Common use of Covenants of Pledgor Clause in Contracts

Covenants of Pledgor. Pledgor shall: (a) Perform each and every covenant in the Loan Documents applicable to Pledgor; (b) At all times keep at least one complete set of its records concerning substantially all of the Pledged Collateral at its Chief Executive Office as set forth in Schedule B hereto, and not change the location of its Chief Executive Office or such records without giving Agent at least thirty (30) days prior written notice thereof; (c) To the extent it may lawfully do so, use its best efforts to prevent the Issuers from issuing Future Rights or Proceeds, except for cash dividends and other distributions, if any, that are not prohibited by the terms of the Loan Agreement to be paid by any Issuer to Pledgor; (d) Upon receipt by Pledgor of any material notice, report, or other communication from any of the Issuers or any Holder relating to all or any part of the Pledged Collateral, deliver such notice, report or other communication to Agent promptly, but in no event later than five (5) days following the receipt thereof by Pledgor; and (e) Not permit any of the Issuers to: (i) authorize the amendment of or amend the Governing Documents of such Issuer that is a general partnership, limited partnership or limited liability company to provide that the Equity Interests of such Issuer is governed by Article 8 of the Code, or (ii) authorize the issuance of or issue certificates evidencing the Equity Interests of such Issuer that is a general partnership, limited partnership or limited liability company.

Covenants of Pledgor. Pledgor shall: (a) Perform each and every covenant in the Loan Documents Indenture applicable to Pledgor; (b) At all times keep at least one complete set of its records concerning substantially all of the Pledged Collateral at its Chief Executive Office as set forth in Schedule B hereto, and not change the location of its Chief Executive Office or jurisdiction of organization or such records without giving Collateral Agent at least thirty (30) days prior written notice thereof; (c) To the extent it may lawfully do so, use its best efforts to prevent the Issuers from issuing Future Rights or Proceeds, except for cash dividends and any other distributions, if any, that are not prohibited by the terms of the Loan Indenture or this Agreement to be paid or otherwise distributed by any Issuer to Pledgor; (d) Upon receipt by Pledgor of any material notice, report, or other communication from any of the Issuers or any Holder relating to all or any part of the Pledged Collateral, deliver such notice, report or other communication to Collateral Agent promptly, but in no event later than five ten (510) days Business Days following the receipt thereof by Pledgor; and. (e) Not permit any of the Issuers to: (i) authorize the amendment of or amend the Governing Documents of such Issuer that is a general partnership, limited partnership or limited liability company to provide that the Equity Interests Stock of such Issuer is governed by Article 8 of the Code, or (ii) authorize the issuance of or issue certificates evidencing the Equity Interests Stock of such Issuer that is a general partnership, limited partnership or limited liability company.

Covenants of Pledgor. Pledgor shall: (a) Perform each and every covenant in the Loan Documents applicable to Pledgor; (b) At all times keep at least one complete set of its records concerning substantially all of the Pledged Collateral at its Chief Executive Office as set forth in Schedule B hereto, and not change the location of its Chief Executive Office or such records without giving Agent Secured Party at least thirty (30) days prior written notice thereof; (c) To the extent it may lawfully do so, use its best efforts to prevent the Issuers Issuer from issuing Future Rights or Proceeds, except for cash dividends and other distributions, if any, that are not prohibited by the terms of the Loan Agreement to be paid by any the Issuer to Pledgor;; and (d) Upon receipt by Pledgor of any material notice, report, or other communication from any of the Issuers Issuer or any Holder relating to all or any part of the Pledged Collateral, deliver such notice, report or other communication to Agent promptlySecured Party as soon as possible, but in no event later than five (5) days following the receipt thereof by Pledgor; and. (e) Not permit any Use its best efforts to obtain all recommendations of the Issuers to: (i) authorize Nevada State Gaming Control Board and approvals of the amendment Nevada Gaming Commission that are required for the pledge of or amend any negative pledge on the Governing Documents stock of Borrower; provided, however, that such Issuer that is a general partnershipbest efforts need not include the obligation to expend money, limited partnership other than in connection with customary procedures for obtaining such recommendations or limited liability company to provide that the Equity Interests of such Issuer is governed by Article 8 of the Code, or (ii) authorize the issuance of or issue certificates evidencing the Equity Interests of such Issuer that is a general partnership, limited partnership or limited liability companyapprovals.

