GOLDEN NUGGET letterhead]
Exhibit 10.23
[GOLDEN
NUGGET
letterhead]
XXXXXX XXXXXXXXX
Executive Vice President
Chief Financial Officer
February 10, 1999
Xx. Xxxxxxxx Xxxxxxx
Xxxxxxxxx Properties Trust
0000 Xxxxx Xxxxxxxx Xxxxxxx
Xxx Xxxxx, XX 00000
RE: |
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Lease Agreement – Xxxxxxxxx Properties Trust & |
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Golden Nugget, Inc. |
Dear Xx. Xxxxxxx:
Pursuant to paragraph 4.1 of that certain lease made and entered into the 1st day of May, 1976, by and between Xxxxxxxxx Properties Trust (“Landlord”), and GNLV, Corp. (“Tenant”), Tenant hereby gives notice of its intent to exercise the 25 year option which will extend the lease to and including April 30, 2025.
Please execute the enclosed copy of this letter and return to acknowledge our lease extension.
Sincerely,
/s/ Xxxxxx Xxxxxxxxx |
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Xxxxxx Xxxxxxxxx |
BK/ljd
XXXXXXXXX PROPERTIES TRUST
BY |
/s/ Xxxxxxxx Xxxxxxx |
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as Trustee |