Common use of Application of Gaming Laws and Liquor Laws Clause in Contracts

Application of Gaming Laws and Liquor Laws. This Guaranty is subject to the Gaming Laws and the Liquor Laws. Without limiting the foregoing, the Lenders and Secured Party acknowledge that (i) they are subject to being called forward by the Gaming Board or the Liquor Authorities, in their discretion, for licensing or a finding of suitability or to file or provide other information, and (ii) all right, remedies and powers in or under this Guaranty may be exercised only to the extent that the exercise thereof does not violate any applicable provisions of the Gaming Laws and the Liquor Laws and only to the extent that required approvals (including prior approvals) are obtained from the requisite Gaming Board and the Liquor Authorities. The Lenders and Secured Party agree to cooperate with the Gaming Board and the Liquor Authorities in connection with the provision of such documents or other information as may be requested by such Gaming Board and the Liquor Authorities.

Application of Gaming Laws and Liquor Laws. This Guaranty Agreement is subject to the Gaming Laws and the Liquor Laws. Without limiting the foregoing, the Lenders and Secured Party acknowledge that (i) they are subject to being called forward by the Gaming Board or the Liquor Authorities, in their discretion, for licensing or a finding of suitability or to file or provide other information, and (ii) all rightrights, remedies and powers in or under this Guaranty Agreement may be exercised only to the extent that the exercise thereof does not violate any applicable provisions of the Gaming Laws and the Liquor Laws and only to the extent that required approvals (including prior approvals) are obtained from the requisite Gaming Board Boards and the Liquor Authorities. The Lenders and Secured Party agree to cooperate with the Gaming Board and the Liquor Authorities in connection with the provision of such documents or other information as may be requested by such Gaming Board and the Liquor Authorities.