Common use of Permitted Assignments by StadCo Clause in Contracts

Permitted Assignments by StadCo. Notwithstanding anything to the contrary contained in subsection (a) or any other provision of this Agreement, the Authority does hereby Approve of the following Assignments by StadCo of its rights under this Agreement (collectively, the “Permitted Assignments”):‌ (i) any Assignment to any Person who is an Affiliate of the Team so long as such is approved by the NFL;‌ (ii) any Assignment in connection with a transfer of the Las Vegas Raiders’ NFL franchise, via a transfer of interests or assets, to a new controlling owner (as defined and determined by the NFL) approved by the NFL, and where the new owner assumes all obligations accruing thereafter under this Agreement, the Team Use Agreement and all related agreements (including the Project Documents) pursuant to an instrument of assignment and assumption substantially in the form of the Assignment and Assumption Agreement attached as Exhibit E or, if not substantially in such form, then in a form Approved by the Authority; (iii) any Use Agreement (including the Team Use Agreement) entered into by StadCo in the ordinary course of its operations provided that such Use Agreement is subject and subordinate to this Agreement and the other Project Documents and conforms to the Operating Standard; provided, however, if for any reason this Agreement is terminated by the Authority, the Authority shall have thirty (30) days to review the Team Use Agreement and may, at its sole option, Approve the Team Use Agreement. If the Authority Approves the Team Use Agreement, the Team shall be entitled to, and shall, continue to use the Premises, and have the rights and obligations with regard to the Premises, as set out in the Team Use Agreement Approved by the Authority. If the Team Use Agreement is not Approved by the Authority, the Team Use Agreement shall terminate and the Team shall also be relieved of all of its obligations under the Non-Relocation Agreement; (iv) any Assignment that constitutes a Leasehold Mortgage (as defined below) and any Assignment deemed to be a Permitted Assignment under Section 17.2(g) below; (v) any assignment, transfer, mortgage, pledge, encumbrance or grant a of security interest in or upon, of any of the StadCo Personal Property or any of StadCo’s receivables, accounts or revenue streams from the Stadium, provided the same is subject to the terms of and subordinate to this Agreement and the other Project Documents; and (vi) any issuance or transfer of any securities or interests having ordinary voting power for the election of directors (or other comparable controlling body) of StadCo or any transfer of an equity or beneficial interest in StadCo that results in either a change of the Controlling Person or StadCo or the creation of a Controlling Person of StadCo, where none existed before, in each case approved by the NFL.

Permitted Assignments by StadCo. Notwithstanding anything to the contrary contained in subsection (a) or any other provision of this Agreement, the Authority does hereby Approve of the following Assignments by StadCo of its rights under this Agreement (collectively, the “Permitted Assignments”):‌ (i) any Assignment to any Person who is an Affiliate of the Team so long as such is approved by the NFL;‌ (ii) any Assignment in connection with a transfer of the Las Vegas Raiders’ NFL franchise, via a transfer of interests or assets, to a new controlling owner (as defined and determined by the NFL) approved by the NFL, and where the new owner assumes all obligations accruing thereafter under this Agreement, the Team Use Agreement and all related agreements (including the Project Documents) pursuant to an instrument of assignment and assumption substantially in the form of the Assignment and Assumption Agreement attached as Exhibit E or, if not substantially in such form, then in a form Approved by the Authority; (iii) any Use Agreement (including the Team Use Agreement) entered into by StadCo in the ordinary course of its operations provided that such Use Agreement is subject and subordinate to this Agreement and the other Project Documents and conforms to the Operating Standard; provided, however, if for any reason this Agreement is terminated by the Authority, the Authority shall have thirty (30) days to review the Team Use Agreement and may, at its sole option, Approve the Team Use Agreement. If the Authority Approves the Team Use Agreement, the Team shall be entitled to, and shall, continue to use the Premises, and have the rights and obligations with regard to the Premises, as set out in the Team Use Agreement Approved by the Authority. If the Team Use Agreement is not Approved by the Authority, the Team Use Agreement shall terminate and the Team shall also be relieved of all of its obligations under the Non-Relocation Agreement; (iv) any Assignment that constitutes a Leasehold Mortgage (as defined below) and any Assignment deemed to be a Permitted Assignment under Section 17.2(g) below); (v) any assignment, transfer, mortgage, pledge, encumbrance or grant a of security interest in or upon, of any of the StadCo Personal Property or any of StadCo’s receivables, accounts or revenue streams from the Stadium, provided the same is subject to the terms of and subordinate to this Agreement and the other Project Documents; and (vi) any issuance or transfer of any securities or interests having ordinary voting power for the election of directors (or other comparable controlling body) of StadCo or any transfer of an equity or beneficial interest in StadCo that results in either a change of the Controlling Person or StadCo or the creation of a Controlling Person of StadCo, where none existed before, in each case approved by the NFL.

