Lake Xxxxxxx Project Entitlements Sample Clauses

Lake Xxxxxxx Project Entitlements. (a) Except for permits, licenses and entitlements the failure to obtain and keep in effect could not reasonably be expected to delay the Lake Xxxxxxx Opening beyond the Lake Xxxxxxx Opening Date, all permits, licenses and entitlements necessary and otherwise required to be in place on the Closing Date to (i) cause the Lake Xxxxxxx Opening to occur not later than the Lake Xxxxxxx Opening Date, and (ii) to cause the completion of the Lake Xxxxxxx Project to occur not later than the Lake Xxxxxxx Completion Date, have been obtained and remain effective (except to the extent such permits, licenses and entitlements are no longer required or necessary to be maintained to complete the Lake Xxxxxxx Project). (b) The Lake Xxxxxxx Opening is scheduled to occur on or before the Lake Xxxxxxx Opening Date. The development and construction of the Lake Xxxxxxx Project is scheduled to be completed in accordance with the Construction Timetable and the Lake Xxxxxxx Expenses are expected to be within the parameters of the Construction Budget.
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Lake Xxxxxxx Project Entitlements. (a) Except as set forth on Schedule 4.22, as of the Closing Date the Borrower and its Restricted Subsidiaries have obtained all material required permits, licenses and entitlements which are necessary or reasonably desirable for the design, development, and construction of the Lake Xxxxxxx Project, and the conduct of gaming operations at the Lake Xxxxxxx Project, and such permits, licenses and entitlements remain effective. (b) As of the commencement of construction of the Lake Xxxxxxx Project, Borrower and Lake Xxxxxxx have obtained the Lake Xxxxxxx Lease, the Cooperative Agreement, and each of the other material permits, licenses and entitlements which are necessary for the commencement of the construction of the Lake Xxxxxxx Project, including without limitation each of the items described on Schedule 4.22, provided that the Borrower and Lake Xxxxxxx xxx construct the temporary road to the site of the Lake Xxxxxxx Project.

Related to Lake Xxxxxxx Project Entitlements

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