The Development Finance Agreement is an early-stage investment contract for an investor in a film project. This legal contract outlines the terms and conditions between a film production company or producer (Producer) and an investor (such as a financial institution, investor, or film financing entity) for the provision of financing to develop a film project. This agreement establishes the rights, responsibilities, and obligations of both parties involved in the film development finance transaction.
The terms and conditions of film development finance can vary significantly depending on factors such as the project’s potential market value, the track record of the filmmakers involved, and the perceived commercial viability of the film. It’s important for filmmakers and production companies to carefully consider the financial implications and potential obligations associated with film development finance. For films, it is essential to document every deal properly to have a clean chain of titles for distribution or acquisition.
This is a legal document that details the terms and conditions between a Producer/Production Company and an Investor.
It covers the essential elements of the relationship such as:
- Date of Recording
- Ownership Rights
- Release Date
- Name of Film Production
- Use Rights of Recording
- And More.
What is it?
The Development Finance Agreement the essential contract terms between a Producer/Production Company and an Investor.
This standard Film legal contract covers:
- The Start Date of the Agreement
- The name of the Film Production
- The Release of Rights
- The Use Rights of the Recording, including promotion and advertising rights.
- The Rights and Responsibilities of the Parties
- Work-For-Hire Language
- Alternative Dispute Resolution Issues, including Venue & Choice of Law
How does it work?
Use this document to explain the relationship between a Producer/Production Company and an Investor.
Some things needed to build your custom Development Finance Agreement:
- Names of the Parties
- Addresses of the Parties
- Emails of the Parties
- Name of the Film Production
- Dates of Recording
- State for Venue and Choice Provisions
Once you have completed drafting the Development Finance Agreement, you will be able to save to edit further, download a PDF or send to the other party for electronic signature.
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