Common use of Irrevocable License for Event Activities Clause in Contracts

Irrevocable License for Event Activities. Tenant continues to grant to the Port an irrevocable, assignable license (the “Event License”) to make use of the Terminal 91 Cruise Facility for Event Activities. In the exercise of the rights granted under the Event License, the Port or its assignee: 2.3.1 Shall not materially interfere with any Ship Activities, and it is understood between the Parties that Ship Activities shall have priority over Event Activities; 2.3.2 Shall return that portion of the Premises actually occupied in substantially the same condition in which received; 2.3.3 Shall reimburse Tenant (to the extent paid by ▇▇▇▇▇▇) for the reasonable cost of any utilities consumed in the enjoyment of the Event License without markup of any kind; and 2.3.4 Shall provide commercial general liability insurance, including liquor liability coverage, against claims for injury or death to persons or damage to property occurring on or about that portion of the Premises actually occupied in an amount not less than $2,000,000 combined single limit for each occurrence. Notwithstanding Section 11.6.1, this insurance shall, to the extent of the limits set forth in this Section 2.3.4, be primary and non-contributory with any insurance carried by Tenant pursuant to Section 11.2.1. In the event of the Port or its assignee makes use of the Event License, any and all applicable charges deriving from and/or revenues attributable to such use shall accrue to the benefit of, and shall be billed and retained by, the Port. Except as either: (i) specifically provided in this Lease, or (ii) set forth in the Event Reimbursement Agreement, Tenant shall not charge the Port or its assignee any fee associated with the use of the Event License.

Appears in 2 contracts

Sources: Lease Agreement, Lease Agreement

Irrevocable License for Event Activities. Tenant continues to grant to the Port an irrevocable, assignable license (the “Event License”) to make use of the Terminal 91 Cruise Facility for Event Activities. In the exercise of the rights granted under the Event License, the Port or its assignee: 2.3.1 Shall not materially interfere with any Ship Activities, and it is being understood between the Parties that Ship Activities shall have priority over Event Activities; 2.3.2 Shall return that portion of the Premises actually occupied in substantially the same condition in which received; 2.3.3 Shall reimburse Tenant (to the extent paid by ▇▇▇▇▇▇Tenant) for the reasonable cost of any utilities consumed in the enjoyment of the Event License without markup of any kind; and 2.3.4 Shall provide commercial general liability insurance, including liquor liability coverage, against claims for injury or death to persons or damage to property occurring on or about that portion of the Premises actually occupied in an amount not less than $2,000,000 combined single limit for each occurrence. Notwithstanding Section 11.6.1, this insurance shall, to the extent of the limits set forth in this Section 2.3.4, be primary and non-contributory with any insurance carried by Tenant pursuant to Section 11.2.1. In the event of the Port or its assignee makes use of the Event License, any and all applicable charges deriving from and/or revenues attributable to such use shall accrue to the benefit of, and shall be billed and retained by, the Port. Except as either: (i) specifically provided in this LeaseAmended and Restated Agreement, or (ii) set forth in the Event Reimbursement Agreement, Tenant shall not charge the Port or its assignee any fee associated with the use of the Event License.

Appears in 1 contract

Sources: Cruise Facility Lease Agreement

Irrevocable License for Event Activities. Tenant continues to grant to the Port an irrevocable, assignable license (the “Event License”) to make use of the Terminal 91 Cruise Facility for Event Activities. In the exercise of the rights granted under the Event License, the Port or its assignee: 2.3.1 Shall not materially interfere with any Ship Activities, and it is understood between the Parties that Ship Activities shall have priority over Event Activities; 2.3.2 Shall return that portion of the Premises actually occupied in substantially the same condition in which received; 2.3.3 Shall reimburse Tenant (to the extent paid by ▇▇▇▇▇▇) for the reasonable cost of any utilities consumed in the enjoyment of the Event License without markup of any kind; and 2.3.4 Shall provide commercial general liability insurance, including liquor liability coverage, against claims for injury or death to persons or damage to property occurring on or about that portion of the Premises actually occupied in an amount not less than $2,000,000 combined single limit for each occurrence. Notwithstanding Section 11.6.1, this insurance shall, to the extent of the limits set forth in this Section 2.3.4, be primary and non-contributory with any insurance carried by Tenant pursuant to Section 11.2.111.1.1. In the event of the Port or its assignee makes use of the Event License, any and all applicable charges deriving from and/or revenues attributable to such use shall accrue to the benefit of, and shall be billed and retained by, the Port. Except as either: (i) specifically provided in this Lease, or (ii) set forth in the Event Reimbursement Agreement, Tenant shall not charge the Port or its assignee any fee associated with the use of the Event License.

Appears in 1 contract

Sources: Lease Agreement