Defined Gross Revenues definition
Defined Gross Revenues. (also referred to as “DGR”) means the aggregate revenues received or to be received on an accrual basis, for or with respect to a League Year during the term of this Agreement, by the NFL and all NFL Teams (and their designees), from all sources, whether known or unknown, derived from, relating to or arising out of the performance of players in NFL football games, with only the specific exceptions set forth below. The NFL and each NFL Team shall in good faith act and use their best efforts, consistent with sound business judgment, so as to maximize Defined Gross Revenues for each playing season during the term of this Agreement. . . .
Defined Gross Revenues. “Excluded Games” “Federal Securities” “Guaranty Period”
Defined Gross Revenues means the aggregate revenues received or to be received on an accrual basis, for or with respect to any "League Year" (as such term is defined in Article I, Section 1 of the 1993 CBA), during the term of this Agreement by the NFL and all NFL Teams (and their designees), from the following sources only: (i) regular season, pre-season, and post-season gate receipts (net of admission taxes, and surcharges paid to a stadium or municipal authorities which are deducted for purposes of calculating gate receipts subject to revenue sharing), including ticket revenue from "luxury boxes," suites and premium seating subject to gate receipt sharing among NFL Teams; and (ii) proceeds from the sale, license, or other conveyance of the right to broadcast or exhibit NFL pre-season, regular season, and play-off games on network and national cable television (which by way of example only, would currently include all revenues generated from NFL television contracts with FOX, NBC, ABC, TNT and ESPN). For the purposes of this Agreement only, Defined Gross Revenues does not include any proceeds from the sale, license, or conveyance of the right to broadcast or exhibit NFL pre-season, regular season, and play-off games to and on any other source, including, without limitation, local television, pay television, satellite encryption, international broadcasts, radio, or any other means of distribution.
Examples of Defined Gross Revenues in a sentence
Neither the parties hereto, nor any Club or player shall enter into any agreement, AFL Player Contract, or other transaction which includes any terms that are designed to serve the purpose of defeating or circumventing the intention of the parties as reflected by (a) the provisions of this Agreement with respect to Defined Gross Revenues, Salary Cap, and Minimum League-Wide Player Compensation, and (b) any other term and provision of this Agreement.
More Definitions of Defined Gross Revenues
Defined Gross Revenues or “DGR” means all of the revenues that are included within the definition of Defined Gross Revenues, as set forth in Article VIII, Section 1.
Defined Gross Revenues means the aggregate revenues received or to be received on an accrual basis, for or with respect to any 'League Year' (as such term is defined in Article I, Section 1 of the 1993 CBA), during the term of this Agreement by the NFL and all NFL Teams (and their designees), from the following sources only: (i) regular season, pre-season, and post-season gate receipts (net of admission taxes, and surcharges paid to a stadium or municipal authorities which are deducted for purposes of calculating gate receipts subject to revenue sharing), including ticket revenue from 'luxury boxes,' suites and premium seating subject to gate receipt sharing among NFL Teams; and (ii) proceeds from the sale, license, or other conveyance of the right to broadcast for exhibit NFL pre- season, regular season, and play-off games on network and national cable television (which by way of example only, would currently include all revenues generated from NFL television contracts with FOX, NBC, ABC, TNT and
Defined Gross Revenues. “Excluded Games” “Federal Securities” “Guaranty Period” “Qualified Paid Attendance” “Renegotiation Notice” “Team Salary Cap” “Termination Date”
Defined Gross Revenues means the aggregate revenues received or to be received on an accrual basis, for or with respect to any "League Year" (as such term is defined in Article I, Section 1 of the 1993 CBA), during the term of this Agreement by the NFL and all NFL Teams (and their designees), from the following sources only: