VLT Facility

VLT Facility. For purposes of this Letter of Intent, the term VLT Facility will refer to the new Video Lottery Terminal facility to be located at or adjacent to Underground Atlanta and will be limited to the actual gaming facilities or video lottery venues located within an agreed upon footprint and all entertainment venues, hotels, restaurants, gift shops or other retail stores, food and beverage and all related facilities within such footprint. The footprint shall extend to all four (4) phases as defined... in the Management Agreement. Upon the mutual consent of Owner and Operator, the term "VLT Facility" may be expanded to include any or all of the non-gaming facilities that will be developed and located adjacent to the gaming facilities, including but not limited to entertainment venues, hotels, restaurants, gift shops or other retail stores, food and beverage and all related facilities outside the footprint of the VLT Facility. The term VLT Facility specifically excludes any existing facilities at Underground Atlanta (except those facilities in which the temporary VLT Facility resides) and any third party restaurants, entertainment venues, hotels, gift shops, retail, food and beverage, parking and related facilities. View More