Common Contracts
1 similar null contracts
TERM SHEET FORMay 5th, 2020
This Term Sheet is an outline of the major provisions to be included in an amendment and restatement of the existing Lease and Agreement dated May 14, 2008 (the “Existing Lease”) between the Los Angeles Memorial Coliseum Commission (“Commission”) and the University of Southern California (“USC”) to be prepared for consideration by the Commission and USC (“Amended Lease”). This Term Sheet is not a legally binding agreement to amend and restate the Existing Lease. It is contemplated that any Amended Lease prepared for consideration by the Commission and USC shall include the major terms and provisions set forth in this Term Sheet and other lease terms and provisions. Neither the Commission nor USC have approved an Amended Lease. The terms and provisions of an Amended Lease would include the following:
