OR PLAY CONTRACT Sample Clauses Law Insider PAY OR PLAY CONTRACT Sample Clauses Filter & Search Your own library. Secure access and storage. Multi … millennium high school myschools

Pay or Play Contract Language – Made by you

Pay or Play Contract — How Does It Affect Your …

WebPay-or-Play Contract Law and Legal Definition. A pay-or-play contract is a contract in which one party agrees to perform and the other agrees to pay for the promised performance. The second party agrees to pay even without demanding a performance. Usually, pay-or-play contracts are made in the entertainment industry. WebJan 6, 2024 · In the pay or play clause, producers should also consider precedents. They can help to reduce risk by requiring the other party to perform and preventing sly contract breaches. Anticipating Exceptions millennium high school litchfield parkWebFeb 20, 2024 · A pay or play clause (or pay or play contract) is a bargaining chip, often used to secure an above-the-line heavy-hitter; an actor, for example, may sign onto a project knowing that whether they work or not, … millennium high school ranking in nyc

"WebJul 23, 2024 · A pay-to-play clause may benefit you and all investors; however, it can also put you at odds. Energy entrepreneurs have a slightly different playing field than other … " - Clause pay or play

Clause pay or play

What is a pay to play provision? - Startup Company Lawyer

WebAug 20, 2024 · A “pay or play” contract is the informal term for a unique legal guarantee agreement used in the entertainment industry. Producers can use this type of … WebNov 22, 2024 · In the wake of sexual harassment by Kevin Spacey, Louis C.K., and more, “pay or play” should be retired and a morals clause introduced. Contracts need to include clauses about Weinsteinian ...

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WebPay or Play Report Sample Clauses. Filter & Search. Clause: Pay or Play Report. Contract Type. Jurisdiction. Country. Include Keywords. Exclude Keywords. Additional filters are available in search. Open Search. Parent Clauses. Drug Forms; General Performance Guarantee Provisions; Measurement Criteria; WebAug 4, 2007 · Pay to play clauses are often written to require each investor to participate in the dilutive financing to the extent of its percentage ownership of the company. Although this is typically the amount of the financing which the investors are entitled to purchase by reason of their contractual rights of first refusal, this approach may not work ...

WebA contract can have both a pay-or-play clause and be guaranteed - but a pay-or-play clause isn't itself a guarantee. The phrase "through no fault of their own" seems a little too WebJan 4, 2024 · More specifically, the term “pay or play clause” has come to refer to a wide variety of contractual situations. In summary, the pay or play provision states that …

WebIn filmmaking, a guarantee, or informally a "pay-or-play" contract, is a term in a contract of an actor, director, or other participant that guarantees pay if the participant is released … WebJun 12, 2024 · Not knowing what these terms mean, they jump on a call with their lawyer and she walks them through the terms of the proposed “cram down” (also called a “pay …

WebJun 15, 2011 · In section 9:50.70 (c), Tony states that a "pay-or-play" agreement is one in which the performer's "compensation is earned in full under any and all circumstances …

http://constructionblog.practicallaw.com/conditional-payment-clauses-in-the-uk-and-middle-east/ millennium high school phoenixWebA pay or play clause in a Film and TV agreement simply means that an individual who is being contracted to provide various services on a Film or TV production is guaranteed … millennium high school reviewsWebPay or play clause samples. 11. Pay or Play. Company will not be obligated to produce, release, or otherwise use any Materials produced hereunder, and Company only … millennium high school mapWebpay or play. Nothing herein shall be deemed to obligate the Company to use Employee's services pursuant hereto or otherwise and the Company shall have … millennium high school satWebApr 27, 2024 · So how does a force majeure clause impact a pay-or-play deal? Typically, if a force majeure is invoked, the talent can find work elsewhere; however, in the current … millennium high school goodyear arizonaWebRelated to Pay or Take. PAY OR PLAY 2.20.1 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. Contractor has reviewed Executive Order No. 1-7, as revised, and shall comply with its terms and conditions. … millennium high school rtiWebJan 4, 2016 · One of the most coveted clauses in entertainment industry contracts is the Pay or Play Clause. But, the term “Pay or Play” is a commonly misunderstood term. Or, more precisely, it's a commonly … millennium high school nyc brooklyn