Common use of Suite Clause in Contracts

Suite. At no cost to the City Parties, Owner hereby grants City Parties exclusive ownership rights of a suite in the Complex containing not less than ten (10) seats (the “Suite”) for any event at the Complex Site, including any special events held solely for suite owners, subject to all standard policies and procedures of Owner with respect to suites and suite holders (except as otherwise provided in this Agreement). The Suite shall be of a size and in a location reasonably acceptable to City Parties and Owner, and Owner and City Parties shall enter into an agreement promptly after the Effective Date that, subject to this Section 12.8.1, sets forth the Parties’ rights and obligations with respect to the Suite. Use of the Suite by City Parties shall be for promotional and economic development activities and for other public and civic purposes during any event at the Complex Site. City Parties shall have the same privileges, under the same terms and conditions, as Owner grants to the majority of third-Persons for other similarly located suites in the Complex, except that, although City Parties shall be obligated to pay for costs and expenses in connection with its use of the Suite, including without limitation their share of food and beverage service charges, telephone expenses, maintenance and repair costs and other charges imposed on the majority of suite users for services (all such charges, costs and expenses to City Parties being on a “cost” basis to the provider thereof), City Parties shall not be obligated to pay (a) to acquire their rights to the Suite, (b) any annual rent with respect thereto or (c) for tickets associated with the use of the Suite. Further, Owner shall remove the Suite from the manifest for all events at the Complex Site and City Parties shall be entitled to the number of tickets to any event in the Complex Site equal to the sum of the number of fixed seats and bar seats in the Suite. Reserved or premium parking passes shall be provided to City Parties at no charge for events at the Complex Site in the same proportion and on the same terms that other third Person suite holders in similarly located suites have parking rights.

Suite. At no cost to the City Parties, Owner hereby grants City Parties exclusive ownership rights of a suite in the Complex containing not less than ten (10) seats (the “Suite”) for any event at the Complex Site, including any special events held solely for suite owners, subject to all standard policies and procedures of Owner with respect to suites and suite holders (except as otherwise provided in this Agreement). The Suite shall be of a size and in a location reasonably acceptable to City Parties and Owner, and Owner and City Parties shall enter into an agreement promptly after the Effective Date that, subject to this Section 12.8.1, sets forth the Parties’ rights and obligations with respect to the Suite. Use of the Suite by City Parties shall be for promotional and economic development activities and for other public and civic purposes during any event at the Complex Site. City Parties shall have the same privileges, under the same terms and conditions, as Owner grants to the majority of third-Persons for other similarly located suites in the Complex, except that, although City Parties shall be obligated to pay for costs and expenses in connection with its use of the Suite, including without limitation their share of food and beverage service charges, telephone expenses, maintenance and repair costs and other charges imposed on the majority of suite users for services (all such charges, costs and expenses to City Parties being on a “cost” basis to the provider thereof), City Parties shall not be obligated to pay pay (a) to acquire their rights to the Suite, (b) any annual rent with respect thereto or (c) for tickets associated with the use of the Suite. Further, Owner shall remove the Suite from the manifest for all events at the Complex Site and City Parties shall be entitled to the number of tickets to any event in the Complex Site equal to the sum of the number of fixed seats and bar seats in the Suite. Reserved or premium parking passes shall be provided to City Parties at no charge for events at the Complex Site in the same proportion and on the same terms that other third Person suite holders in similarly located suites have parking rights.