Persons entitled
- Film Finances, Inc
Brief description
Subject to the rights and prior security of comerica bank and the fyzz facility film 11 limited (the "financiers") under their respective financing agreements in respect of a film provisionally entitled "47 meters down: the next chapter" (the "film").. 5 1 all rights, title and interest of the company and in the film and in the script and all other written and musical matter embodied or used in the film or acquired in connection with its production and the negative and prints thereof and all rights of representing, exploiting and exhibiting the same. (Together the "charged property"). Negative pledge. The company agreed that it shall not create, grant or permit to subsist any mortgage, security, interest or charge, whether fixed or floating (other than any agreed in the interparty agreement between the producer, the financiers, 47MD ii llc, filmnation international llc and the guarantor) on or over all or any part of the charged property, whether ranking in priority to, behind or pari passu with the security set out above.
Contains fixed charge.
Contains floating charge.
Floating charge covers all the property or undertaking of the company.
Contains negative pledge.