Common use of Authorization of Trustee to Take Other Actions Clause in Contracts

Authorization of Trustee to Take Other Actions. (a) The Trustee is hereby authorized to enter into and take any actions or deliver such consents required by or requested under each of the Collateral Documents and such other documents as directed by the Holders of a majority of outstanding aggregate principal amount of the Notes. If at any time any action by or the consent of the Trustee is required under any of the Collateral Documents or any other document entered into by the Trustee at the direction of a majority of the Holders of outstanding aggregate principal amount of the Notes, such action or consent shall be taken or given by the Trustee upon the consent to such action by the Holders of a majority of outstanding aggregate principal amount of the Notes. (b) Upon the request of the Partnership, the Trustee shall enter into an intercreditor agreement with respect to any FF&E Financing; provided, however, that the Issuers deliver an Officers’ Certificate certifying that (i) such financing will not violate this Indenture or any of the Collateral Documents and (ii) the terms of such intercreditor agreement will not violate this Indenture or any of the Collateral Documents. (c) The Trustee and its directors, officers, employees and Affiliates shall cooperate with all Gaming Authorities and provide such information and documentation as may from time to time be requested thereby.

Authorization of Trustee to Take Other Actions. (a) The Trustee is hereby authorized to enter into and take any actions or deliver such consents required by or requested under each of the Collateral Documents and such other documents as directed by the Holders of a majority of outstanding aggregate principal amount of the Notes. If at any time any action by or the consent of the Trustee is required under any of the Collateral Documents or any other document entered into by the Trustee at the direction of a majority of the Holders of outstanding aggregate principal amount of the Notes, such action or consent shall be taken or given by the Trustee upon the consent to such action by the Holders of a majority of outstanding aggregate principal amount of the Notes. (b) Upon the request of the Partnership, the Trustee shall enter into an intercreditor agreement with respect to any FF&E Financing; provided, however, that the Issuers deliver an Officers’ Certificate certifying that (i) such financing will not violate this Indenture or any of the Collateral Documents and (ii) the terms of such intercreditor agreement will not violate this Indenture or any of the Collateral Documents. (c) The Trustee and its directors, officers, employees and Affiliates shall cooperate with all Gaming Authorities and provide such information and documentation as may from time to time be requested thereby.

Authorization of Trustee to Take Other Actions. (a) The Trustee is hereby authorized to enter into and take any actions or deliver such consents required by or requested under each of the Collateral Documents and the Intercreditor Agreement and such other documents as directed by the Holders of a majority of outstanding aggregate principal amount of the NotesSecurities. If at any time any action by or the consent of the Trustee is required under any of the Collateral Documents Documents, the Intercreditor Agreement or any other document entered into by the Trustee at the direction of a majority of the Holders of outstanding aggregate principal amount of the NotesSecurities, such action or consent shall be taken or given by the Trustee upon the consent to such action by the Holders of a majority of outstanding aggregate principal amount of the NotesTrustee. (b) Upon the request of the PartnershipCompany, the Trustee shall enter into an intercreditor agreement with respect to any FF&E Financing; provided, however, that the Issuers Company deliver an Officers’ Certificate certifying that (i) such financing will not violate this Indenture or any of the Collateral Documents and (ii) the terms of such intercreditor agreement will not violate this Indenture or any of the Collateral Documents. (c) The Trustee and its directors, officers, employees and Affiliates shall cooperate with all Gaming Authorities and provide such information and documentation as may from time to time be requested thereby.