Common use of Delta Club and XX Xxxxxx Club Clause in Contracts

Delta Club and XX Xxxxxx Club. During Knicks Events, the Knicks shall be permitted to provide certain ticketholders (subject to physical capacity constraints) with access to (a) the club currently known as the Delta Sky 360 Club and (b) the club currently known as the XX Xxxxxx Club (collectively, the “VIP Clubs”). Ticketholders who have access to the VIP Clubs shall be entitled to a certain amount of complimentary food and beverage. The Knicks shall have the sole discretion in determining the price charged to ticketholders for access to, as well as the menu offered in, the VIP Clubs, and shall retain all revenues therefrom. Licensor shall operate the VIP Clubs in accordance with the Standard (the “VIP Club Services”), for which the Knicks shall reimburse Licensor’s actual cost, without markup or overhead, attributable to such Knicks Events.

Appears in 6 contracts

Samples: Arena License Agreement (MSGE Spinco, Inc.), Arena License Agreement (Madison Square Garden Entertainment Corp.), Arena License Agreement (Madison Square Garden Sports Corp.)

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