Common use of Right to Substitute Sponsorship Recognition Material for Broadcast Clause in Contracts

Right to Substitute Sponsorship Recognition Material for Broadcast. If University does not receive the Sponsorship Recognition Material for broadcast, previously approved as required by Section 2.1 of this Exhibit, by the Material Due Date, University will notify the following Company representative verbally: , ( ) , with written confirmation delivered in accordance with Section 7 of this Agreement. If Sponsor fails to provide University with the approved Sponsorship Recognition Material at least twenty-four (24) hours after the Material Due Date, University will not be obligated to broadcast the Sponsorship Recognition Material. University’s failure to broadcast the Sponsorship Recognition Material as a result of Sponsor’s failure to meet the Material Due Date will in no way relieve Sponsor of any of its obligations and duties under this Agreement, including the obligation to pay the Sponsorship Payment in full.

Right to Substitute Sponsorship Recognition Material for Broadcast. If University does not receive the Sponsorship Recognition Material for broadcast, previously approved as required by Section 2.1 of this Exhibit, by the Material Due Date, University will notify the following Company representative verbally: _ , ( ) , with written confirmation delivered in accordance with Section 7 of this Agreement. If Sponsor Contractor fails to provide University with the approved Sponsorship Recognition Material at least twenty-four (24) hours after the Material Due Date, University will not be obligated to broadcast the Sponsorship Recognition Material. University’s failure to broadcast the Sponsorship Recognition Material as a result of SponsorContractor’s failure to meet the Material Due Date will in no way relieve Sponsor Contractor of any of its obligations and duties under this Agreement, including the obligation to pay the Sponsorship Payment in full.