No Migration. No AR may be included in more than one of these cate- gories, and all AR must be included in one of these categories. Revenue for substantially similar rights, services, sales, etc. as for the 2011 League Year shall not migrate into another revenue bucket in subsequent League Years regardless of the entity which re- ceives or generates the AR in such subsequent League Years.
No Migration. Based on its review of the Environmental Report, to Indemnitor’s knowledge, there is no threat of any Release of Hazardous Substances migrating to the Property, except as described in the Environmental Report.
No Migration. No AR may be included in more than one of these cate- gories, and all AR must be included in one of these categories. Revenue for substantially similar rights, services, sales, etc. as for the 201 1 League Year shall not migrate into another revenue bucket in subsequent League Years regardless of the entity which xxxx xxxx or generates the AR in such subsequent League Years.
(b) 2011 League Year Player Cost Amount. The Player Cost Amount for the 2011 League Year shall be $4,556,800,000 ($ 142.4 million per Club) (i.e., the Player Cost Amount is "pegged") . The Salary Cap for the 2011 League Year shall be $120.375 million. If the amount of actual Benefits for the 2011 League Year is determined to be greater than $704,800,000 ($22.025 million per Club), then the contribution to the Player Annuity Plan or such other Benefits as determined by the NFLPA for the 2011 League Year shall be reduced by the difference so that the total Benefits cost for the 2011 League Year does not exceed $704,800,000. For the avoidance of doubt, Benefits for the 2011 League Year do not and shall not include any Performance-Based Pay Pool (be cause there is no Pool for the 2011 League Year), nor any of the NFLPA's required allocation to the Legacy Benefit as described in Subsection 2(aW) (xx) above (because the NFLPA may not allocate to the 2011 League Year), nor any of the Rookie Redistribution Fund referenced in Subsection 2(aW) (xix) above (because there is no such Fund for the 201 1 League Year).
(c) OtTher League Year Player Cost Amounts. For all other League Years, the Player Cost Amount and Salary Cap shall be calculated using the information from the Special Purpose Letters in the following manner:
(i) Calculation of tThe Projected Player Cost Amount. The Player Cost Amount shall be calculated as the sum of (1) 55% of projected League Media AR; (2) 45% of projected NFL Ventures/Postseason AR (other than AR from new line of busi ness projects pursuant to Subsection 1 (a) (xii) (2) above); (3) 40% of projected Local AR; and (4), if applicable, 50% of the net AR for new line of business projects pursuant to Subsection 1 (a) (xi) (2) above; less (5) 47.5% of the Joint Contribution Amount.
(ii) Bands. If, in any of the 201 2-14 League Years, the Player Cost Amount before application of the Stadium Credit is greater than 48% of Projected AR then the Player Cost Amount shall be reduced to 48% of Projected AR. If, in any of the 201 5-20 League Years, the Player Cost Amount before...
No Migration. Except as disclosed in the Environmental Report, there is no threat or any Release of Hazardous Substances migrating to the Property.
No Migration. Other than any off-site contamination that may be associated with the incidents described in Appendix XIV attached hereto, it is not aware of existence off of the Property of any Hazardous Materials that migrated from the Property. For purposes of this Agreement, "HAZARDOUS MATERIALS" shall mean: (i) any substance which is listed, regulated or defined as a hazardous substance, extremely hazardous substance, hazardous material, toxic substances, hazardous waste, hazardous chemical, carcinogen, mutagen, reproductive toxicant, explosive substance, corrosive substance, flammable or ignitable substance, or pollutant or contaminant or words of similar import under any Environmental Laws; (ii) radioactive substances; (iii) asbestos; (iv) radon gas; (v) polychlorinated biphenyls (PCBs); (vi) petroleum (including crude oil and any fractions thereof) and petroleum products, and any additives thereto (including without limitation MTBE); (vii) natural or synthetic gas or any mixture thereof; (viii) medical or infectious waste; (ix) lead-based paint; and (x) urea foam insulation. "ENVIRONMENTAL LAWS" shall mean: all laws, regulations, ordinances, codes, policies, governmental orders and consent decrees, and any judicial and administrative determinations thereof, of governmental authorities in effect as of the date 301 acquires the Property and as may be amended, supplemented or revised in the future relating to pollution or protection of the environment, natural resources and public (including employee) health and safety, emissions, discharges, releases or threatened releases of pollutants, contaminants, wastes, chemicals or other deleterious materials into the environment (including ambient air, surface water, groundwater or land), or the manufacture, processing, distribution, use, treatment, storage, disposal, transport or handling of pollutants, contaminants, wastes, chemicals or other deleterious materials or Hazardous Materials. The Parties shall, upon request give this representation in writing immediately prior to the transfer of the Property to 301; or if this representation is no longer accurate, such Party shall specify the then current information known to such Party regarding the information contained in this representation.
No Migration. There currently is no threat of a Release migrating to or from the Property, except as may be fully disclosed to Lender in the Environmental Report.
