Team Owner definition
Examples of Team Owner in a sentence
The Team Owner (i) shall control the pricing, the advertising of and on, and the distribution (including the distribution for no charge) of Hockey Tickets, whether Hockey Tickets are issued directly by the Team Owner, through agencies, or other designees authorized by the Team Owner; and (ii) shall receive and retain, as Exclusive Team Revenues, all Hockey Ticket Receipts (other than any such revenues constituting Exclusive City Revenues).
Except as otherwise expressly set forth in this Amendment, all of the terms and provisions of the Agreement shall remain in full force and effect and are ratified and confirmed by City, Arena Manager and Team Owner.
Team Owner shall have no right to any and all revenues, including surcharges, that are attributable to Non-Hockey events.
Parties expressly agree that in the event the City replaces the Arena Manager that the Team Owner will have the right to continue to receive concession, sponsorship and licensing revenues attributable directly to hockey events for the remainder of the term of the agreement.
Exhibit 4 to this Contract, as an accounting tool only, provides the method by which the Construction Team (Owner, ▇▇▇▇ and Architect) may continuously determine whether the Work is within the GMP throughout the Construction Phase.
City, Arena Manager and Team Owner are parties to that certain Professional Management Services and Arena Lease Agreement dated as of July 8, 2013 (“Agreement”).
If Owner desires that Manager replace one or more members of the Manager Executive Team, Owner shall provide written notice thereof stating in reasonable detail the basis for such request.
The City and Team Owner each represent and warrant that they have not created any liability for any broker’s fee, broker’s or agent’s commission, finder’s fee or other fee or commission in connection with this First Amendment.
The Arena Manager shall, on an ongoing basis during each Fiscal Year, (i) monitor all actual expenses and revenues; (ii) compare such actual revenues and expenses to the corresponding categories of budgeted expenses and revenues for such Fiscal Year; and (iii) promptly give notice to the City and the Team Owner of any circumstances that indicate to the Arena Manager that there may be a need to incur unbudgeted expenses.
Subject to the terms and conditions of the Noncompetition/Non-Relocation Agreement, the Team Owner shall have the right, without any additional consent or approval of the other parties, to assign, pledge, transfer or sell to any lender providing financing to the Team Owner or any of its Affiliates, as security for such financing, the rights of the Team Owner under this Agreement, provided that, if applicable, the NHL has approved or consented to such assignment.