Common use of Organizer Clause in Contracts

Organizer. Promoter shall organize and promote the races hereunder as major motor racing events. Organizer/Promoter shall have the right to on-site track entitlement, and revenues therefrom. On-site entitlement is to designate the title/name of the race at the venue, subject to CART approval which shall not be unreasonably withheld. All media releases, public announcements and public disclosures by either party or its employees or agents relating to this Agreement, including but not limited to promotional or marketing material, but not including any announcement intended solely for internal distribution at either party or any disclosure required by legal, accounting or regulatory requirements beyond the reasonable control of the disclosing party, shall be coordinated with and approved by the other in writing prior to the release thereof. A. CART hereby grants Organizer/Promoter the non-exclusive right to use the IndyCar name and logo in its promotion of each Event during the term hereof, in accordance with all provisions contained in this Agreement. Any logo, design, mark or representation made, formulated, or developed in conjunction with such Event shall be subject to the prior written approval of CART. B. Organizer/Promoter shall display in all advertising and publicity material including but not limited to news releases, posters, banners, program covers, brochures, tickets, passes and credentials relating to each Event the phrase: "PPG Indy Car World Series" and the logos of PPG and IndyCar (as approved and supplied by CART). CART reserves the right to change such phrase and logo. C. Organizer/Promoter shall include in its display of the IndyCar logo the symbol (R) to indicate that it is a registered mark. A sheet of camera ready art depicting these logos shall be provided by CART. Further, in promoting and advertising each Event, Organizer/Promoter shall promote the Competition as a part of the PPG Indy Car World Series or as otherwise designated by CART. Organizer/Promoter shall provide such verification of compliance with the provisions contained in this paragraph 13 as CART may reasonably request.

Appears in 1 contract

Sources: Official Organizer/Promoter Agreement (Championship Auto Racing Teams Inc)

Organizer. Promoter shall organize and promote the races hereunder as major motor racing events. Organizer/Promoter shall have the right to on-site track entitlement, and revenues therefrom. On-site entitlement is to designate the title/name of the Champ Car race and all CART sanctioned support activities at the venue, subject to CART approval which shall not be unreasonably withheld. Such title sponsorships must not conflict with CART Series sponsors (presently 6 8 Monterrey Promoter Agreement March 28, 2000 Draft #4 FedEx) or co-Series sponsors. All media releases, public announcements and public disclosures by either party or its employees or agents relating to this Agreement, including but not limited to promotional or marketing material, but not including any announcement intended solely for internal distribution at either party or any disclosure required by legal, accounting or regulatory requirements beyond the reasonable control of the disclosing party, shall be coordinated with and approved by the other in writing prior to the release thereof. A. CART hereby grants Organizer/Promoter the non-exclusive right to use the IndyCar name names and logo logos of CART and the FedEx Championship Series in its promotion of each Event during the term hereof, in accordance with all provisions contained in this Agreement. Any logo, design, mark or ▇▇ representation made, formulated, or developed in conjunction with such Event shall be subject to the prior written approval of CART. B. Organizer/Promoter shall display in all advertising and publicity material including but not limited to news releases, posters, banners, program covers, brochures, tickets, passes passes, credentials and credentials print and television advertising relating to each Event the phrase: "PPG Indy Car World FedEx Championship Series" and the logos of PPG and IndyCar Series logo (as approved and supplied by CART). CART reserves the right to change such phrase and logo. C. Organizer/Promoter shall include in its display of the IndyCar Series name and logo the symbol (R) to indicate that it is a they are registered markmarks. A sheet of camera ready art depicting these logos shall be provided by CART. Further, in promoting and advertising each Event, Organizer/Promoter shall promote the Competition as a part of the PPG Indy Car World FedEx Championship Series or as otherwise designated by CART. Organizer/Promoter shall provide such verification of compliance with the provisions contained in this paragraph Paragraph 13 as CART may reasonably request.

