PropCo definition

PropCo. VICI Properties L.P., a Delaware limited partnership.

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PropCo means Studio City Developments Limited (formerly known as MSC Desenvolvimentos, Limitada and previously as as East Asia - Televisão por Satélite Limitada), a company incorporated under the laws of the Macau SAR, registered with the Macau Commercial Registry under number 14311 SO, with registered office at ▇▇▇ ▇▇ ▇▇▇▇▇, ▇▇▇ ▇▇▇-▇▇▇, Edifício Flower City, 1° andar, A1, Taipa, Macau.

PropCo means the newly formed limited partnership organized under the laws of Delaware, which on and after the Effective Date will hold, directly or indirectly, certain assets of the Debtors, a schedule of which assets shall be included in the Plan Supplement, which schedule shall be consistent in all material respects with the Bond RSA and otherwise reasonably acceptable to the Requisite Consenting Bond Creditors, the Requisite Consenting Bank Creditors, the Second Priority Noteholders Committee, the Unsecured Creditors Committee, CEC, and the Debtors.

Examples of PropCo in a sentence

If Propco does not so exercise the Propco ROFR prior to the expiration of the Propco Election Period, then Propco shall be deemed to have waived the Propco ROFR with respect to the applicable Propco Opportunity Transaction only.
This Agreement shall automatically terminate and be of no further force or effect from and after the earliest of such time as (i) Propco or any of its Affiliates shall have acquired the ROFR Property or (ii) the Grantors, any of their respective Affiliates or any joint venture that includes any of the foregoing shall have sold the ROFR Property (or the Danville Project, as applicable) to a third party in accordance with, and not in contravention of, the terms and conditions of this Agreement.
For the avoidance of doubt, in the event arbitration is commenced during the Propco ROFR Discussion Period, the Propco ROFR Discussion Period shall be tolled for the duration of such arbitration.
Notwithstanding anything to the contrary set forth in this Agreement, none of VICI REIT, Propco or any of their Affiliates shall be required to take any action or refrain from taking any action that would, in either case, reasonably be expected to cause ▇▇▇▇ ▇▇▇▇ to fail to qualify as a REIT.
The applicable Grantor or Grantors, as the case may be, Propco and their respective Affiliates shall cooperate during the Licensing Period in promptly seeking to obtain all such licenses, qualifications or approvals (including supplying the other party with any information which may be required in order to obtain such licenses, qualifications or approvals, and responding as promptly as practicable to any inquiry or request received from any Gaming Authority for additional information or documentation).

More Definitions of PropCo

PropCo means ▇▇▇▇▇▇▇ Rock Property, LLC, a Georgia limited liability company. “Propco Units” shall mean the units of membership interest in Propco.

PropCo means Susser Petroleum Property Company LLC, a Delaware limited liability company.

PropCo means [ ].

PropCo means each direct or indirect subsidiary of the Parent, including, without limitation, those designated as such on Schedule 3.12, the primary assets (other than cash or cash equivalents) of which consist of rights, title and interest (including any leasehold, mineral or other estate) in and to parcels of or interests in Real Estate, whether by lease, license or other means, in each case which has no other Indebtedness other than pursuant to the CMBS Facilities or the Supplemental Real Estate Facilities.

PropCo means VICI Properties 1, LLC, a Delaware limited liability company.

PropCo has the meaning set forth in the recitals to this Agreement.

PropCo shall have the meaning set forth in the Preamble.