Casino Component Lease definition

Casino Component Lease shall have the meaning assigned to such term in the Mortgage Loan Agreement.
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Casino Component Lease means a lease substantially in the form attached hereto as Exhibit O, by and between Hotel/Casino Borrower, as lessor, and Gaming Borrower, as lessee, pursuant to which Hotel/Casino Borrower shall lease the Casino Component to Gaming Borrower for the operation of the Casino Component as a casino, which, provided no monetary Default or any Event of Default has occurred and is continuing, shall be entered into upon (i) Gaming Borrower’s receipt of all necessary approvals from the Gaming Authorities, (ii) the termination of the Gaming Sublease pursuant to the terms thereof, (iii) the surrender of any Gaming Licenses by the existing licensee under applicable Gaming Laws, if required, (iv) the issuance to Gaming Borrower of all Gaming Licenses necessary to operate the Casino Component as a casino, and (v) the effectiveness of such Gaming Licenses.
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Casino Component Lease means that certain Amended and Restated Casino Lease, dated as of June 15, 2012, by and between Hotel/Casino Borrower, as lessor and Gaming Operations Borrower as lessee, pursuant to which Hotel/Casino Borrower leases the Casino Component to Gaming Operations Borrower for the operation of the Casino Component as a casino, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time in accordance with the terms hereof.”
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Examples of Casino Component Lease in a sentence

  • Operating schedules embedded in Title 24 software are used for compliance analysis.

  • Borrowers shall cause Mortgage Borrowers to permit agents, representatives and employees of Lender to inspect the Properties or any part thereof at reasonable hours upon reasonable advance notice (which may be given verbally), subject to the rights of tenants under their Leases (other than the Casino Component Lease).

  • Borrowers shall permit agents, representatives and employees of Lender to inspect the Properties or any part thereof at reasonable hours upon reasonable advance notice (which may be given verbally), subject to the rights of tenants under their Leases (other than the Casino Component Lease).

  • During the development of a system, numerous models are created, which each corresponds to a con- cern or the point of view of a stakeholder.

  • Hotel/Casino Borrower shall cause the Hotel/Casino Property to be at all times open for business as a hotel and the Casino Component to be open at all times for business as a casino, other than as provided under the Casino Component Lease, pursuant to Legal Requirements, temporary closures as a result of Casualty or other events outside the reasonable control of Borrowers.

  • In furtherance of that right, Hotel/Casino Borrower and Gaming Operations Borrower shall promptly execute, acknowledge and deliver to Lender such instruments as may reasonably be required to permit Lender to so cure any default under the Casino Component Lease.

  • Hotel/Casino Borrower shall, or shall cause LVHR to, deliver irrevocable written instructions to the Gaming Operator to deliver all income and/or proceeds payable under the Gaming Management Agreement to LVHR directly to the Lockbox Account on account of the payments due from LVHR to Hotel/Casino Borrower under the Casino Component Lease.

  • Hotel/Casino Borrower shall deliver irrevocable written instructions to Gaming Operations Borrower to deliver (or cause to be delivered) all amounts payable under the Casino Component Lease directly to the Lockbox Account.

  • In furtherance of that right, Hotel/Casino Borrower shall promptly execute, acknowledge and deliver to Lender such instruments as may reasonably be required to permit Lender to so cure any default under the Casino Component Lease and/or the Gaming Management Agreement.

  • In furtherance of that right, Hotel/Casino Borrower shall promptly execute, acknowledge and deliver to Lender such instruments as may reasonably be required to permit Lender to so cure any default under the Casino Component Lease.


More Definitions of Casino Component Lease

Casino Component Lease means that certain Lease Agreement, dated as of the date hereof, between Fee Owner, as lessor, and OpBiz, as lessee, pursuant to which Fee Owner has leased the Casino Component to OpBiz upon and subject to the terms set forth therein, as the same may be amended, supplemented, replaced or otherwise modified from time to time in accordance with the provisions hereof.
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Casino Component Lease shall have the meaning set forth in the Recitals hereto.
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Related to Casino Component Lease

  • Existing Franchise Agreement means that certain franchise license agreement between the Seller and the Franchisor, granting to Seller a franchise to operate the Hotel under the Brand.