Appears in 1 contract

Sources: Official Organizer/Promoter Agreement (Championship Auto Racing Teams Inc)

Organizer. Promoter shall organize and promote the races hereunder as major motor racing events. Organizer/Promoter shall have the right to on-site track entitlement, and revenues therefrom. On-site entitlement is to designate the title/name of the Champ Car race and all CART sanctioned support activities at the venue, subject to CART approval which shall not be unreasonably withheld. Such title sponsorships must not conflict with CART Series sponsors (presently FedEx) or co-Series sponsors with a conflict existing if the conflicting sponsorships involve entities whose primary and substantial business activities and focuses compete with one another. The parties agree that during the term of this Agreement, future CART Series Title or co-Title sponsorships will not be sold in the following categories without the mutual consent of the parties: Car, oil and gas, tires, telephone (local wireless and long distance), tobacco, beer, and soft drinks. All media releases, public announcements and public disclosures by either party or its employees or agents relating to this Agreement, including but not limited to promotional or marketing material, but not including any announcement intended solely for internal distribution at either party or any disclosure required by legal, accounting or regulatory requirements beyond the reasonable control of the disclosing party, shall be coordinated with and approved by the other in writing prior to the release thereof. A. CART hereby grants Organizer/Promoter the non-exclusive right to use the IndyCar name names and logo logos of CART and the FedEx Championship Series in its promotion of each Event during the term hereof, in accordance with all provisions contained in this Agreement. Any logo, design, mark ▇▇▇▇ or representation made, formulated, or developed in conjunction with such Event shall be subject to the prior written approval of CART. B. . CART shall indemnify and hold Organizer/Promoter shall display in all advertising harmless from any claims or actions by third parties alleging trademark infringement against any logos and publicity material including but not limited to news releases, posters, banners, program covers, brochures, tickets, passes and credentials relating to each Event the phrase: "PPG Indy Car World Series" and the logos of PPG and IndyCar (as approved and supplied marks provided by CART). CART reserves the right to change such phrase and logo. C. for Organizer/Promoter's use pursuant to this Mexico City Promoter shall include in its display of the IndyCar logo the symbol (R) to indicate that it is a registered mark. A sheet of camera ready art depicting these logos shall be provided by CART. Further, in promoting and advertising each Event, Organizer/Promoter shall promote the Competition as a part of the PPG Indy Car World Series or as otherwise designated by CART. Organizer/Promoter shall provide such verification of compliance with the provisions contained in this paragraph 13 as CART may reasonably request.Agreement Final Contract

Appears in 1 contract

Sources: Official Organizer/Promoter Agreement (Championship Auto Racing Teams Inc)

Organizer. Promoter shall organize and promote the races hereunder as major motor racing events. Organizer/Promoter shall have the right to on-site track entitlement, and revenues therefrom. On-site entitlement is to designate the title/name of the race at the venue, Champ Car race. subject to CART approval which shall not be unreasonably withheld. Such title sponsorships must not conflict with CART Series sponsors (presently FedEx) or a co-Series sponsor. As of the execution of this agreement, CART does not have a co-Series sponsor. In the event CART obtains a co-Series sponsor which is in conflict with entitlement sponsor of Rockingham Motor Speedway, both parties will discuss in good faith how to resolve such conflict. All media releases, public announcements and public disclosures by either party or its employees or agents relating to this Agreement, including but not limited to promotional or marketing material, but not including any announcement intended solely for internal distribution at either party or any disclosure required by legal, accounting or regulatory requirements beyond the reasonable control of the disclosing party, shall be coordinated with and approved by the other in writing prior to the release thereof. A. CART hereby grants Organizer/Promoter the non-exclusive right to use the IndyCar name names and logo logos of CART and the FedEx Championship Series in its promotion of each Event during the term hereof, in accordance with all provisions contained in this Agreement. Any logo, design, mark or ▇▇ representation made, formulated, or developed in conjunction with such Event shall be subject to the prior written approval of CART. B. Organizer/Promoter shall display in all advertising and publicity material including but not limited to news releases, posters, banners, program covers, brochures, tickets, passes passes, credentials and credentials print and television advertising relating to each Event the phrase: "PPG Indy Car World FedEx Championship Series" and the logos of PPG and IndyCar Series logo (as approved and supplied by CART), such approval not to be unreasonably withheld. CART reserves the right to change such phrase and logo. C. logo upon 120 days notice. In the event CART changes the phrase and logo without such notice, CART shall reimburse Organizer/Promoter shall include for its actual out-of-pocket expenses in its display of changing the IndyCar logo the symbol (R) to indicate that it is a registered mark. A sheet of camera ready art depicting these logos shall be provided by CART. Further, in promoting phrase and advertising each Event, Organizer/Promoter shall promote the Competition as a part of the PPG Indy Car World Series or as otherwise designated by CART. Organizer/Promoter shall provide such verification of compliance with the provisions contained in this paragraph 13 as CART may reasonably requestlogo.

