During the Initial Term Sample Clauses

During the Initial Term. Tenant shall pay rent in the amount of Twelve Thousand Dollars ($12,000.00) per month during the first three Lease Years following the Commencement Date, Thirteen Thousand Dollars ($13,000.00) per month during the fourth Lease Year, and Fourteen Thousand Dollars ($14,000.00) per month during the fifth Lease Year of the Initial Term.

During the Initial Term. During the Initial Term, the Lessee shall have the right of Early Termination of the Lease after three (3) years from the Commencement Date of the Lease, provided that the Lessee is not in a status of Default (as defined in Section 17 below). To effectuate Early Termination during the Initial Term, the Lessee shall comply with the Notification of Termination requirements stated in Section 3.D above.

During the Initial Term. If OWNER terminates the contract for convenience prior to the ending date of the Initial Term, OWNER shall provide CONTRACTOR with at least six (6) months prior written notice of termination and OWNER shall pay CONTRACTOR a demobilization fee equal to % of the current base fee.

During the Initial Term. MP shall pay to AOL a guaranteed payment of Five Million Dollars (US $5,000,000) as follows: (i) Two Hundred Thousand Dollars (US $200,000) upon execution of this Agreement; (ii) Two Hundred Thousand Dollars (US $200,000) on January 15, 1998; (iii) Four Million Dollars (US $4,000,000) upon the occurrence of the earlier of (i) the receipt of funds by MP in a debt or equity financing (or series of related financings) consummated by MP after the Effective Date yielding aggregate proceeds to MP of at least Six Million Dollars (US $6,000,000) and (ii) March 1, 1998; (iv) Two Hundred Thousand Dollars (US $200,000) on April 1, 1998; (v) Two Hundred Thousand Dollars (US $200,000) on July 1, 1998 and (vi) Two Hundred Thousand Dollars (US $200,000) on October 1, 1998.

During the Initial Term. Tenant shall pay rent in the amount of Twelve Thousand Dollars per month during the first five Lease Years following the Commencement Date. 2. All other terms and conditions of the Lease shall remain in full force arid effect.

During the Initial Term. The Agreement may not be terminated for convenience prior to the start of the fourth year of the Agreement except for Unforeseen Circumstances. If OWNER terminates the contract for convenience prior toduring the ending datefourth or fifth year of the Initial TermAgreement, OWNER shall provide CONTRACTOR with at least six (6) months prior written notice of termination and OWNER shall pay CONTRACTOR a demobilization fee equal to %5% of the current base fee.

During the Initial Term. (a) Within sixty (60) days of written confirmation that Supplier has obtained all Section 1(c) approvals, a PO for a minimum of [*] units, in whatever mixture and configuration as elected by buyer in buyer’s sole and absolute discretion; and (b) For the first 18 months from the Effective Date, a minimum of [*] Dollars of Supplier Products shall be purchased within said period from the Supplier, in whatever mixture and configuration as elected by buyer in buyer’s sole and absolute discretion; and (c) For the next 12-month period after the first 18 months, an additional minimum of [*] Dollars of Supplier Products per annum shall be purchased from the Supplier, in whatever mixture and configuration as elected by buyer, in buyer’s sole and absolute discretion; and (d) For the next 12-month period after the first 30 months, an additional minimum of [*] Dollars of Supplier Products per annum shall be purchased from the Supplier, in whatever mixture and configuration as elected by buyer, in buyer’s sole and absolute discretion; and (e) For the next 18-month period after the first 42 months, an additional minimum of [*] Dollars of Supplier Products shall be purchased from the Supplier, in whatever mixture and configuration as elected by buyer, in buyer’s sole and absolute discretion.

During the Initial Term the Buyer shall not, and shall cause its Affiliates (as defined in the Transaction Agreement) (“Affiliates”) not to, engage, or permit to be engaged on its behalf, any third party other than the Agent to enter into supply agreements with international suppliers for the purchase of the Product to be imported into the Territory, for the benefit of, or otherwise servicing, the Buyer or its Affiliates. The Agent shall be the exclusive agent of the Buyer in the Territory with respect to the to negotiation of supply agreements with international suppliers for the purchase of the Product to be imported into the Territory. Notwithstanding the foregoing, in the event that the Buyer requests the negotiation of a Supply Agreement under this Agreement and the Agent is unable to fulfill such request, the Agent will give prompt written notice to the Buyer of such inability, and following such notice, Buyer will be allowed to engage other third-party agents in the negotiation of a supply agreement for such request.

During the Initial Term a. If the Initial Term of this Agreement shall expire, prior to the commencement of gaming operations, this Agreement shall terminate and be of no further force and effect without any further Notice of action by Landlord, except that the Franchisee shall complete or remove, at Landlord's option, any development initiated prior to the Termination Date and deliver the Leased Premises to the Landlord free and clear of any liens or security interests incurred by the Franchisee. b. In the event that Franchisee following application for a gaming license fails to obtain such license during the initial term, then this Agreement shall terminate.

During the Initial Term. (i) Notwithstanding anything to the contrary in the CAP Plan or the First Award Agreement, in the event of the occurrence of a Change in Control (as defined below) during the Initial Term, (A) the restricted stock subject to the First Award shall vest in full as of the date of the Change in Control, and (B) in lieu of the Second Award, the Company shall deliver 320,000 fully vested shares of Common Stock as of the date of the Change in Control. (ii) Notwithstanding anything to the contrary in the CAP Plan or the First Award Agreement, in the event of the occurrence of a Material Capital Transaction (as defined below) during the Initial Term in connection with which the Company terminates Executive’s employment, provided that Executive is willing to remain employed through the date on which a replacement Chief Executive Officer commences employment with the Company, (A) the restricted stock subject to the First Award shall vest in full as of the date of such termination, and (B) in lieu of the Second Award, the Company shall deliver 320,000 fully vested shares of Common Stock as of the date of termination.