  • Operating Lease means, as applied to any Person, any lease (including, without limitation, leases which may be terminated by the lessee at any time) of any Property (whether real, personal or mixed) which is not a Capital Lease other than any such lease in which that Person is the lessor.

  • Redevelopment Agreement means an agreement between the

  • Equipment Lease means a Contract for the lease of Equipment or for the purchase of Equipment under a conditional sales or title retention agreement.

  • CMPPA Agreement means the CMPPA Agreement between the SSA and CHHS.

  • Franchise Agreement or “Agreement” shall mean this Agreement and any amendments or modifications hereto.

  • JV Agreement each partnership or limited liability company agreement (or similar agreement) between a North American Group Member or one of its Subsidiaries and the relevant JV Partner as the same may be amended, restated, supplemented or otherwise modified from time to time, in accordance with the terms hereof.

  • Development Site means any parcel or lot on which exists or which is intended for building development other than the following:

  • Equipment Leases has the meaning set forth in Section 2.1.9.

  • Development Agreements means all development, utility or similar agreements included in the Permitted Encumbrances.

  • New Franchise Agreement means the franchise license agreement to be entered into between Buyer and the Franchisor, granting to Buyer a franchise to operate the Hotel under the Brand on and after the Closing Date.

  • Development Agreement has the meaning set forth in the Recitals.

  • Property Management Agreement means that certain management agreement between the Company and the Property Manager with respect to the management of the Property.

  • Site Lease or “Lease” means the Site Lease of even date herewith, by and between the District and the Lessor together with any duly authorized and executed amendment thereto under which the District leases the Site to the Lessor.

  • Maintenance agreement means a document recorded in the land records that acts as a property deed restriction, and which provides for long-term maintenance of stormwater management practices.

  • Home improvement contract means an oral or written

  • Nationwide Mortgage Licensing System and Registry means a mortgage licensing system developed and maintained by the conference of state bank supervisors and the American association of residential mortgage regulators for the licensing and registration of licensed mortgage loan originators.

  • MCIP Agreement means the Agreement for the Development of a Joint County Industrial and Business Park (2010 Park) dated as of December 1, 2010, as amended, between the County and Xxxxxxxx County, South Carolina, as the same may be further amended or supplemented from time to time, or such other agreement as the County may enter with respect to the Project to offer the benefits of the Special Source Revenue Credits to the Company hereunder.

  • Stand Alone System Upgrade Facilities means System Upgrade Facilities that a Developer may construct without affecting day-to-day operations of the New York State Transmission System during their construction. NYISO, the Connecting Transmission Owner and the Developer must agree as to what constitutes Stand Alone System Upgrade Facilities and identify them in Appendix A to this Agreement.

  • Management Agreement means the agreement of the Directors in the form attached hereto as Schedule C. The Management Agreement shall be deemed incorporated into, and a part of, this Agreement.

  • Financing Lease any lease of property, real or personal, the obligations of the lessee in respect of which are required in accordance with GAAP to be capitalized on a balance sheet of the lessee.

  • RFP Project Documents means the following documents to be entered into in respect of the Project, by the parties to the respective agreements:

  • Site Host Load means the electric energy produced by or associated with the Facility that serves electrical loads (that are not Station Use) of Seller or one or more third parties conducted pursuant to California Public Utilities Code Section 218(b).

  • Redevelopment Contract means this redevelopment contract between the Authority and Redeveloper with respect to the Project.

  • The Works/Project means the works to be executed or done under this contract.

  • End User License Agreement means a license grant or end user license agreement governing software as further described in this Agreement or any applicable Appendix.