Common use of Accepted Proposal Clause in Contracts

Accepted Proposal. 10.1 The Lessee shall be bound by the Accepted Proposal in all respects and shall not amend, modify, or vary the Accepted Proposal in any respect without the prior written approval of the Lessor and where applicable, the approvals of the Competent Authorities. 10.2 Subject to Clause 10.3, the Lessor shall approve the Lessee’s proposed amendment, modification or variation of the Accepted Proposal if all the following conditions are met: (i) the proposed amendment, modification or variation of the Accepted Proposal will result in the development on the Land continuing to be, in the sole determination of the Lessor (which shall be final and conclusive), an Integrated Resort as defined in this Agreement; (ii) the proposed amendment, modification or variation of the Accepted Proposal will not reduce the tourism appeal of the Integrated Resort, in the sole determination of the Lessor (which shall be final and conclusive); and (iii) the proposed amendment, modification or variation of the Accepted Proposal will not result in an increase in the GFA of the Integrated Resort over and above the Permissible GFA. 10.3 The Lessor shall have the absolute discretion to disapprove the Lessee’s proposed amendment, modification or variation of the Accepted Proposal if all or any of the following conditions are met: (i) the proposed amendment, modification or variation of the Accepted Proposal will result in the development on the Land being no longer, in the sole determination of the Lessor (which shall be final and conclusive), an Integrated Resort as defined in this Agreement; (ii) the proposed amendment, modification or variation of the Accepted Proposal will reduce the tourism appeal of the Integrated Resort, in the sole determination of the Lessor (which shall be final and conclusive); or (iii) the proposed amendment, modification or variation of the Accepted Proposal will result in an increase in the GFA of the Integrated Resort over and above the Permissible GFA. STB Sands 10.4 The Lessor’s approval, if granted under Clause 10.2, may be subject to such terms and conditions, which may include the payment by the Lessee of such charges and fees, as may be determined by the Lessor. 10.5 After the approval of the Lessor has been granted, the Lessee shall also obtain the approvals of all Competent Authorities which are required to be obtained for the proposed amendment, modification or variation of the Accepted Proposal. If and when the approval of any Competent Authority is granted, the Lessee shall comply with such terms and conditions as may be imposed by the Competent Authority and shall also submit a copy of such approval to the Lessor for its information. 10.6 In addition to the above, the Lessee shall not, at any time during the Lease Term without the prior written approval of the Lessor and where applicable, the Competent Authorities: (i) make any change or revision to the Key Attractions whether in the type of use(s) or the operator(s) or in any manner which in the reasonable opinion of the Lessor will constitute a deviation from the Accepted Proposal; or (ii) make any change or revision to the Accepted Proposal for the part of the IR at the Bayfront Promontory if such change or revision may result in a change of the type of use(s) or the operator(s) of such part of the IR or of any attraction thereon or the facilities therein. The Lessor’s approval may be granted upon such terms and conditions as the Lessor may in its absolute discretion think fit and subject to the payment of such charges and fees as the Lessor may impose.

Accepted Proposal. 10.1 1.9.1 The Lessee shall be bound by the Accepted Proposal in all respects and shall not amend, modify, or vary the Accepted Proposal in any respect without the prior written approval of the Lessor and where applicable, the approvals of the Competent Authorities. 10.2 1.9.2 Subject to Clause 10.31.9.3, the Lessor shall approve the Lessee’s proposed amendment, modification or variation of the Accepted Proposal if all the following conditions are met: (i) the proposed amendment, modification or variation of the Accepted Proposal will result in the development on the Land continuing to be, in the sole determination of the Lessor (which shall be final and conclusive), an Integrated Resort as defined in this the Agreement; (ii) the proposed amendment, modification or variation of the Accepted Proposal will not reduce the tourism appeal of the Integrated Resort, in the sole determination of the Lessor (which shall be final and conclusive); and (iii) the proposed amendment, modification or variation of the Accepted Proposal will not result in an increase in the GFA of the Integrated Resort over and above the Permissible GFA.. STB Sands 10.3 1.9.3 The Lessor shall have the absolute discretion to disapprove the Lessee’s proposed amendment, modification or variation of the Accepted Proposal if all or any of the following conditions are met: (i) the proposed amendment, modification or variation of the Accepted Proposal will result in the development on the Land being no longer, in the sole determination of the Lessor (which shall be final and conclusive), an Integrated Resort as defined in this the Agreement; (ii) the proposed amendment, modification or variation of the Accepted Proposal will reduce the tourism appeal of the Integrated Resort, in the sole determination of the Lessor (which shall be final and conclusive); or (iii) the proposed amendment, modification or variation of the Accepted Proposal will result in an increase in the GFA of the Integrated Resort over and above the Permissible GFA. STB Sands. 10.4 1.9.4 The Lessor’s approval, if approval granted under Clause 10.2, 1.9.2 may be subject to such terms and conditions, which may include the payment by the Lessee of such charges and fees, as may be determined by the Lessor. 10.5 1.9.5 After the approval of the Lessor has been granted, the Lessee shall also obtain the approvals of all Competent Authorities which are required to be obtained for the proposed amendment, modification or variation of the Accepted Proposal. If and when the approval of any Competent Authority is granted, the Lessee shall comply with such terms and conditions as may be imposed by the Competent Authority and shall also submit a copy of such approval to the Lessor for its information. 10.6 1.9.6 In addition to the above, the Lessee shall not, at any time during the Lease Term without the prior written approval of the Lessor and where applicable, the Competent Authorities: (i) make any change or revision to the Key Attractions whether in the type of use(s) or the operator(s) or in any manner which in the reasonable opinion of the Lessor will constitute a deviation from the Accepted Proposal; or (ii) make any change or revision to the Accepted Proposal for the part of the IR at the Bayfront Promontory if such change or revision may result in a change of the type of use(s) or the operator(s) of such part of the IR or of any attraction thereon or the facilities therein. The Lessor’s approval may be granted upon such terms and conditions as the Lessor may in its absolute discretion think fit and subject to the payment of such charges and fees as the Lessor may impose.

