Application of the Deposit. (i) Upon the termination of this Agreement pursuant to Sections 10.1(a), (b), (c), (d), (e) or (f), the Deposit, together with interest earned thereon, shall be paid to Buyer. (ii) Upon the termination of this Agreement pursuant to Section 10.1(g), the Deposit, together with any interest earned thereon, shall be paid to the Partnership.
Appears in 3 contracts
Sources: Partnership Interest Purchase Agreement, Partnership Interest Purchase Agreement (Harrahs Entertainment Inc), Partnership Interest Purchase Agreement (Boyd Gaming Corp)
Application of the Deposit. (i) Upon the termination of this Agreement pursuant to Sections 10.1(aSection 8.l(a), (b), (c), (d), (e) or (fe), the Deposit, together with interest earned thereon, Deposit shall be paid to Buyer.
(ii) Upon the termination of this Agreement pursuant to Section 10.1(g8.1(f), the Deposit, together with Deposit (excluding any interest earned accrued thereon, ) shall be paid to Seller, and any interest accrued on the PartnershipDeposit shall be paid one-half to Seller and one-half to Buyer.
Appears in 1 contract
Sources: Securities Purchase Agreement (St Louis Riverboat Entertainment Inc)
Application of the Deposit. (i) Upon the termination of this Agreement pursuant to Sections 10.1(aSection 8.1(a), (b), (c), (d), (e) or (fe), the Deposit, together with interest earned thereon, Deposit shall be paid to Buyer.
(ii) Upon the termination of this Agreement pursuant to Section 10.1(g8.1(f), the Deposit, together with Deposit (excluding any interest earned accrued thereon, ) shall be paid to Seller, and any interest accrued on the PartnershipDeposit shall be paid one-half to Seller and one-half to Buyer.
Appears in 1 contract
Sources: Securities Purchase Agreement (Penn National Gaming Inc)