Examples of StadCo Event of Default in a sentence
The collection of such rents and profits shall not cure, waive or satisfy any StadCo Event of Default.
If the negotiations were successful there should be no brief fee and no fees for Junior Counsel.
A default by Subtenant under this Sublease shall be a StadCo Event of Default under the Stadium Lease.
StadCo may not enter the Premises to begin initial construction on any Additional Work or begin any alteration or other work in the Premises until StadCo has delivered evidence satisfactory to the Authority that StadCo has complied with the terms of this Section 8.2. Failure by StadCo to comply with the terms of this Section 8.2 shall permit the Authority to declare a StadCo Event of Default and to terminate this Agreement.
Upon the occurrence of any StadCo Event of Default, the NFL may, in its sole discretion but subject to Article 17, enter upon the Premises and do whatever StadCo is obligated to do under the terms of this Agreement, and the Authority agrees to accept such performance by the NFL, and XxxxXx agrees that the NFL shall not be liable for any damages resulting to XxxxXx from such action.
Upon the occurrence of any StadCo Event of Default, MLB may, in its sole discretion but subject to Article 17 (Assignments; Mortgages), enter upon the Premises and do whatever StadCo is obligated to do under the terms of this Agreement, and the Authority agrees to accept such performance by MLB, and StadCo agrees that MLB shall not be liable for any damages resulting to StadCo from such action.
Notwithstanding the foregoing, no StadCo Event of Default shall exist so long as the subject default is being contested pursuant to the Alternative Dispute Resolution Procedures of Section 19.13 (Alternative Dispute Resolution) of this Agreement.
All Condemnation Expenses paid by StadCo in excess of the proceeds of any Condemnation Award (other than to the extent such is paid as a result of a StadCo Event of Default under this Agreement) and otherwise constituting Capital Work are reimbursable (without duplication) from the Stadium Authority Capital Projects Fund and/or the StadCo Capital Projects Fund.
Notwithstanding the foregoing, if there is a Proceeding pending or commenced between the Parties with respect to the particular StadCo Event of Default or TeamCo Event of Default, as applicable, covered by such Final Notice, the foregoing thirty (30)- day period shall be tolled until a final non-appealable judgment or award, as the case may be, is entered with respect to such Proceeding.
The Guarantor is liable for, and hereby indemnifies the Authority for, the Authority’s reasonable costs and expenses, including reasonable attorneys’ fees, costs and disbursements, incurred in any effort to collect or enforce any of the Guaranteed Obligations under this Guaranty with respect to any matter constituting such a StadCo Event of Default or StadCo Default, whether or not any lawsuit is filed.