Permitted Assignments by StadCo. Notwithstanding anything to the contrary contained in subsection (a) or any other provision of this Agreement, the Authority does hereby Approve of the following Assignments by StadCo of its rights under this Agreement (collectively, the “Permitted Assignments”):‌Assignments”): (i) any Assignment to any Person who is an Affiliate of the Team so long as such is approved by the NFL;‌MLB; (ii) any Assignment in connection with a transfer of the [Las Vegas RaidersVegas] Athletics’ NFL MLB franchise, via a transfer of interests or assets, to a new controlling owner (as defined and determined by the NFLMLB) approved by the NFLMLB, and where the new owner assumes all obligations accruing thereafter under this Agreement, the Team Use Agreement and all related agreements (including the Project Documents) pursuant to an instrument of assignment and assumption substantially in the form of the Assignment and Assumption Agreement attached as Exhibit E or, if not substantially in such form, then in a form Approved by the Authority; (iii) any Use Agreement (including the Team Use Agreement) ), the Stadium Management Agreement, and Concessionaire Agreement entered into by StadCo in the ordinary course of its operations provided that such Use Agreement is subject and subordinate to this Agreement and the other Project Documents and conforms to the Operating Standard; provided, however, if for any reason this Agreement is terminated by the Authority, the Authority shall have thirty (30) days to review the Team Use Agreement and may, at its sole optionusing commercially reasonable judgment, Approve the Team Use Agreement. If the Authority Approves the Team Use Agreement, the Team shall be entitled to, and shall, continue to use the Premises, and have the rights and obligations with regard to the Premises, as set out in the Team Use Agreement Approved by the Authority. If the Team Use Agreement is not Approved by the Authority, the Team Use Agreement shall terminate and the Team shall also be relieved of all of its obligations under the Non-Relocation Agreement; (iv) any Assignment that constitutes a Leasehold Mortgage (as defined below) and any Assignment deemed to be a Permitted Assignment under Section 17.2(g) below; (v) any assignment, transfer, mortgage, pledge, encumbrance or grant a of security interest in or upon, of any of the StadCo Personal Property or any of StadCo’s receivables, accounts or revenue streams from the Stadium, provided the same is subject to the terms of and subordinate to this Agreement and the other Project Documents; and (vi) any issuance or transfer of any securities or interests having ordinary voting power for the election of directors (or other comparable controlling body) of StadCo or HoldCo or any transfer of an equity or beneficial interest in StadCo or HoldCo that results in either a change of the Controlling Person or StadCo or HoldCo or the creation of a Controlling Person of StadCoStadCo or HoldCo, where none existed before, in each case approved by the NFLMLB.

