Definition of Pocono Downs Phase II

Pocono Downs Phase II means the expansion project of Pocono Downs consisting of: a new approximately 280,000 square foot entertainment facility featuring additional slot machines, expected to bring the total number of slot machines at Pocono Downs to approximately 2,500, as well as three restaurants, two bars and other related amenities.
Sample 1

Examples of Pocono Downs Phase II in a sentence

In order to accommodate any delay in the completion of Mohegan Sun Phase III or Pocono Downs Phase II, at any time prior to December 31, 2007, the Borrower shall have a one-time option to delay, for either one Fiscal Quarter or two Fiscal Quarters, each of the subsequent step-ups and step-downs for the applicable financial ratios set forth in Sections 9.13(a), (b) and (c) above.