GNOG LLC definition

GNOG LLC means Golden Nugget Online Gaming, LLC, a New Jersey limited liability company.
GNOG LLC has the meaning set forth in the Recitals.
GNOG LLC has the meaning specified therefor in Section 6.6(b) of this Agreement.

Examples of GNOG LLC in a sentence

  • The office lease may be terminated by GNOG LLC or the landlord upon six months’ notice.

  • Under the A&R Online Gaming Operations Agreement, GNOG LLC is responsible for managing, administering and operating its online gaming business and providing services to GNAC in connection with the management and administration of certain platform agreements and GNAC is required to provide certain operational and infrastructure services to GNOG LLC in connection with its New Jersey operations.

  • In connection with the DraftKings Merger, GNOG LLC, Golden Nugget and GNLV, LLC agreed to amend the Trademark License Agreement pursuant to terms agreed to in the DraftKings Merger Agreement, including, among other things, to (i) extend the term of the Trademark License Agreement from twenty years to fifty years from the closing of the DraftKings Merger and (ii) eliminate the Exclusive Area Adjustment described above.

  • The A&R Online Gaming Operations Agreement has a term of five years commencing from April 2020 and is renewable by GNOG LLC for an additional five-year term.

  • The office lease provides for annual rent payments of $24,252 for the office space leased in Atlantic City, New Jersey, subject to an increase of 10% for any renewal term and market rent increases in the event that GNOG LLC requires the use of additional office space during the term thereof.

  • In addition to the royalty payable pursuant to the Trademark License Agreement, under the A&R Online Gaming Operations Agreement GNOG LLC is also obligated to reimburse GNAC for certain expenses incurred by GNAC in connection with the New Jersey online gaming business, such as New Jersey licensing costs, regulatory fees, certain gaming taxes and other expenses incurred by GNAC directly in connection with GNOG LLC’s operations in New Jersey.

  • However, any amounts actually paid by GNOG LLC under the Trademark License Agreement and the A&R Online Gaming Operations Agreement will be credited against GNOG LLC’s rent obligations under the office Lease.

  • The A&R Online Gaming Operations Agreement, as modified by the Commercial Agreement (as defined in the DraftKings Merger Agreement) and certain other changes thereto agreed upon by GNAC and GNOG LLC, is expected to remain in effect following the completion of the DraftKings Merger.

  • In connection with any renewal of the term of the A&R Online Gaming Operations Agreement, GNOG LLC has an option to renew the office lease for the lesser of (i) five years or (ii) the length of the renewed term of the A&R Online Gaming Operations Agreement.

  • The A&R Online Gaming Operations Agreement also provides for, among other things, (a) minimum performance standards under which GNOG LLC is required to operate the “Golden Nugget”- branded online gaming business, and (b) an arm’s length risk allocation framework (including with respect to insurance and indemnification obligations).


More Definitions of GNOG LLC

GNOG LLC means Golden Nugget Online Gaming, LLC, a New Jersey limited liability company. “Golden Nugget” means Golden Nugget, LLC, a Nevada limited liability company, which is an indirectwholly-owned subsidiary of FEI.

Related to GNOG LLC

  • LLC means Limited Liability Company.

  • GP means Gottbetter & Partners, LLP.

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  • GP LLC means Plains All American GP LLC, a Delaware limited liability company.

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  • LP means the aggregate quantity of Lost Production during such Month (expressed in MWh) and

  • Sub-Manager Any Person with which the Property Manager or the Special Servicer has entered into a Sub-Management Agreement.

  • Asset Management is a principle/practice that includes planning processes, approaches, plans, or related documents that support an integrated lifecycle approach to the effective stewardship of infrastructure assets to maximize benefits and effectively manage risk.

  • Asset Management Company/UTI AMC/AMC/Investment Manager means the UTI Asset Management Company Limited incorporated under the Companies Act, 1956, (1 of 1956) [replaced by The Companies Act, 2013 (No.18 of 2013)] and approved as such by Securities and Exchange Board of India (SEBI) under sub-regulation (2) of Regulation 21 to act as the Investment Manager to the schemes of UTI Mutual Fund.

  • Delaware LLC means any limited liability company organized or formed under the laws of the State of Delaware.

  • General partnership means an organization formed under chapters 45-13 through 45-21.

  • Summit means the Summit of the Heads of State or Government of SADC established by Article 9 of this Treaty;

  • Managing Partner means Geodyne Production Company, a Delaware corporation, and any other Person admitted as additional or Substituted Managing Partner pursuant to Article Six of this Agreement.

  • PAA means Plains All American Pipeline, L.P., a Delaware limited partnership.

  • CGS means the Connecticut General Statutes.

  • General Partner means the Company or its successors as general partner of the Partnership.

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  • TRS means a taxable REIT subsidiary (as defined in Section 856(l) of the Code) of the General Partner.

  • EPFO means Employees' Provident Fund Organization

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  • Management Group means at any time, the Chairman of the board of directors, the Chief Executive Officer, the President, any Managing Director, Executive Vice President, Senior Vice President or Vice President, any Treasurer and any Secretary of Holdings or other executive officer of Holdings or any Subsidiary of Holdings at such time.

  • Asset Management Plan means a strategic document that states how a group of assets are to be managed over a period of time. The plan describes the characteristics and condition of infrastructure assets, the levels of service expected from them, planned actions to ensure the assets are providing the expected level of service, and financing strategies to implement the planned actions. The plan may use any appropriate format, as long as it includes the information and analysis required to be in a plan as described in Ontario’s Building Together: Guide for Asset Management Plans.