Common use of Special Exceptions Clause in Contracts

Special Exceptions. Anything in Section 19(a) to the contrary ------------------ notwithstanding, Agency hereby acknowledges that: (i) Redeveloper intends, immediately upon the commencement of the Term of the Lease, to convey the Convention Center Parcel and assign this Lease to Hollywood Park, Inc., and Hollywood Park, Inc., intends to let the operation of the Card Club to ▇▇▇▇▇▇▇ Entertainment Inc., or a third party. Subject to Hollywood Park, Inc., assuming all obligations under this Lease, Agency hereby consents to said conveyance and assignment of this Lease and agrees that the original Redeveloper shall thereupon be relieved of all obligations hereunder other than those obligations which accrued prior to the date of the assignment, and other than those obligations specifically not assumed by Hollywood Park, Inc. (ii) At such time as Hollywood Park, Inc. qualifies to hold a gaming license, it intends to convey the Convention Center Parcel and assign this Lease to a joint venture composed of itself and CEI, and CEI intends to assign its rights under the lease of the Card Club and the City of ▇▇▇▇▇▇▇ Gaming License to said joint venture. Provided that Hollywood Park, Inc., then holds a majority in interest in equity ownership and managerial control of the joint venture, Agency hereby consents to said conveyance and assignments. (iii) Nothing herein shall be deemed to waive Agency's rights under Section 19(a) with respect to any other or additional assignments or sublettings, whether of a similar or dissimilar nature. (iv) The Agency shall not unreasonably withhold its consent to a sublease of the Hotel. No consent by the Agency to any sublease or assignment shall operate to release the Redeveloper or any assignee from any of obligations hereunder undertaken by Redeveloper or assumed by such assignee, except as provided in Section to the contrary.

Special Exceptions. Anything in Section 19(a) to the contrary ------------------ notwithstanding, Agency hereby acknowledges that: (i) Redeveloper intends, immediately upon the commencement of the Term of the Lease, to convey the Convention Center Parcel and assign this Lease to Hollywood Park, Inc., and Hollywood Park, Inc., intends to let the operation of the Card Club to ▇▇▇▇▇▇▇ Compton Entertainment Inc., or a third party. Subject to Hollywood Park, Inc., assuming all obligations under this Lease, Agency hereby consents to said conveyance and assignment of this Lease and agrees that the original Redeveloper shall thereupon be relieved of all obligations hereunder other than those obligations which accrued prior to the date of the assignment, and other than those obligations specifically not assumed by Hollywood Park, Inc. (ii) At such time as Hollywood Park, Inc. qualifies to hold a gaming license, it intends to convey the Convention Center Parcel and assign this Lease to a joint venture composed of itself and CEI, and CEI intends to assign its rights under the lease of the Card Club and the City of ▇▇▇▇▇▇▇ Gaming License to said joint venture. Provided that Hollywood Park, Inc., then holds a majority in interest in equity ownership and managerial control of the joint venture, Agency hereby consents to said conveyance and assignments. (iii) Nothing herein shall be deemed to waive Agency's rights under Section 19(a) with respect to any other or additional assignments or sublettings, whether of a similar or dissimilar nature. (iv) The Agency shall not unreasonably withhold its consent to a sublease of the Hotel. No consent by the Agency to any sublease or assignment shall operate to release the Redeveloper or any assignee from any of obligations hereunder undertaken by Redeveloper or assumed by such assignee, except as provided in Section to the contrary.