Appears in 1 contract

Sources: Promoter Agreement (Championship Auto Racing Teams Inc)

Organizer. Promoter shall organize and promote the races hereunder as major motor racing events. Organizer/Promoter shall have the right to on-site track entitlement, and revenues therefrom. On-site entitlement is to designate the title/name of the Champ Car race and all CART sanctioned support activities at the venue, subject to CART approval which shall not be unreasonably withheld. Such title sponsorships must not conflict with CART Series sponsors (presently 6 <PAGE> 8 Monterrey Promoter Agreement March 28, 2000 Draft #4 FedEx) or co-Series sponsors. All media releases, public announcements and public disclosures by either party or its employees or agents relating to this Agreement, including but not limited to promotional or marketing material, but not including any announcement intended solely for internal distribution at either party or any disclosure required by legal, accounting or regulatory requirements beyond the reasonable control of the disclosing party, shall be coordinated with and approved by the other in writing prior to the release thereof. 13. A. CART hereby grants Organizer/Promoter the non-exclusive right to use the IndyCar name names and logo logos of CART and the FedEx Championship Series in its promotion of each Event during the term hereof, in accordance with all provisions contained in this Agreement. Any logo, design, mark ▇▇▇▇ or representation made, formulated, or developed in conjunction with such Event shall be subject to the prior written approval of CART. B. Organizer/Promoter shall display in all advertising and publicity material including but not limited to news releases, posters, banners, program covers, brochures, tickets, passes passes, credentials and credentials print and television advertising relating to each Event the phrase: "PPG Indy Car World FedEx Championship Series" and the logos of PPG and IndyCar Series logo (as approved and supplied by CART). CART reserves the right to change such phrase and logo. C. Organizer/Promoter shall include in its display of the IndyCar Series name and logo the symbol (R) to indicate that it is a they are registered markmarks. A sheet of camera ready art depicting these logos shall be provided by CART. Further, in promoting and advertising each Event, Organizer/Promoter shall promote the Competition as a part of the PPG Indy Car World FedEx Championship Series or as otherwise designated by CART. Organizer/Promoter shall provide such verification of compliance with the provisions contained in this paragraph Paragraph 13 as CART may reasonably request. D. Organizer/Promoter shall not use the names, logos or trademarks of CART or any Series sponsor for any purpose other than as herein defined. E. Upon the expiration or termination of this Agreement for any reason, Organizer/Promoter shall cease and desist any and all use of the names, logos or trademarks of CART or any Series sponsor or any colorable imitation, variation or adaptation thereof.

Appears in 1 contract

Sources: Official Organizer/Promoter Agreement

Organizer. Promoter shall organize and promote the races hereunder as major motor racing events. Organizer/Promoter shall have the right to on-site track entitlement, and revenues therefrom. On-site entitlement is to designate the title/name of the race at the venue, subject to CART approval which shall not be unreasonably withheld. All media releases, public announcements and public disclosures by either party or its employees or agents relating to this Agreement, including but not limited to promotional or marketing material, but not including any announcement intended solely for internal distribution at either party or any disclosure required by legal, accounting or regulatory requirements beyond the reasonable control of the disclosing party, shall be coordinated with and approved by the other in writing prior to the release thereof. A. CART hereby grants Organizer/Promoter the non-exclusive right to use the IndyCar name names and logo logos of CART and the FedEx Championship Series in its promotion of each Event during the term hereof, in accordance with all provisions contained in this Agreement. Any logo, design, mark or ▇▇ representation made, formulated, or developed in conjunction with such Event shall be subject to the prior written approval of CART. Any such logo, design, mark, ▇▇ representation not disapproved within ten (10) days of submission to CART shall be deemed approved. B. Organizer/Promoter shall display in all advertising and publicity material including but not limited to news releases, posters, banners, program covers, brochures, tickets, passes passes, credentials and credentials print and television advertising relating to each Event the phrase: "PPG Indy Car World FedEx Championship Series" and the logos of PPG and IndyCar Series logo (as approved and supplied by CART). CART reserves the right to change such phrase and logologo up to one hundred eighty (180) days prior to the Event. C. Organizer/Promoter shall include in its display of the IndyCar logo the symbol (R) to indicate that it is a registered mark. A sheet of camera ready art depicting these logos shall be provided by CART. Further, in promoting and advertising each Event, Organizer/Promoter shall promote the Competition as a part of the PPG Indy Car World Series or as otherwise designated by CART. Organizer/Promoter shall provide such verification of compliance with the provisions contained in this paragraph 13 as CART may reasonably request.

