CVC Events Sample Clauses

CVC Events. Bristol acknowledges that it has entered into the CVC Use Agreement with the CVC of even date herewith pursuant to which (a) the CVC will have use of the Premises pursuant to the terms of this Section 12(e), and (b) the CVC will pay to Bristol the CVC Use Payments. Bristol hereby assigns to, and grants to the Fair Board a security interest in, all of its right, title and interest in the CVC Use Payments to secure Bristol’s obligations under this Lease. Bristol agrees that it shall cause the CVC to make the CVC Use Payments directly to the Bond Trustee for deposit into the Lease Revenue Fund and application by the Bond Trustee in accordance with Section 9(b) hereof. Pursuant to the terms hereof, the CVC shall be entitled to a total of twenty (20) days of rent-free (other than payment of the CVC Use Payment to the Bond Trustee) use of the Premises for non-Speedway Events (“CVC Events”) at times not in conflict with any Speedway Event and at dates and times acceptable to Bristol in its sole discretion. The CVC shall coordinate the scheduling of the CVC Events with Bristol so as to minimize interference with Xxxxxxx’s business activities. In no event may the CVC schedule a CVC Event during a Significant Event Week without the consent of Bristol, which consent may be withheld in Bristol’s sole discretion. Upon scheduling each CVC Event, the CVC and Bristol shall enter into an agreement in form and content acceptable to Bristol establishing the date and time of such CVC Event, the rules and regulations applicable to CVC, and restating the covenants and obligations of this Section 12(f) as applied to such CVC Event. The CVC shall pay or cause to be paid all expenses in connection with any CVC Event, including reimbursement to Bristol for Operating Expenses as provided in Section 9(c)(i). CVC shall retain all revenues from ticket sales for CVC Events, and the same shall in no event be included in Gross Revenue. Bristol shall be responsible for the provision of all food and beverage concessions for any CVC Event and revenues therefrom will be shared to ensure that all of Bristol’s Operating Expenses with respect to such CVC Event are recouped. The CVC may not contract the rights to hold a CVC Event to any third party without advance written approval by Bristol.
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Related to CVC Events

  • Default Events (a) Any material breach of the Funding Agreement by the Recipient, including those set out below, will be an event of default (“Default Event”):

  • Termination Events This Agreement may, by notice given prior to or at the Closing, be terminated:

  • Special Events During the Term of the Agreement, the Concessionaire may schedule events for dates up to 12 months after the Agreement’s end date. For all events scheduled during the 12-month post-agreement period, the Concessionaire will provide a copy of the original event contract to the Department. All special event contracts for events after the Agreement’s end date must provide notice that the contract may be assigned to another concessionaire at the Department’s request. The Department may either issue a permit authorizing the Concessionaire to fulfill these event obligations or require the Concessionaire to assign the contracts and deposits to another concessionaire. In the event of a cancellation, the Concessionaire will not pursue or accept a replacement date or event, unless the Department’s Agreement Manager gives written pre-approval. After the Agreement’s end date, the Concessionaire will not schedule any additional events or reschedule existing events.

  • Adjustment events In the event the General Partner (i) declares or pays a dividend on any Class of its outstanding REIT Shares in REIT Shares or makes a distribution to all holders of any Class of its outstanding REIT Shares in REIT Shares, (ii) subdivides any Class of its outstanding REIT Shares, or (iii) combines any Class of its outstanding REIT Shares into a smaller number of REIT Shares with respect to any Class of REIT Shares, then a corresponding adjustment to the number of outstanding Partnership Units of the applicable Class necessary to maintain the proportionate relationship between the number of outstanding Partnership Units of such Class to the number of outstanding REIT Shares of such Class shall automatically be made. Additionally, in the event that any other entity shall become General Partner pursuant to any merger, consolidation or combination of the General Partner with or into another entity (the “Successor Entity”), the number of outstanding Partnership Units of each Class shall be adjusted by multiplying such number by the number of shares of the Successor Entity into which one REIT Share of such Class is converted pursuant to such merger, consolidation or combination, determined as of the date of such merger, consolidation or combination. Any adjustment to the number of outstanding Partnership Units of any Class shall become effective immediately after the effective date of such event retroactive to the record date, if any, for such event; provided, however, that if the General Partner receives a Notice of Redemption after the record date, but prior to the effective date of such dividend, distribution, subdivision or combination, or such merger, consolidation or combination, the number of outstanding Partnership Units of any Class shall be determined as if the General Partner had received the Notice of Redemption immediately prior to the record date for such dividend, distribution, subdivision or combination or such merger, consolidation or combination. If the General Partner takes any other action affecting the REIT Shares other than actions specifically described above and, in the opinion of the General Partner such action would require an adjustment to the number of Partnership Units to maintain the proportionate relationship between the number of outstanding Partnership Units to the number of outstanding REIT Shares, the General Partner shall have the right to make such adjustment to the number of Partnership Units, to the extent permitted by law, in such manner and at such time as the General Partner, in its sole discretion, may determine to be appropriate under the circumstances.

  • Events If either Party hereto is at any time either during this Agreement or thereafter prevented or delayed in complying with any provisions of this Agreement by reason of strikes, walk-outs, labour shortages, power shortages, fires, wars, acts of God, earthquakes, storms, floods, explosions, accidents, protests or demonstrations by environmental lobbyists or native rights groups, delays in transportation, breakdown of machinery, inability to obtain necessary materials in the open market, unavailability of equipment, governmental regulations restricting normal operations, shipping delays or any other reason or reasons beyond the control of that Party, then the time limited for the performance by that Party of its respective obligations hereunder shall be extended by a period of time equal in length to the period of each such prevention or delay.

  • Compensation Events 44.1 The following are Compensation Events unless they are caused by the Contractor:

  • Extraordinary Events No fault if failure due to an Extraordinary Event

  • Subsequent Taxable Events If, within 10 years from the date on which the relevant Participating TO's Interconnection Facilities are placed in service, (i) the Interconnection Customer Breaches the covenants contained in Article 5.17.2, (ii) a "disqualification event" occurs within the meaning of IRS Notice 88-129, or (iii) this LGIA terminates and the Participating TO retains ownership of the Interconnection Facilities and Network Upgrades, the Interconnection Customer shall pay a tax gross-up for the cost consequences of any current tax liability imposed on the Participating TO, calculated using the methodology described in Article 5.17.4 and in accordance with IRS Notice 90-60.

  • Other Events There occurs any other event of a nature that would be required to be reported in response to Item 6(e) of Schedule 14A of Regulation 14A (or any successor rule) (or a response to any similar item on any similar schedule or form) promulgated under the Exchange Act (as defined below), whether or not the Company is then subject to such reporting requirement.

  • Qualifying Events In order to be eligible for COBRA continuation, you need to have experienced a Qualifying Event. A Qualifying Event is one of the events listed below which would result in loss of coverage if not for the COBRA continuation:

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