Common use of Amendments to the Lease Clause in Contracts

Amendments to the Lease. A. Termination of the Lease as to the ▇▇▇▇▇▇’▇ ▇▇▇▇ Facility. Effective as of the date hereof: a. the Lease is hereby terminated with respect to the ▇▇▇▇▇▇’▇ ▇▇▇▇ Leased Property (as defined below), the ▇▇▇▇▇▇’▇ ▇▇▇▇ Leased Property no longer constitutes Leased Property under the Lease, and neither Landlord nor Tenant has any further liabilities or obligations, from and after the date of this Amendment, in respect of the ▇▇▇▇▇▇’▇ ▇▇▇▇ Facility (as defined below) and the ▇▇▇▇▇▇’▇ ▇▇▇▇ Leased Property, and b. the Guaranty hereby automatically, and without further action by any party, ceases to apply with respect to any Obligations (as defined in the Guaranty) with respect to the ▇▇▇▇▇▇’▇ ▇▇▇▇ Facility or the ▇▇▇▇▇▇’▇ ▇▇▇▇ Leased Property to the extent arising from and after the date of this Amendment (provided that any such Obligations arising prior to such date shall not be terminated, limited or affected by or upon entry into this Amendment). c. For the avoidance of doubt, the Lease shall continue in full force and effect with respect to the balance of (x) the Facilities (other than the ▇▇▇▇▇▇’▇ ▇▇▇▇ Facility) and (y) the Leased Property (other than the ▇▇▇▇▇▇’▇ ▇▇▇▇ Leased Property). The term “▇▇▇▇▇▇’▇ ▇▇▇▇ Facility” shall refer to the applicable Facility identified as Facility 16 on the list of the Facilities annexed as Exhibit A to the Lease, other than the portion thereof pertaining to the Leased Property set forth on Annex B hereto (the “Leased Property (Reno Billboard)”). The term “▇▇▇▇▇▇’▇ ▇▇▇▇ Leased Property” shall refer to the Leased Property set forth on Annex A hereto and any other Leased Property pertaining to the ▇▇▇▇▇▇’▇ ▇▇▇▇ Facility (excluding, for the avoidance of doubt, the Leased Property (Reno Billboard)).

Amendments to the Lease. A. Termination of the Lease as to the ▇▇▇▇▇▇’▇ ▇▇▇▇ Bally’s Facility. Effective as of the date hereof: a. the Lease is hereby terminated with respect to the ▇▇▇▇▇▇’▇ ▇▇▇▇ Bally’s Leased Property (as defined below), the ▇▇▇▇▇▇’▇ ▇▇▇▇ Bally’s Leased Property no longer constitutes Leased Property under the Lease, and neither Landlord nor Tenant has any further liabilities or obligations, from and after the date of this Amendment, in respect of the ▇▇▇▇▇▇’▇ ▇▇▇▇ Bally’s Facility (as defined below) and the ▇▇▇▇▇▇’▇ ▇▇▇▇ Bally’s Leased PropertyProperty (provided that any such liabilities or obligations arising prior to such date shall not be terminated, limited or affected by or upon entry into this Amendment), and b. the Guaranty hereby automatically, and without further action by any party, ceases to apply with respect to any Obligations (as defined in the Guaranty) with respect to the ▇▇▇▇▇▇’▇ ▇▇▇▇ Bally’s Facility or the ▇▇▇▇▇▇’▇ ▇▇▇▇ Bally’s Leased Property to the extent arising from and after the date of this Amendment (provided that any such Obligations arising prior to such date shall not be terminated, limited or affected by or upon entry into this Amendment). c. For the avoidance of doubt, the Lease shall continue in full force and effect with respect to (i) the balance of (x) the Facilities (other than the ▇▇▇▇▇▇’▇ ▇▇▇▇ Bally’s Facility) and (y) the Leased Property (other than the ▇▇▇▇▇▇’▇ ▇▇▇▇ Bally’s Leased Property), and (ii) the Retained Facility and Retained Leased Property (as defined below). The term “▇▇▇▇▇▇’▇ ▇▇▇▇ Bally’s Facility” shall refer to the applicable Facility identified as Facility 16 13 on the list of the Facilities annexed as Exhibit A to the LeaseLease (prior to giving effect to the replacement of said Exhibit A pursuant to Section 2.N.i. of this Amendment), other than the portion thereof pertaining to the Leased Property set forth on Annex B hereto (the “Leased Property (Reno Billboard)”)Retained Facility. The term “▇▇▇▇▇▇’▇ ▇▇▇▇ Bally’s Leased Property” shall refer to the Leased Property set forth on Annex A hereto and any other Leased Property pertaining to the ▇▇▇▇▇▇’▇ ▇▇▇▇ Bally’s Facility (excluding, for the avoidance of doubt, the Retained Leased Property (Reno BillboardProperty)). The term “Retained Facility” shall have the meaning given such term in the Recitals hereto.