Permitted Assignments by StadCo. Notwithstanding anything to the contrary contained in subsection (a) or any other provision of this Agreement, the Authority does hereby Approve of the following Assignments by StadCo of its rights under this Agreement (collectively, the “Permitted Assignments”):‌ (i) any Assignment to any Person who is an Affiliate of the Team so long as such is approved by the NFL;‌all necessary MLB Approvals have been obtained in advance thereof;‌ (ii) any Assignment in connection with a transfer of the Las Vegas RaidersAthletics’ NFL MLB franchise, via a transfer of interests or assets, to a new controlling owner (as defined and determined by the NFLMLB) approved by the NFLthat has received all necessary MLB Approvals, and where the new owner or an Affiliate thereof assumes all obligations of StadCo accruing thereafter under this Agreement, the Team Use Agreement and all related agreements (including the Project Documents) pursuant to an instrument of assignment and assumption substantially in the form of the Assignment and Assumption Agreement attached as Exhibit E or, if not substantially in such form, then in a form Approved by the Authority; (iii) any Use Agreement (including the Team Use Agreement, the Stadium Management Agreement, and Concessionaire Agreement) entered into by StadCo in the ordinary course of its operations provided that such Use Agreement is subject and subordinate to this Agreement and the other Project Documents and conforms to the Operating Standard; provided, however, if for any reason this Agreement is terminated by the Authority, the Authority shall have thirty (30) days to review the Team Use Agreement Agreement‌ and may, at its sole option, Approve the Team Use Agreement. Such Team Use Agreement must provide that TeamCo will be responsible for (i) all operating expenses arising from Team Games and Team Events at, and other TeamCo uses of, the Stadium pursuant to the Team Use Agreement and (ii) Maintenance Expenses to the extent reasonably allocable to TeamCo based on, as applicable, Team Games and Team Events at, or other TeamCo uses of, the Stadium pursuant to the Team Use Agreement (the “Required Team Use Terms”). If the Authority Approves the Team Use Agreement, the Team shall be entitled to, and shall, continue to use the Premises, and have the rights and obligations with regard to the Premises, as set out in the Team Use Agreement Approved by the Authority. If the Authority rejects the Team Use Agreement is not Approved by and the AuthorityTeam Use Agreement contains the Required Team Use Terms, then the Team Use Agreement shall terminate and the Team shall also be relieved of all of its obligations under the Non-Relocation Agreement; provided, however, if the Authority determines that the Team Use Agreement does not contain the Required Team Use Terms, StadCo shall have the right to invoke the Alternative Dispute Resolution Procedures and/or revise the Team Use Agreement to include the Required Team Use Terms; (iv) any Assignment that constitutes a Leasehold Mortgage (as defined below) and any Assignment deemed to be a Permitted Assignment under Section 17.2(g) (Authority’s Right of Approval) below; (v) any assignment, transfer, mortgage, pledge, encumbrance or grant a of security interest in or upon, of any of the StadCo Personal Property or any of StadCo’s receivables, accounts or revenue streams from the Stadium, provided the same is subject to the terms of and subordinate to this Agreement and the other Project Documents; and (vi) any issuance or transfer of any securities or interests having ordinary voting power for the election of directors (or other comparable controlling body) of StadCo or HoldCo or any transfer of an equity or beneficial interest in StadCo or HoldCo that results in either a change of the Controlling Person or StadCo or HoldCo or the creation of a Controlling Person of StadCoStadCo or HoldCo, where none existed before, in each case approved by the NFLcase, that has received all necessary MLB Approvals.

