NBA Franchise definition

NBA Franchise means the NBA franchise known as the "Denver Nuggets" and all rights of Nuggets Sub and Ascent Sports pursuant to the agreements with the NBA related thereto.
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NBA Franchise. The right of the Borrower under the NBA Charter, as a member of the NBA, to operate a professional basketball team. NBA Partnership Agreement. That certain NBA Market Extension Partnership Agreement dated as of October 25, 1990, and restated as of April 23, 1991, among the NBA franchises. NBA Play Stoppage. A work stoppage or strike by NBA players, or a "lock-out" or similar event preventing NBA players from engaging in NBA games, or the cancellation of at least eight (8) Boston Celtics regular season NBA games as a result of any of the foregoing events. An NBA Play Stoppage shall be deemed to continue until the recommencement of NBA games after a suspension thereof, so long as no further games are canceled.
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NBA Franchise means and includes membership in and all associated rights, privileges and powers granted by the NBA to the Team, and its successors and assigns, to operate a basketball team and conduct Home Games as a member of the NBA.
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Examples of NBA Franchise in a sentence

  • The Proposed NBA Franchise Player Designation Model Based on the above analysis, this article proposes an NBA franchise player designation model.

  • On or before November 30, 1998, the Borrower shall have delivered to the Lender a valuation of the NBA Franchise prepared by a valuation firm acceptable to Lender and showing a value of at least $120,000,000.

  • Manager agrees that after the Revised Initial Term, if no Long-Term Agreement has been entered into with an entity holding an NBA Franchise, Manager may not thereafter condition its review and approval of a Long-Term Agreement on an opportunity of Manager to participate in ownership of the NBA Franchise.

  • All of the obligations of the Borrower under this Agreement will be secured by a first perfected security interest in all tangible and intangible assets, now owned or hereafter acquired by Borrower, including but not limited to a security interest in the NBA Franchise and a leasehold mortgage of the lease between the Borrower and the New Boston Garden Corporation.

  • The Borrower will not permit or agree to (a) any termination of the NBA Franchise, (b) any assignment, transfer, or other disposition by the Borrower of any right or interest of the Borrower in the NBA Franchise other than in connection with events relating to the NBA which affect all NBA teams equally, or (c) any move or relocation of the home site of the NBA Franchise from the premises subject to the Lease.

  • Nuggets Sub is, on the Closing Date, the owner of, and have good and marketable title to, the NBA Franchise, and the NBA Franchise is in compliance with all of the rules and regulations of, and is in good standing with, the NBA, and all agreements related thereto.

  • The Effects of Bringing an NBA Franchise to a City on Employment: A Case Study of Memphis, Oklahoma City, Orlando, Sacramento, and Salt Lake CityRavi ShahRecommended CitationShah, Ravi, "The Effects of Bringing an NBA Franchise to a City on Employment: A Case Study of Memphis, Oklahoma City, Orlando, Sacramento, and Salt Lake City" (2018).

  • West Monroe Street Chicago, Illinois 60661312.902.5200 tel312.902.1061 fax312.379.9406 jmilch@jaffepr.com Katten Represents Detroit Pistons in Sale of NBA Franchise CHICAGO – Katten Muchin Rosenman LLP is pleased to have represented the Detroit Pistons and The Palace of Auburn Hills in the completion of the sale of the NBA franchise and the team’s arena to California businessman and Michigan native Tom Gores and his private equity firm, Platinum Equity.

  • Nuggets Sub is , on the Closing Date, the owner of, and have good and marketable title to, the NBA Franchise, and the NBA Franchise is in compliance with all of the rules and regulations of, and is in good standing with, the NBA, and all agreements related thereto.

  • Two weeks should be adequate for university staff or people with similar qualifications, provided the teacher was adequately qualified in ionogram interpretation problems.


More Definitions of NBA Franchise

NBA Franchise is defined in Section 8.2.
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Related to NBA Franchise

  • Franchise means a written contract or agreement between two or more persons whereby one

  • Subfranchisor means a person who is granted a master franchise.

