Common use of Baseball Approvals Clause in Contracts

Baseball Approvals. On or before July 15, 2014, Club shall submit to the applicable Baseball Authorities a Request for Relocation to the Venue of a Team that meets the requirements of Section III(A)(5)(b) of the Venue License Agreement, which Request for Relocation shall include a then-current copy of the Project Plans. In the event the Project Plans are not in a form as of the submission date that will allow for final Baseball Approvals, Club shall request approval of the Request for Relocation, subject to subsequent submission of Project Plans which permit the final Baseball Approvals and satisfaction of any other conditions of such preliminary approval that are imposed by the Baseball Authorities. Notwithstanding the foregoing, Club agrees to obtain all final Baseball Approvals no later than October 1, 2014; provided such date shall be automatically extended so long as Club has filed the requisite application (including all related documentation) with the Baseball Authorities and NAPBL confirms that the application is in the approval process. Club reserves the right to substitute a different specifically-identified Team owned by Club that meets the requirements of the Venue License Agreement and for which Baseball Approvals are obtained on the schedule and as otherwise provided herein.

Appears in 4 contracts

Samples: Development Agreement, Development Agreement, Development Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!