Sports Business definition

Sports Business the ownership and operation of one or more services featuring programming, data or content that, as to an individual service, is, or, as to a group of related services, is coordinated in such a manner as to be, predominantly sports and sports- related for distribution by any means and in any form in the United States of America and its territories (excluding Puerto Rico) and Canada; provided that the Sports Business will not include [i] any programming service delivered by Broadcast TV, even if transmitted via cable or any other mode of distribution, which programming service offers programming that is not predominantly sports and sports-related, [ii] any on- line sports information business conducted in connection with sports programming on FBC, [iii] the on-line sports information business conducted through SportsLine USA, Inc., and [iv] ownership and operation of sports bars and similar establishments and the sports merchandising businesses currently conducted by one or more Affiliates of the Fox Member under the name "Fox," or any similar name. For purposes of this definition, the RPP LLC will be deemed to be engaged in the Sports Business.
Sports Business has the meaning set out in the Shareholder Agreement; Term has the meaning ascribed thereto in Section 8.1 hereof; Trademarks shall mean the registered or unregistered trademarks, trade names, logos and brands owned or used by the Licensor or its Affiliates in connection with the Mixed-Use Software which are the subject of the Amended and Restated Trademark Agreement of even date hereof between the Parties to this Agreement; Updates shall mean a new or a revised version of the Mixed-Use Software that contains bug fixes and/or minor enhancements or improvements (Updates are designated by a change in the number to the right of the decimal point in the version number); Upgrades shall mean any new version of the Mixed-Use Software that contains major enhancements and new features (Upgrades are designated by a change in the number to the left of the decimal point in the version number);
Sports Business has the meaning set forth in the Recitals.

Examples of Sports Business in a sentence

  • No Member will have any obligation to offer an opportunity outside the Sports Business to the Company.

  • Notwithstanding anything to the contrary in this Section 2.2, at the Closing, the Lender shall pay directly to Seller, on Purchaser’s behalf, the proceeds of the loan made by the Lender to Purchaser pursuant to the Loan Agreement to pay, as directed by Purchaser, the Licensed Sports Business Purchase Price, the RueLaLa Purchase Price and/or the ShopRunner Purchase Price.

  • At or prior to the Closing, Purchaser shall contribute $31,000,000 to one or more of the Purchased Entities, at Purchaser’s election (with respect to the identity of the applicable Purchased Entity), and such capital contribution shall be deemed to be paid in respect of a portion of the Licensed Sports Business Purchase Price, ShopRunner Purchase Price and the RueLaLa Purchase Price payable at the Closing.

  • Seller wishes to sell, and Purchaser wishes to purchase all of the assets used in the Sports Business of the Seller upon and subject to the terms and conditions set forth in this Agreement.

  • For the year ended December 31, 2003, the total combined revenue of the Sports Business, the Design and Engineering Practice and the Medical Consulting Business was approximately $250,000.

  • The attached “Governmental Licenses Schedule” contains a complete listing of all material Governmental Licenses used by the Company Group in the conduct of the Communities Business and the Sports Business as of the date hereof.

  • Each of BBI and Seller understands and acknowledges that ▇▇▇▇▇▇▇▇, as his full time occupation prior to the Closing Date, operated the Sports Business and the Design and Engineering Practice, and ▇▇▇▇▇▇, as his full time occupation prior to the Closing Date, operated the Medical Consulting Business.

  • When Employees are scheduled to work during their shift or portion thee of as a Section Copy Editor (e.g. Entertainment, Lifestyles, Sports, Business, Travel, Wheels) and Page Release they shall receive a $5.00 job premium.

  • When Employees are scheduled to work during their shift or portion thereof as a Section Copy Editor (e.g. Online, Entertainment, Lifestyles, Sports, Business, Travel and Page Release) they shall receive a $5.00 job premium.

  • Seller for itself and each Affiliate acknowledges and agrees that all Trade Secrets related expressly to the Sports Business, and all physical embodiments thereof, are a part of the Purchased Assets are confidential to and shall be and remain the sole and exclusive property of Purchaser.


More Definitions of Sports Business

Sports Business means software, hardware, business intelligence and data analytics, and services related to the management and operation of endurance, mud, obstacle and theme based races; sporting leagues, teams, associations and clubs; swim and track meets; and endurance race event timing; endurance and sports event fundraising, scheduling and volunteer management; sports event and activity participant membership loyalty and engagement programs; sports related branding and promotion; and sports related digital media, marketing, demand generation, and consumer loyalty and engagement programs.