Letter of Credit for Film Production

Issue a letter of credit for a loan to fund the production of a motion picture with this template Letter of Credit for Film Production.

• The Letter of Credit (LOC) sets out the procedure the filmmaker must follow to make a draw against the production loan funds.
• The LOC will be effective for a specified number of days following the commencement of principal photography on the film, and may be renewed and extended for an additional period at the parties' request.
• The LOC is irrevocable.
• The form also includes a letter to be signed by the completion guarantors confirming delivery of the film and/or digital materials.

The Letter of Credit for Film Production template is a fully editable film production form which can be easily customized for your needs.