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Pre-production · term

Conditions precedent

Also known as CPs.

Specified requirements that must be satisfied or waived before a contract or financing obligation becomes effective.

In practice

Maintain an owner, evidence, status, deadline, and waiver record for each condition before drawing funds.

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Sources

  1. Australian Screen Industry Glossary of Terms · Screen Australia

Educational reference only. Requirements vary by jurisdiction, employer, venue, and production context.

    Conditions precedent | Filmclusive Encyclopedia