IBC Clause Samples

IBC. IGC, and WSC do hereby agree that as between themselves all rights and obligations created pursuant to this agreement shall be created as of the Effective Date notwithstanding the provisions of any other agreements to which such parties may be bound which require that the consent of persons or entities other than IBC, ICC, or WSC be obtained prior to the transfer of the limited partnership interest in the Partnership. In confirmation of this agreement, IBC, IGC and WSC agree that IBC may ▇▇▇ IGC in law, or in equity, to require IGC to pay over to it any distributions, whether such distributions are in the nature of capital or income, made by the Partnership on or after the Effective Date to IGC in respect of the 0.1 % general partnership interest and that WSC may ▇▇▇ IBC in law, or in equity, to require IBC to pay over to it any distributions whether such distributions are in the nature of capital or income, made by the Partnership to IBC on or after the Effective Date in respect of the 0.1% limited partner interest in the Partnership which IBC is conveying to WSC. All provisions dealing with the rights and obligations by and between IBC and IGC in respect of the 0.1 % general partnership interest and between IBC and WSC in respect of the 0.1% limited partnership interest in the Partnership shall take effect as of the Effective Date notwithstanding the failure of any other parties to approve this agreement prior to such date.

IBC. The IBC is a facility to be provided by the LOC at its own cost, comprising furnished and serviced rooms where the HB, UBs and other RHs can establish their working places. Subject to agreement with the HB, the IBC may be located either within the Television Compound or at a place near to the competition area and with easy access to the commentary positions and Press/Media Centre. Should the Competitions take place in different locations requiring substantial road travel between the locations an additional structure (sub-TV Compound) could be requested and shall eventually be agreed upon between the HB and the LOC. Any related costs arising from the decision to have different locations shall be borne by the LOC. The IBC and all buildings related to it shall be constructed in compliance with all applicable building standards and safety regulations of the hosting nation. For the FIS Championships a total useable area of at least 3000 sqm (excluding corridors, amenities, common areas, etc.) is required and shall be air-conditioned (heated) as necessary. The area should be divided into working areas/rooms of various sizes based on the request made by the HB. Each standard working room with a size of at least 12 sqm shall be lockable and provided with at least 2-3 basic electricity outlet sockets (230 Volts, 16 Amps when in Europe) and basic lighting. Electricity consumed shall be at the cost of the user. Additional power consumption for specialised equipment and customised space shall be at the cost of the user. Furniture comprising two standard size (120cmx60cm) working tables/desks, four chairs and a lockable cupboard/cabinet, shall be provided by the LOC in each standard room occupied by the HB and/or RH. Additional facilities such as extra furniture, telecommunication services may be ordered by each RH at its own cost, and the LOC shall be entitled to compensation in accordance with the agreed Price List. RH shall pay a facility fee to the HB for the use of working rooms in accordance with the agreed Rate Card. IBC 24-hour security and daily cleaning shall be managed and provided by the LOC. The IBC shall have convenient access to sufficient male and female toilets which shall be cleaned and serviced as often as necessary each day. The IBC shall be provided with a catering service similar to and to the same standard as that supplied to the Television Compound(s) and in the press/media centre. The IBC shall be available for use at a date to be agreed betwee...