Construction, Operation and Reciprocal Easement Agreement - 范本

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Design/Build Contract

RECORDING REQUESTED

BY AND

WHEN RECORDED MAIL TO:

SKADDEN, ARPS, SLATE, MEAGHER& FLOM LLP
919 Third Avenue
New York, New York 10022
Attention: Wallace L. Schwartz, Esq.

==================================================================

 (Space Above For Recorder's Use)

ALADDIN GAMING/BAZAAR/MUSIC

CONSTRUCTION, OPERATION AND RECIPROCAL

EASEMENT AGREEMENT

by and among

ALADDIN GAMING, LLC,

a Nevada limited-liability company

"Aladdin Gaming"

and

ALADDIN BAZAAR, LLC,

a Delaware limited liability company

"Bazaar Company"

and

ALADDIN MUSIC HOLDINGS, LLC

a Nevada limited-liability company

"Aladdin Music"

 

全文目录如下:

详见正文

 

TABLE OF CONTENTS

 

 

ARTICLE 1  DEFINITIONS

ARTICLE 2  EASEMENTS

2.1 Definitions and Conditions

2.2 Easement: Automobile Parking, Vehicular and Pedestrian Access; Emergency Egress

2.3 Easement: Utilities

2.4 Easement: Construction

2.5 Easement: Maintenance of Common Structural Supports

2.6 Easement: Exterior and Accent Lights

2.7 Easement: Truck Loading Areas

2.8 Easement: Encroachments

2.9 Easement: Roof

2.10 Easement: Setbacks

2.11 Easement: General Integration, Maintenance and Development

2.12 No Dedication of Easements

2.13 Abandonment of Easements

2.14 Granting of Easements to Utility Companies

2.15 Easement: Monorail

2.16 Easement: Signs

ARTICLE 3  CONSTRUCTION OF REDEVELOPED ALADDIN

3.1 General Covenants and Background

3.2 Workmanship

3.3 Coordination

3.4 Interference During Construction

3.5 Optional Improvements and Music Hotel

3.6 Mechanic's Liens

3.7 Construction Bonds

3.8 Temporary Termination of Fire Service

3.9 Indemnity

3.10 Submittal of As-Built Plans and Record Drawings

3.11 Self-Help Cure of Construction Defaults

ARTICLE 4  ALLOCABLE SHARES OF COMMON COSTS

4.1 Payments

4.2 Resolution of Disputes

4.3 Creation of Lien and Personal Obligation for Payment of Allocable Shares

4.4 Adjustments to Allocable Share of Common Costs

ARTICLE 5  CENTRAL ENERGY PLANT

5.1 Construction of Central Energy Plant

5.2 Purchase of Electricity, Chilled Water and Hot Water

5.3 Sale of Excess Electricity, Chilled Water and Hot Water

ARTICLE 6  FLOOR AREA, USE, AND OPERATION

6.1 Floor Area; First and Second Scheduled Opening Dates

6.2 Uses

6.3 Limitation on Detrimental Characteristics

6.4 Operation

6.5 Gaming Activities

6.6 Commercial Subdivision; Taxes and Assessments

6.7 Adjacent Land

ARTICLE 7  COVENANTS AGAINST WASTE

7.1 Waste

7.2 Hazardous Substances

ARTICLE 8  INDEMNIFICATION AND INSURANCE

8.1 Indemnity

8.2 General Liability Insurance

8.3 Property Insurance

8.4 Blanket Insurance

8.5 Controlled Insurance Program

8.6 Mutual Release; Waiver of subrogation

8.7 Named Insureds

ARTICLE 9  REPAIR, MAINTENANCE, ALTERATIONS AND RESTORATION

9.1 Maintenance- Buildings

9.2 Maintenance- Common Parking Area

9.3 Alterations- Buildings and Common Area

9.4 Restoration of Buildings and/or Common Area

9.5 Restoration of Improvements Not Covered by Section 9.4

9.6 Standards of Construction

9.7 Licenses for Repairs, Maintenance, Alterations and Restoration

9.8 Clearing of Building Site

9.9 Self-Help Cure of Maintenance and Restoration Defaults

9.10 Lien

9.11 Article 9 Approvals

ARTICLE 10  FORCE MAJEURE

10.1 Force Majeure

10.2 Notice

ARTICLE 11  DISCHARGE AND RELEASE

11.1 Discharge on Transfer

11.2 Discharge on Involuntary Transfer; Condemnation

11.3 Exceptions to Discharge

11.4 Discharge of Mortgagee

11.5 Aladdin Gaming Released From Operating Covenants

11.6 Bazaar Company Released from Operating Covenants

11.7 Aladdin Music Released from Operating Covenants

11.8 Excuse and Release From Restoration Covenants

11.9 No Waiver

ARTICLE 12  ARBITRATION

12.1 Disputes Covered

12.2 Arbitration Procedures

ARTICLE 13  ATTORNEYS' FEES

13.1 Prevailing Party

ARTICLE 14  NOTICES

14.1 Notices to Parties

ARTICLE 15  MORTGAGEE PROVISIONS

15.1 Mortgagee Notice

ARTICLE 16  AMENDMENT

16.1 Method and Effect of Amendment

16.2 No Third Party Beneficiary

ARTICLE 17  TERMINATION OF REA

ARTICLE 18  EXERCISE OF APPROVAL RIGHTS

ARTICLE 19  EFFECTIVE DATE OF REA

ARTICLE 20  MISCELLANEOUS

20.1 Breach Shall Not Defeat Mortgage

20.2 Breach Shall Not Permit Termination

20.3 Captions

20.4 Interpretation

20.5 Governing Laws and Forum

20.6 Injunctive Relief

20.7 No Partnership

20.8 Not a Public Dedication

20.9 Payment on Default

20.10 Sever ability

20.11 Successors

20.12 Time of Essence

20.13 Waiver of Default

20.14 Rights Cumulative

20.15 Counterparts

20.16 Estoppel Certificates

20.17 Limitation on Liability

20.18 Index

20.19 Compliance With Laws

20.20 Conflicts

 

Exhibit "A-1"  LEGAL DESCRIPTION SITE

Exhibit "A-2"  LEGAL DESCRIPTION GAMING SITE

Exhibit "A-3"  LEGAL DESCRIPTION BAZAAR SITE

Exhibit "A-4"  LEGAL DESCRIPTION ALADDIN MUSIC SITE

Exhibit "A-5"  LEGAL DESCRIPTION UTILITY SITE

Exhibit "A-6"  LEGAL DESCRIPTION OPTIONAL IMPROVEMENTS SITE

Exhibit "B"  SITE PLANS

Exhibit "C"  PLANS AND SPECIFICATIONS

SCHEDULE "I"  ALLOCABLE SHARE OF COMMON COSTS

SCHEDULE "II"  ALLOCABLE SHARE OF REAL ESTATE TAXES

 

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Construction, Operation and Reciprocal Easement Agreement - Aladdin Gaming LLC, Aladdin Bazaar LLC and Aladdin Music Holdings LLC (Feb 26, .docx 下载
发布于 2021-08-18 09:47:18
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