Common use of Commercial Documents Clause in Contracts

Commercial Documents. (a) The Commercial Documents: (i) contain all the terms of the agreement and arrangements between the Head Lessor (and/or any of its Affiliates) and the Borrower (and/or any of its Affiliates) in relation to the acquisition, ownership and development of the Properties by the Borrower; (ii) are (or, in relation to the Head Lease only, on the date of its execution, will be) in full force and effect; and (iii) have not been amended or waived (in whole or in part) and no consent has been given thereunder, save for any which are minor or technical or have been amended or waived in accordance with this Agreement. (b) It is not in, or aware of any, breach of or default under any Commercial Document.

Appears in 3 contracts

Samples: Second Amendment and Restatement Agreement (Las Vegas Sands Corp), Amendment and Restatement Agreement (Las Vegas Sands Corp), Facility Agreement (Las Vegas Sands Corp)

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Commercial Documents. (a) The Commercial Documents: (i) contain all the terms of the agreement and arrangements between the Head Lessor (and/or any of its Affiliates) and the Borrower (and/or any of its Affiliates) in relation to the acquisition, ownership and development of the Properties by the Borrower; (ii) are (or, in relation to the Head Lease only, on the date of its execution, will be) in full force and effect; and (iii) have not been amended or waived (in whole or in part) and no consent has been given thereunder, save for any which are minor or technical or have been amended or waived in accordance with this Agreement. (b) It is not in, or aware of any, breach of or default under any Commercial Document.

Appears in 1 contract

Samples: Facility Agreement (Las Vegas Sands Corp)

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