Common use of ASSIGNMENT AND ASSUMPTION OF LEASE Clause in Contracts

ASSIGNMENT AND ASSUMPTION OF LEASE. by Ocean Showboat Inc. a New Jersey Corporation to Atlantic City Showboat, Inc. a New Jersey Corporation dated December 3, 1984 recorded December 24, 1984 in Deed Book 4004 page 310. FIRST AMENDMENT TO LEASE: between Resorts International Inc. a Delaware Corporation and Atlantic City Showboat Inc. a New Jersey Corporation dated January 15, 1985 recorded August 16, 1985 in Deed Book 4107 page 141. SECOND AMENDMENT TO LEASE: between Resorts International Inc. a Delaware Corporation and Atlantic City Showboat Inc. a New Jersey Corporation dated July 5, 1985 recorded November 25, 1985 in Deed Book 4158, page 221. THIRD AMENDMENT TO LEASE: between Resorts International Inc. a Delaware Corporation and Atlantic City Showboat Inc. a New Jersey Corporation dated October 28, 1985 recorded November 25, 1985 in Deed Book 4158, page 227. RESTATED THIRD AMENDMENT TO LEASE: between Resorts International Inc. a Delaware Corporation and Atlantic City Showboat, Inc. a New Jersey Corporation dated October 28, 1985 recorded February 20, 1987 in Deed Book 4406 page 17. FOURTH AMENDMENT TO LEASE: between Resorts International Inc. a Delaware Corporation and Atlantic City Showboat Inc. a New Jersey Corporation dated December 16, 1986 recorded February 20, 1987 in Deed Book 4406, page 37. FIFTH AMENDMENT TO LEASE: between Resorts International Inc. a Delaware Corporation and Atlantic City Showboat Inc. a New Jersey Corporation dated March 2, 1987 recorded March 23,1987 in Deed Book 4421 page 10. SIXTH AMENDMENT TO LEASE: between Resorts International Inc. a Delaware Corporation and Atlantic City Showboat, Inc. a New Jersey Corporation dated March 13, 1987 recorded March 23, 1987 in Deed Book 4421 page 17. SEVENTH AMENDMENT TO LEASE: between Resorts International Inc. a Delaware Corporation and Atlantic City Showboat, Inc. a New Jersey Corporation date October 18, 1988 recorded December 19, 1988 in Deed Book 4814 page 231. EIGHTH AMENDMENT TO LEASE: between Resorts International Inc., a Delaware Corporation and Atlantic City Showboat, Inc. a New Jersey Corporation dated May 18, 1993 recorded May 18, 1993 in Deed Book 5500, page 284. EXHIBIT 4.2(B) ASSIGNMENT AND ASSUMPTION OF LEASE Prepared by: /S/ ARTHUR E. SKLAR Arthur E. Sklar XXXXXXXXXT AND ASSUMPTION OF LEASE THIS ASSIGNMENT AND ASSUMPTION OF LEASE ("Assignment") is made this 27th day of January, 1998 by and between SUN INTERNATIONAL NORTH AMERICA, INC., 1133 Boardwalk, Atlantic Cixx, Xxx Xxxxxx 00000 ("Xxxxxxxx"), XXXXXXXX LAND LLC, 3720 Howard Hughes Parkwax, Xxxxx 000, Xxx Vegas, Nevada 89109 ("Assignee") and ATLANTIC CITY SHOWBOAT, INC. ("Lessee").

