Casino Lease. The purpose of XXXXX LEASE shall be limited to the use by the Gulf Coast Research Laboratory to further its mission and purposes and specifically for the operation and expansion of the XXXXX CENTER and/or other educationally sound programs, operations or facilities consistent with the NEW MASTER PLAN and all future amendments and updates to said plan. Any property included in the XXXXX LEASE that is subsequently developed under the NEW MASTER PLAN will be released from the XXXXX LEASE, and STATE and CITY will execute a new lease for such development purposes. Subject to Paragraph IV(6) hereof, rent under any such new leases for development purposes will be shared pursuant to IV(2) hereof. The XXXXX LEASE shall be exempt from any use or rental fees pursuant to MISS. CODE XXX. §29-15-13 and § 29-1-15. The term of the XXXXX LEASE shall be for 40 years with an option to renew for an additional 25 years, unless sooner terminated by the failure to use lease premises for the permitted purposes of the lease.
Casino Lease. (2) Parking License; (3) Easement Agreement, and (4) License Agreement (collectively the "Assigned Agreements"). As a material inducement to and in consideration of Seller's consent to Buyer's assignment of the Assigned Agreements, Buyer shall, on the Closing Date, execute and deliver to Seller a guaranty (the "Guarantee") substantially in the form attached hereto as Exhibit B.
Casino Lease. The Casino Lease has been duly authorized, executed and delivered by MHG HR Acquisition Corp. (“Merger Sub”). Assuming that the Casino Lease is a valid and binding obligation of the lessee therunder, the Casino Lease constitutes a valid and binding obligation of Merger Sub, subject to the terms and conditions thereof, enforceable in accordance with its terms, except as enforceability may be limited by bankruptcy laws, other similar laws affecting creditors’ rights and general principles of equity affecting the availability of specific performance and other equitable remedies. Except as set forth on Schedule 6.2, the execution, delivery and performance of the Casino Lease by Merger Sub does not and, upon consummation of the Acquisition, the assumption by the surviving corporation of the obligations of Merger Sub thereunder, shall not (i) conflict with any of the provisions of the organizational documents of Merger Sub or the surviving corporation, as applicable, (ii) conflict with, result in a breach of the terms, conditions or provisions of, or constitute a default under (whether with or without the passage of time, the giving of notice or both) any agreement, contract or instrument to which Merger Sub or the surviving corporation, as applicable is bound, (iii) result in the creation of any lien or Encumbrance upon Merger Sub’s or the surviving corporation’s equity interests or assets, as applicable, or any equity interests or assets that comprise part of the Acquired Assets, other than as contemplated herein or by the Credit Facility Commitment Letter, (iv) result in a violation of any law, statute, rule, regulation, order, judgment or decree to which Merger Sub or the surviving corporation is subject or (v) require any authorization, consent, approval, exemption or other action by or notice or declaration to, or filing with, any third party or any Governmental Body.
Casino Lease the Casino Operating Contract or the Management Agreement, except such amendments, modifications or changes which are not adverse to the interests of the Company and do not impose material restrictions on the Company, (iv) amend, modify or permit the amendment or modification of the Manager Subordination Agreement, or (v) amend or modify, or permit the amendment or modification of, the Revolving Credit Agreement Documents, except (A) such amendments, modifications or changes which are not adverse to the interests of the Company (and do not increase the pricing pursuant to the Revolving Credit Agreement Documents) and do not impose material restrictions on the Company and (B) a replacement working capital loan facility for the Revolving Credit Agreement may be entered into in accordance with the provisions of subsection (b) of this Section 5.15.
Casino Lease. The Casino Lease consists of the following documents:
(i) Golden Nugget Casino Lease (the “Golden Nugget Casino Lease”), dated as of November 29, 2004, between Xxxxx Xxxxxxx and Xxxx Xxx Xxxxxxx (“Landlord”), and Vormsberg Company (“Tenant”), and
(ii) that certain Xxxx of Sale and Assignment and Assumption Agreement dated on or about the date hereof, wherein Tenant assigned the Golden Nugget Casino Lease to Trustor, and Trustor assumed all of Tenant’s obligations thereunder.
Casino Lease. The Casino Lease consists of the following documents:
(i) 192nd Pacific Properties Lease (the “Silver Dollar Casino Lease”), dated as of June 1, 2002, between Big Nevada, Inc., d/b/a The Silver Dollar Casino, as Lessee (“Tenant”), and 192nd Pacific Properties L.L.C. and Xxx X. Xxxxxx and Xxxxxx X. Xxxxxx, collectively, as Lessor (“Landlord”); and
Casino Lease. The Casino Lease consists of the following documents:
(i) Commercial Premises Lease (Parking Lot) (the “Hollywood Casino Parking Lot Lease”), dated as of March 5, 2007, between Hollydrift Gaming, Inc., d/b/a Club Hollywood, as Lessee (“Tenant”), and Old 99 Property Group, LLC, as Lessor (“Landlord”); and
(ii) that certain Xxxx of Sale and Assignment and Assumption Agreement dated on or about the date hereof, wherein Tenant assigned the Hollywood Casino Parking Lot Lease to Trustor, and Trustor assumed all of Tenant’s obligations thereunder.
Casino Lease. This Gold Ranch Casino Lease ("Lease") is made this 27th day of December, 2001, by and between Last Chance, Inc., a Nevada Corporation (Last Chance) and Prospector Gaming Enterprises, Inc., a Nevada Corporation, doing business as Gold Ranch Casino & RV Resort (sometimes referred to as PGE) with respect to the lease of the Gold Ranch Casino Property and improvements and the FF&E; and by and between Last Chance and Target Investments, L.L.C., a Nevada limited liability company (Target) with respect to the lease of the Leach Field Property, the Frontage Parcel and the Sign Easement. PGE xxx Target are jointly referred to as Landlord.
Casino Lease. The Casino Lease consists of the following documents:
(i) Commercial Premises Lease (the “Hollywood Casino Lease”), dated as of March 5, 2007, between Hollydrift Gaming, Inc., d/b/a Club Hollywood, as Lessee (“Tenant”), and Old 99 Property Group, L.L.C., as Lessor (“Landlord”); and
(ii) that certain Xxxx of Sale and Assignment and Assumption Agreement dated on or about the date hereof, wherein Tenant assigned the Hollywood Casino Lease to Trustor, and Trustor assumed all of Tenant’s obligations thereunder.
Casino Lease. THIS CASINO LEASE (this "Lease") is made and entered into as of 199_, by and between Seven Circle Resorts of Nevada, Inc., a Nevada corporation ("Tenant") and The Resort at Summxxxxx, Xxmited Partnership, a Nevada limited partnership ("Landlord").
