Ticketing Services. FIU will be responsible for collection of all gross ticket sales for the Event (including on-line and ▇▇▇▇▇▇ sales), and shall use the JumpTV ticketing system for the collection and tracking of all ticket sales. FIU shall remit net revenues to User following the final settlement of accounts in accordance with Section D below. The following shall apply to all ticket sales: i. A $1.25 ticket surcharge (“FIU Ticket Fee”) shall be applied to all distributed tickets. The FIU Ticket Fee shall be retained by FIU. ii. All tickets shall be listed on a ticket manifest by FIU. The ticket manifest shall specifically state the number of tickets printed and the corresponding serial number. iii. No complimentary tickets will be issued except as otherwise authorized in writing by FIU. iv. User has the option to sign out up to 500 tickets to sell at one time. If User agrees toexercise said option then User must make a deposit worth 50% of the aggregate face value of the tickets. User must return the full face value of all tickets sold or each unsold ticket. User expressly agrees that it is solely responsible for the full face value of all the signed out tickets in the event they are lost, misplaced, or stolen.
Appears in 2 contracts
Sources: Stadium Use Agreement, Stadium Use Agreement