Common use of Consultants and Reports Clause in Contracts

Consultants and Reports. (a) The Administrative Agent, in its sole discretion, may remove from time to time the Independent Consultants and appoint replacements as the Administrative Agent may choose in accordance with this Agreement. As soon as practicable, notice of any replacement Independent Consultant shall be given by the Administrative Agent to the Borrower and the Independent Consultant being replaced. All reasonable fees and expenses of the Independent Consultants (whether the original ones or replacements) shall be paid by the Borrower.

Appears in 2 contracts

Samples: Loan Agreement (Tropicana Las Vegas Hotel & Casino, Inc.), Loan Agreement (Tropicana Las Vegas Hotel & Casino, Inc.)

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Consultants and Reports. (a) The Administrative Agent, in its sole discretionwith approval by the Lenders, may remove from time to time the Independent Consultants and shall appoint replacements as the Administrative Agent Lenders may choose in accordance with this Agreement. As soon as practicable, notice of any replacement Independent Consultant shall be given by the Administrative Agent to the Borrower Lenders, and the Independent Consultant being replaced. All reasonable fees and expenses of the Independent Consultants (whether the original ones or replacements) shall be paid by or on behalf of the BorrowerObligors.

Appears in 1 contract

Samples: Possession Credit Agreement

Consultants and Reports. (a) The Administrative Agent, in its sole discretion, may remove from time to time the Independent Consultants and appoint replacements as the Administrative Agent may choose in accordance after consultation with this Agreementthe Borrower. As soon as practicable, notice of any replacement Independent Consultant shall be given by the Administrative Agent to the Borrower and the Independent Consultant being replaced. All reasonable fees and expenses of the Independent Consultants (whether the original ones or replacements) shall be paid by the Borrower.

Appears in 1 contract

Samples: Credit Agreement (Aladdin Gaming Enterprises Inc)

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Consultants and Reports. (a) The Administrative Agent, in its sole discretion, may remove from time to time the Independent Consultants and appoint replacements as the Administrative Agent may choose in accordance with this Agreement. As soon as practicable, notice of any replacement Independent Consultant shall be given by the Administrative Agent to the Borrower Greektown Holdings, and the Independent Consultant being replaced. All reasonable fees and expenses of the Independent Consultants (whether the original ones or replacements) shall be paid by or on behalf of the BorrowerBorrowers.

Appears in 1 contract

Samples: Credit Agreement (New Greektown Holdco LLC)

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