Casino Management Agreement definition

Casino Management Agreement means a written agreement approved by the Governor in Council under which the casino licensee or the lessee under a casino lease agrees with the other party to the agreement for the management by that other party of the hotel-casino complex or the casino, as the case may be.

Casino Management Agreement means the services and right to use agreement between Melco Crown Gaming (Macau) Limited, New Cotai Entertainment, LLC and New Cotai Entertainment (Macau) Limited dated 11 May 2007, as amended from time to time, and any agreements or arrangements related thereto.

Casino Management Agreement means that certain Casino Management Agreement among OpCo and Stockholder Representative, dated August 21, 2015.

Examples of Casino Management Agreement in a sentence

• Tenant agrees to diligently and efficiently operate the Development directly or through an approved Casino Manager/Operator in a manner generally consistent with the operation of first-class casinos and related amenities by leaders in the industry, and in compliance with this Lease, the Casino Operating Contract and the Casino Management Agreement.

• Notwithstanding the foregoing, Landlord and the City Council hereby approve the Existing Casino Management Agreement and all of its terms, including provisions for the payment of fees, reimbursements and other charges and amounts thereunder to the Casino Manager/Operator, and the continuation of CES and HNOMC as the Casino Manager/Operator.

• A copy of the Existing Casino Management Agreement is attached as Exhibit "H" to this Lease and made a part hereof.

• The management, operation and maintenance of the Infrastructure shall be governed by the Hotel and Casino Management Agreement.

• Borrower is not a party to any Management Agreement, Casino Management Agreement or Franchise/License Agreement as of the Closing Date.

More Definitions of Casino Management Agreement

Casino Management Agreement means a written agreement between one or more casino licensees and another casino licensee whereby the latter agrees to provide complete management of a casino in accordance with section 82 of the Act.

Casino Management Agreement means any lease or management agreement relating to the management and operation of the Casino Components that may be entered into by Borrower which is (a) either (i) a lease or management agreement with a Casino Operator, which lease or management agreement shall (A) have been entered into by Borrower and such Casino Operator on an arm’s length basis and otherwise on commercially reasonable terms and (B) contain economic terms and management fees comparable to existing local market rates, or (ii) a lease or management agreement with a Casino Operator, which lease or management agreement shall be reasonably acceptable to Lender in form and substance, provided, with respect to this subclause (ii), following a rated Securitization, Lender, at its option, may require that Borrower shall have obtained a Rating Agency Confirmation with respect to such lease or management agreement and (b) together with an assignment of casino management agreement and subordination of management fees pursuant to a subordination and non-disturbance agreement substantially in form and substance reasonably acceptable to Lender, provided, that in the event such Manager is an Affiliated Manager (other than a manager that is affiliated with a nationally recognized brand), any replacement casino lease or management agreement shall include a subordination of management fees pursuant to a subordination and non-disturbance agreement in form and substance reasonably acceptable to Lender, as the same may be amended or modified from time to time in accordance with the terms and provisions of this Agreement.

Casino Management Agreement means the Existing Casino Management Agreement or any other agreement or contract for the operation and/or management of the Development and the related gaming operations that is entered into by either Tenant (prior to the consummation of the VICI Sale-Leaseback Transaction) or Casino Subtenant (following the consummation of the VICI Sale-Leaseback Transaction), on the one hand, and Casino Manager/Operator, on the other hand, in accordance with Section 22.4 of this Lease.

Casino Management Agreement means the Amended and Restated Casino Management Agreement, dated as of April 8, 2010 among Seller, the Company and The Jay Daniel Company, LLC.

Casino Management Agreement means an agreement referred to in section 23;

Casino Management Agreement means that certain Second Amended and Restated Casino Management Agreement by and between Tenant and HNOMC of even date herewith pertaining to the management and/or operation of the Casino, a copy of which is attached to this Lease as Exhibit "H" and made a part hereof.

Casino Management Agreement means that certain Casino Management Agreement, dated October 28, 1993, as amended, by and among the Partnership, Mississippi Ventures, Inc. and RCC.