Event Day Use Sample Clauses

Event Day Use. Subject to Section 2.1.3, during the Term, the Licensee shall have the exclusive right to use the Premises for the Permitted Uses (a) with respect to a Home Game at the Arena or Basketball Special Event, during the entire day of such Home Game or Basketball Special Event (i.e., 12:00 a.m. to the later of 11:59 p.m. and two (2) hours after the conclusion of such Home Game or Basketball Special Event if it ends after 10:00 p.m.) and (b) with respect to each Other Licensee Event scheduled in accordance with Section 2.1.4, for a reasonable amount of time necessary to hold such Other Licensee Event, including set-up, tear-down, cleanup or other conversion activities related thereto (the “Licensee Use Period”); provided, however, that if the Licensor desires to schedule an Other Event at the Arena on the same date on which a Licensee Event is scheduled, then upon written notice by the Licensor to the Licensee, the Licensee, in its reasonable discretion, may waive its exclusive right to use the Premises during the entirety of the Licensee Use Period so long as the Licensee has exclusive use of the Premises during the time period consisting of four (4) hours prior to the scheduled commencement of the Licensee Event to two (2) hours after the conclusion of the Licensee Event; provided, further, that if the City desires to schedule a City Minor Event (as defined in the Arena Agreement) at the Arena on the same date on which a Licensee Event is scheduled, then, subject to any limitations set forth in the Arena Agreement, the City shall be permitted to use such portion of the Arena for such City Minor Event that could not reasonably be expected to materially interfere with such Licensee Event so long as such City Minor Event does not take place during, or four (4) hours before or two (2) hours after, such Licensee Event. Prior to the commencement of each Licensee Use Period, the Licensor shall cause the Arena to be in substantially the condition required for the playing of a Home Game pursuant to Section 6.3. The Licensee shall have uninterrupted exclusive access to and from the Premises, including all accessory rights of entry, ingress and egress, during the Licensee Use Period.
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Related to Event Day Use

  • Payment Day Unless specified otherwise in the applicable Final Terms, if the due date for payment of any amount in respect of any Note or Coupon is not a Payment Day, the holder thereof shall not be entitled to payment until the next following Payment Day in the relevant place and shall not be entitled to further interest or other payment in respect of such delay. For these purposes, unless otherwise specified in the applicable Final Terms, “

  • Holiday Falling on a Day of Rest (a) When a paid holiday falls on an employee's day of rest, the employee shall be entitled to a day off with pay in lieu.

  • 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”):

  • Holiday Falling on a Scheduled Workday‌ A team member who works on a designated holiday which is a scheduled workday shall be compensated at the rate of double-time for hours worked, plus a day off in lieu of the holiday; except for Christmas and New Year's when the compensation shall be at the rate of double-time and one-half for hours worked, plus a day off in lieu of the holiday. The scheduling of the lieu day shall be in accordance with Appendix 4.

  • Holiday Falling on a Scheduled Workday An employee who works on a designated holiday which is a scheduled workday shall be compensated at the rate of double-time for hours worked, plus a day off in lieu of the holiday; except for Christmas and New Year's when the compensation shall be at the rate of double-time and one-half for hours worked, plus a day off in lieu of the holiday.

  • Payments from the Gross Settlement Amount The Administrator will make and deduct the following payments from the Gross Settlement Amount, in the amounts specified by the Court in the Final Approval:

  • Deposit Pay ment of The Fixed Reserve Price 5.1. E-Bidders must make deposit payment as required under the Conditions of Sale attached to Proclamation of Sale, i.e. 10% of the reserve price.

  • Thirty Day Payments Upon receipt of a billing statement that complies with all invoice requirements set forth in this Article, the State shall make a good faith effort to pay the amount which is due and payable within thirty (30) days.

  • Payment in the Event Losses Fail to Reach Expected Level On the date that is 45 days following the last day (such day, the “True-Up Measurement Date”) of the Final Shared Loss Month, or upon the final disposition of all Shared Loss Assets under this Single Family Shared-Loss Agreement at any time after the termination of the Commercial Shared-Loss Agreement, the Assuming Institution shall pay to the Receiver fifty percent (50%) of the excess, if any, of (i) twenty percent (20%) of the Intrinsic Loss Estimate less (ii) the sum of (A) twenty-five percent (25%) of the asset premium (discount) plus (B) twenty-five percent (25%) of the Cumulative Shared-Loss Payments plus (C) the Cumulative Servicing Amount. The Assuming Institution shall deliver to the Receiver not later than 30 days following the True-Up Measurement Date, a schedule, signed by an officer of the Assuming Institution, setting forth in reasonable detail the calculation of the Cumulative Shared-Loss Payments and the Cumulative Servicing Amount.

  • Payment Date An amount calculated as being due in respect of any Early Termination Date under Section 6(e) will be payable on the day that notice of the amount payable is effective (in the case of an Early Termination Date which is designated or occurs as a result of an Event of Default) and on the day which is two Local Business Days after the day on which notice of the amount payable is effective (in the case of an Early Termination Date which is designated as a result of a Termination Event). Such amount will be paid together with (to the extent permitted under applicable law) interest thereon (before as well as after judgment) in the Termination Currency, from (and including) the relevant Early Termination Date to (but excluding) the date such amount is paid, at the Applicable Rate. Such interest will be calculated on the basis of daily compounding and the actual number of days elapsed.

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