Common use of Annual Minimum Per-Lease B&I Cap Ex Requirement Clause in Contracts

Annual Minimum Per-Lease B&I Cap Ex Requirement. The Annual Minimum Per-Lease B&I Cap Ex Requirement shall be unchanged by this Amendment. Further, Landlord and Tenant hereby acknowledge, for the avoidance of doubt, that the Net Revenue attributable to the Xxxxxx’x Xxxx Facility during the period the Xxxxxx’x Xxxx Facility was included in the Lease (i.e., during the period from the Commencement Date until the date of this Amendment) shall be included for purposes of calculating the Capital Expenditures required under Section 10.5(a)(ii) of the Lease (i.e., the Annual Minimum Per-Lease B&I Cap Ex Requirement).

Appears in 2 contracts

Samples: Lease (Caesars Entertainment, Inc.), Lease (Vici Properties Inc.)

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Annual Minimum Per-Lease B&I Cap Ex Requirement. The Annual Minimum Per-Lease B&I Cap Ex Requirement shall be unchanged by this Amendment. Further, Landlord and Tenant hereby acknowledge, for the avoidance of doubt, that the Net Revenue attributable to the Xxxxxx’x Xxxx Bally’s Facility during the period the Xxxxxx’x Xxxx Bally’s Facility was included in the Lease (i.e., during the period from the Commencement Date until the date of this Amendment) shall be included for purposes of calculating the Capital Expenditures required under Section 10.5(a)(ii) of the Lease (i.e., the Annual Minimum Per-Lease B&I Cap Ex Requirement).

Appears in 2 contracts

Samples: Lease (Caesars Entertainment, Inc.), Lease (Vici Properties Inc.)

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