Borgata Property definition

Borgata Property has the meaning set forth in Section 6.9(h).
Borgata Property means that portion of the Leased Property (as defined in the Master Lease) consisting of the Borgata Hotel Casino & Spa (as set forth in the Master Lease Amendment).

Examples of Borgata Property in a sentence

  • MGP shall cause Ernst & Young LLP, or an accounting firm mutually agreed upon by MGP and MGM, to perform an appraisal of the Borgata Property (the “Appraisal”) and any other work reasonably determined by MGM and/or MGP necessary to support the characterization of the Master Lease in respect of the Borgata Property as a “true lease” for U.S. federal income Tax purposes.