Common use of Damage, Destruction, Renovation, Etc Clause in Contracts

Damage, Destruction, Renovation, Etc. In connection with (and after) the initial construction of the Stadium, the Authority and StadCo reserve the right, in the case of construction or design necessity, any federal, state or local law, ordinance or regulation, NFL regulation or directive, damage or destruction (whether whole or partial), renovation, reconstruction or obsolescence, to alter or change the design or configuration of the Stadium, including any change in the location of each of the Seat(s), which changes may affect the location or existence of the Seat(s) associated with the PSL(s). The Licensee acknowledges and agrees that, in the event of any change or alteration of seat locations within the Stadium, the PSL Agent may, in its discretion, provide the Licensee with a Comparable Seat(s). In such event, the Licensee will not be entitled to a refund of the License Fee or any interest paid by the Licensee if there is any change or alteration of seat locations within the Stadium. In addition, the Licensee will not be entitled to a refund of the License Fee or any interest paid by the Licensee for any change or alteration of the Stadium amenities provided to the Licensee.