Common use of FINANCIAL ASPECTS Clause in Contracts

FINANCIAL ASPECTS. Subject to this paragraph, all income related to the Event (e.g. licensing of broadcast rights and all other electronic media rights, income from Event spon- sors, ticketing and merchandising, multimedia such as games, Event catering, public subsidies and other sources) shall be retained by the NSA and the Or- ganiser for the organisation of the Event, to be allocated according to their in- ternal agreement, which may deviate from the allocation of the rights as pro- vided in the FIS Advertising and other similar Rules. The NSA shall use all com- mercially reasonable efforts to grant access to FIS to any media rights to the Competitions which are not sold and/or not exploited ('unused rights') by the NSA/the Organiser or their media rights licensees on a non-exclusive basis and in perpetuity for distribution on FIS owned and/or controlled digital outlets. Furthermore, the NSA/the Organiser shall use all commercially reasonable ef- forts to make available to FIS and FIS' World Cup sponsor partners, the world- wide, perpetual, non-exclusive right to: • exploit up to three (3) minutes of footage of FIS' choice per Competition day not earlier than one (1) hour after the conclusion of the relevant Competition on FIS' and FIS' World Cup sponsor partners' owned and controlled digital outlets (including, without limitation, the FIS official website and App, YouTube, TikTok, Facebook, Twitter, Instagram, Peri- scope and Snapchat), the scope of use by FIS’ sponsor partners to be agreed between the Parties and/or FIS' post-Event programming be- yond their digital outlets; and • use the NSA's/the Organiser's archive footage relating to previous edi- tions of the Event within a reasonable scope to be agreed between the Parties for non-exclusive use in perpetuity for use on FIS' owned and controlled digital outlets (including, without limitation, the FIS official website and App, YouTube, TikTok, Facebook, Twitter, Instagram, Peri- scope and Snapchat) and/or FIS' post-Event programming beyond their digital outlets The FIS is entitled to keep all income from the Title sponsor(s) and Central sponsor(s) of the VIESSMANN FIS Ski Jumping World Cup «DISCIPLINES», which is used for the FIS costs for professional staff and organisation, and has no financial obligation towards the NSA and/or the Organiser with respect to the Event. All financial obligations related to the Event shall be met by the NSA and the Organiser, subject to exceptions specified in this Agreement. Payments to the teams and/or athletes for travel money (art 9.2) and/or prize- money (art.9.3) may be transferred by electronic banking means as defined in the WCR.

Appears in 1 contract

Samples: Agreement

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FINANCIAL ASPECTS. Subject to this paragraph, all income related to the Event (e.g. licensing of broadcast rights and all other electronic media rights, income from Event spon- sors, ticketing and merchandising, multimedia such as games, Event catering, public subsidies and other sources) shall be retained by the NSA and the Or- ganiser for the organisation of the Event, to be allocated according to their in- ternal agreement, which may deviate from the allocation of the rights as pro- vided in the FIS Advertising and other similar Rules. The NSA shall use all com- mercially reasonable efforts to grant access to FIS to any media rights to the Competitions which are not sold and/or and/ or not exploited ('unused rights') by the NSA/NSA/ the Organiser or their media rights licensees on a non-exclusive basis and in perpetuity for distribution on FIS owned and/or and/ or controlled digital outlets. Furthermore, the NSA/NSA/ the Organiser shall use all commercially reasonable ef- forts to make available to FIS and to FIS' World Cup sponsor partners, partners the world- wide, perpetual, non-non exclusive right to: • exploit up to three (3) minutes of footage of FIS' choice per Competition day not earlier than one (1) hour after the conclusion of the relevant Competition on FIS' and FIS' World Cup sponsor partners' owned and controlled digital outlets (including, without limitation, the FIS official website and App, YouTube, TikTok, Facebook, Twitter, Instagram, Peri- scope and Snapchat), ) the scope of use by FIS’ sponsor partners to be agreed between the Parties and/or FIS' post-Event programming be- yond their digital outlets; and • use the NSA's/the Organiser's archive footage relating to previous edi- tions of the Event within a reasonable scope to be agreed between the Parties for non-exclusive use in perpetuity for use on FIS' owned and controlled digital outlets (including, without limitation, the FIS official website and App, YouTube, TikTok, Facebook, Twitter, Instagram, Peri- scope Periscope and Snapchat) and/or FIS' post-Event programming beyond their digital outlets out- lets The FIS is entitled to keep all income from the tTitle sponsor and Central spon- sor(s) of the COOP FIS Cross-Country Ski World Cup and has no financial ob- ligation towards the NSA and/or the Organiser with respect to the Event. The FIS is entitled to keep all income from the Title sponsor(s) and Central sponsor(s) of the VIESSMANN FIS Ski Jumping Cross-Country World Cup «DISCIPLINES»Cup, which is used for the FIS costs for professional staff and organisation, and has no financial obligation towards the NSA and/or the Organiser with respect to the Event. All financial obligations related to the Event shall be met by the NSA and the Organiser, subject to exceptions specified in this Agreement. Payments to the teams and/or athletes for travel money (art 9.2) and/or prize- money (art.9.3) may must be transferred by electronic banking means as defined de- fined in the WCR.

