Examples of Entertainment Center in a sentence
Notwithstanding any other provisions of this Agreement, in the event of the acquisition of the Company’s interest herein by any Company Mortgagee Designee or any permitted purchaser at a Foreclosure Event, the operation of the Entertainment Center by or on behalf of any such acquirer of the Company’s interest herein under this Agreement shall be subject to the provisions and requirements of this Agreement and the Lease, and such act in accordance with the requirements of this Agreement.
Further, the Company will not own or operate any other facility or project having a purpose similar to the Entertainment Center within 150 miles of the Entertainment Center or within the Austin and Oklahoma City metropolitan areas.
Connect2Culture has approached the City of Joplin seeking a gift of the Memorial Hall parking lot so it may continue efforts to fundraise, design, engineer, and construct a Joplin Arts & Entertainment Center on the parking lot.
It is the intent of the parties to have the Memorial Hall parking lot, legally described on Exhibit A, revert back to the City in the event construction of the Joplin Arts & Entertainment Center is not undertaken by a specific date.
In the event Connect2Culture does complete construction of the Joplin Arts and Entertainment Center on the Property and commences operation thereof within such time period, then upon Connect2Culture’s request, the City shall execute an instrument, in recordable form reasonably acceptable to the parties, acknowledging the satisfaction of said condition and the termination of City’s reversionary interest in the Property.
The term of this agreement shall be to and until completion of the Joplin Arts & Entertainment Center except as provided herein below.
This Memorandum of Understanding and Agreement is intended to memorialize the agreement between the parties regarding the transfer of the Memorial Hall parking lot, legally described on Exhibit A, attached hereto and incorporated herein by reference, the future construction of a Joplin Arts & Entertainment Center by Connect2Culture, and related obligations of the parties.
Connect2Culture has secured commitments for the use of several parking lots around the area of 7th and Wall for parking for future events at the Joplin Arts & Entertainment Center and Memorial Hall.
A venue project (such as the Entertainment Center) is exempt from taxation under Section 11.11, TEXAS TAX CODE, while a municipality owns the venue project.
The City waives all permit, license, inspection, impact, tap, and other fees payable to the City in connection with the design, construction, repair, renovation, replacement, and operation of the Entertainment Center.