Naming; Veterans Memorial Sample Clauses

Naming; Veterans Memorial. (a) Tenant shall be required to keep the name "Nassau Veterans Memorial Coliseum" as part of the name of the Coliseum. Any sale or licensing of any naming rights related to the Coliseum shall prohibit the use of any of the Prohibited Names in the naming of the Coliseum or any other part of the Premises, but otherwise shall not be restricted. Tenant agrees that it shall construct, at Tenant's expense, an appropriate monument, memorial, or other tribute to veterans of the armed forces of the United States of America (the "Memorial"), prior to the date that is three (3) months after the Coliseum Rent Commencement Date (subject to delays due to Events of Force Majeure), at a total cost of not less than One Million Dollars ($1,000,000) and otherwise in a manner which shall be reasonably satisfactory to Landlord and Tenant. In the event that, due to community groups, veterans groups and/or other stakeholders objecting to the design of the Memorial or otherwise introducing delays into the process for the design or construction of the Memorial, completion of the design or construction of the Memorial has not been completed when the Coliseum Renovation is otherwise Substantially Complete, but Tenant is diligently proceeding with the design and/or construction of the Memorial, then Tenant may proceed with the re-opening of the Coliseum and in such case Tenant shall thereafter continue to diligently proceed with the design and/or construction of the Memorial until completion, subject to the right of Landlord to require that Tenant deposit the reasonably estimated cost to complete the Memorial (but not more than One Million Dollars ($1,000,000)) into escrow with an escrow agent mutually and reasonably satisfactory to Landlord and Tenant in order to provide a source of funding for the design and/or completion of the Memorial by Xxxxxx.
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