Gaming Operations. Manager will have the exclusive authority to, and the Manager will, conduct and direct all business and affairs in connection with the Gaming Operations, including, without limitation, (i) using reasonable measures to keep the Casino Premises clean and in good working order, subject to ordinary wear and tear; (ii) providing for appropriate security and surveillance for the Gaming Operations, including the hiring and supervision of security personnel, subject to regulatory oversight and access of the NGCB and all other Legal Requirements; (iii) placing advertising for the Gaming Operations; (iv) conducting the Gaming Operations subject to the system of internal controls (the “Internal Control System”) in place as of the Effective Date (which Internal Control System shall be subject to the necessary review and approval of the NGCB) and any changes instituted to the Internal Control System thereafter; provided, however, in no event will the Manager be responsible for providing operating capital for the Gaming Operations; and (v) performing any such other services or tasks required under any Legal Requirements applicable to the Gaming Operations. Solely for gaming licensing and compliance purposes, in performing its obligations under this Section 2.2.21, Manager shall act as a key employee to Gaming Owner.
Gaming Operations. Maintain all necessary regulatory authorizations of the Nevada Gaming Authorities;
Gaming Operations. Other than as a consequence of compliance with any COVID-19 Directive, the loss of or failure to obtain any operating licenses or other material licenses or permits or the occurrence of any event or circumstance which in any such case results in the failure to have any material portion of either the Atlantis Casino Resort Spa or the Monarch Casino Black Hawk, open to conduct gaming activities for any reason for more than fifteen (15) consecutive days (or more than sixty (60) days if during such period the Borrowers are entitled to the proceeds of business interruption insurance sufficient in amount to cover at least 80% of the anticipated loss associated with such failure to have such material portion open to conduct gaming activities) or which results in the prohibition by any Gaming Board of the conduct gaming activities at either the Atlantis Casino Resort Spa or the Monarch Casino Black Hawk, for a period in excess of two (2) consecutive days; or
Gaming Operations. 4 Section 1.19 Gaming Rent.............................................4 Section 1.20 Gaming Vessel(s)........................................4 Section 1.21 Governmental Authorities................................5 Section 1.22 Improvements............................................5 Section 1.23 Head Tax................................................5 Section 1.24 Home Dock City Public Safety Fund.......................5 Section 1.25
Gaming Operations. The loss of or failure to obtain any operating licenses or other material licenses or permits or the occurrence of any event or circumstance which in any such case results in the failure to have any material portion of either the Atlantis Casino Resort Spa or the Monarch Casino Black Hawk, open to conduct gaming activities for any reason for more than fifteen (15) consecutive days (or more than sixty (60) days if during such period the Borrowers are entitled to the proceeds of business interruption insurance sufficient in amount to cover at least 80% of the anticipated loss associated with such failure to have such material portion open to conduct gaming activities) or which results in the prohibition by any Gaming Board of the conduct gaming activities at either the Atlantis Casino Resort Spa or the Monarch Casino Black Hawk, for a period in excess of two (2) consecutive days; or
Gaming Operations. The Manager shall be responsible for the Gaming Operations.
Gaming Operations. “Gaming Operations” shall mean any and all Gaming operated by Manager in accordance with the terms of this Agreement within the Businesses.
Gaming Operations. The term "Gaming Operations" shall mean all activities ------------------ pertaining to the development and construction of the Casino and the Casino ------ thereon, all Casino Gaming Activities conducted in the Casino and all activities ---- conducted at the Facility; related to any of the foregoing.
Gaming Operations. An Affiliate of the Company has entered into the Casino Sublease with an Affiliate of Golden Gaming, Inc. in connection with the gaming operations at the Hotel/Casino. Morgans Co. covenants and agrees to use commercially reasonable efforts to obtain all appropriate gaming licenses and approvals from the Gaming Authorities to the extent necessary to permit Manager (or an Affiliate of Manager) to manage the gaming operations at the Hotel/Casino, if Morgans (or its Affiliate) is approved by Lender as the gaming operator for the Hotel/Casino. At such time as Manager (or another Affiliate of Morgans Co.) has obtained all licenses and approvals required to manage the gaming operations, Morgans Co. or one of its Affiliates shall have the right to make a formal proposal to the Board to take over management of the gaming operations at the Hotel/Casino. In addition, the DLJMB Parties and Morgans Co. each covenant and agree to use commercially reasonable efforts to obtain all appropriate gaming licenses and approvals for the Company or one of its Subsidiaries to hold an ownership interest in or receive revenues and profits from such gaming operations, at which time the Board shall be entitled, in its discretion, to have the Company (or a Subsidiary of the Company) control the gaming operations (subject to any management arrangement approved by the Board with Manager, an Affiliate of Manager or a third party); provided, however, that (i) no DLJMB Party or its Affiliates, other than DLJMB LLC and its members (i.e. the investment committee of DLJMB Partners), or, alternatively, such of those members who, based on the advice of both Xxxxx & Xxxxxx, L.L.P. and Xxxxxxxxxx Hyatt Xxxxxx Xxxxxxx, are required to so file gaming applications in connection with obtaining such gaming approvals and licenses, shall be required to submit an application for any gaming license or approval pursuant to the terms of this Agreement; and (ii) if the relevant Gaming Authorities impose conditions or restrictions that either Morgans Co. or DLJMB LLC believe are not acceptable (in their sole discretion), then the applicable DLJMB Party and/or the applicable Xxxxxx Party (or their respective Affiliates, if applicable) may withdraw any such application (any such event, a “Gaming Withdrawal”). Upon the occurrence of any Gaming Withdrawal, the Board may (i) seek to extend the term of the Casino Sublease, (ii) find another casino operator on substantially similar terms and conditions as the Casino ...
Gaming Operations. The loss of or failure to obtain any operating licenses or other material licenses or permits or the occurrence of any event or circumstance which in any such case results in the failure to have any material portion of either the 4147-6459-6034 Atlantis Casino Resort Spa or the Monarch Casino Black Hawk, open to conduct gaming activities for any reason for more than fifteen (15) consecutive days (or more than sixty
