| Commentary

329 Financier’s security

| Commentary

329 Financier’s security

The position of the company providing finance pursuant to a production financing and distribution agreement is fairly straightforward. The company will wish to secure its title to the physical materials by means of a laboratory pledge-holder’s agreement which allows the company to retake possession of the materials without any dispute with the producer as to ownership. It may also wish to have the benefit of a laboratory access letter pursuant to which it or any of its licensees may be granted access to a laboratory for the purpose of making release prints of the film or obtaining

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