328 Security

Various security arrangements are entered into by a producer during the course of production of a film. First, a financier providing finance under a production financing and distribution agreement will wish to secure its position as far as possible. Second, in order for the completion guarantor to perform its obligations towards any company providing finance or agreeing to distribute a film, the completion guarantor will also need to have the benefit of certain security arrangements. Third, any bank or company agreeing to lend money to the producer of a film will also require the benefit of certain security

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