Examples of NP Land in a sentence
Each of Millennium and Nevada Palace understands that the certificates, if any, evidencing the Preferred Units and the NP Land Units, as applicable, may bear the following legend (and any legend required by applicable state securities laws): “THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933 NOR REGISTERED NOR QUALIFIED UNDER ANY STATE SECURITIES LAWS.
In connection with the NP Land Contribution, Nevada Palace and NP Land shall enter into the Nevada Palace Fixed Rent Lease, which shall provide for the lease by NP Land, as landlord, to Nevada Palace, as tenant, of all of the Real Property owned by NP Land.
Each of Millennium and Nevada Palace acknowledges that an investment in the Preferred Units and the NP Land Units, as applicable, is a speculative investment which involves a substantial degree of risk of loss by it of its entire investment in the Company or NP Land, as applicable, and each of Millennium and Nevada Palace is financially able to bear the economic risk of such investment, including the total loss thereof.
Each of AcquisitionCo and LandCo is acquiring the Preferred Units and the NP Land Units, respectively, for investment purposes for its own account only and not with a view to or for sale in connection with any distribution of all or any part of such Preferred Units or NP Land Units.
Each of Millennium and Nevada Palace is acquiring the Preferred Units and the NP Land Units, as applicable, for investment purposes for its own account only and not with a view to or for sale in connection with any distribution of all or any part of such Preferred Units or NP Land Units.
By reason of its business or financial experience, or by reason of the business or financial experience of its financial advisor who is unaffiliated with and who is not compensated, directly or indirectly, by the Company or NP Land or any of their respective Affiliates, each of Millennium and Nevada Palace is capable of evaluating the risks and merits of an investment in the Preferred Units and the NP Land Units, as applicable, and of protecting its own interests in connection with such investments.
Xxxxxxx Title: Manager Title: Manager EXHIBIT A PREMISES LEGAL DESCRIPTION SECOND AMENDMENT TO LEASE AGREEMENT This Second Amendment to Lease Agreement is dated this 20th day of December, 2016 (“Amendment Date”), by NP Land, LLC, a Nevada limited liability company (“Lessor”) and Nevada Palace, LLC, a Nevada limited liability company (“Lessee”), and amends that certain Ground Lease Agreement dated September 22, 2006, as amended by that certain amendment dated June 21, 2007(as so amended, the “Lease”).
Each of Millennium and Nevada Palace acknowledges that the Tax consequences to it of investing in the Company and NP Land, as applicable, will depend on its particular circumstances, and it will look solely to, and rely upon, its own advisers with respect to the Tax consequences of its investment in the Preferred Units and the NP Land Units, as applicable.
Notwithstanding the foregoing, no Preferred Units or NP Land Units shall be transferred to an Indemnified Party that is not licensed by the relevant Gaming Authorities to hold such Preferred Units or NP Land Units.
The proceeds of the Loan shall be used by the Borrower exclusively to fund the NP Land Purchase and for no other purpose whatsoever.