Examples of Live Transmission in a sentence
If payment of the PROMOTER’s share of Live Transmission Income had been made to PROMOTER prior to the determination of a reduction in, or an obligation to repay a portion of, Live Transmission Income, then PROMOTER shall be obligated to repay NEM or the NASCAR Rights Affiliate(s) a prorated share in accordance with the percentage set forth in Exhibit 1 within thirty (30) calendar days after notification by NEM.
NEM shall require the Entity providing the Live Transmission to name PROMOTER and NEM as additional insureds on its broadcast and comprehensive general liability policies.
PROMOTER acknowledges that NASCAR, exclusively and in perpetuity owns the Live Transmission Rights and Ancillary Rights with respect to the Competitions.
NASCAR and the NASCAR Rights Affiliate(s) shall be solely responsible for, and shall have complete discretion with respect to, the manner, extent and timing of any license, assignment, transfer or other use or exploitation of Live Transmission Rights and Ancillary Rights, either through independent third parties, NASCAR Rights Affiliate(s) or otherwise.
Solely to the extent that any other person or entity grants to NASCAR rights to use and sublicense their name(s), picture(s), likeness(es) or performance(s) in connection with an Event, and NASCAR has sublicensed these rights to NEM, NEM hereby grants to PROMOTER a non-exclusive sublicense to use such name(s), picture(s), likeness(es) or performance(s) for the purpose of publicizing, promoting or advertising that Event, but not for the purpose of exploiting Live Transmission Rights or Ancillary Rights.
PROMOTER shall maintain the Facility in good repair at all times relevant to the Event, ready for use by Competitors, Officials, NASCAR, NEM, sponsors, and persons or entities involved in the Live Transmission of or creation or exploitation of Ancillary Rights at the Event.
PROMOTER acknowledges that the sale or use, for advertising purposes, of space at the Facility or in any publications distributed in connection with an Event is an action that could have an impact upon the existing sponsorships described in Section 24 above, or on third parties who have entered into contracts or other agreements with NEM, NASCAR or NASCAR Rights Affiliates with respect to Live Transmission Rights or Ancillary Rights.
PROMOTER hereby promises and covenants not to assert any claim or file any suit or other legal action against NASCAR, NEM or any NASCAR Rights Affiliate on the ground that it or they have failed in any way, material or otherwise, to exploit, maximize or earn profits of any kind or amount with respect to Live Transmission Rights or Ancillary Rights.
NASCAR, NEM, and the NASCAR Rights Affiliate(s) shall have no liability to PROMOTER with respect to such activities or the amount of Live Transmission Income or Ancillary Rights Net Income before Industry Expenses and after Income Tax Provision arising out of or generated by such activities.
If, for any reason, receipt of the Live Transmission Income to be received by NEM or the NASCAR Rights Affiliate(s) is delayed in whole or in part, the payments stipulated in this Section will correspondingly be delayed, but only to the extent of the original delay in receipt.