Common use of Amendments to Master Lease Clause in Contracts

Amendments to Master Lease. Effective as of the Effective Date, the Master Lease is hereby amended in its entirety to read as set forth in Exhibit A hereto, it being understood, for the avoidance of doubt, that during the period from (i) the Commencement Date of the Master Lease until December 19, 2022, the terms of the Master Lease applied to the fourteen (14) original Facilities and all matters then arising under the Master Lease, without regard to the First Amendment and the termination of the Master Lease with respect to the Mirage Facility, and (ii) December 19, 2022 until the Effective Date of this Amendment, the terms of the Master Lease applied to the remaining thirteen (13) Facilities after giving effect to the removal of the Mirage Facility pursuant to the First Amendment and all matters then arising under the Master Lease, without regard to this Amendment and the termination of the Master Lease with respect to the Gold Strike Facility. Solely for purposes of clarity, changes effectuated by the (x) First Amendment to the text of the Master Lease from the form of the Master Lease that was in effect immediately prior to December 19, 2022 are set forth in the changed “redlined” pages attached as Exhibit B-1 hereto and (y) this Amendment to the text of the Master Lease from the form of the Master Lease that was in effect immediately prior to the Effective Date are set forth in the changed “redlined” pages attached as Exhibit B-2 hereto.

Appears in 2 contracts

Sources: Master Lease (MGM Resorts International), Master Lease (VICI Properties L.P.)