Common use of Authority’s Right of Approval Clause in Contracts

Authority’s Right of Approval. In connection with the enforcement of any Leasehold Mortgage, any proposed transfer of the leasehold, license, and other estates or interests created by this Agreement to a Leasehold Mortgagee or Person acquiring such leasehold, license, and other estates or interests from a Leasehold Mortgagee shall be subject to the terms of Section 17.1 hereof, provided, however, that the Authority does hereby Approve the proposed transferee if the proposed transferee is (i) an Institutional Lender, (ii) an Affiliate of such a Leasehold Mortgagee, (iii) a Person acquiring the Team in a transaction that has been approved by the NFL or (iv) a Person acquiring the leasehold, license, and other estates or interests created by this Agreement from a Leasehold Mortgagee in a transaction that has been approved by the NFL (each of the foregoing subsections (i)-(iv) also constituting a “Permitted Assignment” under Section 17.1(b)).

Authority’s Right of Approval. In connection with the enforcement of any Leasehold Mortgage, any proposed transfer of the leasehold, license, license and other estates or interests created by this Agreement to a Leasehold Mortgagee or Person acquiring such leasehold, license, license‌ and other estates or interests from a Leasehold Mortgagee shall be subject to the terms of Section 17.1 hereof, provided, however, that the Authority does hereby Approve the proposed transferee if the proposed transferee is (i) an Institutional Lender, (ii) an Affiliate of such a Leasehold Mortgagee, (iii) a Person acquiring the Team in a transaction that has been approved by the NFL or (iv) a Person acquiring the leasehold, license, license and other estates or interests created by this Agreement from a Leasehold Mortgagee in a transaction that has been approved by the NFL (each of the foregoing subsections (i)-(iv) also constituting a “Permitted Assignment” under Section 17.1(b)).

Authority’s Right of Approval. In connection with the enforcement of any Leasehold Mortgage, any proposed transfer of the leasehold, license, and other estates or interests created by this Agreement to a Leasehold Mortgagee or Person acquiring such leasehold, license, and other estates or interests from a Leasehold Mortgagee shall be subject to the terms of Section 17.1 hereof, provided, however, that the Authority does hereby Approve the proposed transferee if the proposed transferee is (i) an Institutional Lender, (ii) an Affiliate of such a Leasehold Mortgagee, (iii) a Person acquiring the Team in a transaction that has been approved by the NFL or (iv) a Person acquiring the leasehold, license, and other estates or interests created by this Agreement from a Leasehold Mortgagee in a transaction that has been approved by the NFL (each of the foregoing subsections (i)-(iv) also constituting a “Permitted Assignment” under Section 17.1(b)).17.1(b)).‌

Authority’s Right of Approval. In connection with the enforcement of any Leasehold Mortgage, any proposed transfer of the leasehold, license, license and other estates or interests created by this Agreement to a Leasehold Mortgagee or Person acquiring such leasehold, license, license and other estates or interests from a Leasehold Mortgagee shall be subject to the terms of Section 17.1 hereof, provided, however, that the Authority does hereby Approve the proposed transferee if the proposed transferee is (i) an Institutional Lender, (ii) an Affiliate of such a Leasehold Mortgagee, (iii) a Person acquiring the Team in a transaction that has been approved by the NFL or (iv) a Person acquiring the leasehold, license, license and other estates or interests created by this Agreement from a Leasehold Mortgagee in a transaction that has been approved by the NFL (each of the foregoing subsections (i)-(iv) also constituting a “Permitted Assignment” under Section 17.1(b)).

Authority’s Right of Approval. In connection with the enforcement of any Leasehold Mortgage, any proposed transfer of the leasehold, license, and other estates or interests created by this Agreement to a Leasehold Mortgagee or Person acquiring such leasehold, license, and other estates or interests from a Leasehold Mortgagee shall be subject to the terms of Section 17.1 hereof, provided, however, that the Authority does hereby Approve the proposed transferee if the proposed transferee is (i) an Institutional Lender, (ii) an Affiliate of such a Leasehold Mortgagee, (iii) a Person acquiring the Team in a transaction that has been approved by the NFL MLB or (iv) a Person acquiring the leasehold, license, and other estates or interests created by this Agreement from a Leasehold Mortgagee in a transaction that has been approved by the NFL MLB (each of the foregoing subsections (i)-(iv) also constituting a “Permitted Assignment” under Section 17.1(b)).