ANGELS BASEBALL - 2005 - Laserfiche WebLink

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9. All arrearages in the payment of any sums due to either party hereto under the provisions of this Agreement shall bear interest from the date due until paid at the lesser of (i) one percent (1 %) per month and (ii) the highest rate of interest then allowable pursuant to applicable law. 10. Each party to this Agreement represents that it is a sophisticated commercial party capable of understanding all of the terms of this Agreement, that it has had an opportunity to review this Agreement with its counsel, and that it enters this Agreement with full knowledge of the terms of this Agreement. 11. In the event that Sponsor receives season seats under this Agreement, the season seats shall entitle Sponsor to admission only to Angels regular season games and not to any other events at the Facility such as concerts, football games, Angels playoff games, etc. 12. Unless otherwise set forth in the Main Agreement, Sponsor shall be responsible for all costs (including but not limited to creative, design, production, installation, maintenance, repair, changes, revisions and removal) with respect to any signage purchased by Sponsor under this Agreement. 13. ABLP reserves the right to eliminate existing static signage in the Facility and replace such static signage with electronic, LED or other similar signage (collectively, "Electronic Signage"). ABLP further reserves the right to relocate existing static signage within the Facility. As and to the extent that Sponsor has licensed static signage in the Facility under this Agreement (the "Sponsor Signage"), then in the event ABLP converts such static signage into Electronic Signage or relocates such static signage within the Facility, the provisions of Paragraphs P.13(a) or P.13(b). as applicable, shall control: a) In the event that ABLP relocates the Sponsor Signage to another location or locations within the Facility, Sponsor shall be entitled (as determined by ABLP and as Sponsor's sole and exclusive remedy) to: (i) a pro rata credit for a diminution in the value of the Sponsor Signage following such relocation (all as calculated in accordance with ABLP's rate card in effect as of the date of this Agreement); (ii) additional signage or other exposure within the Facility, which additional signage or exposure shall have a value equal to the diminution in the value of the Sponsor Signage following such relocation (all as calculated in accordance with ABLP's then~current rate card); or (iii) a combination of subparagraphs (i) and (ii) above. b) In the event that ABLP eliminates the Sponsor Signage and replaces such Sponsor Signage with Electronic Signage, Sponsor shall be entitled (as determined by ABLP and as Sponsor's sole and exclusive remedy) to: (i) a pro rata credit for the elimination of the Sponsor Signage (as calculated in accordance with ABLP's rate card in effect as of the date of this Agreement) or (ii) exposure on the Electronic Signage in a value equal to the value of the Sponsor Signage for the balance of the term to which Sponsor is entitled to such Sponsor Signage under this Agreement (all as calculated in accordance with ABLP's then~current rate card); or (iii) a combination of subparagraphs (i) and (ii) above.