| Commentary

282 Completion guarantee

| Commentary

282 Completion guarantee

Once the screenplay, the budget and the production schedule are in existence, the producer will sometimes obtain a letter from an established completion guarantor confirming that the completion guarantor has considered the project and will be prepared to guarantee its production in accordance with the production schedule for the budget on standard completion guarantee terms. The reason for doing this is that a person interested in providing finance for a production may require the budget and production schedule to be checked by a third party to ensure that they are well informed, realistic and viable estimates of

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