Common use of Tolling of the Agreement Clause in Contracts

Tolling of the Agreement. If, after a period of cessation of Gaming on the Property, the Recommencement of Gaming is possible, and if Manager has not terminated this Agreement under the provisions of Section 4.4.3, the period of such cessation shall not be deemed to have been part of the Term of this Agreement and the date of expiration of the Term of this Agreement shall be extended by the number of days of such cessation period.

Appears in 2 contracts

Samples: Management Agreement (Mohegan Tribal Gaming Authority), Management Agreement (Mohegan Tribal Gaming Authority)

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Tolling of the Agreement. If, after a period of cessation of Gaming on the Property, the Recommencement of Gaming is possible, and if Manager has not terminated this Agreement under the provisions of Section 4.4.3, the period of such cessation shall not be deemed to have been part of the Term term of this Agreement and the date of expiration of the Term term of this Agreement shall be extended by the number of days of such cessation period. Any cost actually incurred in good faith to eliminate rights acquired in the Property, the Gaming Facility or the Enterprise during the period of cessation shall be reimbursed to the Manager.

Appears in 1 contract

Samples: Management Agreement (Station Casinos Inc)

Tolling of the Agreement. If, after a period of cessation of Gaming on the Property, the Recommencement recommencement of Gaming is possible, and if Manager has not terminated this Agreement under the provisions of Section 4.4.33.4.4, the period of such cessation shall not be deemed to have been part of the Term term of this Agreement and the date of expiration of the Term term of this Agreement shall be extended by the number of days of such cessation period. The costs of recommencing Gaming shall be subject to the process described in section 3.9 of this Agreement and, when approved by the Authority pursuant to that section, shall be treated in accordance with GAAP.

Appears in 1 contract

Samples: Management Agreement (Chukchansi Economic Development Authority)

Tolling of the Agreement. If, after a period of cessation of Gaming on the Property, the Recommencement recommencement of Gaming is possible, and if the Manager has not terminated this Agreement under the provisions of Section 4.4.34.4.4, the period of such cessation shall not be deemed to have been part of the Term of this the Agreement and the date of expiration of the Term of this the Agreement shall be extended by the number of days of such cessation periodperiod of cessation, provided that in no event shall this Agreement be extended pursuant to this provision for more than Five (5) years.

Appears in 1 contract

Samples: Gaming Facility (Alpha Hospitality Corp)

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Tolling of the Agreement. If, after a period of cessation of Gaming on the Property, the Recommencement recommencement of Gaming is possible, and if Manager has not terminated this Agreement under the provisions of Section 4.4.33.4.4, the period of such cessation shall not be deemed to have been part of the Term term of this Agreement and the date of expiration of the Term term of this Agreement shall be extended by the number of days of such cessation period.

Appears in 1 contract

Samples: Gaming Facility Management Agreement (Trump Indiana Inc)

Tolling of the Agreement. If, after a period of cessation of Gaming on the Property, the Recommencement recommencement of Gaming is possible, and if Manager has not terminated this Agreement under the provisions of Section 4.4.3SECTION 4.4.4, the period of such cessation shall not be deemed to have been part of the Term of this the Agreement and the date of expiration of the Term of this the Agreement shall be extended by the number of days of such cessation periodperiod of cessation, provided that in no event shall this Agreement be extended pursuant to this Paragraph for more than five years.

Appears in 1 contract

Samples: Management Agreement (Empire Resorts Inc)

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