Examples of Sponsorships in a sentence
IHC shall have the exclusive right, without infringing upon the intellectual property rights of THBC, other licensees/tenants or other third parties, to sell Sponsorships, which Sponsorships shall be subject to THBC’s approval in its commercially reasonable discretion.
Subject to Section 13.01 with respect to the Naming Rights Package, the installation, purchase, repair, maintenance and/or construction of any Signage as part of Sponsorships, except with respect to the Electronic Signage (“Signage Fulfillment”), shall be completed by IHC and shall be provided for and take place in a manner consistent with the construction standards and architectural look of the Event Center and Municipal Purposes.
Sponsorships must be made on the form provided, contain the information requested, and be executed by an individual who has authority to act for the applicant (sponsor).
THBC shall thereafter be entitled to all revenues that become due and payable after the effective date of termination or expiration of this Agreement with respect to those Sponsorships.
Upon termination or expiration of this Agreement, THBC may (but shall not be obligated to) assume and discharge all of IHC’s rights and obligations under the Sponsorships, and IHC shall assign such Sponsorships to THBC.