ASSIGNMENT AND ASSUMPTION OF LEASE. by Ocean Showboat Inc. Inc., a New Jersey Corporation to Atlantic City ShowboatShowboat Inc., Inc. a New Jersey Corporation to Atlantic City Showboat Inc., a New Jersey Corporation dated December 3, 1984 recorded December 24, 1984 in Deed Book 4004 page 310. FIRST AMENDMENT TO SHORT FORM LEASE: between Resorts International Inc. Inc., a Delaware Corporation and Atlantic City Showboat Inc. Showboat, Inc., a New Jersey Corporation dated January 15, 1985 recorded August 16, 1985 in Deed Book 4107 page 141. SECOND AMENDMENT TO LEASELEASE AGREEMENT: between Resorts International Inc. Inc., a Delaware Corporation and Atlantic City Showboat Inc. Showboat, Inc., a New Jersey Corporation dated July 5, 1985 recorded November 25, 1985 in Deed Book 4158, 4158 page 221. THIRD AMENDMENT TO LEASELEASE AGREEMENT: between Resorts International Inc. Inc., a Delaware Corporation and Atlantic City Showboat Inc. Showboat, Inc., a New Jersey Corporation dated October 28, 1985 recorded November 25, 1985 in Deed Book 4158, 4158 page 227. RESTATED THIRD AMENDMENT TO LEASELEASE AGREEMENT: between Resorts International Inc. Inc., a Delaware Corporation and Atlantic City Showboat, Inc. Inc., a New Jersey Corporation dated October 28, 1985 recorded February 20, 1987 in Deed Book 4406 page 17. FOURTH AMENDMENT TO LEASELEASE AGREEMENT: between Resorts International Inc. Inc., a Delaware Corporation and Atlantic City Showboat Inc. Showboat, Inc., a New Jersey Corporation dated December 16, 1986 recorded February 20, 1987 in Deed Book 4406, 4406 page 37. FIFTH AMENDMENT TO LEASELEASE AGREEMENT: between Resorts International Inc. Inc., a Delaware Corporation and Atlantic City Showboat Inc. Showboat, Inc., a New Jersey Corporation dated March 2, 1987 recorded March 23,1987 23, 1987 in Deed Book 4421 page 10. SIXTH AMENDMENT TO LEASELEASE AGREEMENT: between Resorts International Inc. Inc., a Delaware Corporation and Atlantic City Showboat, Inc. Inc., a New Jersey Corporation dated March 13, 1987 recorded March 23, 1987 in Deed Book 4421 page 17. SEVENTH AMENDMENT TO LEASELEASE AGREEMENT: between Resorts International Inc. Inc., a Delaware Corporation and Atlantic City Showboat, Inc. Inc., a New Jersey Corporation date dated October 18, 1988 recorded December 19, 1988 in Deed Book 4814 page 231. EIGHTH AMENDMENT TO LEASE: between Resorts International Inc., a Inc. (Delaware Corporation Corp.) and Atlantic City Showboat, Showboat Inc. a (New Jersey Corporation Corp.) dated May 18, 1993 recorded May 18, 1993 in Deed Book 5500, 550 page 284. EXHIBIT 4.2(BRECITAL: (As To Fee Estate) ASSIGNMENT AND ASSUMPTION OF LEASE Prepared by: /S/ ARTHUR E. SKLAR Arthur E. Sklar XXXXXXXXXT AND ASSUMPTION OF LEASE THIS ASSIGNMENT AND ASSUMPTION OF LEASE ("Assignment") is made this 27th day BEING the same premises which Resorts International, Inc. of JanuaryNew Jersey, 1998 a New Jersey Corporation by a deed dated October 28, 1986 and between SUN INTERNATIONAL NORTH AMERICArecorded on December 24, INC.1986 in Atlantic County in Deed Book 4366 page 214 granted and conveyed unto Resorts International, 1133 BoardwalkInc., Atlantic Cixx, Xxx Xxxxxx 00000 ("Xxxxxxxx"), XXXXXXXX LAND LLC, 3720 Howard Hughes Parkwax, Xxxxx 000, Xxx Vegas, Nevada 89109 ("Assignee") and ATLANTIC CITY SHOWBOAT, INCa Delaware Corporation in fee. ("Lessee").SCHEDULE B EXISTING ENCUMBRANCES

ASSIGNMENT AND ASSUMPTION OF LEASE. by Ocean Showboat Inc. a New Jersey Corporation to Atlantic City Showboat, Inc. a New Jersey Corporation dated December 3, 1984 recorded December 24, 1984 in Deed Book 4004 page 310. FIRST AMENDMENT TO LEASE: between Resorts International Inc. a Delaware Corporation and Atlantic City Showboat Showboat, Inc. a New Jersey Corporation dated January 15, 1985 recorded August 16, 1985 in Deed Book 4107 page 141. SECOND AMENDMENT TO LEASE: between Resorts International Inc. a Delaware Corporation and Atlantic City Showboat Showboat, Inc. a New Jersey Corporation dated July 5, 1985 recorded November 25, 1985 in Deed Book 4158, 4158 page 221. THIRD AMENDMENT TO LEASE: between Resorts International Inc. a Delaware Corporation and Atlantic City Showboat Inc. a New Jersey Corporation dated October 28, 1985 recorded November 25, 1985 in Deed Book 4158, 4158 page 227. RESTATED THIRD AMENDMENT TO LEASE: between Resorts International Inc. a Delaware Corporation and Atlantic City Showboat, Inc. a New Jersey Corporation dated October 28, 1985 recorded February 20, 1987 in Deed Book 4406 page 17. FOURTH AMENDMENT TO LEASE: between Resorts International Inc. a Delaware Corporation and Atlantic City Showboat Inc. a New Jersey Corporation dated December 16, 1986 recorded February 20, 1987 in Deed deed Book 4406, page 37. FIFTH AMENDMENT TO LEASE: between Resorts International Inc. a Delaware Corporation and Atlantic City Showboat Inc. a New Jersey Corporation dated March 2, 1987 recorded March 23,1987 23, 1987 in Deed Book 4421 page 10. SIXTH AMENDMENT TO LEASE: between Resorts International Inc. a Delaware Corporation and Atlantic City Showboat, Inc. a New Jersey Corporation dated March 13, 1987 recorded March 23, 1987 in Deed Book 4421 page 17. SEVENTH AMENDMENT TO LEASE: between Resorts International Inc. a Delaware Corporation and Atlantic City Showboat, Inc. a New Jersey Corporation date dated October 18, 1988 recorded December 19, 1988 in Deed Book 4814 page 231. EIGHTH AMENDMENT TO LEASE: between Resorts International Inc., a Delaware Corporation and Atlantic City Showboat, Inc. a New Jersey Corporation dated May 18, 1993 recorded May 18, 1993 in Deed Book 5500, page 284. EXHIBIT 4.2(B) ASSIGNMENT AND ASSUMPTION OF LEASE Prepared by: /S/ ARTHUR E. SKLAR Arthur E. Sklar XXXXXXXXXT AND ASSUMPTION OF LEASE THIS ASSIGNMENT AND ASSUMPTION OF LEASE ("Assignment") is made this 27th day of January, 1998 by and between SUN INTERNATIONAL NORTH AMERICA, INC., 1133 Boardwalk, Atlantic Cixx, Xxx Xxxxxx 00000 ("Xxxxxxxx"), XXXXXXXX LAND LLC, 3720 Howard Hughes Parkwax, Xxxxx 000, Xxx Vegas, Nevada 89109 ("Assignee") and ATLANTIC CITY SHOWBOAT, INC. ("Lessee").

ASSIGNMENT AND ASSUMPTION OF LEASE. by Ocean Showboat Inc. a New Jersey Corporation to Atlantic City Showboat, Inc. a New Jersey Corporation dated December 3, 1984 recorded December 24, 1984 24,1984 in Deed Book 4004 page 310. FIRST AMENDMENT TO LEASE: between Resorts International Inc. a Delaware Corporation and Atlantic City Showboat Inc. a New Jersey Corporation dated January 15, 1985 recorded August 16, 1985 16,1985 in Deed Book 4107 page 141. SECOND AMENDMENT TO LEASE: between Resorts International Inc. a Delaware Corporation and Atlantic City Showboat Inc. a New Jersey Corporation dated July 5, 1985 5,1985 recorded November 25, 1985 25,1985 in Deed Book 4158, page 221. THIRD AMENDMENT TO LEASE: between Resorts International Inc. a Delaware Corporation and Atlantic City Showboat Inc. a New Jersey Corporation dated October 28, 1985 recorded November 25, 1985 25,1985 in Deed Book 4158, page 227. RESTATED THIRD AMENDMENT TO LEASE: between Resorts International Inc. a Delaware Corporation and Atlantic City Showboat, Inc. a New Jersey Corporation dated October 28, 1985 28,1985 recorded February 20, 1987 20,1987 in Deed Book 4406 page 17. FOURTH AMENDMENT TO LEASE: between Resorts International Inc. a Delaware Corporation and Atlantic City Showboat Inc. a New Jersey Corporation dated December 16, 1986 16,1986 recorded February 20, 1987 20,1987 in Deed Book 4406, page 37. FIFTH AMENDMENT TO LEASE: between Resorts International Inc. a Delaware Corporation and Atlantic City Showboat Inc. a New Jersey Corporation dated March 2, 1987 recorded March 23,1987 in Deed Book 4421 page 10. SIXTH AMENDMENT TO LEASE: between Resorts International Inc. a Delaware Corporation and Atlantic City Showboat, Inc. a New Jersey Corporation dated March 13, 1987 recorded March 23, 1987 in Deed Book 4421 page 17. SEVENTH AMENDMENT TO LEASE: between Resorts International Inc. a Delaware Corporation and Atlantic City Showboat, Inc. a New Jersey Corporation date October 18, 1988 recorded December 19, 1988 19,1988 in Deed Book 4814 page 231. EIGHTH AMENDMENT TO LEASE: between Resorts International Inc., a Delaware Corporation and Atlantic City Showboat, Inc. a New Jersey Corporation dated May 18, 1993 recorded May 18, 1993 18,1993 in Deed Book 5500, page 284. EXHIBIT 4.2(B) ASSIGNMENT AND ASSUMPTION OF LEASE Prepared by: /S/ ARTHUR E. SKLAR Arthur E. Sklar XXXXXXXXXT AND ASSUMPTION OF LEASE THIS ASSIGNMENT AND ASSUMPTION OF LEASE ("Assignment") is made this 27th day of January, 1998 by and between SUN INTERNATIONAL NORTH AMERICA, INC., 1133 Boardwalk, Atlantic Cixx, Xxx Xxxxxx 00000 ("Xxxxxxxx"), XXXXXXXX LAND LLC, 3720 Howard Hughes Parkwax, Xxxxx 000, Xxx Vegas, Nevada 89109 ("Assignee") and ATLANTIC CITY SHOWBOAT, INC. ("Lessee").

