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.
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Sources: Authority PSL Account Agreement, Authority PSL Account Agreement
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 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.
Appears in 1 contract
Sources: Authority PSL Account Agreement