Casino Property definition
Examples of Casino Property in a sentence
There are no Legal Proceedings by any Governmental Entity with respect to ACE Lo, the Casino Business or the Casino Property that are pending, or to the knowledge of the ACE Selling Parties, threatened, which may result in the revocation, cancellation, termination or suspension, or any adverse modification of any Permits.
No Lien other than those relating to GB Claims shall have attached to ACE Lo’s interest in the Casino Property, ACE Hi’s interest in the ACE Lo Equity Interests, Boardwalk’s interest in the Traymore Site or AREH’s interest in the Boardwalk Equity Interests; provided that this condition shall be deemed to be satisfied with respect to any Lien that has been bonded or discharged or that constitutes a Permitted Encumbrance.
Except as set forth in Exhibit 5, Landlord represents and warrants to Last Chance that each of the following representations and warranties are true and correct as of the date hereof and, except as otherwise expressly provided herein, will be true and correct at the Closing and on and closing following a purchase by Last Chance under the Option to Purchase the Gold Ranch Casino Property.
By way of example, a full-time Stay-Put Casino Employee that has been employed at the Casino Property for three (3) full years as of the date of termination shall be paid (i) two (2) weeks salary pursuant to Section 9.28(a) hereof, plus (ii) one (1) week salary pursuant to Section 9.28(b) hereof and plus (iii) an additional one (1) week salary pursuant to this Section 9.28(c).
In the event of a loss Last Chance may, if it is entitled to do so under the terms of the Option To Purchase the Gold Ranch Casino Property, exercise its option to purchase or, if appropriate, its right of first refusal, subsequent to the loss.