Amendments to the Lease. A. Termination of the Lease as to the ▇▇▇▇▇▇’▇ ▇▇▇▇ Bally’s Facility. Effective as of the date hereof: a. i. the Lease is hereby terminated with respect to the ▇▇▇▇▇▇’▇ ▇▇▇▇ Bally’s Leased Property (as defined below), the ▇▇▇▇▇▇’▇ ▇▇▇▇ Bally’s Leased Property no longer constitutes Leased Property under the Lease, and neither Landlord nor Tenant has any further liabilities or obligations, from and after the date of this Amendment, in respect of the ▇▇▇▇▇▇’▇ ▇▇▇▇ Bally’s Facility (as defined below) and the ▇▇▇▇▇▇’▇ ▇▇▇▇ Bally’s Leased PropertyProperty (provided that any such liabilities or obligations arising prior to such date shall not be terminated, limited or affected by or upon entry into this Amendment), and b. ii. the Guaranty hereby automatically, and without further action by any party, ceases to apply with respect to any Obligations (as defined in the Guaranty) with respect to the ▇▇▇▇▇▇’▇ ▇▇▇▇ Bally’s Facility or the ▇▇▇▇▇▇’▇ ▇▇▇▇ Bally’s Leased Property to the extent arising from and after the date of this Amendment (provided that any such Obligations arising prior to such date shall not be terminated, limited or affected by or upon entry into this Amendment). c. iii. For the avoidance of doubt, the Lease shall continue in full force and effect with respect to (i) the balance of (x) the Facilities (other than the ▇▇▇▇▇▇’▇ ▇▇▇▇ Bally’s Facility) and (y) the Leased Property (other than the ▇▇▇▇▇▇’▇ ▇▇▇▇ Bally’s Leased Property), and (ii) the Retained Facility and Retained Leased Property (as defined below). The term “▇▇▇▇▇▇’▇ ▇▇▇▇ Bally’s Facility” shall refer to the applicable Facility identified as Facility 16 13 on the list of the Facilities annexed as Exhibit A to the LeaseLease (prior to giving effect to the replacement of said Exhibit A pursuant to Section 2.N.i. of this Amendment), other than the portion thereof pertaining to the Leased Property set forth on Annex B hereto (the “Leased Property (Reno Billboard)”)Retained Facility. The term “▇▇▇▇▇▇’▇ ▇▇▇▇ Bally’s Leased Property” shall refer to the Leased Property set forth on Annex A hereto and any other Leased Property pertaining to the ▇▇▇▇▇▇’▇ ▇▇▇▇ Bally’s Facility (excluding, for the avoidance of doubt, the Retained Leased Property). The term “Retained Facility” shall have the meaning given such term in the Recitals hereto. The term “Retained Leased Property” shall refer to the Wild Wild West Parcel, the Block 488 Parcel and any other Leased Property (Reno Billboard))pertaining to the Retained Facility.