Operating Competitive Set definition

Operating Competitive Set means the sets of casino/hotel properties (expressly excluding any properties owned, operating or licensed by ▇▇▇▇▇▇▇▇ Family Entities) which are identified and agreed by the Parties as competing directly in the marketplace with the Managed Properties. For purposes of this definition and all covenants related thereto, the definition of Managed Properties shall exclude the Taverns. A list of the initial Operating Competitive Set appears on Schedule “1B”.
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Operating Competitive Set means the casino/hotel property(ies) (expressly excluding any properties owned, operating or licensed by ▇▇▇▇▇▇▇▇ Family Entities) which are identified
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Examples of Operating Competitive Set in a sentence

  • The removal of any property from the Performance Competitive Set and/or a change to the Comparable Manager Properties and/or the Operating Competitive Set that are agreed upon by the Parties or are otherwise determined by an Industry Consultant shall be deemed effective as of the date of notice requesting such change or, with respect to the addition of any property to the Performance Competitive Set, as soon as Competitor EBITDA is publicly available.

  • A change to the Comparable Manager Properties and/or the Operating Competitive Set that is agreed upon by the Parties or is otherwise determined by an Industry Consultant shall be deemed effective as of the date of notice requesting such change.

  • All Disputes relating to any of the (i) Operating Competitive Set; (ii) Comparable Manager Properties; (iii) Variable Expenses or those matters expressly reserved under Section 8.3(b) for resolution hereunder; and/or (iv) the Credit Policy shall be resolved according to this Section 17.16(c).