Reference Information. Reference in this Agreement to any of the following basic data and definitions shall have the meaning set forth below: Authority: Clark County Stadium Authority, a corporate and politic body and political subdivision of Clark County, Nevada StadCo: Athletics StadCo LLC, a Nevada limited liability company Address of StadCo: Athletics StadCo LLC [ ] [ ] Attention: [X’Xxxxx Xxxxx, Chief Legal Officer] Team: [Oakland] Athletics Address of Team: [Oakland] Athletics [ ] [ ] Attention: [ ] Term Commencement Date: The Substantial Completion Date, as defined in the Development Agreement Term: The period commencing on the Term Commencement Date and expiring on the Term Expiration Date Term Expiration Date: The “Term Expiration Date” shall be, initially, on the earlier of (i) the date that is thirty (30) years after the Term Commencement Date; provided that if such date occurs within an MLB regular season or postseason or within thirty (30) days following an MLB regular season or postseason, such date shall be automatically extended to the date that is thirty (30) days following the end of such MLB regular season or postseason, as applicable (the “Initial Term Expiration Date”), or (ii) the date on which this Agreement is terminated pursuant to the express rights and terms of this Agreement. Upon the extension of this Agreement pursuant to Section 2.3 (Extension Option), the Term Expiration Date shall be automatically extended to the earlier of (i) (a) for the first four Extension Options, the date that is fifteen (15) years after the Term Expiration Date immediately prior to the exercise of such Extension Option and (b) for the final Extension Option, the date that is nine (9) years after the Term Expiration Date immediately prior to the exercise of such Extension Option; provided that if such date occurs within an MLB regular season or postseason or within thirty (30) days following an MLB regular season or postseason, such date shall be automatically extended to the date that is thirty (30) days following the end of such MLB regular season or postseason, as applicable (the “Extended Term Expiration Date”), or (ii) the date on which this Agreement is terminated pursuant to the express rights and terms of this Agreement. For purposes of this Agreement, the “Term Expiration Date”, subject to clause (ii) of the definitions thereof, shall mean the Initial Term Expiration Date if the Agreement is not extended by the First Extension Option pursuant to Section 2.3 (Extension Option), and thereafter, each Extended Term Expiration Date. Extension Options: Five (5) options, exercisable consecutively by StadCo in accordance with Section 2.3 (Extension Option), the first four of which shall extend the Term for additional periods of fifteen (15) years each and the final of which shall extend the Term for an additional period of nine (9) years, pursuant to the terms and conditions set forth in Section 2.3 (Extension Option) hereof. Purchase Option: StadCo has the option to purchase the Premises consistent with Section 11.2 (Option to Purchase) hereof.
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Reference Information. Reference in this Agreement to any of the following basic data and definitions shall have the meaning set forth below: Authority: Clark County Stadium Authority, a corporate and politic body and political subdivision of Clark County, Nevada StadCo: Athletics StadCo LLC, a Nevada limited liability company [TBD A’S STADCO ENTITY] Address of StadCo: Athletics StadCo LLC [TBD A’S STADCO ENTITY] [ ] [ ] Attention: [X’Xxxxx Xxxxx, Chief Legal Officer] Team: [Oakland] Athletics Address of Team: [Oakland] Athletics [ ] [ ] Attention: [ ] Term Commencement Date: The Substantial Completion Date, as defined in the Development Agreement Term: The period commencing on the Term Commencement Date and expiring on the Term Expiration Date Term Expiration Date: [The “Term Expiration Date” shall beexpire, initially, on the earlier of (i) the date that is thirty (30) years after the Term Commencement Date; provided that if such date occurs within an MLB regular season or postseason post-season or within thirty (30) days following an MLB regular season or postseasonpost-season, such date shall be automatically extended to the date that is thirty (30) days following the end of such MLB regular season or postseasonpost-season, as applicable (the “Initial Term Expiration Date”), or (ii) the date on which this Agreement is terminated pursuant to the express rights and terms of this Agreement. Upon exercise of the extension of this Agreement pursuant to Section 2.3 (Extension Option)Options, the Term Expiration Date shall be automatically extended to the earlier of (i) (a) for the first four Extension Options, the date that is fifteen (15) years after the Term Expiration Date immediately prior to the exercise of such Extension Option and (b) for the final Extension Option, the date that is nine (9) years