0000950123-07-016570 Sample Contracts

ASSIGNMENT AND ASSUMPTION AGREEMENT
Assignment and Assumption Agreement • December 12th, 2007 • American Casino & Entertainment Properties LLC • Services-miscellaneous amusement & recreation • Delaware

THIS ASSIGNMENT AND ASSUMPTION AGREEMENT (this “Assignment”) is entered into as of December 4, 2007 (the "Effective Date”), by and between W2007/ACEP Holdings, LLC, a Delaware limited liability company (“Assignor”), and W2007/ACEP Managers Voteco, LLC, a Delaware limited liability company (“Assignee”).

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FIRST AMENDMENT TO MEMBERSHIP INTEREST PURCHASE AGREEMENT
Membership Interest Purchase Agreement • December 12th, 2007 • American Casino & Entertainment Properties LLC • Services-miscellaneous amusement & recreation • Delaware

THIS FIRST AMENDMENT TO MEMBERSHIP INTEREST PURCHASE AGREEMENT (this “Amendment”) is made as of September 12, 2007 by and between W2007/ACEP HOLDINGS, LLC, a Delaware limited liability company (“Buyer”) and AMERICAN ENTERTAINMENT PROPERTIES CORP., a Delaware corporation (“Seller”).

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