NASCAR Rights Affiliate

Example Definitions of "NASCAR Rights Affiliate"
NASCAR Rights Affiliate. Means any corporation, partnership or other legal entity that is (1) an affiliate or an assignee of NASCAR or controlled, directly or indirectly by NASCAR, and (2) engaged solely in the business of exploiting Live Broadcast Rights or Ancillary Rights for purposes of generating Live Broadcast Income and Net Ancillary Rights Income and performing all necessary activities incident thereto.
NASCAR Rights Affiliate. Means any corporation, partnership or other legal entity that is (1) an affiliate or an assignee of NASCAR or controlled, directly or indirectly by NASCAR, and (2) engaged in the business of exploiting Live Transmission Rights or Ancillary Rights for purposes of generating Live Transmission Income and Ancillary Rights Net Income before Industry Expenses and after Income Tax Provision and performing all necessary activities incident thereto. NEM may arrange for, coordinate, supervise, determine,... and/or control certain Event-related activity related to the immediately preceding, and/or act in other capacities relative to the Live Transmission Rights or Ancillary Rights as specified elsewhere in this Agreement, but NEM is not a NASCAR Rights Affiliate. View More
All Definitions