ASSIGNMENT AND ASSUMPTION OF LEASE. by Ocean Showboat Inc. Inc., a New Jersey Corporation to Atlantic City ShowboatShowboat Inc., Inc. a New Jersey Corporation to Atlantic City Showboat Inc., a New Jersey Corporation dated December 3, 1984 recorded December 24, 1984 in Deed Book 4004 page 310. FIRST AMENDMENT TO SHORT FORM LEASE: between Resorts International Inc. Inc., a Delaware Corporation and Atlantic City Showboat Inc. Showboat, Inc., a New Jersey Corporation dated January 15, 1985 recorded August 16, 1985 in Deed Book 4107 page 141. SECOND AMENDMENT TO LEASELEASE AGREEMENT: between Resorts International Inc. Inc., a Delaware Corporation and Atlantic City Showboat Inc. Showboat, Inc., a New Jersey Corporation dated July 5, 1985 recorded November 25, 1985 in Deed Book 4158, 4158 page 221. THIRD AMENDMENT TO LEASELEASE AGREEMENT: between Resorts International Inc. Inc., a Delaware Corporation and Atlantic City Showboat Inc. Showboat, Inc., a New Jersey Corporation dated October 28, 1985 recorded November 25, 1985 in Deed Book 4158, 4158 page 227. RESTATED THIRD AMENDMENT TO LEASELEASE AGREEMENT: between Resorts International Inc. Inc., a Delaware Corporation and Atlantic City Showboat, Inc. Inc., a New Jersey Corporation dated October 28, 1985 recorded February 20, 1987 in Deed Book 4406 page 17. FOURTH AMENDMENT TO LEASELEASE AGREEMENT: between Resorts International Inc. Inc., a Delaware Corporation and Atlantic City Showboat Inc. Showboat, Inc., a New Jersey Corporation dated December 16, 1986 recorded February 20, 1987 in Deed Book 4406, 4406 page 37. FIFTH AMENDMENT TO LEASELEASE AGREEMENT: between Resorts International Inc. Inc., a Delaware Corporation and Atlantic City Showboat Inc. Showboat, Inc., a New Jersey Corporation dated March 2, 1987 recorded March 23,1987 23, 1987 in Deed Book 4421 page 10. SIXTH AMENDMENT TO LEASELEASE AGREEMENT: between Resorts International Inc. Inc., a Delaware Corporation and Atlantic City Showboat, Inc. Inc., a New Jersey Corporation dated March 13, 1987 recorded March 23, 1987 in Deed Book 4421 page 17. SEVENTH AMENDMENT TO LEASELEASE AGREEMENT: between Resorts International Inc. Inc., a Delaware Corporation and Atlantic City Showboat, Inc. Inc., a New Jersey Corporation date dated October 18, 1988 recorded December 19, 1988 in Deed Book 4814 page 231. EIGHTH AMENDMENT TO LEASE: between Resorts International Inc., a Inc. (Delaware Corporation Corp.) and Atlantic City Showboat, Showboat Inc. a (New Jersey Corporation Corp.) dated May 18, 1993 recorded May 18, 1993 in Deed Book 5500, 550 page 284. EXHIBIT 4.2(BRECITAL: (As To Fee Estate) ASSIGNMENT AND ASSUMPTION OF LEASE Prepared by: /S/ ARTHUR E. SKLAR Arthur E. Sklar XXXXXXXXXT AND ASSUMPTION OF LEASE THIS ASSIGNMENT AND ASSUMPTION OF LEASE ("Assignment") is made this 27th day BEING the same premises which Resorts International, Inc. of JanuaryNew Jersey, 1998 a New Jersey Corporation by a deed dated October 28, 1986 and between SUN INTERNATIONAL NORTH AMERICArecorded on December 24, INC.1986 in Atlantic County in Deed Book 4366 page 214 granted and conveyed unto Resorts International, 1133 BoardwalkInc., Atlantic Cixx, Xxx Xxxxxx 00000 ("Xxxxxxxx"), XXXXXXXX LAND LLC, 3720 Howard Hughes Parkwax, Xxxxx 000, Xxx Vegas, Nevada 89109 ("Assignee") and ATLANTIC CITY SHOWBOAT, INCa Delaware Corporation in fee. ("Lessee").PREMISES B