Common use of Release of the Authority Clause in Contracts

Release of the Authority. No Authority Transfer shall relieve the Authority from any of its obligations under this Non-Relocation Agreement except that the Authority shall be relieved from any obligations arising under this Non-Relocation Agreement on and after the date of an Authority Transfer if, and only if, (i) TeamCo Approves of such Authority Transfer or (ii) TeamCo’s Approval of such Authority Transfer is not required pursuant to Section 5.4 hereof.

Release of the Authority. No Authority Transfer shall relieve the Authority from any of its obligations under this Non-Relocation Agreement Agreement, except that the Authority shall be relieved from any obligations arising under this Non-Relocation Agreement related to events occurring on and after the date of an Authority Transfer if, and only if, (i) TeamCo Approves of such Authority Transfer or (ii) TeamCo’s Approval of such Authority Transfer is not required pursuant to Section 5.4 hereof.