Casino Management Agreement Sample Clauses

Casino Management Agreement. (a) The parties agree that the Company and MCE shall use commercially reasonable efforts to procure, so far as they are able to, that the Casino Management Agreement is amended as set forth in the Implementation Agreement and that the other matters set forth in annexure G of the Implementation Agreement are implemented. (b) None of the Company, any Company Subsidiary or the MCE Subconcessionaire may cause (by action or inaction) a breach of the Casino Management Agreement (as amended under this clause 14.2 and any other contractual arrangements referenced in annexure G of the Implementation Agreement). (c) The parties acknowledge that any amendment to the Casino Management Agreement will be subject to the approval of the Macau government.
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Casino Management Agreement. (a) As additional consideration for the right to lease the Leased Premises and the Improvements, either Tenant (prior to the consummation of the VICI Sale-Leaseback Transaction) or Casino Subtenant (following the consummation of the VICI Sale-Leaseback Transaction) shall implement and abide by the terms of the Casino Management Agreement that may materially affect the interest of Landlord under this Lease. The Casino Management Agreement shall not be amended in a manner which materially and adversely affects the interest of Landlord under this Lease without Landlord's and the City Council's prior written consent, which consent shall not be unreasonably withheld, Financially Conditioned or delayed. A copy of the Existing Casino Management Agreement is attached as Exhibit "H" to this Lease and made a part hereof. Any proposed amendment to the Casino Management Agreement shall be delivered to Landlord and the City Council for review and consent if required. If Landlord's interest is viewed as being materially and adversely affected by the amendment, written notice shall be given to either Tenant (prior to the consummation of the VICI Sale-Leaseback Transaction) or Casino Subtenant (following the consummation of the VICI Sale-Leaseback Transaction) within ten (10) Business Days of receipt of the proposed amendment by Landlord and the City Council. (b) All persons employed at the Development shall be employees of either Tenant (prior to the consummation of the VICI Sale-Leaseback Transaction) or Casino Subtenant (following the consummation of the VICI Sale-Leaseback Transaction) (except for certain Management Employees (as defined in the Property Management Agreement), persons employed at the premises of Space Tenants and personnel that are engaged in enterprise-level work and not necessary to the specific operations of the Development). All persons employed by either Tenant (prior to the consummation of the VICI Sale-Leaseback Transaction) or Casino Subtenant (following the consummation of the VICI Sale-Leaseback Transaction) and the Casino Manager/Operator, in the aggregate, shall be subject to the provisions of Section 5.1 and Section 5.2 herein, as applicable. To the extent either Tenant (prior to the consummation of the VICI Sale-Leaseback Transaction) or Casino Subtenant (following the consummation of the VICI Sale-Leaseback Transaction) or the Casino Manager/Operator contracts for off premises services with any Affiliate (for example accounting, financia...
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Casino Management Agreement. (BY AND BETWEEN CCAL & CCA) & HOTEL ------------------------------------------------------------------------- MANAGEMENT AGREEMENT (BY AND BETWEEN CCAL & FKH) --------------------------------------------------- ("THE MANAGEMENT AGREEMENTS") ----------------------------- a. Amendment shall be made to the management agreements such that any and all fees identified therein shall be deemed to have been not due or payable (and therefore shall be deemed to equal 1 'zero') from the inception date of those agreements and shall remain so until no earlier than Jan 1, 2002, whereafter each of CCA (in respect of the Casino Management Agreement) and FKH (in respect of the Hotel Management Agreement) shall, commencing with respect to the financial year beginning January 1, 2002, have the right to declare the fees calculable and payable for their respective management agreements by written notification to the other parties to this agreement which notice shall, i. state from which date (the "declaration date") the respective fees shall become calculable and payable; and ii. not be given earlier than the first day of the financial year within which the declaration date falls; and iii. not be given later than 30 days after the end of the financial year within which the declaration date falls.
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Casino Management Agreement. Enter into any amendment or modification of the Management Agreement without fifteen (15) days prior written notification to the Bank, accompanied by a true and correct copy of the proposed amendment.
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Casino Management Agreement. 5.1 .1 Century SA will be awarded and will sign the casino management agreement on the following terms and conditions: Period: For duration of the licence initially 10 years with a guaranteed option to renew for further ten year periods Fees: 1. 4% of gaming revenue (after VAT, but before all other taxes) up to R40 million per year, plus 2. 5% of gaming revenue (after VAT, but before all other taxes) above R40 million per year, plus 3.
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Casino Management Agreement. 11 1.15. Casino Manager/Operator............................................................................11 1.16.
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Casino Management Agreement. (a) As additional consideration for the right to lease the Leased Premises and the Improvements existing at the Execution Date, Tenant shall implement and abide by the terms of the Casino Management Agreement that may materially affect the interest of Landlord under this Lease. The Casino Management Agreement shall not be amended in a manner which materially and adversely affects the interest of Landlord under this Lease without Landlord's and the City Council's prior written consent, which consent shall not be unreasonably withheld, financially conditioned or delayed. A copy of the final terms and conditions of the Casino Management Agreement, which has been reviewed by the City Council in substantially the same form as the final agreement, is attached as Exhibit "H" to this Lease and made a part hereof. Any proposed amendment to the Casino Management Agreement, shall be delivered to Landlord and the City Council for review and consent if required. If Landlord's interest is viewed as being materially and adversely affected by the amendment, written notice shall be given to Tenant within ten (10) Business Days of receipt of the proposed amendment by Landlord and the City Council. (b) All persons employed at the Development shall be employees of Tenant or JCC Development (except for certain Key Casino Personnel (as defined in the Casino Management Agreement) to be employed by the Casino Manager/Operator). All persons employed by Tenant and JCC Development, and the Key Casino Personnel, in the aggregate, shall be subject to the provisions of the Open Access Program and Open Access Plans. To the degree permitted by law and contract, Tenant and JCC Development in their hiring directed toward opening of the Casino and as practicable thereafter will give a priority to consideration of the former employees of the temporary casino operated by Xxxxxx'x Jazz Company in 1994 at the Xxxxxx F.
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Casino Management Agreement. Subject to this chapter, a casino licensee or a lessee under a casino lease may, subject to the prior approval of the Commission, enter into a casino management agreement with another person for the management by that other person of:
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Related to Casino Management Agreement

