Entertainment Store definition

Entertainment Store or collectively "Entertainment Stores" shall mean a self contained retail outlet that offers entertainment to the general public predominately consisting of indoor simulated stock car and stock truck race driving experiences using the Simulators and indoor grandstand spectator seating, but also including a refreshment area and a retail merchandise area, with a predominant theme associated and identified with NASCAR stock car and stock truck racing, and other NASCAR racing theme(s) promoted and approved by NASCAR during the term of this Agreement.
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Examples of Entertainment Store in a sentence

  • From time to time Licensee may present a list of prospective territories outside of the United States, Canada and Australia in which the Licensee is considering establishing additional Entertainment Store locations, at which time the Licensor will notify the Licensee of any known rights-related issues that might encumber such expansion.

  • Notwithstanding the foregoing, Licensee may however, have [***] sponsors per Entertainment Store location in competing categories with Licensor's Exclusive Sponsors and Licensees per year.

  • To the extent any change is made to the Site Trade Dress as applied at any of the Entertainment Stores Licensor shall have reasonable access to such Entertainment Store while the work is in progress to verify that such alterations or modifications of the Site Trade Dress as applied at such Entertainment Store complies with this Section 11.

  • The Entertainment Store has been designed and constructed in substantial compliance with the Initial Plan, and as such Initial Plan may be modified from time to time with the approval of Licensor.

  • If, and only if, Licensee reasonably determines that with respect to an Entertainment Store it is unprofitable and the expenses of an Entertainment Store exceed the Gross Revenue from such Entertainment Store during any full calendar year in the operation of such Entertainment Store; provided, however, that Licensee shall timely pay all creditors and satisfy all of its debts and liabilities relating to such Entertainment Store prior to closing of such Entertainment Store to the general public.

  • During the term of this Agreement, Licensee in the exercise of its best business judgment, may determine that it is necessary or advisable to close an Entertainment Store or to otherwise cease operating such Entertainment Store pursuant to the terms of this Agreement.

  • Licensee acknowledges that Licensor's consent to a proposed Site for an Entertainment Store and any information communicated to Licensee regarding the proposed Site does not constitute a representation or warranty of any kind, express or implied, as to the suitability of the proposed Site for an Entertainment Store or for any other purpose.

  • Licensee has provided Licensor with all other related items which Licensor may reasonably request or require in connection with the opening to the general public of the Entertainment Store.

  • Licensor shall not unreasonably uphold the opening of the Entertainment Store locations.

  • In addition, Licensor and/or its designated representatives or agents shall have the right at any time during such Entertainment Store's regular business hours to observe, photograph and videotape the operations of such Entertainment Store for such consecutive or intermittent periods as it deems necessary and inspect and copy any books, records and documents relating to Licensee's operation of such Entertainment Store.