Common use of Cancellation of Event Clause in Contracts

Cancellation of Event. Subject to the termination provisions contained herein, if Emerald cancels the Event in advance of the start of the Event for reasons other than force majeure, Emerald shall refund to Sponsor a pro rata amount of its sponsorship fees previously paid for the portion of the sponsorship services not fulfilled, in full satisfaction of all liabilities of Emerald to Sponsor. Notwithstanding the foregoing, Emerald, using its sole discretion, may cancel the Event in advance of the start of, or during, the Event for the safety and security of the Event participants without an obligation to refund any pay- ments made by Sponsor. If such cancellation is the result of force majeure for which Emerald recovers insurance proceeds, Emerald will offer, in any manner in Emerald’s sole discretion, pro rata proceeds for the benefit of Event sponsors and exhibitors. Additionally, Emerald reserves the right to postpone, rename or relocate the Event or change the Event dates. If Emerald changes the name of the Event, relocates the Event to another facility, or changes the Event dates to dates that are not more than 30 days earlier or 30 days later, no refund of any sponsorship fees will be due to Sponsor.

Appears in 4 contracts

Samples: High Performance Audio Room Contract, Meeting Room Application, High Performance Audio Room Contract

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Cancellation of Event. Subject to the termination provisions contained herein, if Emerald cancels the Event in advance of the start of the Event for reasons other than force majeure, Emerald shall refund to Sponsor a pro rata amount of its sponsorship fees previously paid for the portion of the sponsorship services not fulfilled, in full satisfaction of all 2 liabilities of Emerald to Sponsor. Notwithstanding the foregoing, Emerald, using its sole discretion, may cancel the Event in advance of the start of, or during, the Event for the safety and security of the Event participants without an obligation to refund any pay- ments payments made by Sponsor. If such cancellation is the result of force majeure for which Emerald recovers insurance proceeds, Emerald will offer, in any manner in Emerald’s sole discretion, pro rata proceeds for the benefit of Event sponsors and exhibitors. Additionally, Emerald reserves the right to postpone, rename or relocate the Event or change the Event dates. If Emerald changes the name of the Event, relocates the Event to another facility, or changes the Event dates to dates that are not more than 30 days earlier or 30 days later, no refund of any sponsorship fees will be due to Sponsor.

Appears in 1 contract

Samples: Sponsorship Contract

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