Management and Lease Support Agreement Term SheetManagement and Lease Support Agreement • October 4th, 2016
Contract Type FiledOctober 4th, 2016CEC: Caesars Entertainment Corporation, a Delaware corporation Manager: A wholly-owned subsidiary of CEC, as manager of the Facilities under the MLSA2 Landlord: [Propco] collectively together with its subsidiaries that own the Facilities (as defined in the Leases), as landlord under the Leases, as more particularly described in the “Lease Term Sheet” Tenant: [Opco/CEOC] collectively together with certain of its subsidiaries, as joint and several tenants under the Leases, as more particularly described in the “Lease Term Sheet”. If CEOC is not a joint and several tenant, CEOC shall deliver a full and unconditional guaranty of payment and performance of all of the Tenant’s obligations under the Leases.