Post-Foreclosure Operation. Notwithstanding any other provisions of this Agreement, in the event of the acquisition of the Company’s interest herein by any Company Mortgagee Designee or any permitted purchaser at a Foreclosure Event, the operation of the Entertainment Center by or on behalf of any such acquirer of the Company’s interest herein under this Agreement shall be subject to the provisions and requirements of this Agreement and the Lease, and such act in accordance with the requirements of this Agreement.
Appears in 5 contracts
Samples: Economic Development Incentive Agreement, Reimbursement Agreement, Entertainment Center Development Agreement
Post-Foreclosure Operation. Notwithstanding any other provisions of this AgreementLease, in the event of the acquisition of the Company’s interest herein leasehold estate by any Company Mortgagee Designee or any permitted purchaser at a Foreclosure Event, the operation of the Entertainment Center by or on behalf of any such acquirer of the Company’s interest herein leasehold estate under this Agreement Lease shall be subject to the provisions and requirements of this Agreement Lease and the LeaseDevelopment Agreement, and such act in accordance with the requirements of this AgreementLease.
Appears in 2 contracts
Samples: Entertainment Center Lease Agreement, Entertainment Center Lease Agreement
Post-Foreclosure Operation. Notwithstanding any other provisions of this Agreement, in the event of the acquisition of the Company’s interest herein by any Company Mortgagee Designee or any permitted purchaser at a Foreclosure Event, the operation of the Entertainment Center by or on behalf of any such acquirer of the CompanyC ompany’s interest herein under this Agreement shall be subject to the provisions and requirements of this Agreement and the Lease, and such act in accordance with the requirements of this Agreement.
Appears in 1 contract
