Most favored nations clause music business
business and eager to accept assets. Whichever the case, there are those investment advisers that that someday the terms could apply to them. An example of a MFN clause that a prospective client could propose for its advisory contract JLG Legal Risk Management Tip Most Favored Nations 01. 2014. docx Author:Using a most favored nation clause can be tricky. When used effectively and legally, a most favored nation provision can greatly improve your contracts. It is recommended that you speak to a business attorney prior to wanting to use a most favored nations clause or most favored nations clause music business
The favored nations or most favored nations or MFN conceptclause, while not omnipresent in entertainment contracts, certainly gets its fair share of use. This post will explore the purpose and operation of FN and MFN (there is a (slight) difference! ).
Most favored nations clause music business free
Apr 09, 2009 In just this way, in the entertainment industry, Most Favored Nation, often shorthanded to MFN or Favored Nations is a guarantee to the contracting party that his or her deal will be no less favorable than the deal of anyone else being similarly featured in the project or program. It can apply to footage, music, or talent.
Issue I Commercial Most Favored Nation Clauses. MFN status from the other signing countries. The GATT's successor is the World. Trade Organization (WTO), and in 200 I China, once victimized by forced unilat. eral MFN clauses, willingly signed onto the WTO's mutual MFN obligations.
Definition Edit. A most favored nation clause (also called a most favored customer clause or most favored licensee clause) is a contract provision in which a seller (or licensor) agrees to give the buyer (or licensee) the best terms it makes available to any other buyer (or licensee ).
Most Favored Nation. Notwithstanding any other provision of this Agreement, the Optionee has, in its sole and complete discretion, the right to elect the same price terms offered to any other purchaser of Conserved Water or Storage made available by CADIZ from the date of execution of this Agreement, subject to Program capacity.
BREAKING DOWN 'Most Favored Nation Clause Of the 29 nations that have had their MFN status suspended at some point in the past, only two remain suspended: Cuba and North Korea. The status of 10 nations Azerbaijan, Belarus, Kazakhstan, Moldova, Russia, Tajikistan, Turkmenistan, Ukraine, Uzbekistan and Vietnam are still temporary and subject to fulfilling annual conditions.
The Most Favored Nation clause in the two countries' free trade agreements confers that status. That clause is also used in loan agreements and commercial transactions. In the former, it means that interest rates on a subsequent loan won't be lower than on the primary one.
Most Favored Nation Sample Clauses. Most Favored Nation. The Company does not have any Contract containing a most favored nation pricing agreement (including, without limitation, any Contract subject to price redetermination or renegotiation), agreements to take back or exchange goods, consignment arrangements or similar understanding with a customer or supplier.
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