Lessee’s Denials Sample Clauses
Lessee’s Denials. If at any time: (a) Lessee or any person associated in any way with Lessee is denied a gaming license, found unsuitable or is denied or is otherwise unable to obtain any other approval with respect to the Premises by the Nevada Gaming Commission, any other agency or subdivision of the State of Nevada or any other agency or subdivision thereof or of any other government regulating gaming (collectively, “Gaming Authorities”) or is required by any Gaming Authority to apply for an approval and does not apply within any required time limit, as the same may be extended by such Gaming Authority, or withdraws any application for approval other than upon a determination by the applicable Gaming Authority that such approval is not required, and if the result of the foregoing has or may have a material adverse effect on Lessor or any affiliate of Lessor; or (b) any Gaming Authority commences or threatens to commence any suit or proceeding against Lessor or any affiliate of Lessor or to terminate or deny any required approval of Lessor or any affiliate of Lessor as a result of Lessee or any person associated with Lessee (all of the foregoing events described in (a) and (b) above are collectively referred to as a “Denial”), Lessor may terminate this Lease by written notice to Lessee; provided, however, if Lessor exercises its right to terminate this Lease pursuant to this Section 18.1 solely as the result of an association of Lessee or any person associated with Lessee which is the subject of a Denial, this Lease shall not terminate if Lessee ends such association within ninety (90) days of Lessor’s notice of termination or within such longer period of time, if any, as the Gaming Authority gives for terminating such association. Lessee and all such persons associated with Lessee shall promptly, and in all events within any time limit established by law, regulation or such Gaming Authority, furnish each Gaming Authority any information requested by such Gaming Authority and shall otherwise fully cooperate with all Gaming Authorities. A person shall be deemed associated with Lessee if that person directly or indirectly owns any equity interest in Lessee, any equity interest in such person is directly or indirectly owned by Lessee, any equity interest in such person is directly or indirectly owned by a person directly or indirectly having any equity interest in Lessee (all of the foregoing are hereinafter referred to as “Lessee Affiliates”), such person is employed by Les...
