Concern Regarding Payment Responsibility for Conversion of Field Sample Clauses

This clause defines which party is responsible for the costs associated with converting a field, such as changing its use, structure, or compliance with new regulations. In practice, it specifies whether the owner, tenant, or another party must pay for necessary modifications, upgrades, or adaptations to the field during the term of an agreement. By clearly allocating financial responsibility, the clause helps prevent disputes and ensures that all parties understand their obligations regarding field conversion expenses.
Concern Regarding Payment Responsibility for Conversion of Field. Section 16.1 of the Agreement makes it clear that Licensor bears the responsibility for obtaining and converting the non-customized portions of the field to UNLV’s playing surface and back, after a different function at the Stadium. UNLV will be responsible for the cost of the customized panels, which may include end zones and mid-field panels, together with the cost of switching those panels in and out for UNLV Team Home Games. “Except for the cost of obtaining, installing, removing, repairing, maintaining, storing and converting the midfield logo, end zones and other portions of the artificial turf field containing customized UNLV Team colors, logos and other field markings for which Licensee shall be responsible, Licensor shall be responsible for all costs and expenses in connection with obtaining, installing, removing, repairing, maintaining, storing and converting the artificial turf to another playing surface (and back).” BOARD OF REGENTS OF THE NEVADA SYSTEM OF HIGHER EDUCATION, FOR AND ON BEHALF OF THE UNIVERSITY OF NEVADA, LAS VEGAS ▇▇▇▇▇ County, Nevada Dated as of January [●], 2018 ARTICLE 1 DEFINITIONS 2 Section 1.1 Definitions and Usage 2 Section 1.2 Exhibits 2 ARTICLE 2 DESIGN; USE OF UNLV EVENT FACILITIES 2 Section 2.1 Design of UNLV Event Facilities 2 Section 2.2 License of the UNLV Event Facilities 2 ARTICLE 3 TERM 3 Section 3.1 Term 3 Section 3.2 Non-Interruption 3 Section 3.3 Subservience 3 ARTICLE 4 PREMIUM SEATING 3 Section 4.1 Sale of Luxury Suite Licenses 3 Section 4.2 Sale of Club Seats and Loge Seats 3 Section 4.3 Amenities 4 ARTICLE 5 SCHEDULING 4 Section 5.1 Priority 4 Section 5.2 Certain Nonconference UNLV Team Home Games with Priority Over Certain Major Events 4 Section 5.3 Scheduling Process for UNLV Team Home Games 5 Section 5.4 Schedule Changes 5 Section 5.5 Other UNLV Events 6 Section 5.6 Field Conditions 6
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