Permitted Assignments by StadCo. Notwithstanding anything to the contrary contained in subsection (a) or any other provision of this Agreement, the Authority does hereby Approve of the following Assignments by StadCo of its rights under this Agreement (collectively, the “Permitted Assignments”):‌Assignments”): (i) any Assignment to any Person who is an Affiliate of the Team so long as such is approved by the NFL;‌NFL; (ii) any Assignment in connection with a transfer of the Las Vegas Raiders’ NFL franchise, via a transfer of interests or assets, to a new controlling owner (as defined and determined by the NFL) approved by the NFL, and where the new owner assumes all obligations accruing thereafter under this Agreement, the Team Use Agreement and all related agreements (including the Project Documents) pursuant to an instrument of assignment and assumption substantially in the form of the Assignment and Assumption Agreement attached as Exhibit E or, if not substantially in such form, then in a form Approved by the Authority; (iii) any Use Agreement (including the Team Use Agreement) entered into by StadCo in the ordinary course of its operations provided that such Use Agreement is subject and subordinate to this Agreement and the other Project Documents and conforms to the Operating Standard; provided, however, if for any reason this Agreement is terminated by the Authority, the Authority shall have thirty (30) days to review the Team Use Agreement and may, at its sole option, Approve the Team Use Agreement. If the Authority Approves the Team Use Agreement, the Team shall be entitled to, and shall, continue to use the Premises, and have the rights and obligations with regard to the Premises, as set out in the Team Use Agreement Approved by the Authority. If the Team Use Agreement is not Approved by the Authority, the Team Use Agreement shall terminate and the Team shall also be relieved of all of its obligations under the Non-Relocation Agreement; (iv) any Assignment that constitutes a Leasehold Mortgage (as defined below) and any Assignment deemed to be a Permitted Assignment under Section 17.2(g) below); (v) any assignment, transfer, mortgage, pledge, encumbrance or grant a of security interest in or upon, of any of the StadCo Personal Property or any of StadCo’s receivables, accounts or revenue streams from the Stadium, provided the same is subject to the terms of and subordinate to this Agreement and the other Project Documents; and (vi) any issuance or transfer of any securities or interests having ordinary voting power for the election of directors (or other comparable controlling body) of StadCo or any transfer of an equity or beneficial interest in StadCo that results in either a change of the Controlling Person or StadCo or the creation of a Controlling Person of StadCo, where none existed before, in each case approved by the NFL.

Permitted Assignments by StadCo. Notwithstanding anything to the contrary contained in subsection (a) or any other provision of this Agreement, the Authority does hereby Approve of the following Assignments by StadCo of its rights under this Agreement (collectively, the “Permitted Assignments”):‌Assignments”): (i) any Assignment to any Person who is an Affiliate of the Team so long as such is approved by the NFL;‌NFL; (ii) any Assignment in connection with a transfer of the Las Vegas Raiders’ NFL franchise, via a transfer of interests or assets, to a new controlling owner (as defined and determined by the NFL) approved by the NFL, and where the new owner assumes all obligations accruing thereafter under this Agreement, the Team Use Agreement and all related agreements (including the Project Documents) pursuant to an instrument of assignment and assumption substantially in the form of the Assignment and Assumption Agreement attached as Exhibit E or, if not substantially in such form, then in a form Approved by the Authority; (iii) any Use Agreement (including the Team Use Agreement) entered into by StadCo in the ordinary course of its operations provided that such Use Agreement is subject and subordinate to this Agreement and the other Project Documents and conforms to the Operating Standard; provided, however, if for any reason this Agreement is terminated by the Authority, the Authority shall have thirty (30) days to review the Team Use Agreement and may, at its sole option, Approve the Team Use Agreement. If the Authority Approves the Team Use Agreement, the Team shall be entitled to, and shall, continue to use the Premises, and have the rights and obligations with regard to the Premises, as set out in the Team Use Agreement Approved by the Authority. If the Team Use Agreement is not Approved by the Authority, the Team Use Agreement shall terminate and the Team shall also be relieved of all of its obligations under the Non-Relocation Agreement; (iv) any Assignment that constitutes a Leasehold Mortgage (as defined below) and any Assignment deemed to be a Permitted Assignment under Section 17.2(g) below;) (v) any assignment, transfer, mortgage, pledge, encumbrance or grant a of security interest in or upon, of any of the StadCo Personal Property or any of StadCo’s receivables, accounts or revenue streams from the Stadium, provided the same is subject to the terms of and subordinate to this Agreement and the other Project Documents; and (vi) any issuance or transfer of any securities or interests having ordinary voting power for the election of directors (or other comparable controlling body) of StadCo or any transfer of an equity or beneficial interest in StadCo that results in either a change of the Controlling Person or StadCo or the creation of a Controlling Person of StadCo, where none existed before, in each case approved by the NFL.

