Naming Rights Agreement Sample Clauses
A Naming Rights Agreement is a contractual provision that grants an individual or entity the exclusive right to name a particular property, venue, event, or asset, typically in exchange for financial compensation or sponsorship. This clause outlines the terms under which the naming rights are granted, including the duration, permitted uses of the name, and any restrictions or obligations on both parties. For example, a corporation may secure the right to name a sports stadium or a university building for a set period. The core function of this clause is to formalize the arrangement, ensuring both parties understand their rights and responsibilities, and to provide legal clarity regarding the use and promotion of the chosen name.
Naming Rights Agreement. The Naming Rights Agreement executed ----------------------- by REIT OP.
Naming Rights Agreement. Any agreement which Tenant and a Name Sponsor may enter into from time to time regarding Naming Rights.
Naming Rights Agreement. 26 6.4.10 Development Rights Joint Venture Agreement................... 26 6.5
Naming Rights Agreement. The Naming Rights Agreement executed ----------------------- by Prudential and any documents contemplated thereunder, including, without limitation, the Prudential Center Tower Sign Lease attached hereto as EXHIBIT K- --------- 2. -
Naming Rights Agreement. (i) HOFV has provided to the Agent and each Lender a true, correct and complete copy of the Naming Rights Agreement and each Related Agreement, including any and all amendments, modifications, waivers or supplements thereto. The Naming Rights Agreement and each Related Agreement constitute the entire agreement between the HOF Entities and ▇▇▇▇▇▇▇ Controls relating to the Transferred Assets. Each of the Naming Rights Agreement and Related Agreements is the legal, valid and binding obligation of the parties thereto, enforceable against each such party in accordance with its terms, subject, as to enforcement of remedies, to bankruptcy, insolvency, reorganization, moratorium or similar laws affecting creditors’ rights generally and general equitable principles. There is no breach or default, and no event has occurred or circumstance exists that (with or without notice or lapse of time, or both) would constitute or give rise to a breach or default, in the performance of the Naming Rights Agreement or any Related Agreement by the HOF Entities or ▇▇▇▇▇▇▇ Controls. No event has occurred or circumstance exists that (with or without notice or lapse of time, or both) would give ▇▇▇▇▇▇▇ Controls or any of the HOF Entities the right to terminate the Naming Rights Agreement or any Related Agreement for breach or give ▇▇▇▇▇▇▇ Controls a right of Set-off of any kind against any amounts payable thereunder.
(ii) None of the HOF Entities has waived any rights or defaults under the Naming Rights Agreement or any Related Agreement or taken any action or omitted to take any action under the Naming Rights Agreement or any Related Agreement that adversely affects the Agent’s or the Lenders’ rights under any of the Transaction Documents, including its or their rights in respect of the Transferred Assets, or that would otherwise reasonably be expected to cause a Material Adverse Change.
(iii) Neither of the HOF Entities has received any notice, and has no knowledge, of (i) ▇▇▇▇▇▇▇ Controls’ intention to terminate, amend or restate the Naming Rights Agreement or any Related Agreement in whole or in part, (ii) any other Person’s or Governmental Authority’s (where applicable) intention to challenge the validity or enforceability of the Naming Rights Agreement or any Related Agreement or the obligation of ▇▇▇▇▇▇▇ Controls to pay the Payment Stream, or (iii) the HOF Entities or ▇▇▇▇▇▇▇ Controls being in breach or default of any of its obligations under the Naming Rights Agreement or any...
Naming Rights Agreement. This Naming Rights Agreement (the “Agreement”) is effective this _ day of , 2023 (the “Effective Date”), by and between MORTGAGE LENDERS INVESTMENT TRADING CORPORATION, dba RP Funding, with its principal office located at ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇ (hereinafter, “RP Funding”), and the CITY OF LAKELAND, a Florida municipal corporation, with its City Hall offices located at ▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇ (hereinafter, the “City”). Throughout this Agreement, RP Funding and the City may be collectively referred to as the “parties.”
Naming Rights Agreement. 25 6.3.19 Development Rights Joint Venture Agreement................... 25 6.3.20 BRA Notification............................................. 25 6.3.21 Work In Progress............................................. 25 6.3.23 Letter of Credit............................................. 25 6.3.24 Convention Center............................................ 25 6.4 REIT OP Closing Deliveries.......................................... 25 6.4.1 Partnership Amendment........................................ 25 6.4.2 Registration Rights Agreement................................ 26 6.4.3 Assignment of Leases......................................... 26
Naming Rights Agreement. (i) PHOF has provided to the Agent and each Lender a true, correct and complete copy of the Naming Rights Agreement and each Related Agreement to which PHOF is a party, including any and all amendments, modifications, waivers or supplements thereto. The Naming Rights Agreement and each Related Agreement to which PHOF is a party constitute the entire agreement between PHOF and, to the knowledge of PHOF, HOFV and ▇▇▇▇▇▇▇ Controls relating to the Transferred Assets. Each of the Naming Rights Agreement and Related Agreements to which PHOF is a party is the legal, valid and binding obligation of the parties thereto, enforceable against each such party in accordance with its terms, subject, as to enforcement of remedies, to bankruptcy, insolvency, reorganization, moratorium or similar laws affecting creditors’ rights generally and general equitable principles. There is no breach or default, and no event has occurred or circumstance exists that (with or without notice or lapse of time, or both) would constitute or give rise to a breach or default, in the performance of the Naming Rights Agreement or any Related Agreement to which PHOF is party by the HOF Entities or ▇▇▇▇▇▇▇ Controls. No event has occurred or circumstance exists that (with or without notice or lapse of time, or both) would give ▇▇▇▇▇▇▇ Controls or any of the HOF Entities the right to terminate the Naming Rights Agreement or any Related Agreement to which PHOF is a party for breach or give ▇▇▇▇▇▇▇ Controls a right of Set-off of any kind against any amounts payable thereunder.
(ii) PHOF has not and, to PHOF’s knowledge, HOFV has not waived any rights or defaults under the Naming Rights Agreement or any Related Agreement to which PHOF is a party or taken any action or failed to take any action under the Naming Rights Agreement or any Related Agreement to which PHOF is a party that adversely affects the Agent’s or the Lenders’ rights under any of the Transaction Documents, including its or their rights in respect of the Transferred Assets, or that would otherwise reasonably be expected to cause a Material Adverse Change.
(iii) PHOF has not received any notice, and has no knowledge, of (i) ▇▇▇▇▇▇▇ Controls’ intention to terminate, amend or restate the Naming Rights Agreement or any Related Agreement in whole or in part, (ii) any other Person’s or Governmental Authority’s (where applicable) intention to challenge the validity or enforceability of the Naming Rights Agreement or any Related Agreement to w...