Performance Test. Commencing on the sixth (6th) full fiscal year following the closing (“Test Trigger Date”), New Propco may terminate the Management Agreement for a Property without payment of any termination fee if the Property has for two (2) consecutive fiscal years following the Test Trigger Date (a “Testing Period”):
Appears in 4 contracts
Sources: Memorandum of Understanding (Station Casinos Inc), Plan Support Agreement (Station Casinos Inc), Memorandum of Understanding (Station Casinos Inc)