Common use of Continuation of business of Principal Resorts Clause in Contracts

Continuation of business of Principal Resorts. The Company must ensure that the Group continues to own and operate the MGM Macau and the MGM Cotai, as integrated casino resorts.

Appears in 2 contracts

Samples: Revolving Credit Facility Agreement (MGM Resorts International), Revolving Credit Facility Agreement (MGM Resorts International)

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Continuation of business of Principal Resorts. The Company must ensure that the Restricted Group continues to own and operate the MGM Macau and and, after its construction, the MGM Cotai, as integrated casino resorts.

Appears in 2 contracts

Samples: Second Supplemental Agreement (MGM Resorts International), Supplemental Agreement (MGM Resorts International)

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Continuation of business of Principal Resorts. The Company must ensure that the Restricted Group continues to own and operate the MGM Macau and and, after its construction, the MGM Cotai, as integrated casino resorts, provided that there shall be no breach of this Clause solely by reason of the occurrence of a Sub-Concession Expiry before 31 March 2022.

Appears in 1 contract

Samples: Fifth Supplemental Agreement (MGM Resorts International)

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