Permitted Assignments by StadCo. Notwithstanding anything to the contrary contained in subsection (a) or any other provision of this Agreement, the Authority does hereby Approve of the following Assignments by StadCo of its rights under this Agreement (collectively, the “Permitted Assignments”):‌Assignments”): (i) any Assignment to any Person who is an Affiliate of the Team so long as such is approved by the NFL;‌NFL; (ii) any Assignment in connection with a transfer of the Las Vegas Raiders’ NFL franchise, via a transfer of interests or assets, to a new controlling owner (as defined and determined by the NFL) approved by the NFL, and where the new owner assumes all obligations accruing thereafter under this Agreement, the Team Use Agreement and all related agreements (including the Project Documents) pursuant to an instrument of assignment and assumption substantially in the form of the Assignment and Assumption Agreement attached as Exhibit E or, if not substantially in such form, then in a form Approved by the Authority; (iii) any Use Agreement (including the Team Use Agreement) entered into by StadCo in the ordinary course of its operations provided that such Use Agreement is subject and subordinate to this Agreement and the other Project Documents and conforms to the Operating Standard; provided, however, if for any reason this Agreement is terminated by the Authority, the Authority shall have thirty (30) days to review the Team Use Agreement and may, at its sole option, Approve the Team Use Agreement. If the Authority Approves the Team Use Agreement, the Team shall be entitled to, and shall, continue to use the Premises, and have the rights and obligations with regard to the Premises, as set out in the Team Use Agreement Approved by the Authority. If the Team Use Agreement is not Approved by the Authority, the Team Use Agreement shall terminate and the Team shall also be relieved of all of its obligations under the Non-Non- Relocation Agreement; (iv) any Assignment that constitutes a Leasehold Mortgage (as defined below) and any Assignment deemed to be a Permitted Assignment under Section 17.2(g) below; (v) any assignment, transfer, mortgage, pledge, encumbrance or grant a of security interest in or upon, of any of the StadCo Personal Property or any of StadCo’s receivables, accounts or revenue streams from the Stadium, provided the same is subject to the terms of and subordinate to this Agreement and the other Project Documents; and (vi) any issuance or transfer of any securities or interests having ordinary voting power for the election of directors (or other comparable controlling body) of StadCo or HoldCo or any transfer of an equity or beneficial interest in StadCo or HoldCo that results in either a change of the Controlling Person or StadCo or HoldCo or the creation of a Controlling Person of StadCoStadCo or HoldCo, where none existed before, in each case approved by the NFL.

Permitted Assignments by StadCo. Notwithstanding anything to the contrary contained in subsection (a) or any other provision of this Agreement, the Authority does hereby Approve of the following Assignments by StadCo of its rights under this Agreement (collectively, the “Permitted Assignments”):‌Assignments”): (i) any Assignment to any Person who is an Affiliate of the Team so long as such is approved by the NFL;‌all necessary MLB Approvals have been obtained in advance thereof; (ii) any Assignment in connection with a transfer of the [Las Vegas RaidersVegas] Athletics’ NFL MLB franchise, via a transfer of interests or assets, to a new controlling owner (as defined and determined by the NFLMLB) approved by the NFLthat has received all necessary MLB Approvals, and where the new owner or an Affiliate thereof assumes all obligations of StadCo accruing thereafter under this Agreement, the Team Use Agreement and all related agreements (including the Project Documents) pursuant to an instrument of assignment and assumption substantially in the form of the Assignment and Assumption Agreement attached as Exhibit E or, if not substantially in such form, then in a form Approved by the Authority; (iii) any Use Agreement (including the Team Use Agreement, the Stadium Management Agreement, and Concessionaire Agreement) entered into by StadCo in the ordinary course of its operations provided that such Use Agreement is subject and subordinate to this Agreement and the other Project Documents and conforms to the Operating Standard; provided, however, if for any reason this Agreement is terminated by the Authority, the Authority shall have thirty (30) days to review the Team Use Agreement and may, at its sole option, Approve the Team Use Agreement. Such Team Use Agreement must provide that TeamCo will be responsible for (i) all operating expenses arising from Team Games and Team Events at, and other TeamCo uses of, the Stadium pursuant to the Team Use Agreement and (ii) Maintenance Expenses to the extent