Common use of Development Assistance Clause in Contracts

Development Assistance. Without assuming any liability, WPHLI will provide the following assistance and advice to the Owner prior to the Season Opening Day: (a) Advisory assistance in negotiating the Arena License and other business arrangements necessarily incidental to the operation of the Owner’s Team, including the recruitment of player and non-player personnel; (b) Advisory assistance with any necessary renovations of the Home Arena, and the acquisition and installation of any necessary equipment; and (c) Advisory assistance with obtaining financing for the development and ongoing operation of the Owner’s Team.

Appears in 2 contracts

Sources: License Agreement, License Agreement (Global Entertainment Corp)