Common use of Certain Expenditures Clause in Contracts

Certain Expenditures. The amount of out-of-pocket expenditures made or incurred by Seller or the Company in purchasing any portion of the real property subject to a Lease, provided that Buyer reasonably approves and reasonably consents to the purchase and any related expenditures in writing, provided, however, that, notwithstanding any other provision of this Agreement, neither Seller nor the Company shall be obligated to make or incur any such expenditures.

Appears in 1 contract

Sources: Asset Purchase Agreement (Penn National Gaming Inc)

Certain Expenditures. The amount of out-out- -------------------- of-pocket expenditures made or incurred by Seller or the Company in purchasing any portion of the real property subject to a Lease, provided that Buyer reasonably approves and reasonably consents to the purchase and any related expenditures in writing, provided, however, that, notwithstanding any other -------- ------- provision of this Agreement, neither Seller nor the Company shall be obligated to make or incur any such expenditures.

Appears in 1 contract

Sources: Asset Purchase Agreement (Hollywood Park Inc/New/)