Resort Business definition

Resort Business means, collectively, (a) any Gaming, lodging, skiing, golf, hunting, recreational, retail, food and beverage and other resort businesses or commercial activities operated by the Company and the Guarantors, (b) any business or commercial activities which are reasonably related to, a reasonable expansion, extension or development of, or ancillary to, the activities described in clause (a), including, but not limited to, any other hotel, entertainment, recreation or other activity or business designed to promote, market, support, develop, construct or enhance the activities described in clause (a), whether owned or operated by the Company, a Restricted Subsidiary, the Tribe or any Affiliate of the foregoing; provided, however, that Resort Business shall not include any Excluded Business.
View Source
Resort Business means the Gaming, lodging, skiing, golf, hunting, recreational, retail, food and beverage and other resort businesses or activities that are reasonably related to or a reasonable expansion, extension or development of the business operated or to be operated by the Issuer and the Guarantors during the term of the Notes or ancillary thereto, including but not limited to any other hotel, entertainment, recreation or other activity or business designed to promote, market, support, develop, construct or enhance the Gaming and resort businesses operated by the Issuer or the Guarantors.
View Source
Resort Business has the meaning ascribed thereto in the Indenture.
View Source

Examples of Resort Business in a sentence

  • Pending the Closing, Ski Holdings agrees not to transfer, sell, assign or convey any of the stock of Targhee Corp owned by Ski Holdings and shall cause Targhee Corp and its Subsidiaries not to transfer, sell, assign or convey any of the Purchased Assets, except in the ordinary course of the Resort Business or as contemplated hereunder.

  • The Company and the Guarantors shall not, and shall not permit any of their respective Restricted Subsidiaries to, engage in any business other than the Resort Business.

  • Except as herein provided, the terms and conditions of the Option To Purchase All Assets of Gold Ranch RV Resort Business are hereby ratified, approved and confirmed.

  • The Parties will divide the businesses of the Corporation operated through its subsidiaries, in accordance with this Agreement, so that Resorts, which operates the Resort Business, will be owned by Charlie and the Homebuilding Business will continue in the Corporation which will be owned by the Homebuilding Group, and so that neither Group, after such split-off, will have any interest in the business owned by the other Group except as set forth in this Agreement.

  • All Assets of Gold Ranch RV Resort Business and Right of First Refusal.

  • The Owner may only sell the Gold Ranch RV Resort business subject to the Option To Purchase the Assets of the Gold Ranch RV Resort Business and Right of First Refusal, Exhibit 1.

  • The Issuer and the Guarantors shall not, and shall not permit any of their respective Restricted Subsidiaries to, engage in any business other than the Resort Business.

  • Hospitality & Resort Business Royal Roads University B.A. (International Hotel Management) Acceptance into third year.

  • The Issuer's Management Board may designate any Restricted Subsidiary (other than a Principal Guarantor) to be an Unrestricted Subsidiary if such designation would not cause a Default or an Event of Default; PROVIDED that in no event shall (i) any entity engaged in a Resort Business be transferred to or held by an Unrestricted Subsidiary or (ii) any Key Project Assets or Gaming Licenses be transferred to an Unrestricted Subsidiary.

  • Up to 60 credits Individual assessment required ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ University - Open Learning B.G.S. Up to 60 credits Individual assessment ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ University - Open Learning B.A. Up to 30 credits Individual assessment Hospitality & Resort Business Royal Roads University B.A. (International Hotel Management) Acceptance into third year.