Desert Passage definition

Desert Passage means a high-end themed entertainment shopping mall with a gross leasable area of approximately 450,000 square feet.
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Desert Passage is defined in clause (b) of the fourth recital of the Credit Agreement.
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Desert Passage means the pending project by Aladdin Bazaar to develop, construct and operate the Desert Passage, as described in the Offering Memorandum of the Issuers dated February 18, 1998, relating to the Units.
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Examples of Desert Passage in a sentence

  • An additional Incentive Award of $500,000 will be paid for the Desert Passage project upon closing of the sale of all or a majority interest in this asset.

  • Adjacent to the Hotel/Casino is a themed shopping mall containing approximately 460,000-square feet of retail space known as the Desert Passage Mall ("Desert Passage") and a 4,800-space parking garage.

  • Desert Passage and the parking garage are both owned separately by Bazaar.

  • If from time to time, pursuant to the terms of the applicable Co-Lender Agreement or Other Pooling and Servicing Agreement, and as appropriate for enforcing the terms of the Desert Passage Mortgage Loan, the Other Servicer or the Other Special Servicer requests delivery to it of the original Note by providing the Trustee a request for release, then the Trustee shall release or cause the release of such original Note to the Other Servicer or the Other Special Servicer or its designee.

  • Developer shall have the right, and shall make available a representative of Developer, to participate in all negotiations with the owner of the Mall Property aka Desert Passage Shopping Center (aka/fka Aladdin Bazaar) (Boulevard Investments) regarding the foregoing.

  • Amounts attributable to the Desert Passage Pari Passu Loans will not be assets of the Trust Fund or the Trust REMICs and will be beneficially owned by the respective Companion Loan Noteholders.

  • The Mortgaged Property that secures the Mortgage Loan identified as Loan No. 1 on the Mortgage Loan Schedule (the "Desert Passage Mortgage Loan") also secures two companion loans to the same Borrower, both of which are pari passu in right of payment to the Desert Passage Mortgage Loan (the "Desert Passage Pari Passu Loans" and together with the Desert Passage Mortgage Loan, the "Desert Passage Whole Loan").

  • The employee may also choose to convert to Part Time and will follow the procedure as above.

  • Year 2000 Bonus As recognition of the success of Desert Passage, the Incentive Award for this project will be earned and, as I previously indicated to you, paid by November 30, 2000.


More Definitions of Desert Passage

Desert Passage is defined in clause (b) of the fourth recital.
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Desert Passage shall have the meaning set forth in the Preliminary Statements.
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Desert Passage is defined in CLAUSE (B) of the FOURTH RECITAL of the Credit Agreement.
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Related to Desert Passage

  • impermeable surface means a surface or pavement constructed and maintained to a standard sufficient to prevent the transmission of liquids beyond the pavement surface, and should be read in conjunction with the term “sealed drainage system” (below).

  • Passageway means a pathway that is unobstructed clear to the sky and extends from a street to one entrance of the accessory dwelling unit.

  • Internal lot restriction means a platted note, platted demarcation, or platted

  • Totally enclosed treatment facility means a facility for the treatment of hazardous waste which is directly connected to an industrial production process and which is constructed and operated in a manner which prevents the release of any hazardous waste or any constituent thereof into the environment during treatment. An example is a pipe in which waste acid is neutralized.

  • Private road or driveway means every way or place in private ownership and used for vehicular travel by the owner and those having express or implied permission from the owner, but not by other persons.