Common use of License; Ownership Clause in Contracts

License; Ownership. Each Membership shall only confer a ticket license. Member can be either an individual or business entity. If the Member is a business entity, a contact name must be provided to North Carolina Football Club. Business entities may request a change in the name of the contact person for its Membership account at any time. A request to change the contact person of an entity must be submitted to North Carolina Football Club by an authorized representative. North Carolina Football Club’s acceptance of payments for a Membership from any individual or entity who is not identified as the account holder for such Membership does not grant any Membership rights to such individual or entity nor cause or require North Carolina Football Club to change the name of the Member on the account. Any rights or privileges associated with a Membership belong only to the person or entity identified on North Carolina Football Club’s records. North Carolina Football Club reserves the right to require that any transaction pertaining to a Membership held in an entity name be supported by appropriate authorization documents. Membership accounts and account numbers are not transferable from one person or entity to another. The name under which an account has been purchased may not be changed, with the following exceptions: Legal name change, change in marital status, change in business name, dissolution of business, sale of business, or death of account holder. All requests for account information changes must be submitted in writing.