Non-CPLV Lease Amendment. Either (i) in the event the Closing occurs substantially concurrently with the Merger Closing, the Non-CPLV Lease Amendment, executed and delivered by OpCo (as one of the entities comprising Non-CPLV Lease Tenant), as it pertains to the Property or (ii) in the event the Closing does not occur substantially concurrently with the Merger Closing but does occur subsequently thereto, such amendments, reaffirmations and/or other instruments that are necessary (x) to incorporate the Property into the Amended Non-CPLV Lease as an individual “Facility” thereunder on the terms set forth on Exhibit A attached to the Master Transaction Agreement and (y) to affirm that the guarantor under the Non-CPLV Lease Guaranty guarantees the obligations of the Non-CPLV Lease Tenant under the Amended Non-CPLV Lease with respect to the Property, in all instances in form and substance reasonably acceptable to Buyer, Eldorado and the parties thereto.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Eldorado Resorts, Inc.), Purchase and Sale Agreement (Vici Properties Inc.)
Non-CPLV Lease Amendment. Either (i) in the event the Closing occurs substantially concurrently with the Merger Closing, the Non-CPLV Lease Amendment, executed and delivered by OpCo Buyer (as one of the entities comprising Non-CPLV Lease TenantLandlord), as it pertains to the Property or (ii) in the event the Closing does not occur substantially concurrently with the Merger Closing but does occur subsequently thereto, such amendments, reaffirmations and/or other instruments that are necessary (x) to incorporate the Property into the Amended Non-CPLV Lease as an individual “Facility” thereunder on the terms set forth on Exhibit A attached to the Master Transaction Agreement and (y) to affirm that the guarantor under the Non-CPLV Lease Guaranty guarantees the obligations of the Non-CPLV Lease Tenant under the Amended Non-CPLV Lease with respect to the Property, in all instances in form and substance reasonably acceptable to Buyer, Eldorado and the parties thereto.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Vici Properties Inc.), Purchase and Sale Agreement (Eldorado Resorts, Inc.)
Non-CPLV Lease Amendment. Either (i) in the event the Closing occurs substantially concurrently with the Merger Closing, the Non-CPLV Lease Amendment, executed and delivered by OpCo Seller (as one of the entities comprising Non-CPLV Lease Tenant), as it pertains to the Property or (ii) in the event the Closing does not occur substantially concurrently with the Merger Closing but does occur subsequently thereto, such amendments, reaffirmations and/or other instruments that are necessary (x) to incorporate the Property into the Amended Non-CPLV Lease as an individual “Facility” thereunder on the terms set forth on Exhibit A attached to the Master Transaction Agreement and (y) to affirm that the guarantor under the Non-CPLV Lease Guaranty guarantees the obligations of the Non-CPLV Lease Tenant under the Amended Non-CPLV Lease with respect to the Property, in all instances in form and substance reasonably acceptable to Buyer, Eldorado and the parties thereto.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Eldorado Resorts, Inc.)
Non-CPLV Lease Amendment. Either (i) in the event the Closing occurs substantially concurrently with the Merger Closing, the Non-CPLV Lease Amendment, executed and delivered by OpCo New Property Owner (as one of the entities comprising Non-CPLV Lease TenantLandlord), as it pertains to the Property or (ii) in the event the Closing does not occur substantially concurrently with the Merger Closing but does occur subsequently thereto, such amendments, reaffirmations and/or other instruments that are necessary (x) to incorporate the Property into the Amended Non-CPLV Lease as an individual “Facility” thereunder on the terms set forth on Exhibit A attached to the Master Transaction Agreement and (y) to affirm that the guarantor under the Non-CPLV Lease Guaranty guarantees the obligations of the Non-CPLV Lease Tenant under the Amended Non-CPLV Lease with respect to the Property, in all instances in form and substance reasonably acceptable to Buyer, Eldorado and the parties thereto.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Eldorado Resorts, Inc.)