NFL Requirements Sample Clauses
The "NFL Requirements" clause sets out specific obligations and standards that must be met in accordance with National Football League rules and policies. This clause typically applies to activities, products, or services related to NFL events, branding, or partnerships, ensuring that all parties comply with league regulations such as licensing, conduct, and safety protocols. Its core function is to ensure legal and operational alignment with the NFL's established requirements, thereby reducing the risk of non-compliance and protecting the interests of both the league and its partners.
NFL Requirements. It is acknowledged, understood and agreed that, so long as the NFL Consent Letter (all capitalized terms used in this paragraph and not defined in this paragraph are defined in the NFL Consent Letter) is in effect and notwithstanding anything in this Agreement or any other Operative Document to the contrary, (a) the exercise by the Secured Parties of remedies under any Operative Document will be made in accordance with the terms and provisions of the NFL Consent Letter, the terms, conditions and provisions of which each of the parties to any Operative Document has accepted as reasonable and appropriate, and
NFL Requirements. The Parties acknowledge that the Administrative Agent (as defined in the Credit Agreement) and the Collateral Agent are entering into a separate letter agreement with the NFL, the Trust, StadCo, TeamCo, and their respective Affiliates party thereto and the financial institutions party thereto (as the same may hereafter be amended, the “NFL Letter Agreement”), and that so long as the NFL Letter Agreement is in effect and notwithstanding anything in this Agreement or any other Collateral Document to the contrary, (a) the exercise by the Secured Parties (as defined in the Credit Agreement) of their rights and remedies under any Collateral Document (as defined in the Credit Agreement) will be made in accordance with the terms and provisions of the NFL Letter Agreement, and (b) in the event of any conflict or inconsistency between the terms of the NFL Letter Agreement and the terms of any Collateral Document (including this Agreement) relating to the rights and remedies of the Secured Parties under such Collateral Document, the terms of the NFL Letter Agreement will control as among the parties thereto. Without limitation of the terms of the NFL Letter Agreement, the parties hereto agree that the NFL is a third party beneficiary of this Section 8.25 and any other terms hereof which operate to the benefit of the NFL, with full rights to enforce the same and no such term may be amended, modified or waived without the prior written consent of the NFL.
NFL Requirements. The Parties acknowledge that the Trust, StadCo, the Administrative Agent (as defined in the Credit Agreement), and the Collateral Agent are entering into a separate letter agreement with, inter alia, the NFL, StadCo, TeamCo, and their respective Affiliates party thereto and the financial institutions party thereto (as the same may hereafter be amended, the “NFL Letter Agreement”), and that so long as the NFL Letter Agreement is in effect and notwithstanding anything in this Agreement or any other Collateral Document to the contrary, (a) the exercise by the Secured Parties (as defined in the Credit Agreement) of their rights and remedies under any Collateral Document (as defined in the Credit Agreement) will be made in accordance with the terms and provisions of the NFL Letter Agreement, and (b) in the event of any conflict or inconsistency between the terms of the NFL Letter Agreement and the terms of any Collateral Document (including this Agreement) relating to the rights and remedies of the Secured Parties under such Collateral Document, the terms of the NFL Letter Agreement will control as among the parties thereto.
NFL Requirements. It is acknowledged, understood and agreed that, so long as the NFL Consent Letter (all capitalized terms used in this paragraph and not defined in this paragraph are defined in the NFL Consent Letter) is in effect and notwithstanding anything in this Agreement or any other Operative Document to the contrary, (a) the exercise by the Secured Parties of remedies under any Operative Document will be made in accordance with the terms and provisions of the NFL Consent Letter, the terms, conditions and provisions of which each of the parties to any Operative Document has accepted as reasonable and appropriate, and (b) in the event of any conflict or inconsistency between the terms of the NFL Consent Letter and the terms of any Operative Document (including this Agreement), the terms of the NFL Consent Letter will control; provided, however, nothing in the NFL Consent Letter controls the performance by Seller of its obligations hereunder or the limitations on liability applicable to Seller hereunder. Without limitation of the terms of the NFL Consent Letter, the parties hereto agree that the NFL is a third party beneficiary of this paragraph, and any other terms of this Agreement or the other Transaction Documents which operate to the benefit of the NFL, with full rights to enforce the same and no such term may be amended, modified or waived without the prior written consent of the NFL.
NFL Requirements. The Parties acknowledge that the Trust, StadCo, the Administrative Agent and the Collateral Agent are entering into a separate letter agreement with, inter alia, the NFL, StadCo, TeamCo, and their respective Affiliates party thereto and the financial institutions party thereto (as the same may hereafter be amended, the “NFL Letter Agreement”), and that so long as the NFL Letter Agreement is in effect and notwithstanding anything in this Agreement or any other Collateral Document to the contrary, (a) the exercise by the Secured Parties of their rights and remedies under any Collateral Document will be made in accordance with the terms and provisions of the NFL Letter Agreement, and (b) in the event of any conflict or inconsistency between the terms of the NFL Letter Agreement and the terms of any Collateral Document (including, without limitation, this Agreement) relating to the rights and remedies of the Secured Parties under such Collateral Document, the terms of the NFL Letter Agreement will control as among the parties thereto.