Common use of Bundled Rights Clause in Contracts

Bundled Rights. If, in future League Years, League Media rights are bundled and sold or licensed with other rights that would be within the Ventures or Local AR “bucket,” the parties will discuss in good faith the appropriate bucket alloca- tion of the revenues for such rights. In the absence of agreement, the issue shall be re- solved by an “Allocation Arbitrator,” who shall be jointly selected by the parties. The parties shall each propose an allocation to the Allocation Arbitrator, who will decide which proposed allocation to adopt (i.e., a “baseball-style” arbitration). This Subsection shall not apply to any of the current contracts specified in Subsections (i) and (ii) above.

Appears in 4 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

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Bundled Rights. If, in future League Years, League Media rights are bundled and sold or licensed with other rights that would be within the Ventures or Local AR "bucket," the parties will discuss in good faith the appropriate bucket alloca- tion of the revenues for such rights. In the absence of agreement, the issue shall be re- re­ solved by an "Allocation Arbitrator," who shall be jointly joindy selected by the parties. The parties shall each propose an allocation to the Allocation Arbitrator, who will decide which proposed allocation allo<;:ation to adopt (i.e.�.e., a "baseball-style" arbitration). This Subsection shall not apply to any of the current contracts specified in Subsections (i) and (ii) above.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

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