Naming Right definition

Naming Right means the exclusive Partnership to name a City Asset. The Partnership is documented in an agreement and has a specified end date. This is different than naming a City Asset with the City’s Naming Policy, wherein, an Asset can be named to recognize significant people and has no specified end date.
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Naming Right means the right to name an asset or venue owned by the Town for a fixed period of time that may be acquired by an individual or organization in exchange for money and/or another form of consideration.
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Naming Right means the contractual right provided to a person
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Examples of Naming Right in a sentence

  • The Counties and the donor shall work together to establish the official name to be used to recognize the Naming Right donation.

  • The Stadium Authority is entitled to and will continue to receive all Naming Rights Revenue even after any financing secured by Naming Right Revenues is repaid.

  • The Naming Right shall be personal to Capella Education Company and may not be assigned other than to an Affiliate or Successor.

  • Any cost or expense for such reinstated Naming Right and/or Donor Recognition referenced in this paragraph, will be the sole responsibility of Licensee.

  • The Directors are also of the view that terms of the Naming Right Agreement and the transactions contemplated thereunder are fair and reasonable and in the interests of the Company and shareholders of the Company as a whole.

  • Nothing in this Section shall preclude Landlord from granting, and Landlord shall have the right, at any time and from time to time, to grant naming rights with respect to the Building to any third party and Landlord shall have the right, at any time prior to the date on which Tenant would otherwise become entitled to the Naming Right, to grant the exclusive right to name the Tower to any tenant of the Project that leases more Rentable Area in the Project than Tenant.

  • This Donation and Naming Right Agreement Regarding the ▇▇▇▇▇▇ Park Shelter Project.

  • In light of the above, the Directors believe that the terms of the Naming Right Agreement were determined based on arm’s length negotiations between the parties.

  • If, at any time, Tenant, its Affiliates and/or Successors are not Directly Occupying at least 275,000 square feet of Rentable Area in the Project or the Lease is terminated, then (i) Tenant’s Naming Right shall forever terminate and Landlord may change the name of the Tower, (ii) Landlord may remove, at Tenant’s expense, any Naming Right signage, and (iii) Landlord may grant rights to name the Tower to any third party.

  • With respect to and at the time of each contribution to the Trust Fund, the Committee shall deliver to the Trustee a written certificate stating the amount or portion attributable to each employer-party.