Definition of Excluded Casino


Excluded Casino means the casino or gaming area in, or to be developed in any Additional Development or in the development or project on Site 3 (if such project or development is not owned by a Loan Party), which casino or gaming area, subject to the terms and conditions set forth herein, will be owned and/or operated by the Company.
Sample 1

Examples of Excluded Casino in a sentence

Additional Development Excluded Subsidiaries means Excluded Subsidiaries of the Company that, directly or indirectly, own or are intended to own the Additional Developments, including the Net Casino Cash Flow generated at the Excluded Casino located therein.
The Company shall promptly deposit all revenue (net of On-Site Cash related to such Excluded Casino) associated with the operation of the Excluded Casinos in the Excluded Bank Accounts and the applicable Additional Development Excluded Subsidiary will not have any access to or rights with respect to such revenue (nor any of the proceeds maintained in the Excluded Bank Accounts) other than pursuant to the next sentence.
The Company shall promptly deposit all revenue (net of On-Site Cash related to such Excluded Casino) associated with the operation of the Excluded Casinos in the Excluded Bank Accounts and the applicable Cotai Strip Excluded Subsidiary or Additional Development Excluded Subsidiary, as the case may be, will not have any access to or rights with respect to such revenue (nor any of the proceeds maintained in the Excluded Bank Accounts) other than pursuant to the next sentence.