after the Term Expiration Date immediately prior to the exercise of such Extension Option; provided that if such date occurs within an MLB regular season or postseason post-season or within thirty (30) days following an MLB regular season or postseasonpost-season, such date shall be automatically extended to the date that is thirty (30) days following the end of such MLB regular season or postseasonpost-season, as applicable (the “Extended Term Expiration Date”), or (ii) the date on which this Agreement is terminated pursuant to the express rights and terms of this Agreement. For purposes of this AgreementLease, the “Term Expiration Date”, subject to clause (ii) of the definitions thereof, ” shall mean the Initial Term Expiration Date if Tenant fails to exercise the Agreement is not extended by the First Extension Option pursuant to Section 2.3 (first Extension Option), and thereafter, each Extended Term Expiration Date. .] [TO BE DISCUSSED] Extension Options: [Five (5) options, exercisable consecutively by StadCo in accordance with Section 2.3 (Extension Option)its sole election, the first four of which shall extend the Term term for additional periods of fifteen (15) years each and the final of which shall extend the Term term for an additional period of nine (9) years, pursuant to the terms and conditions set forth in Section 2.3 (Extension Option) hereof. 2 of this Lease.] [TO BE DISCUSSED] Purchase Option: StadCo has the option to purchase the Premises consistent with Section 11.2 (Option to Purchase) hereof.
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Samples: Stadium Lease Agreement
Reference Information. Reference in this Agreement to any of the following basic data and definitions shall have the meaning set forth below: below: Authority: Clark County Stadium Authority, a corporate and politic body and political subdivision of Clark County, Nevada StadCo: Athletics StadCo LLC, a Nevada limited liability company Address of StadCo: Athletics StadCo LLC [ ] [ ] 000 Xxxxxxxx Xxxxx West Sacramento, California 95691 Attention: [X’Xxxxx Xxxxx, President and Chief Legal Officer] Officer Team: [Oakland] Athletics Address of Team: [Oakland] Athletics [ ] [ ] 000 Xxxxxxxx Xxxxx West Sacramento, California 95691 Attention: [ ] President and Chief Legal Officer Term Commencement Date: The Substantial Completion Date, as defined in the Development Agreement Date Term: The period commencing on the Term Commencement Date and expiring on the Term Expiration Date Term Expiration Date: The “Term Expiration Date” shall be, initially, on the earlier of (i) the date that is thirty (30) years after the Term Commencement Date; provided that if such date occurs within an MLB regular season or postseason or within thirty (30) days following an MLB regular season or postseason, such date shall be automatically extended to the date that is thirty (30) days following the end of such MLB regular season or postseason, as applicable (the “Initial Term Expiration Date”), or (ii) the date on which this Agreement is terminated pursuant to the express rights and terms of this Agreement. Upon the extension of this Agreement pursuant to Section 2.3 (Extension Option), the Term Expiration Date shall be automatically extended to the earlier of (i) (a) for the first four Extension Options, the date that is fifteen (15) years after the Term Expiration Date immediately prior to the exercise of such Extension Option and (b) for the final Extension Option, the date that is nine (9) years after the Term Expiration Date immediately prior to the exercise of such Extension Option; provided that if such date occurs within an MLB regular season or postseason or within thirty (30) days following an MLB regular season or postseason, such date shall be automatically extended to the date that is thirty (30) days following the end of such MLB regular season or postseason, as applicable (the “Extended Term Expiration Date”), or (ii) the date on which this Agreement is terminated pursuant to the express rights and terms of this Agreement. For purposes of this Agreement, the “Term Expiration Date”, subject to clause (ii) of the definitions thereof, shall mean the Initial Term Expiration Date if the Agreement is not extended by the First Extension Option pursuant to Section 2.3 (Extension Option), and thereafter, each Extended Term Expiration Date. Extension Options: Five (5) options, exercisable consecutively by StadCo in accordance with Section 2.3 (Extension Option), the first four of which shall extend the Term for additional periods of fifteen (15) years each and the final of which shall extend the Term for an additional period of nine (9) years, pursuant to the terms and conditions set forth in Section 2.3 (Extension Option) hereof. Purchase Option: StadCo has the option to purchase the Premises consistent with Section 11.2 (Option to Purchase) hereof.
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Samples: Stadium Lease Agreement