Appears in 1 contract

Samples: Place»

FINANCIAL ASPECTS. Subject to this paragraph, all income related to the Event (e.g. licensing of broadcast rights and all other electronic media rights, income from Event spon- sorssponsors, ticketing and merchandising, multimedia such as games, Event catering, public subsidies and other sources) shall be retained by the NSA and the Or- ganiser Organiser for the organisation of the Event, to be allocated according to their in- ternal internal agreement, which may deviate from the allocation of the rights as pro- vided provided in the FIS Advertising and other similar Rules. The NSA shall use all com- mercially commercially reasonable efforts to grant access to FIS to any media rights to the Competitions which are not sold and/or not exploited ('unused rights') by the NSA/the Organiser or their media rights licensees on a non-exclusive basis and in perpetuity for distribution on FIS owned and/or controlled digital outlets. Furthermore, the NSA/the Organiser shall use all commercially reasonable ef- forts efforts to make available to FIS and to FIS' World Cup sponsor partnerspartners the worldwide, the world- wide, perpetualperpet- ual, non-exclusive right to: • exploit up to three (3) minutes of footage of FIS' choice per Competition day not earlier than one (1) hour after the conclusion of the relevant Competition on FIS' and FIS' World Cup sponsor partners' owned and controlled digital outlets out- lets (including, without limitation, the FIS official website and App, YouTube, TikTok, Facebook, Twitter, Instagram, Peri- scope Periscope and Snapchat), ) the scope of use by FIS’ sponsor partners to be agreed between the Parties and/or FIS' post-Event programming be- yond beyond their digital outlets; and • use the NSA's/the Organiser's archive footage relating to previous edi- tions editions of the Event within a reasonable scope to be agreed between the Parties for non-non- exclusive use in perpetuity for use on FIS' owned and controlled digital outlets (includinginclud- ing, without limitation, the FIS official website and App, YouTube, TikTok, FacebookFa- cebook, Twitter, Instagram, Peri- scope Periscope and Snapchat) and/or FIS' post-Event programming beyond their digital outlets The FIS is entitled to keep all income from the Title sponsor(s) and Central sponsor(s) of the VIESSMANN FIS Ski Jumping Nordic Combined World Cup «DISCIPLINES»Cup, which is used for the FIS costs for professional staff and organisation, and has no financial obligation towards the NSA and/or the Organiser with respect to the Event. All financial obligations related to the Event shall be met by the NSA and the Organiser, subject to exceptions specified in this Agreement. Payments to the teams and/or athletes for travel money (art 9.2) and/or prize- money (art.9.3) may should be transferred by electronic banking means as defined in the WCR.