reasonably allocable to TeamCo based on, as applicable, Team Games and Team Events at, or other TeamCo uses of, the Stadium pursuant to the Team Use Agreement (the “Required Team Use Terms”). If the Authority Approves the Team Use Agreement, the Team shall be entitled to, and shall, continue to use the Premises, and have the rights and obligations with regard to the Premises, as set out in the Team Use Agreement Approved by the Authority. If the Authority rejects the Team Use Agreement is not Approved by and the AuthorityTeam Use Agreement contains the Required Team Use Terms, then the Team Use Agreement shall terminate and the Team shall also be relieved of all of its obligations under the Non-Relocation Agreement; provided, however, if the Authority determines that the Team Use Agreement does not contain the Required Team Use Terms, StadCo shall have the right to invoke the Alternative Dispute Resolution Procedures and/or revise the Team Use Agreement to include the Required Team Use Terms; (iv) any Assignment that constitutes a Leasehold Mortgage (as defined below) and any Assignment deemed to be a Permitted Assignment under Section 17.2(g) (Authority’s Right of Approval) below; (v) any assignment, transfer, mortgage, pledge, encumbrance or grant a of security interest in or upon, of any of the StadCo Personal Property or any of StadCo’s receivables, accounts or revenue streams from the Stadium, provided the same is subject to the terms of and subordinate to this Agreement and the other Project Documents; and (vi) any issuance or transfer of any securities or interests having ordinary voting power for the election of directors (or other comparable controlling body) of StadCo or HoldCo or any transfer of an equity or beneficial interest in StadCo or HoldCo that results in either a change of the Controlling Person or StadCo or HoldCo or the creation of a Controlling Person of StadCoStadCo or HoldCo, where none existed before, in each case approved by the NFLcase, that has received all necessary MLB Approvals.

Permitted Assignments by StadCo. Notwithstanding anything to the contrary contained in subsection (a) or any other provision of this Agreement, the Authority does hereby Approve of the following Assignments by StadCo of its rights under this Agreement (collectively, the “Permitted Assignments”):‌ (i) any Assignment to any Person who is an Affiliate of the Team so long as such is approved by the NFL;‌ (ii) any Assignment in connection with a transfer of the Las Vegas Raiders’ NFL franchise, via a transfer of interests or assets, to a new controlling owner (as defined and determined by the NFL) approved by the NFL, and where the new owner assumes all obligations accruing thereafter under this Agreement, the Team Use Agreement and all related agreements (including the Project Documents) pursuant to an instrument of assignment and assumption substantially in the form of the Assignment and Assumption Agreement attached as Exhibit E or, if not substantially in such form, then in a form Approved by the Authority; (iii) any Use Agreement (including the Team Use Agreement) entered into by StadCo in the ordinary course of its operations provided that such Use Agreement is subject and subordinate to this Agreement and the other Project Documents and conforms to the Operating Standard; provided, however, if for any reason this Agreement is terminated by the Authority, the Authority shall have thirty (30) days to review the Team Use Agreement and may, at its sole option, Approve the Team Use Agreement. If the Authority Approves the Team Use Agreement, the Team shall be entitled to, and shall, continue to use the Premises, and have the rights and obligations with regard to the Premises, as set out in the Team Use Agreement Approved by the Authority. If the Team Use Agreement is not Approved by the Authority, the Team Use Agreement shall terminate and the Team shall also be relieved of all of its obligations under the Non-Non- Relocation Agreement; (iv) any Assignment that constitutes a Leasehold Mortgage (as defined below) and any Assignment deemed to be a Permitted Assignment under Section 17.2(g) below; (v) any assignment, transfer, mortgage, pledge, encumbrance or grant a of security interest in or upon, of any of the StadCo Personal Property or any of StadCo’s receivables, accounts or revenue streams from the Stadium, provided the same is subject to the terms of and subordinate to this Agreement and the other Project Documents; and (vi) any issuance or transfer of any securities or interests having ordinary voting power for the election of directors (or other comparable controlling body) of StadCo or HoldCo or any transfer of an equity or beneficial interest in StadCo or HoldCo that results in either a change of the Controlling Person or StadCo or HoldCo or the creation of a Controlling Person of StadCoStadCo or HoldCo, where none existed before, in each case approved by the NFL.

