TGLP definition
Examples of TGLP in a sentence
Each of TGII and TGLP is a limited partnership, duly organized, validly existing, and in good standing under the laws of Delaware, with the power and authority to conduct its business as it is now being conducted, to own or use the properties and assets that it purports to own or use, and to perform all its obligations under this Agreement.
Delivery fees for tickets purchased via the Auction Software shall be the same as tickets purchased from TGLP via ▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇, and delivery shall be handled in the same way as for regular single tickets purchased at ▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇.
Changes in TicketExchange Fees, other than annual increases described above, shall not apply to TGLP clients then subject to a contract requiring the certain TicketExchange Fees until the then current term of the contract for that client expires.
TGLP shall be entitled to retain the Auction Credit Card Fees and shall be responsible for paying any fees due to the credit card company and for any chargebacks assessed by the merchant bank in connection with Auction Software transactions by consumers.
TGLP shall comply with and shall require its clients and consumers to comply with any rules and procedures related to Auction sales promulgated by Ticketmaster.
TGLP shall also be responsible for obtaining any client consents or venue consents required for sellers to sell tickets via the TicketExchange Software for a price in excess of the original purchase price of the ticket.
Ticketmaster shall (i) process the TicketExchange Software transactions contemplated by this letter agreement, (ii) provide settlement services both to TGLP and to the sellers of tickets via the TicketExchange Software and (iii) shall provide fulfillment services for tickets sold via the TicketExchange Software.
TGLP shall require that each ticket to be sold using the Auction Software initially go on sale with a Starting Bid.
TGLP has assigned to the Collateral Agent for security purposes, all of TGLP’s right, title and interest in the Assigned Agreement as collateral for TGLP’s obligations under the Credit Agreements and the security documents (as amended, modified or supplemented from time to time, the “Security Documents”) executed in connection therewith.
TGLP shall charge the client an additional service charge equal to Ticketmaster’s standard additional service charge with respect to Auction Software transactions in the United States, as such service charge may be modified by Ticketmaster from time to time (“Auction Fee”).