Common use of Failure to Satisfy 2020 Cap Ex Conditions and Tenant Compliance Conditions Clause in Contracts

Failure to Satisfy 2020 Cap Ex Conditions and Tenant Compliance Conditions. (i)Any failure to satisfy any of the Tenant Compliance Conditions during the Compliance Period is referred to herein as a “Tenant Non Compliance Trigger Event” and any failure to satisfy any of the 2020 Cap Ex Conditions as of January 1, 2021 is referred to herein as a “Cap Ex Trigger Event.”

Appears in 2 contracts

Samples: Consent and Ratification (Vici Properties Inc.), Caesars Entertainment, Inc.

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Failure to Satisfy 2020 Cap Ex Conditions and Tenant Compliance Conditions. (i)Any i) Any failure to satisfy any of the Tenant Compliance Conditions during the Compliance Period is referred to herein as a “Tenant Non Compliance Trigger Event” and any failure to satisfy any of the 2020 Cap Ex Conditions as of January 1, 2021 is referred to herein as a “Cap Ex Trigger Event.”

Appears in 2 contracts

Samples: Vici Properties Inc., CAESARS ENTERTAINMENT Corp

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