Arena Facility definition

Arena Facility means the building in the City currently known as “Gila River Arena” and all foundations, structural elements, interior areas, all improvements, furnishings, fixtures and equipment (excluding all Personal Property and all furnishings and equipment owned by suite holders and temporary furnishings owned by Persons staging Events at the Arena) of whatever nature located therein or thereon and all exterior areas, including the plaza and other exterior areas adjacent to the Arena Facility, and located on Lot 9 of Westgate, and exclusively serving patrons attending Events at the Arena Facility, all as shown on Exhibit “A” and Exhibit “B” to this Agreement. The cooling plant serving the Arena is specifically included as part of the Arena Facility.
Sample 1Sample 2Sample 3
Arena Facility means collectively, a multipurpose arena, adjacent support facilities, and any related infrastructure located on the City Land.
Sample 1Sample 2
Arena Facility means the building in the City currently known as “Xxxxxx.xxx Arena” and all foundations, structural elements, interior areas, all improvements, furnishings, fixtures and equipment (excluding furnishings and equipment owned by suite holders and temporary furnishings owned by Persons staging events at the Arena) of whatever nature located therein or thereon and all exterior area, including the plaza and other exterior area adjacent to, located on Lot 9 of Westgate, and exclusively serving patrons attending Events at the Arena Facility, all as shown on Exhibit “A” and Exhibit “B” hereto. The cooling plant serving the Arena is specifically included as part of the Arena Facility.
Sample 1

Examples of Arena Facility in a sentence

  • In either event, the City and County (or a trustee on behalf of the City and County) will purchase the Arena Facility from ArenaCo as provided in this MOU.

  • When the Arena Facility is ready for occupancy (“Commencement Date”), the City and County will commence paying rent, initially for a nominal amount, under the Lease-Purchase Agreement.

  • The total amount to be paid to ArenaCo by the City and County for acquisition of the Project Site and the lease-purchase of the Arena Facility will be $200 million; provided, however that the actual amount to be paid to ArenaCo will be subject to reduction as provided below.

  • The date that title to the Arena Facility transfers to the City and County is referred to as the “Transfer Date.” The Transfer Date will occur on the day following the date when the Arena Facility is added to the property tax rolls or such later date, but not later than June 30th of the calendar year following the date the Arena Facility is added to the property tax rolls, as ArenaCo may request.

  • As required by RCW 35.42.060, no part of the cost of the construction of the Arena Facility shall ever become an obligation of the City and the County under the Lease-Purchase Agreement.

  • The City and County shall have determined, in their reasonable discretion, that the condition of title to, and the environmental condition of, the Property is suitable for acquisition and subsequent development for the Arena Facility consistent with this MOU.

  • ArenaCo will enter into a lease or sublease (the “Arena Use Agreement”) for the Arena Facility with the City and County or trustee on the Commencement Date.

  • Upon termination of the Arena Use Agreement, ArenaCo will be obligated to surrender the Arena Facility and Arena Tenant Improvements to the City and County in a condition consistent with the program of capital repairs, replacements and improvements required pursuant to paragraph Section 14 and in a state of repair comparable to facilities of a similar age and suitable for continued uninterrupted use by NBA and NHL teams and as a major entertainment facility.

  • The City and County will have the right to prepay or cause a trustee to prepay all or a portion of the principal component of all remaining lease payments required under the Lease- Purchase Agreement and will also have the right to exercise the option to purchase the Arena Facility at a price equal to the principal component of all remaining lease payments required under the Lease-Purchase Agreement, as those lease payments may be adjusted consistent with paragraphSection 10 below.

Related to Arena Facility

  • LNG facility means a terminal which is used for the liquefaction of natural gas or the importation, offloading, and re-gasification of LNG, and includes ancillary services and temporary storage necessary for the re-gasification process and subsequent delivery to the transmission system, but does not include any part of LNG terminals used for storage;

  • Facility means the entire operation located on the property where the Equipment is located;

  • Clean coal facility means an electric generating

  • Existing Facility means a facility in existence on any given date, newly constructed or altered.

  • Marijuana cultivation facility means an entity licensed to cultivate, prepare, and package marijuana and sell marijuana to retail marijuana stores, to marijuana product manufacturing facilities, and to other marijuana cultivation facilities, but not to consumers.

  • Health facility means the medical college and hospital or the teaching hospital or the district/ sub-division etc. hospital to which the goods and/ or services under the contract shall be supplied.

  • Holding facility means a designated area for the retention of

  • Designated facility means (a hazardous waste treatment, storage, or disposal facility which :

  • Licensed facility means a facility licensed by the department under section 137 or an adult foster care facility.

  • Research facility means buildings and structures, including machinery and equipment, used or to be used primarily for research or experimentation to improve or develop new tangible goods or materials or to improve or develop the production processes thereto.

  • New Facility means a property previously undeveloped which is placed into service by means other than or in conjunction with expansion or modernization.

  • Existing Facilities means all existing buildings and other facilities, the sites for the buildings or facilities, and furnishings or equipment for the buildings or facilities located on real property acquired by the building authority under the terms of this act.

  • Generating Facility means the Generating Unit(s) comprising Seller’s power plant, as more particularly described in Section 1.02 and Exhibit B, including all other materials, equipment, systems, structures, features and improvements necessary to produce electric energy and thermal energy, excluding the Site, land rights and interests in land.

  • L/C Facility means the letter of credit facility established pursuant to Article III.

  • Tanning facility means any premises, building, or part of a building that contains one or more rooms or booths with any of the following:

  • Idle facilities means completely unused facilities that are excess to the governmental unit's current needs.

  • Production facility means a facility in California at which gasoline or CARBOB is produced. Upon request of a producer, the executive officer may designate, as part of the producer's production facility, a physically separate bulk storage facility which (A) is owned or leased by the producer, and (B) is operated by or at the direction of the producer, and (C) is not used to store or distribute gasoline or CARBOB that is not supplied from the production facility.

  • Vending facility means automatic vending machines, cafeterias, snack bars, cart service, shelters, counters, and such other appropriate auxiliary equipment which may be operated by licensed managers and which is necessary for the sale of newspapers, periodicals, confections, tobacco products, foods, beverages, and other articles or services dispensed automatically or manually and prepared on or off the premises in accordance with all applicable health laws and including the vending or exchange of chances for any lottery authorized by State Law and conducted by an agency of a State within such State. [CFR 34, Part 395.1(X)]

  • Wastewater facilities means the structures, equipment, and processes required to collect, carry away, and treat domestic and industrial wastes and dispose of the effluent.