Common use of Casino Control Act Clause in Contracts

Casino Control Act. Notwithstanding the provisions of Section 111 hereof, each of the provisions of this Indenture is subject to and shall be enforced in compliance with the provisions of the Casino Control Act, to the extent applicable, and the regulations promulgated thereunder, unless such provisions are in conflict with the TIA, in which case the TIA shall control. The Securities are to be held subject to the condition that if a holder thereof is found to be disqualified by the Casino Control Commission pursuant to the provisions of the Casino Control Act, such holder shall dispose of the Securities in accordance with the provisions of Section 1109 hereof. The Company shall have the right to repurchase the Securities at the lowest of (i) the principal amount thereof, (ii) the amount which the Disqualified Holder or beneficial owner paid for the Securities, together with accrued interest up to the date of the determination of disqualification, or (iii) the market value of such Securities.

Casino Control Act. Notwithstanding the provisions of Section 111 hereof, each of the provisions of this Indenture is subject to and shall be enforced in compliance with the provisions of the Casino Control Act, to the extent applicable, and the regulations promulgated thereunder, unless such provisions are in conflict with the TIA, in which case the TIA shall control. The Securities are to be held subject to the condition that if a holder thereof is found to be disqualified by the Casino Control Commission pursuant to the provisions of the Casino Control Act, such holder shall dispose of the Securities in accordance with the provisions of Section 1109 hereof. The Company shall have the right to repurchase the Securities at the lowest of (ia) the principal amount thereof, ; (iib) the amount which the Disqualified Holder or beneficial owner paid for the Securities, together with accrued interest up to the date of the determination of disqualification, ; or (iiic) the market value of such Securities.

Casino Control Act. Notwithstanding the provisions of Section 111 hereof13.08, Section 13.16 and Section 13.17, each of the provisions of this Indenture is subject to and shall be enforced in compliance with the provisions of the Casino Control Act, to the extent applicable, and the regulations promulgated thereunder, unless such provisions are in conflict with the TIA, in which case the TIA shall control. The Securities Notes are to be held subject to the condition that if a holder thereof Holder is found to be disqualified by the Casino Control Commission pursuant to the provisions of the Casino Control Act, such holder Holder shall dispose of the Securities Notes in accordance with the provisions of Section 1109 hereof. The 3.08(a) and the Company shall have the right to repurchase the Securities Notes at the lowest of (ia) the principal amount thereof, (iib) the amount which the Disqualified such Holder or beneficial owner paid for the SecuritiesNotes, together with accrued interest up to the date of the determination of disqualification, or (iiic) the fair market value of such SecuritiesNotes.