Appears in 1 contract

Samples: Agreement

FINANCIAL ASPECTS. Subject to this paragraph, all income related to the Event (e.g. licensing of broadcast rights and all other electronic media rights, income from Event spon- sors, ticketing and merchandising, multimedia such as games, Event catering, public subsidies and other sources) shall be retained by the NSA and the Or- ganiser for the organisation of the Event, to be allocated according to their in- ternal agreement, which may deviate from the allocation of the rights as pro- vided in the FIS Advertising and other similar Rules. The NSA shall use all com- mercially reasonable efforts to grant access to FIS to any media rights to the Competitions which are not sold and/or and/ or not exploited ('unused rights') by the NSA/NSA/ the Organiser or their media rights licensees on a non-exclusive basis and in perpetuity for distribution on FIS owned and/or and/ or controlled digital outlets. Furthermore, the NSA/NSA/ the Organiser shall use all commercially reasonable ef- forts to make available to FIS and to FIS' World Cup sponsor partners, partners the world- wide, perpetual, non-exclusive right to: • exploit up to three (3) minutes of footage of FIS' choice per Competition day not earlier than one (1) hour after the conclusion of the relevant Competition on FIS' and FIS' World Cup sponsor partners' owned and controlled digital outlets (including, without limitation, the FIS official website and App, YouTube, TikTok, Facebook, Twitter, Instagram, Peri- scope and Snapchat), ) the scope of use by FIS’ sponsor partners to be agreed between the Parties and/or FIS' post-Event programming be- yond their digital outlets; and • use the NSA's/the Organiser's archive footage relating to previous edi- tions of the Event within a reasonable scope to be agreed between the Parties for non-exclusive use in perpetuity for use on FIS' owned and controlled digital outlets (including, without limitation, the FIS official website and App, YouTube, TikTok, Facebook, Twitter, Instagram, Peri- scope Periscope and Snapchat) and/or FIS' post-Event programming beyond their digital outlets out- lets FIS is entitled to keep all income from the title sponsor and Central sponsor(s) of the COOP FIS Cross-Country World Cup and has no financial obligation to- wards the NSA and/or the Organiser with respect to the Event. The FIS is entitled to keep all income from the Title sponsor(s) and Central sponsor(s) of the VIESSMANN FIS Ski Jumping Cross-Country World Cup «DISCIPLINES»Cup, which is used for the FIS costs for professional staff and organisation, and has no financial obligation towards the NSA and/or the Organiser with respect to the Event. All financial obligations related to the Event shall be met by the NSA and the Organiser, subject to exceptions specified in this Agreement. Payments to the teams and/or athletes for travel money (art 9.2) and/or prize- money (art.9.3) may must be transferred by electronic banking means as defined in the WCR.

Appears in 1 contract

Samples: Agreement

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FINANCIAL ASPECTS. Subject to this paragraph, all income related to the Event (e.g. licensing of broadcast rights and all other electronic media rights, income from Event spon- sors, ticketing and merchandising, multimedia such as games, Event catering, public subsidies and other sources) shall be retained by the NSA and the Or- ganiser for the organisation of the Event, to be allocated according to their in- ternal agreement, which may deviate from the allocation of the rights as pro- vided in the FIS Advertising and other similar Rules. The NSA shall use all com- mercially reasonable efforts to grant access to FIS to any media rights to the Competitions which are not sold and/or not exploited ('unused rights') by the NSA/the Organiser or their media rights licensees on a non-exclusive basis and in perpetuity for distribution on FIS owned and/or controlled digital outlets. Furthermore, the NSA/the Organiser shall use all commercially reasonable ef- forts to make available to FIS and FIS' World Cup sponsor partners, the world- wide, perpetual, non-exclusive right to: • exploit up to three (3) minutes of footage of FIS' choice per Competition day not earlier than one (1) hour after the conclusion of the relevant Competition on FIS' and FIS' World Cup sponsor partners' owned and controlled digital outlets (including, without limitation, the FIS official website and App, YouTube, TikTok, Facebook, Twitter, Instagram, Peri- scope and Snapchat), the scope of use by FIS’ sponsor partners to be agreed between the Parties and/or FIS' post-Event programming be- yond their digital outlets; and • use the NSA's/the Organiser's archive footage relating to previous edi- tions of the Event within a reasonable scope to be agreed between the Parties for non-exclusive use in perpetuity for use on FIS' owned and controlled digital outlets (including, without limitation, the FIS official website and App, YouTube, TikTok, Facebook, Twitter, Instagram, Peri- scope and Snapchat) and/or FIS' post-Event programming beyond their digital outlets The FIS is entitled to keep all income from the Title sponsor(s) and Central sponsor(sspon- sor(s) of the VIESSMANN FIS Ski Jumping World Cup «DISCIPLINES»DISCIPLINE(S), which is used for the FIS costs for professional staff and organisation, and has no financial xxxxx- cial obligation towards the NSA and/or the Organiser with respect to the Event. All financial obligations related to the Event shall be met by the NSA and the Organiser, subject to exceptions specified in this Agreement. Payments to the teams and/or athletes for travel money (art 9.2) and/or prize- money (art.9.3) may be transferred by electronic banking means as defined in the WCR.

Appears in 1 contract

Samples: Agreement

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