Team Assets definition

Team Assets means any Team owned by the Company or any of its Restricted Subsidiaries and the assets owned, leased or used for the customary operation of or in connection with any Team or used in or necessary for the customary operation of any Team or the performance or exhibition by the Team of games in which it is a participant, and any asset arising out of or in connection with any Team’s status as a member team of its League, including any cash generated from the operations of such Team or Team Assets, but for the avoidance of doubt, excluding the cash generated from the Network Business (it being understood that the items listed in the definition of Excluded Rangers Non-Pledged Account and Excluded Knicks Non-Pledged Account, as the case may be, are not generated from the Network Business).
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Team Assets has the meaning set forth in Recital E.
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Examples of Team Assets in a sentence

  • Commencing on the Stadium Opening Date and continuing throughout the Term, subject to the terms and conditions of this Agreement, StadCo grants to Naming Rights Partner the rights with respect to the Team Assets as set forth on Schedule 3, and after consultation with Naming Rights Partner, StadCo will use its commercially reasonable efforts to implement the Team Assets, and will diligently work to have the Team Assets implemented as soon as possible during such period.

Related to Team Assets

  • Midstream Assets means (i) assets used primarily for gathering, transmission, storage, processing or treatment of natural gas, natural gas liquids or other hydrocarbons or carbon dioxide and (ii) equity interests of any Person that has no substantial assets other than assets referred to in clause (i).

  • Program Assets means any assets, goods or property (real, tangible or intangible) purchased or financed in whole or in part (directly or indirectly) by MCC Funding.

  • Acquired Assets has the meaning set forth in Section 2.1.

  • The Properties means and refer to all such existing properties, and additions thereto, as are subject to this Declaration or any Supplemental Declaration under the provisions of Article II, hereof.

  • Transferred Assets means the assets, rights and properties of the Sellers that the Purchasers shall acquire as of the Closing.