Concessions Agreements Sample Clauses

Concessions Agreements. The Arena Manager has the sole and exclusive right during the Term to negotiate and enter into all Concessions Agreements, and shall assume, to the extent required under the NHL Purchase Agreement, any existing Concessions Agreement entered into prior to the Closing Date to the extent permitted by such agreement. (a) Concession Agreements shall be made upon such commercially reasonable terms and conditions as the Arena Manager deems appropriate in its reasonable discretion. The Team Owner shall not take any action with respect to, or have any authority over, Concessions and Concessions Agreements. (b) Arena Manager shall retain as Exclusive Arena Manager Revenues all payments and other consideration to be made to or provided pursuant to a given Concessions Agreement to the extent not directly attributable to a Team Revenue Event or a City Sponsored Event. (c) The Arena Manager shall cause, and shall cause each Concessions Agreement to require that, all payments and other consideration to be made to or provided by the concessionaire under a Concessions Agreement (i) be paid to the Arena Manager, as Operating Revenues, to the extent directly attributable to a Team Revenue Event or a City Sponsored Event, and (ii) be paid to the City, to the extent directly attributable to a Community Event. For clarity, only payments or other considerations to be made or provided pursuant to a Concessions Agreement that (A) are calculated solely on the basis of sales made or transactions completed during a Team Revenue Event or a City Sponsored Event directly relating to such Team Revenue Event or City Sponsored Event, or (B) are payable solely because a given Team Revenue Event or City Sponsored Event is held shall be “directly attributable” to such Team Revenue Event or City Sponsored Event. (d) The Arena Manager shall, within 10 days after the execution of a Concessions Agreement, give to the City notice of the execution of the Concessions Agreement, the name of the concessionaire that is a party to such Concessions Agreement, and the products or services to be offered by such concessionaire under such Concessions Agreement. (e) The Arena Manager shall cause all Concessions Agreements to contain the Exculpatory Language and a provision requiring that food and beverage service for the City Suite shall be provided at the same cost and manner as food and beverage service provided to the “Owner’s Suite” or any suite licensed to or used by the Arena Manager, the Team Owner, or...
Sample 1
AutoNDA by SimpleDocs
Concessions Agreements. Subject to Sections 2.4.2 and 2.4.6 below and the remaining provisions of this Section, Manager shall negotiate, enter into and administer, as agent on behalf of Corporation and for the benefit of the Hotel, concession agreements for the Hotel. Manager shall ensure that all concession agreements are expressly assignable to Corporation or its designee, unless entered into explicitly by Manager on behalf of Corporation. Prior to entering into any such concession agreement (or any other similar occupancy agreement), Manager shall have received an opinion from the Hotel's legal counsel to the effect that such concession agreement will not adversely affect the Hotel's exemption from ad valorem taxes, which opinion shall run for the benefit of Corporation. Upon the termination of this Agreement for any reason whatsoever, Manager shall promptly take all actions necessary to assign to Corporation or its designee all such concession agreements. In addition, Manager shall use commercially reasonable efforts to include in each such agreement a no personal liability clause in favor of Corporation.
Sample 1

Related to Concessions Agreements

  • No Existing Non-Competition Agreements No Insider is subject to any non-competition agreement or non-solicitation agreement with any employer or prior employer which could materially affect his ability to be an employee, officer and/or director of the Company, except as disclosed in the Registration Statement.

  • Non-Competition Agreements Except as described in the Statutory Prospectus and the Prospectus, to the Company’s knowledge, none of the Sponsor, directors or executive officers of the Company is subject to a non-competition agreement or non-solicitation agreement with any employer or prior employer which could materially affect his, her or its ability to be and act in the capacity of shareholder, executive officer or director of the Company, as applicable.

  • Noncompetition Agreements Purchaser shall have executed and delivered to each Seller a Noncompetition Agreement substantially in the form attached hereto as Schedule 6.5(a).

  • Letter Agreements The Company shall not take any action or omit to take any action which would cause a breach of any of the Letter Agreements executed and will not allow any amendments to, or waivers of, such Letter Agreements without the prior written consent of the Representative.

  • Confidentiality Agreements The parties hereto agree that this Agreement supersedes any provision of the Confidentiality Agreements that could be interpreted to preclude the exercise of any rights or the fulfillment of any obligations under this Agreement, and that none of the provisions included in the Confidentiality Agreements will act to preclude Holder from exercising the Option or exercising any other rights under this Agreement or act to preclude Issuer from fulfilling any of its obligations under this Agreement.

  • Nondisclosure Agreement You will comply with the covenant regarding confidential information in Section 17 of the Employment Agreement, which covenant is incorporated herein by reference.

  • Client Agreements Supplier will have a direct contract with, or provide its standard Product or Service terms directly to, Client, which will be enforceable solely between Client and Supplier, for all terms related to Client’s receipt and use of Products and Services (each a “Client Agreement”), other than the payment, risk of loss, and delivery terms that are contracted directly with Accenture.

  • Legal Agreements This Agreement constitutes and, upon due execution by the Borrower, the other Loan Documents will constitute the legal, valid and binding obligations of the Borrower, enforceable against the Borrower in accordance with their respective terms.

  • Adverse Agreements Company is not, and will not be as of the Closing Date, a party to any agreement or instrument or subject to any charter or other corporate restriction or any judgment, order, writ, injunction, decree, rule or regulation that materially and adversely affects the condition (financial or otherwise), operations, assets, liabilities, business or prospects of Company, the Business or the Assets.

  • SPECIAL AGREEMENTS The following special arrangements have been made: City, Date City, Date Seller's signature Buyer's signature

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