  • New Franchise Agreement means the franchise license agreement to be entered into between Buyer and the Franchisor, granting to Buyer a franchise to operate the Hotel under the Brand on and after the Closing Date.

  • Franchisee means a person to whom a franchise is granted.

  • Franchise Agreements means (a) the Franchise Agreements set forth on Part IV of Schedule 4.01(p) hereto, and (b) any Franchise Agreement in respect of a Borrowing Base Asset entered into after the Closing Date in compliance with Section 5.01(r).

  • Franchisor means Marriott International, Inc.

  • Franchise Fee means a direct or indirect payment to purchase or operate a franchise. Franchise fee does not include any of the following:

  • Franchise Area means the present legal boundaries of the City as of the Effective Date, and shall also include any additions thereto, by annexation or other legal means as provided in this Agreement.

  • License means any Copyright License, Patent License, Trademark License or other license of rights or interests.

  • Franchise insurance means an individual insurance policy provided through a

  • Existing Franchise Agreement means that certain franchise license agreement between the Seller and the Franchisor, granting to Seller a franchise to operate the Hotel under the Brand.

  • Franchise Agreement or “Agreement” shall mean this Agreement and any amendments or modifications hereto.

  • Restaurants means a business that prepares and serves food and drinks to customers.

  • Transient guest means a natural person staying less than 30 consecutive days.

  • Retail Store – means any business facility that sells goods directly to the consumer whether for or not-for-profit, including, but not limited to, retail stores, restaurants, pharmacies, convenience and grocery stores, liquor stores, as well as seasonal and temporary businesses.

  • Liquor warehousing license means a license that is issued:

  • Licensing means any grant of rights to distribute the qualified motion picture, in whole or in part.

  • Liquor means beverages that are intended for human consumption containing over 1% alcohol by volume (e.g., spirits, wine, liqueur, coolers, cider or beer).

  • Liquor store means a retailer, as defined in section 111 of the Michigan liquor control code of 1998, 1998 PA 58, MCL 436.1111, that is exclusively or primarily engaged in the sale of alcoholic liquor. The term does not include a retailer that is a retail food store.

  • Concession means the granting of a license or right to act for or on behalf of the Board, or to provide a service requiring the approval or endorsement of the Board, and which may or may not involve a payment or exchange, or provision of services by or to the Board, provided that the term concession shall not include vending machines.

  • Retail business means a business which sells its product directly to a consumer.

  • Retail Marijuana means all parts of the plant of the genus cannabis whether growing or not, the seeds thereof, the resin extracted from any part of the plant, and every compound, manufacture, salt, derivative, mixture, or preparation of the plant, its seeds, or its resin, including but not limited to Retail Marijuana Concentrate, that is cultivated, manufactured, distributed, or sold by a licensed Retail Marijuana Business. “Retail Marijuana” does not include industrial hemp, nor does it include fiber produced from stalks, oil, or cake made from the seeds of the plant, sterilized seed of the plant which is incapable of germination, or the weight of any other Ingredient combined with marijuana to prepare topical or oral administrations, food, drink, or other product. If the context requires, Retail Marijuana includes Retail Marijuana Concentrate and Retail Marijuana Product.

  • Retail marijuana store means an entity licensed to purchase marijuana from marijuana cultivation facilities and marijuana and marijuana products from marijuana product manufacturing facilities and to sell marijuana and marijuana products to consumers.

  • Hotel means any establishment used for the purpose of temporary, overnight lodging for which a fee is paid and reservations are required.

  • Campground means that term as defined in section 12501 of the public health code, Act No. 368 of the Public Acts of 1978, being section 333.12501 of the Michigan Compiled Laws, except that campground does not include land or sites operated by this state or the federal government, and does not include a membership campground.

  • Property management system means the Contractor’s system or systems for managing and controlling Government property.