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Production Financing Distribution Agreement
"I need a Production Financing Distribution Agreement for a new animated series with a budget of £5M, where my production company will retain UK rights but grant international distribution rights to the financier who is providing 80% of the funding."
1. Parties: Identification and details of all contracting parties including Producer, Financier, and Distributor
2. Background: Context of the agreement, including project description and parties' intentions
3. Definitions: Key terms used throughout the agreement including Production, Territory, Rights, Net Profits etc.
4. Production Obligations: Producer's obligations regarding the creation of the content
5. Financing Terms: Details of funding structure, payment schedule, and conditions precedent
6. Distribution Rights: Scope of distribution rights, territories, and platforms
7. Revenue and Accounting: Revenue sharing, reporting requirements, and audit rights
8. Intellectual Property: Ownership, licensing, and protection of IP rights
9. Term and Termination: Duration of agreement and termination provisions
1. Co-Production Arrangements: Additional provisions for when multiple production entities are involved in international co-productions or multi-party productions
2. Talent Obligations: Specific provisions regarding key talent commitments and requirements when talent attachments are crucial to the agreement
3. Tax Credit Provisions: Specific provisions for handling tax incentives and credits when production qualifies for tax relief schemes
4. Security Provisions: Additional security arrangements for financing when required by financiers
1. Production Budget: Detailed breakdown of production costs
2. Production Schedule: Timeline for principal photography and post-production
3. Distribution Plan: Detailed marketing and distribution strategy
4. Chain of Title: Documentation proving clear ownership of rights
5. Key Deliverables: List of required delivery items for distribution
6. Revenue Waterfall: Detailed order of revenue distribution
7. Completion Guarantee: Terms of completion bond if applicable
8. Key Personnel: List of essential creative and technical personnel
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