Permitted Assignments by StadCo. Notwithstanding anything to the contrary contained in subsection (a) or any other provision of this Agreement, the Authority does hereby Approve of the following Assignments by StadCo of its rights under this Agreement (collectively, the “Permitted Assignments”):‌Assignments”): (i) any Assignment to any Person who is an Affiliate of the Team so long as such is approved by the NFL;‌all necessary MLB Approvals have been obtained in advance thereof; (ii) any Assignment in connection with a transfer of the [Las Vegas RaidersVegas] Athletics’ NFL MLB franchise, via a transfer of interests or assets, to a new controlling owner (as defined and determined by the NFLMLB) approved by the NFLthat has received all necessary MLB Approvals, and where the new owner or an Affiliate thereof assumes all obligations of StadCo accruing thereafter under this Agreement, the Team Use Agreement and all related agreements (including the Project Documents) pursuant to an instrument of assignment and assumption substantially in the form of the Assignment and Assumption Agreement attached as Exhibit E or, if not substantially in such form, then in a form Approved by the Authority; (iii) any Use Agreement (including the Team Use Agreement, the Stadium Management Agreement, and Concessionaire Agreement) entered into by StadCo in the ordinary course of its operations provided that such Use Agreement is subject and subordinate to this Agreement and the other Project Documents and conforms to the Operating Standard; provided, however, if for any reason this Agreement is terminated by the Authority, the Authority shall have thirty (30) days to review the Team Use Agreement and may, at its sole option, Approve the Team Use Agreement. If the Authority Approves the Team Use Agreement, the Team shall be entitled to, and shall, continue to use the Premises, and have the rights and obligations with regard to the Premises, as set out in the Team Use Agreement Approved by the Authority. If the Team Use Agreement is not Approved by the Authority, the Team Use Agreement shall terminate and the Team shall also be relieved of all of its obligations under the Non-Relocation Agreement; (iv) any Assignment that constitutes a Leasehold Mortgage (as defined below) and any Assignment deemed to be a Permitted Assignment under Section 17.2(g) (Authority’s Right of Approval) below; (v) any assignment, transfer, mortgage, pledge, encumbrance or grant a of security interest in or upon, of any of the StadCo Personal Property or any of StadCo’s receivables, accounts or revenue streams from the Stadium, provided the same is subject to the terms of and subordinate to this Agreement and the other Project Documents; and (vi) any issuance or transfer of any securities or interests having ordinary voting power for the election of directors (or other comparable controlling body) of StadCo or HoldCo or any transfer of an equity or beneficial interest in StadCo or HoldCo that results in either a change of the Controlling Person or StadCo or HoldCo or the creation of a Controlling Person of StadCoStadCo or HoldCo, where none existed before, in each case approved by the NFLcase, that has received all necessary MLB Approvals.

