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Convention and Meeting Facility Booking Policies

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VII. Challenges

If dates have been tentatively reserved for first or second priority events, and another Producer wants those dates, then such other Producer (the "Challenger") may deliver to the Center a deposit of twenty-five percent (25%) or more of the Challenger's estimated minimum rent. The size of the deposit shall be at the sole discretion of the Center.

The Center will then advise the person or firm holding the tentative reservation (the "Date Holder") of the challenge. Such notice may be by telephone, letter or telegram. Within forty-eight (48) hours of such notice, the Date Holder must submit to the Center a deposit equal to twenty-five percent (25%) of the Date Holder's estimated minimum rental, and execute a License Agreement in a form acceptable to the Center. The Center may at its sole discretion waive these requirements, or extend the time limits for up to five (5) days.