Common use of Operating Revenues Clause in Contracts

Operating Revenues. Subject to its subleases and/or other agreements (including without limitation license and/or concession agreements) with third parties, Tenant shall have the full right to collect and own as Tenant’s exclusive property all revenues, profits, royalties, payments of every kind and rentals derived from, produced within or associated with the Rangers Complex or any component thereof, including, without limitation, all sublease and other rental or license fees, admission ticket revenue, all parking fees, all revenues derived from the sale of programs, novelties and concessions, all sponsorship revenues and facility naming revenues, all radio, television, cablecast, pay television, web streaming, and any other broadcasting or media revenues of any type whatsoever, irrespective of method of transmission or whether derived from the sale of broadcasting rights, broadcast advertising or other sources of revenue relating to broadcasting or other distribution of Major League Baseball games during the Term, and all advertising and signage revenues of any type whatsoever, including but not limited to revenues from the sale of advertising and signage on scoreboards and outfield walls and in all other places on the Rangers Complex.

Appears in 2 contracts

Sources: Rangers Ballpark Lease Agreement, Ballpark Funding and Closing Agreement