Permitted Assignments by StadCo. Notwithstanding anything to the contrary contained in subsection (a) or any other provision of this Agreement, the Authority does hereby Approve of the following Assignments by StadCo of its rights under this Agreement (collectively, the “Permitted Assignments”):‌Assignments”): (i) any Assignment to any Person who is an Affiliate of the Team so long as such is approved by the NFL;‌NFL; (ii) any Assignment in connection with a transfer of the Las Vegas Raiders’ NFL franchise, via a transfer of interests or assets, to a new controlling owner (as defined and determined by the NFL) approved by the NFL, and where the new owner assumes all obligations accruing thereafter under this Agreement, the Team Use Agreement and all related agreements (including the Project Documents) pursuant to an instrument of assignment and assumption substantially in the form of the Assignment and Assumption Agreement attached as Exhibit E or, if not substantially in such form, then in a form Approved by the Authority; (iii) any Use Agreement (including the Team Use Agreement) entered into by StadCo in the ordinary course of its operations provided that such Use Agreement is subject and subordinate to this Agreement and the other Project Documents and conforms to the Operating Standard; provided, however, if for any reason this Agreement is terminated by the Authority, the Authority shall have thirty (30) days to review the Team Use Agreement and may, at its sole option, Approve the Team Use Agreement. If the Authority Approves the Team Use Agreement, the Team shall be entitled to, and shall, continue to use the Premises, and have the rights and obligations with regard to the Premises, as set out in the Team Use Agreement Approved by the Authority. If the Team Use Agreement is not Approved by the Authority, the Team Use Agreement shall terminate and the Team shall also be relieved of all of its obligations under the Non-Relocation Agreement; (iv) any Assignment that constitutes a Leasehold Mortgage (as defined below) and any Assignment deemed to be a Permitted Assignment under Section 17.2(g) below; (v) any assignment, transfer, mortgage, pledge, encumbrance or grant a of security interest in or upon, of any of the StadCo Personal Property or any of StadCo’s receivables, accounts or revenue streams from the Stadium, provided the same is subject to the terms of and subordinate to this Agreement and the other Project Documents; and (vi) any issuance or transfer of any securities or interests having ordinary voting power for the election of directors (or other comparable controlling body) of StadCo or HoldCo or any transfer of an equity or beneficial interest in StadCo or HoldCo that results in either a change of the Controlling Person or StadCo or HoldCo or the creation of a Controlling Person of StadCoStadCo or HoldCo, where none existed before, in each case approved by the NFL.

Permitted Assignments by StadCo. Notwithstanding anything to the contrary contained in subsection (a) or any other provision of this Agreement, the Authority does hereby Approve of the following Assignments by StadCo of its rights under this Agreement (collectively, the “Permitted Assignments”):‌Assignments”): (i) any Assignment to any Person who is an Affiliate of the Team so long as such is approved by the NFL;‌NFL; (ii) any Assignment in connection with a transfer of the Las Vegas Raiders’ NFL franchise, via a transfer of interests or assets, to a new controlling owner (as defined and determined by the NFL) approved by the NFL, and where the new owner assumes all obligations accruing thereafter under this Agreement, the Team Use Agreement and all related agreements (including the Project Documents) pursuant to an instrument of assignment and assumption substantially in the form of the Assignment and Assumption Agreement attached as Exhibit E or, if not substantially in such form, then in a form Approved by the Authority; (iii) any Use Agreement (including the Team Use Agreement) entered into by StadCo in the ordinary course of its operations provided that such Use Agreement is subject and subordinate to this Agreement and the other Project Documents and conforms to the Operating Standard; provided, however, if for any reason this Agreement is terminated by the Authority, the Authority shall have thirty (30) days to review the Team Use Agreement and may, at its sole option, Approve the Team Use Agreement. If the Authority Approves the Team Use Agreement, the Team shall be entitled to, and shall, continue to use the Premises, and have the rights and obligations with regard to the Premises, as set out in the Team Use Agreement Approved by the Authority. If the Team Use Agreement is not Approved by the Authority, the Team Use Agreement shall terminate and the Team shall also be relieved of all of its obligations under the Non-Relocation Agreement; (iv) any Assignment that constitutes a Leasehold Mortgage (as defined below) and any Assignment deemed to be a Permitted Assignment under Section 17.2(g) below; (v) any assignment, transfer, mortgage, pledge, encumbrance or grant a of security interest in or upon, of any of the StadCo Personal Property or any of StadCo’s receivables, accounts or revenue streams from the Stadium, provided the same is subject to the terms of and subordinate to this Agreement and the other Project Documents; and (vi) any issuance or transfer of any securities or interests having ordinary voting power for the election of directors (or other comparable controlling body) of StadCo or any transfer of an equity or beneficial interest in StadCo that results in either a change of the Controlling Person or StadCo or the creation of a Controlling Person of StadCo, where none existed before, in each case approved by the NFL.