Appears in 1 contract

Sources: Official Organizer/Promoter Agreement (Championship Auto Racing Teams Inc)

Organizer. Promoter shall organize provide access to the PA system in order for CART to fulfill its contractual obligations to its sponsors and promote inform participants and spectators of activities during the races hereunder Event. A. CART merchandise, as major motor racing eventssupplied by CART or its licensed representative, will be afforded the opportunity to be sold from its own official concession stand to be located in a prominent, high-traffic location, generally near the paddock area. Selected items of merchandise may also be prominently offered for sale in the track concession sales booths. Merchandise sold from the CART booth will generate a royalty of twenty-five percent (25%) of the gross sales, after taxes, paid to Organizer/Promoter shall have Promoter. Merchandise placed in the right to on-site track entitlement, and revenues therefromconcessionaire booths will be done so on a consignment basis with the concessionaire given a forty (40%) percent discount on the retail price of all merchandise sold. On-site entitlement is to designate the title/name of the race at the venue, subject to CART approval which shall not Retail prices will be unreasonably withheld. All media releases, public announcements and public disclosures by either party or its employees or agents relating to this Agreement, including but not limited to promotional or marketing material, but not including any announcement intended solely for internal distribution at either party or any disclosure required by legal, accounting or regulatory requirements beyond the reasonable control of the disclosing party, shall be coordinated with and approved by the other agreed upon in writing prior to the release thereofmerchandise being placed in concessionaire booths. All accounting will be completed by noon of the day following the conclusion of each Event. All payments will be made and unsold merchandise returned at the same time. A. B. It is Organizer/Promoter's responsibility to insure that any and all concessions and/or merchandise reflecting the CART hereby grants or IndyCar marks is properly licensed. In the event that CART discovers any unlicensed products, it will have the right to take appropriate action in its sole discretion. C. All IndyCar teams will be afforded the opportunity to sell their team merchandise within the area designated by Organizer/Promoter the non-exclusive right to use the IndyCar name and logo in its promotion of each Event during the term hereoffor such purpose. Participating teams will pay a rights fee for such opportunity, in accordance with all provisions contained in this Agreement. Any logo, design, mark or representation made, formulated, or developed in conjunction with such Event which fee shall be subject to the prior written approval of CART. B. Organizer/Promoter shall display in all advertising and publicity material including but not limited to news releases, posters, banners, program covers, brochures, tickets, passes and credentials relating to each Event the phrase: "PPG Indy Car World Series" and the logos of PPG and IndyCar (as approved and supplied by CART). CART reserves the right to change such phrase and logo. C. Organizer/Promoter shall include in its display of the IndyCar logo the symbol (Ri) to indicate that it is a registered mark. A sheet of camera ready art depicting these logos shall be provided by CART. Further, in promoting and advertising each Event, Organizer/Promoter shall promote the Competition as a part of the PPG Indy Car World Series or as otherwise designated by CART. Organizer/Promoter shall provide such verification of compliance consistent with the provisions contained in this paragraph 13 as CART may reasonably requestthen current market price and (ii) no less favorable for any IndyCar team than the terms and conditions provided to other vendors located within the same area, under comparable circumstances.

Appears in 1 contract

Sources: Official Organizer/Promoter Agreement (Championship Auto Racing Teams Inc)