Binding Term SheetLegally Binding Agreement • July 12th, 2024 • Bally's Corp • Hotels & motels • Delaware
Set forth below are the terms of a legally binding agreement (this “Agreement”), dated as of July 11, 2024, by and between GLP Capital, L.P. (“GLP”) and Bally’s Corporation (“Bally’s” and, together with GLP, each a “Party” and, collectively, the “Parties”). As the context may require, references to GLP and Bally’s in this Agreement shall be deemed to refer to their respective affiliates and subsidiaries. This Agreement serves as a mutually agreed-upon set of terms between the Parties to be incorporated as soon as practicable after the date hereof in definitive documents and agreements (collectively, the “Definitive Documents”) setting forth the terms and conditions addressed herein in further detail, as well as such other terms and conditions as shall be customary and not inconsistent with the terms hereof.
