Enter your name and email in the form below or follow the link to download the free LOI template now! Source of Financing Documents required Public funds (supranational, national, regional, local) Agreement, deal memo or a recent letter of intent with amounts. The investor information must be documented using the blank lines at the top left corner of the page. Passive investors include everything from your local dentist or car dealer to a film investor, not personally known, solicited off the internet. Regular Price $802, Save $203, Film Financing Toolkits - Templates & Tools for the DIY Filmmaker, Full Silver Toolkit So you bring on one active investor to help you get started and fund the pre-fundraising process. J. The Parties are prepared to raise as the Private Placement Financing a minimum of $1,000,000.00US for the purposes of Arbor, Arbor B.C. Thank you! To be clear, regardless of the investor type, there is a distinction between the documents you will use to find, attract and pitch investors and those that are legally required to actually accept money. Our Feature Film Business Plan template has been evolving since 2002 and successfully used by hundreds of filmmakers around the world to raise their film financing. Read more on Accredited Investors and be VERY clear on how and to whom you are able to advertise before you publicly ask for any money. Before making any commitment to a specific format for any of the discussed matters, it is important to obtain professional legal counsel. Dieser Letter of Intent verpflichtet keine der beiden Parteien zu einem Vertragsabschluss. In film production it is often a document required by funding institutions - distributor's letter of intent, other funders' letter of intent, co-producers' letter of intent. Business Plan Template The producer's package may or may not include financial projections, a business plan, a PPM or other documentation. The investment tool for legally accepting and managing funds will be some type of Film Financing (Investor) Agreement. Er kann als einseitige Erklärung abgefasst sein, die eine Bestimmung der Verhandlungsposition des Ausstellers wiedergibt. If there exists a one stop shop for a business plan and crash course in film finance this is probably it. This letter of intent is used by a party seeking to enter into a proposed business arrangement with another party. Most film/theatre projects are financed through a ‘limited’ or ‘private’ offering exempt from the otherwise expensive and time consuming securities registration requirements. Immediately after an inquiry is made to issue a Contract, we request the script, the shooting schedule and the budget. The LOI establishes the aspects of the deal the parties agree on, shows the parties are committed to making a final deal, and clears the way for a later, binding agreement called a … Ein Letter of Intent (LoI) ist eine unverbindliche Absichtserklärung, die bestätigt, dass die Parteien des LoI in Verhandlungen über einen Vertragsabschluss stehen. We prefer that all three documents have already been approved by the financiers and distributors of the picture. + Film Budget Template First, you need to know whether you will be raising funds from and working fairly closely with a select few experienced film industry people (Active Investors); or will be going outside your close network to raise funds from neighbors or strangers who will invest in your project, but have little to no experience or say in film production (Passive Investors). For superior service and rates, make sure to tell Mr. Feldman, Entertainment Lawyer, you were referred by Melissa @ FilmProposals! and Abucco. Other restrictions address WHOM you may approach, and what information you must provide.". Film Financial Projections Template Believe me, first impressions really do count. Diese bestätigt, dass die Parteien des LoI in Verhandlungen über einen Vertragsabschluss stehen. Is a Letter of Intent Binding? In this case, the investment vehicle to be provided to passive investors before accepting funds is a securities disclosure document, most commonly referred to as a Private Placement Memorandum (PPM). im Vorfeld von Unternehmenskäufen, Softwareverträgen und Kooperationen, insbesondere bei Großproj… The producer's package rarely (as in never) applies to a first time filmmaker or one without established studio and entertainment connections. In this sample letter of intent, Hadley Capital is offering the seller total sale proceeds of $5.0 million: $4.0 million in cash plus a seller note of $500,000 and a consulting and non-compete agreement of $500,000. When a positive decision is made, a “letter of intent” is issued by us confirming that we are prepared to go forward with issuing a Contract of Completion, subject to the fulfillment of certain stated conditions. I am writing this letter to inform you that our non charitable organization arranges a tree plantation event in the woods of our town. A letter of intent (LOI) outlines the terms of a deal and serves as an “agreement to agree” between two parties. Passive investors are the route the large majority new or somewhat experienced filmmakers will take. The Letter of Intent outlines the basic terms for a formal agreement under which Cre8tive will be paid back on a "First Out" basis equaling the amount of the initial investment. 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