Examples of Member Institution in a sentence
All payments to student-athletes (for NIL, institutional brand promotion, or otherwise) and personal benefits (e.g., vehicles, travel expenses not permitted as of the date of Preliminary Approval by NCAA Division I, and the like) that are provided to a student-athlete or the family of a student-athlete by a Member Institution over and above the payments and personal benefits permitted by the NCAA rules as of the day of Preliminary Approval, shall be counted against the Pool.
For avoidance of doubt, if a Non-Defendant Conference or a Non-Defendant Conference Member Institution agrees to provide to student-athletes additional benefits permitted by NCAA Division I rules prior to their modification as part of the Injunctive Relief Settlement (such as commencing Xxxxxx payments for the first time), that will not trigger any reporting requirements pursuant to Article 3, Section 5.
Any newly permitted amounts or benefits provided to individual student-athletes by Member Institutions (directly, through an exclusive or non-exclusive license between the student-athlete and the Member Institution (see Article 2, Section 2), or otherwise)—shall count against the Pool except for proceeds from third- party NIL sublicenses and arrangements as specified in subsection 3(c) of this Article.
For the avoidance of doubt, nothing in this paragraph requires a Member Institution to pay Xxxxxx Awards, but if the Member Institution chooses to do so, this paragraph will govern how such awards are counted with regard to the Pool.
Plaintiffs acknowledge that Defendants do not have the authority to waive or compromise any immunity or protection of any Member Institution pursuant to the Eleventh Amendment to the United States Constitution or any other applicable provisions of the law of the state in which the Member Institution is located.