DW Member definition
Examples of DW Member in a sentence
It is expressly understood and agreed that this provision shall have no force and effect with respect to any document or agreement as to which Mr. ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ or Tracinda Corporation is a party with the DW Member or Affiliates of the DW Member, except as set forth in such other agreement.
In addition, the Parties agree that none of the Dubai World Restricted Affiliates, individually or collectively, are a Party to this Agreement or liable for any alleged breach or default of this Agreement by DW Member or its Affiliates.
In the event of any such termination in accordance with this Section 16.4, in no event shall Owner or DW Member be required to pay to MGM MIRAGE or any Manager a termination fee, penalty or additional fee.
Each Manager shall make good faith, reasonable efforts to notify Owner and the DW Member Representative as soon as such Manager becomes aware of an Emergency Situation (which must be within twenty-four (24) hours following the Emergency Situation).
No waiver by Owner of any breach or default by Manager under this Agreement shall be effective unless such consent to or waiver of any such breach or default has been given in writing by the DW Member.
Each Manager will provide immediate notice of a Force Majeure Event to Owner and the DW Member Representative specifying the circumstances of the Force Majeure Event, providing any supporting documentation as may be available to evidence such circumstances, and shall periodically update Owner and the DW Member Representative on the progress of the Force Majeure Event.
DW Member will cooperate with Operator to undertake such audit in a collaborative manner so as not to disrupt the business enterprise.
Operator shall no relocate the books and records relating to the Condo-Hotel, or if in electronic form, change the manner and form of access and storage for those records specific to the Condo-Hotel at any time during the Term without the prior written notice to and the consent of DW Member.
Furthermore, if the Crystals Component Opening Date is delayed from the originally projected dates (other than a delay caused by the Manager), the Pre-Opening Budget shall be revised to reflect any increases in Pre-Opening Expenses caused by such delay after consultation with and approval by Owner in accordance with the Joint Venture Agreement (or by the DW Member, as may be required by the Joint Venture Agreement).
If any audit conducted pursuant to this Section 11.5 discloses an overstatement greater than any of the thresholds in the immediately preceding sentence, then Operator immediately shall correct the misstatements and pay any amounts owing to the DW Member or Owner, as applicable.