Pocono Downs means the harness racetrack and casino known as Mohegan Sun at Pocono Downs, located in Plains Township, Pennsylvania, and related assets.
Examples of Pocono Downs in a sentence
As used herein, the term knowledge as to any Seller or any Pocono Downs Company means the actual knowledge of (i) Peter Carlino, Chairman of the Board and Chief Executive Officer of Parent, Kevin DeSanctis, President and Chief Operating Officer of Parent, or Robert Ippolito, Vice President, Secretary and Treasurer of Parent, and (ii) after a commercially reasonable investigation, of Conrad Sobkowiak, General Manager, Ed Granci, Controller, or Dennis Brown, Director of OTW Operations (limited to OTWs).
Section 9.17(d) of the Loan Agreement is hereby deleted in its entirety and the following is hereby substituted therefor: (d) Capital Expenditures made in respect of Mohegan Sun, Pocono Downs and for Related Businesses (including, to the extent characterized as a Capital Expenditure, Capital Expenditures for associated licensing fees) in an aggregate amount which does not exceed $125,000,000 during the period following the Closing Date; and
The Administrative Agent is hereby authorized by the Lenders and the L/C Issuer, without notice to or consent from the Lenders or L/C Issuer, to execute and deliver SNDAs in favor of any tenant of Borrower at Mohegan Sun, Pocono Downs or any other property.