  • Property Management Agreement The Property Management Agreement is in full force and effect and, to Borrower's Knowledge, there are no defaults thereunder by any party thereto and no event has occurred that, with the passage of time and/or the giving of notice would constitute a default thereunder.

  • MANAGEMENT AGREEMENT AND FRANCHISE AGREEMENT (a) At or prior to the Closing, Seller shall terminate the Existing Management Agreement and the Existing Franchise Agreement, and Seller shall be solely responsible for all claims and liabilities arising thereunder on, prior to or following the Closing Date, except termination or similar fees, which shall be paid by Buyer. Seller shall be responsible for paying all costs related to the termination of the Existing Management Agreement and Buyer shall be responsible for paying all reasonable and actual costs of the Franchisor related to the assignment or termination, as applicable, of the Existing Franchise Agreement. (b) At Closing, Buyer shall enter into the New Management Agreement in the form attached as Exhibit E and the New Franchise Agreement, effective as of the Closing Date, containing terms and conditions acceptable to Buyer (including, without limitation, such terms and conditions as may be required to accommodate Buyer’s and/or Buyer’s Affiliates’ REIT structure). (c) Seller shall use best efforts to promptly provide all information required by the Franchisor in connection with the New Franchise Agreement. Prior to the expiration of the Review Period, Buyer and Franchisor shall agree on the form and substance of the New Franchise Agreement. Except as otherwise provided in this Contract, the New Franchise Agreement shall contain such terms and conditions as are acceptable to Buyer in its sole and absolute discretion.

  • Management Agreement The Management Agreement is in full force and effect and there is no default thereunder by any party thereto and no event has occurred that, with the passage of time and/or the giving of notice would constitute a default thereunder.

  • AGREEMENT MANAGEMENT Pinellas Community Foundation designates the following person(s) as the liaison for the Xxxxxx Xxxxxx, CEO Pinellas Community Foundation

  • FRAMEWORK AGREEMENT MANAGEMENT The Parties shall manage this Framework Agreement in accordance with Schedule 14 (Framework Management).

  • Assignment of Management Agreement As additional collateral security for the Loan, Borrower conditionally transfers, sets over, and assigns to Lender all of Borrower’s right, title and interest in and to the Management Agreement and all extensions and renewals. This transfer and assignment will automatically become a present, unconditional assignment, at Lender’s option, upon a default by Borrower under the Note, the Loan Agreement, the Security Instrument or any of the other Loan Documents (each, an “Event of Default”), and the failure of Borrower to cure such Event of Default within any applicable grace period.

  • Services Agreement “Services Agreement” shall mean any present or future agreements, either written or oral, between Covered Entity and Business Associate under which Business Associate provides services to Covered Entity which involve the use or disclosure of Protected Health Information. The Services Agreement is amended by and incorporates the terms of this BA Agreement.

  • Termination of Management Agreement Evidence of the termination of any and all management agreements affecting the Property, effective as of the Closing Date, and duly executed by Seller and the property manager.

  • Management Services Agreement The term "Management Services ----------------------------- Agreement" shall mean this Management Services Agreement by and between Practice and Business Manager and any amendments hereto.

  • Existing Management and Franchise Agreements Seller has furnished to Buyer true and complete copies of the Existing Management Agreement and the Existing Franchise Agreement, which constitutes the entire agreement of the parties thereto with respect to the subject matter thereof and which have not been amended or supplemented in any respect. There are no other management agreements, franchise agreements, license agreements or similar agreements for the operation or management of the Hotel or relating to the Brand, to which Seller is a party or which are binding upon the Property, except for the Existing Management Agreement and the Existing Franchise Agreement. The Improvements comply with, and the Hotel is being operated in accordance with, all requirements of such Existing Management Agreement and the Existing Franchise Agreement and all other requirements of the Existing Manager and the Franchisor, including all “brand standard” requirements of the Existing Manager and the Franchisor. The Existing Management Agreement and the Existing Franchise Agreement are in full force and effect, and shall remain in full force and effect until the termination of the Existing Management Agreement and the Existing Franchise Agreement at Closing, as provided in Article V hereof. No default has occurred and is continuing under the Existing Management Agreement or the Existing Franchise Agreement, and no circumstances exist which, with the giving of notice, the lapse of time or both, would constitute such a default.

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