Common use of Cross-Termination Clause in Contracts

Cross-Termination. The Parties acknowledge and agree that a termination of the Resort Hotel and Casino Management Agreement for any reason shall result in the immediate termination of this Agreement, without further action of the Parties, which termination shall be effective on, at and as of on the effective date of the termination of the Resort Hotel and Casino Management Agreement.

Appears in 2 contracts

Samples: Retail Management Agreement, Retail Management Agreement (CityCenter Holdings, LLC)

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Cross-Termination. The Parties acknowledge and agree that a termination of the Resort Hotel and Casino Management Agreement for any reason shall result in the immediate termination of this Agreement and the Crystals Retail Management Agreement, without further action of the Parties, which termination shall be effective on, at and as of on the effective date of the termination of the Resort Hotel and Casino Management Agreement.

Appears in 2 contracts

Samples: Operations Management Agreement, Operations Management Agreement (CityCenter Holdings, LLC)

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Cross-Termination. The Parties acknowledge and agree that a termination of the Resort Hotel and Casino Management this Agreement for any reason shall result in the immediate termination of this the Vdara Condo-Hotel Management Agreement and the Crystals Retail Management Agreement, without further action of the Parties, which termination shall be effective on, at and as of on the effective date of the termination of the Resort Hotel and Casino Management this Agreement.

Appears in 1 contract

Samples: Casino and Hotel Assets Management Agreement (CityCenter Holdings, LLC)

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