Accepted Proposal. 10.1 The Lessee shall be bound by the Accepted Proposal in all respects and shall not amend, modify, or vary the Accepted Proposal in any respect without the prior written approval of the Lessor and where applicable, the approvals of the Competent Authorities. 10.2 Subject to Clause 10.3, the Lessor shall approve the Lessee’s 's proposed amendment, modification or variation of the Accepted Proposal if all of the following conditions are met: (i) the proposed amendment, modification or variation of the Accepted Proposal will result in the development on the Land continuing to be, in the sole determination of the Lessor (which shall be final and conclusive), an Integrated Resort IR2 as defined in this Agreement; (ii) the proposed amendment, modification or variation of the Accepted Proposal will not reduce the tourism appeal of the Integrated ResortExpanded IR, in the sole determination of the Lessor (which shall be final and conclusive); and (iii) the proposed amendment, modification or variation of the Accepted Proposal will not result in an increase in the GFA of the Integrated Resort IR2 over and above the Permissible GFA. 10.3 The Lessor shall have the absolute discretion to disapprove the Lessee’s 's proposed amendment, modification or variation of the Accepted Proposal if all or any of the following conditions are met: (i) the proposed amendment, modification or variation of the Accepted Proposal will result in the development on the Land being no longer, in the sole determination of the Lessor (which shall be final and conclusive), an Integrated Resort IR2 as defined in this Agreement; (ii) the proposed amendment, modification or variation of the Accepted Proposal will reduce the tourism appeal of the Integrated ResortExpanded IR, in the sole determination of the Lessor (which shall be final and conclusive); or (iii) the proposed amendment, modification or variation of the Accepted Proposal will result in an increase in the GFA of the Integrated Resort IR2 over and above the Permissible GFA. STB SandsPROVIDED ALWAYS that if such amendment, modification or variation of the Accepted Proposal is necessitated by the Planning Parameters, the Lessor shall exercise its discretion reasonably. 10.4 The Lessor’s 's approval, if granted under Clause 10.2, may be subject to such terms and conditions, which may include the payment by the Lessee of such charges and fees, as may be determined by the Lessor. 10.5 After the approval of the Lessor has been granted, the Lessee shall also obtain the approvals of all Competent Authorities which are required to be obtained for the proposed amendment, modification or variation of the Accepted Proposal. If and when the approval of any Competent Authority is granted, the Lessee shall comply with such terms and conditions as may be imposed by the Competent Authority and shall also submit a copy of such approval to the Lessor for its information. 10.6 In addition to the above, the Lessee shall not, at any time during the Lease Term without the prior written approval of the Lessor and where applicable, the Competent Authorities: (i) Authorities make any change or revision to the Key Attractions whether in the type of use(s) or the operator(s) or in any manner which in the reasonable opinion of the Lessor will constitute a deviation from the Accepted Proposal; or (ii) make any change or revision to the Accepted Proposal for the part of the IR at the Bayfront Promontory if such change or revision may result in a change of the type of use(s) or the operator(s) of such part of the IR or of any attraction thereon or the facilities therein. The Lessor’s 's approval may be granted upon such terms and conditions as the Lessor may in its absolute discretion think fit and subject to the payment of such charges and fees as the Lessor may impose.