Common use of League Rules Clause in Contracts

League Rules. ▇▇▇▇▇ recognizes that Team operates under League Rules. If any League Rules or applications of the League Rules adversely affect ▇▇▇▇▇’ rights under this Agreement such as, by way of example only, creating an association between Competitive Products and Team, the Facility or the Team Marks, ▇▇▇▇▇ and Team will negotiate in good faith for a reduction in the sponsorship Fees for the remaining portion of the term of this Agreement to reflect ▇▇▇▇▇’ lost value. If within thirty (30) days the parties have not agreed on the amount of this reduction, the parties shall submit the matter to binding arbitration pursuant to Section 14, including the right to request and be granted termination. Team will promptly notify ▇▇▇▇▇ of any NFL action that would reasonably be expected to adversely affect ▇▇▇▇▇’▇ rights or create an association between Competitive Products and Team, the Facility, the Team Marks, or the Facility Marks.

Appears in 2 contracts

Sources: Sponsorship Agreement (Jones Soda Co), Sponsorship Agreement (Jones Soda Co)