Fourth Amendment to Casino Operations Lease dated November 13, 2019 by and between Hyatt Equities, L.L.C., as landlord, and Gaming Entertainment (Nevada) LLC, as tenant
Exhibit 10.10
FOURTH AMENDMENT TO CASINO OPERATIONS LEASE
THIS FOURTH AMENDMENT TO CASINO OPERATIONS LEASE (this “Fourth Amendment”) is made as of the 13th day of November, 2019 (the “Effective Date”) by and between Hyatt Equities, L.L.C., a Delaware limited liability company (“Landlord”) and Gaming Entertainment (Nevada) LLC, a Nevada limited liability company (“Tenant”).
WITNESSETH
WHEREAS, Landlord and Tenant are parties to that certain Casino Operations Lease dated June 28, 2011 (the “Original Lease”), as amended by that certain First Amendment to Casino Operations Lease dated April 8, 2013 (the “First Amendment”), that certain Second Amendment to Casino Operations Lease dated November 25, 2015 (the “Second Amendment”), and that certain Third Amendment to Casino Operations Lease dated August 29, 2016 (the “Third Amendment”; collectively, the Original Lease, the First Amendment, the Second Amendment and the Third Amendment shall be referred to herein as the “Original Amended Lease”);
WHEREAS, Landlord and Tenant are parties to that certain Second Lien Security Agreement dated June 29, 2011, as amended by that certain First Amendment to Second Lien Security Agreement dated April 8, 2013 and that certain Second Amendment to Second Lien Security Agreement dated May 12, 2016, (as the same may be further amended, restated, exchanged, substituted, extended or otherwise modified from time to time, the “Security Agreement”) pursuant to which Tenant has provided Landlord with a security interest in all of Tenant’s interest in the Original Amended Lease (as amended hereby or as may be further amended, restated, exchanged, substituted, extended or otherwise modified from time to time), the Premises and the personal property all as described in the Security Agreement, as security for the full and prompt payment and performance of all of Tenant’s obligations under the Original Amended Lease (as amended hereby or as may be further amended, restated, exchanged, substituted, extended or otherwise modified from time to time), and the Security Agreement, as described herein; and
WHEREAS, the parties, among other things, desire to confirm, in connection with this Fourth Amendment, certain terms and conditions with respect to the Original Amended Lease.
NOW THEREFORE, in consideration of the foregoing and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Landlord and Tenant agree as follows:
2. | Premises. |
Signatures on following page.
IN WITNESS WHEREOF, the parties hereto have executed or caused to be executed this Fourth Amendment and it shall be effective on the date first written above.
LANDLORD:
HYATT EQUITIES, L.L.C.,
a Delaware limited liability company
By: /s/ Bradley O’Bryan
Name: Bradley O’Bryan
Title: Vice President
TENANT:
GAMING ENTERTAINMENT (NEVADA) LLC,
a Nevada limited liability company
By: /s/ Elaine Guidroz
Name: Elaine Guidroz
Title: Manager
Exhibit A
[See Attached]
Exhibit B
[See Attached]