Casino Operating Contract definition
Examples of Casino Operating Contract in a sentence
Except as set forth above, the Trustee may request the consent and approval of the Holders as a condition to giving any consent or approval under the Ground Lease, or any other lease or the Casino Operating Contract and shall have no responsibility or liability for failing to give any such consent or approval absent direction from the Holders.
As a prerequisite to maintaining the effectiveness of the Casino Operating Contract, the Casino Operating Contract requires that the Company annually provide the Minimum Payment Guaranty to the Regulating Authority.
The HET/JCC Agreement provides that the Initial Minimum Payment Guarantors will provide the Minimum Payment Guaranty required under the Casino Operating Contract for the Fiscal Years (as defined in the Casino Operating Contract) ending March 31, 1999 and March 31, 2000, renewable for the four Fiscal Years thereafter through March 31, 2004, subject to termination or non-renewal in accordance with the terms of the HET/JCC Agreement.
JCC Holding shall cause (a) its, and each of its Subsidiaries', fiscal years to end on December 31, except that, for purposes of the Casino Operating Contract and the Minimum Payment Guaranty Documents, the fiscal year of the Company shall be deemed to end on March 31, and (b) its, and each of its Subsidiaries', fiscal quarters to end on the last day of each March, June, September and December.
The HET/JCC Agreement provides that the Minimum Payment Guarantors will provide the Minimum Payment Guaranty required under the Casino Operating Contract for the Fiscal Years (as defined in the Casino Operating Contract) ending March 31, 2002, 2003, 2004 and 2005, subject to termination or non-renewal in accordance with the terms of the HET/JCC Agreement.