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Advance. Company shall pay or shall cause Distributor to pay Lender a recoupable advance of One Thousand Dollars ($1,000.00) (the “Advance”). The Advance will be paid as follows: (a) Fifty Percent (50%) upon the later of (i) Producer’s commencement of services hereunder and (ii) the complete execution of this Agreement; and (b) the balance upon the later of (i) Producer’s delivery and Company’s and Distributor’s acceptance of the Master(s) as technically and commercially satisfactory in Company’s/Distributor’s sole discretion, such delivery elements including, but not be limited to, session files and releases, mixes, radio edits, sample clearances, and all documentation reasonably required by us and/or Distributor to perfect our rights in and to the Master(s) as sole owner and copyright holder thereof, to timely comply with applicable law, all union requirements (including providing such unions with the appropriate credit for all performers on the Master(s), identifying their performances) and our obligations to Distributor, and (ii) the complete execution of this Agreement.
Advance. Company shall pay or shall cause Distributor to pay Lender a recoupable advance of One Thousand Dollars ($1,000.00) (the “Advance”). The Advance will be paid as follows: (a) Fifty Percent (50%) upon the later of (i) Producer’s commencement of services hereunder and (ii) the complete execution of this Agreement; and (b) the balance upon the later of (i) Producer’s delivery and Company’s and Distributor’s acceptance of the Master(s) as technically and commercially satisfactory in Company’s/Distributor’s sole discretion, such delivery elements including, but not be limited to, session files and releases, mixes, radio edits, sample clearances, and all documentation reasonably required by us and/or Distributor to perfect our rights in and to the Master(s) as sole owner and copyright holder thereof, to timely comply with applicable law, all union requirements (including providing such unions with the appropriate credit for all performers on the Master(s), identifying their performances) and our obligations to Distributor, and (ii) the complete execution of this Agreement.