EX-99.1 2 d229567dex991.htm EX-99.1 Execution Version SETTLEMENT AND FORBEARANCE AGREEMENTSettlement and Forbearance Agreement • May 5th, 2020 • New York
Contract Type FiledMay 5th, 2020 JurisdictionThis Settlement and Forbearance Agreement dated as of August 15, 2016 (as amended, supplemented, or otherwise modified from time to time, this “Agreement”), is among: (i) Caesars Entertainment Operating Company, Inc. (“CEOC”), on behalf of itself and each of the debtors in the Chapter 11 Cases and its other direct and indirect Subsidiaries (collectively, the “Company”); (ii) Caesars Entertainment Corporation (“CEC,” and together with the Company and CEC the “Caesars Parties”); and (iii) Frederick Barton Danner (“Danner”), a holder of CEOC’s 6.5% senior notes due 2016 and the plaintiff in Frederick Barton Danner v. Caesars Entertainment Corporation and Caesars Entertainment Operating Company, Inc., No. 14-cv-7973 (S.D.N.Y.) (the “Danner Lawsuit”). Danner and the Caesars Parties are each referred to as a “Party” and collectively referred to as the “Parties”. All capitalized terms not defined herein shall have the meanings ascribed to them in the June 28 CEOC Plan (as defined below).
SETTLEMENT AND FORBEARANCE AGREEMENTSettlement and Forbearance Agreement • August 17th, 2016 • CAESARS ENTERTAINMENT Corp • Hotels & motels • New York
Contract Type FiledAugust 17th, 2016 Company Industry JurisdictionThis Settlement and Forbearance Agreement dated as of August 15, 2016 (as amended, supplemented, or otherwise modified from time to time, this “Agreement”), is among: (i) Caesars Entertainment Operating Company, Inc. (“CEOC”), on behalf of itself and each of the debtors in the Chapter 11 Cases and its other direct and indirect Subsidiaries (collectively, the “Company”); (ii) Caesars Entertainment Corporation (“CEC,” and together with the Company and CEC the “Caesars Parties”); and (iii) Frederick Barton Danner (“Danner”), a holder of CEOC’s 6.5% senior notes due 2016 and the plaintiff in Frederick Barton Danner v. Caesars Entertainment Corporation and Caesars Entertainment Operating Company, Inc., No. 14-cv-7973 (S.D.N.Y.) (the “Danner Lawsuit”). Danner and the Caesars Parties are each referred to as a “Party” and collectively referred to as the “Parties”. All capitalized terms not defined herein shall have the meanings ascribed to them in the June 28 CEOC Plan (as defined below).