Business, Debt, Contracts, Etc. The Borrower has not conducted any business other than the business contemplated by the Project Documents to which it is a party, has no outstanding Indebtedness other than Indebtedness incurred under the Financing Agreements or permitted under Section 6.1 and has no other liabilities other than those incurred under the Project Documents or permitted under this Agreement, and is not a party to or bound by any contract other than as contemplated by the Project Documents to which Borrower is a party and those contracts permitted under this Agreement. The Borrower has established offices in the PRC only.
Business, Debt, Contracts, Etc. Borrower has not conducted any business other than the development of the Project and activities incidental thereto, it has no outstanding Debt or other material liabilities other than pursuant to or allowed by the Credit Documents, and it is not a party to or bound by any material contract other than the Operative Documents to which it is a party.
Business, Debt, Contracts, Etc. Each of Borrower and each Project Company has not conducted any business other than the business contemplated by the Operative Documents. Except as reflected in the financial statements delivered to Administrative Agent pursuant to Article 5, none of Borrower nor any Project Company has any outstanding Debt or other material liabilities other than pursuant to or allowed by the Operative Documents. Except as otherwise disclosed, neither Borrower nor any Project Company is a party to or bound by any material contract obligating Borrower or any Project Company, as applicable, to pay more than $100,000 in any fiscal year or $250,000 in the aggregate over the term of such contract other than the Operative Documents and the Financing Documents to which it is a party.
Business, Debt, Contracts, Etc. The Facility Lessee does not conduct any business other than the development, ownership, operation, maintenance, leasing and financing of the Facility and the Facility Site and activities incidental thereto. The Facility Lessee does not have any outstanding Indebtedness or other material liabilities other than pursuant to the Transaction Documents, and is not a party to or bound by any material contract other than the Transaction Documents to which it is a party.
Business, Debt, Contracts, Etc. Neither the Borrower nor any applicable Project Company, as applicable, has conducted any business other than the business contemplated by the Operative Documents or in connection with each Project, has no outstanding Indebtedness or other material liabilities other than pursuant to the Operative Documents and is not a party to or bound by any material contract other than the Operative Documents to which it is a party.
Business, Debt, Contracts, Etc. The Borrower has not conducted any business other than the business contemplated by the Loan Documents. The Borrower has no outstanding Indebtedness other than Indebtedness incurred, disclosed or permitted under the Loan Documents or liabilities other than those incurred, disclosed or permitted under the Loan Documents.
Business, Debt, Contracts, Etc. None of Aladdin Gaming, Holdings or LCNI has conducted any business other than the business contemplated by the Transaction Documents. None of Aladdin Gaming, Holdings or LCNI has any outstanding Indebtedness other than Indebtedness incurred under the Transaction Documents or permitted under the Transaction Documents or liabilities other than those incurred under the Transaction Documents or permitted under the Transaction Documents, and is not a party to or bound by any contract other than as contemplated by the Transaction Documents to which such Person is a party or permitted under the Transaction Documents.
Business, Debt, Contracts, Etc. Neither Greektown Holdings nor its Subsidiaries after being acquired by either Borrower has conducted any business other than the business contemplated by the Operative Documents. Neither Greektown Holdings nor its Subsidiaries has any outstanding Indebtedness other than Indebtedness incurred or permitted under the Loan Documents or liabilities other than those incurred or permitted under the Loan Documents, and is not a party to or bound by any Contract other than as contemplated by the Operative Documents to which such Person is a party or permitted under the Loan Documents.
Business, Debt, Contracts, Etc. The Borrower and its Subsidiaries do not conduct (and, to Borrower’s Knowledge, have not conducted) any business other than the business contemplated by the Operative Documents or the management, ownership, operation and maintenance of the Projects; they have no outstanding Debt (other than Permitted Debt) or other material liabilities other than pursuant to or allowed by the Operative Documents or Applicable Permits; and they are not a party to or bound by any material contract that provides for payments by or to the Borrower or any Subsidiary in excess of $750,000 per year, other than the Operative Documents to which it is a party.
Business, Debt, Contracts, Etc. Neither VCR nor GCCLLC has conducted any business other than the business contemplated by the Operative Documents. The Company has no outstanding Debt other than Debt incurred under the Financing Agreements or permitted under the Financing Agreements and has no other liabilities other than those incurred under the Operative Documents or permitted under the Financing Agreements, and is not a party to or bound by any contract other than as contemplated by the Operative Documents to which the Company is a party and those contracts permitted under this Agreement.
