Examples of Arena Agreement in a sentence
The Parties agree that the provisions of Section 16 of the Arena Agreement (authorizing Leasehold Mortgages and Mezzanine Financings and granting certain rights and protections to Leasehold Mortgagees and Mezzanine Lenders) are hereby incorporated by reference.
Notwithstanding anything in this Agreement to the contrary, the effectiveness of this Agreement is conditioned upon the NBA's approval of the Team Agreement and the Arena Agreement, which approval is required for the effectiveness of both such agreements pursuant to the terms thereof.
The Parties agree to bear their own costs, attorneys’ fees, and other expenses incurred in connection with the Lawsuit, the Arena Agreement, the First Amendment, the Bankruptcy Lawsuit, or in any way relating to this Settlement Agreement.
These representations and warranties are material terms of this Settlement Agreement and are intended by the Parties to have the broadest possible application and interpretation so as to conclusively foreclose any challenge to the Arena Agreement or the First Amendment under any conflict or self-dealing related statute.
The Licensee acknowledges and agrees that, to the extent permitted by Applicable Law, the City shall have the option to use one (1) Suite, including Event Tickets therefor, as more particularly described in the Arena Agreement.
If the Arena Agreement is terminated pursuant to Section 9.3(A) of the Arena Agreement due to a Condemnation Action, the Licensor shall promptly provide notice thereof to the Licensee and then the Licensee shall have the right to terminate this Agreement by delivering written notice thereof to the Licensor and the City within ninety (90) days thereafter.
The Capital Fund containing all Capital Fund Ticket Fees shall be held and disbursed in accordance with the terms and conditions of the Arena Agreement as a non- exclusive source of payment for the costs and expenses incurred by the Licensor in connection with Additions and Capital Repairs.
Notwithstanding anything in this Lease to the contrary, the effectiveness of this Lease shall be conditioned upon the NBA’s approval of the Team Agreement and the Arena Agreement (as defined in the Arena Agreement), which approval is required for the effectiveness of both such agreements pursuant to the terms thereof.
The Licensor shall provide notice to the Licensee as promptly as practicable if the City exercises any of its “self-help” rights or remedies pursuant to Section 4.3(H) of the Arena Agreement.
Notwithstanding anything in this Agreement to the contrary, the effectiveness of this Agreement is conditioned upon the NBA's approval of the Team Agreement (as defined in the Arena Agreement) and the Arena Agreement, which approval is required for the effectiveness of both such agreements pursuant to the terms thereof.