SECOND AMENDMENT TO SOUTHERN IOWA GAMING CONTRACTAddendum or Modifications |
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CORRAL COUNTRY COIN INC | Southern Iowa Gaming Co., | Herbst Gaming, Inc.,. RealDealDocs™ contains millions of easily searchable legal documents and clauses from top law firms. Search for free - click here. |
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SECOND AMENDMENT TO This second amendment (" Second Amendment ") to the Asset Purchase and Sale Agreement, dated July 20, 2004 (the " Agreement "), by and between Southern Iowa Gaming Co., an Iowa corporation (together with its respective affiliates, " Seller ") and Herbst Gaming, Inc., a Nevada corporation, (" Buyer ") (collectively, the " Parties ") is entered into as of January 25 , 2005. WHEREAS, the Parties acknowledge that a Material Adverse Change, as defined in Section 5.5(a) of the Agreement, has occurred with respect to the Business; and WHEREAS, the Parties desire to amend, modify and supplement the Agreement as set forth below. NOW THEREFORE, the Parties hereby agree as follows: 1. The first sentence of Section 3 of the Agreement is hereby amended so as to delete the words "One Hundred and Eighty One Million Five Hundred and Nineteen Thousand Three Hundred and Eighteen Dollars ($181,519,318.00)" and replace them with the words "One Hundred and Sixty Million Eight Hundred and Nineteen Thousand Three Hundred and Eighteen Dollars ($160,819,318.00)". 2. |
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