Covenants of Pledgor. Each Pledgor shall: (a) Perform each and every covenant in the Loan Documents applicable to such Pledgor; (b) At all times keep at least one complete set of its records concerning substantially all of the Pledged Collateral at its Chief Executive Office as set forth in Schedule SCHEDULE B hereto, and not change the location of its Chief Executive Office or such records without giving Agent Lender at least thirty fifteen (3015) days prior written notice thereof; (c) To the extent it may lawfully do so, use its best efforts to prevent the Issuers from issuing Future Rights or Proceeds, except for cash dividends and any other distributions, if any, that are not prohibited by the terms of the Loan Agreement to be paid or otherwise distributed by any Issuer to PledgorIssuer; (d) Upon receipt by such Pledgor of any material notice, report, or other communication from any of the Issuers or any Holder relating to all or any part of the Pledged Collateral, deliver such notice, report or other communication to Agent Lender promptly, but in no event later than five (5) days following the receipt thereof by such Pledgor; and. (e) Not permit any of the Issuers to: (i) authorize the amendment of or amend the Governing Documents of such Issuer that is a general partnership, limited partnership or limited liability company to provide that the Equity Interests Stock of such Issuer is governed by Article 8 of the Code, or (ii) authorize the issuance of or issue certificates evidencing the Equity Interests Stock of such Issuer that is a general partnership, limited partnership or limited liability companycompany without the prior written consent of Lender (such consent not to be unreasonably withheld).

Covenants of Pledgor. Pledgor shall: (a) Perform each and every covenant in the Loan Documents applicable to Pledgor; (b) At all times keep at least one complete set of its records concerning substantially all of the Pledged Collateral at its Chief Executive Office as set forth in Schedule B hereto, and not change the location of its Chief Executive Office or such records without giving Agent Secured Party at least thirty (30) days prior written notice thereof; (c) To the extent it may lawfully do so, use its best efforts to prevent the Issuers from issuing Future Rights or Proceeds, except for cash dividends and other distributions, if any, that are not prohibited by the terms of the Loan Agreement to be paid by any Issuer to Pledgor; (d) Upon receipt by Pledgor of any material notice, report, or other communication from any of the Issuers or any Holder relating to all or any part of the Pledged Collateral, deliver such notice, report or other communication to Agent promptlySecured Party as soon as possible, but in no event later than five (5) days following the receipt thereof by Pledgor; and (e) Not permit any Use its best efforts to obtain all recommendations of the Issuers to: (i) authorize Nevada State Gaming Control Board and approvals of the amendment Nevada Gaming Commission that are required for the pledge of or amend any negative pledge on the Governing Documents stock of FSI and FRI; provided, however, that such Issuer that is a general partnershipbest efforts need not include the obligation to expend money, limited partnership other than in connection with customary procedures for obtaining such recommendations or limited liability company to provide that the Equity Interests of such Issuer is governed by Article 8 of the Code, or (ii) authorize the issuance of or issue certificates evidencing the Equity Interests of such Issuer that is a general partnership, limited partnership or limited liability companyapprovals.

Covenants of Pledgor. Pledgor shall: (a) Perform each and every covenant in the Loan Indenture Documents applicable to Pledgor; (b) At all times keep at least one complete set of its records concerning substantially all of the Pledged Collateral at its Chief Executive Office as set forth in Schedule B hereto, and not change the location of its Chief Executive Office or such records without giving Collateral Agent at least thirty (30) days days' prior written notice thereof; (c) To the extent it may lawfully do so, use its best efforts to prevent the Issuers from issuing Future Rights or Proceeds, except for cash dividends and other distributions, if any, that are not prohibited by the terms of the Loan Agreement to be paid by any Issuer to Pledgor; (d) Upon receipt by Pledgor of any material notice, report, or other communication from any of the Issuers or any Holder relating to all or any part of the Pledged Collateral, deliver such notice, report or other communication to Collateral Agent promptly, but in no event later than five (5) days following the receipt thereof by Pledgor; and (ed) Not permit any of the Issuers to: (i) authorize the amendment of or amend the Governing Documents organic documents of such Issuer that is a general partnership, limited partnership or limited liability company to provide that the Equity Interests of such Issuer is governed by Article 8 of the CodeUniform Commercial Code as adopted by the jurisdiction in which such Issuer is formed, or (ii) authorize the issuance of or issue certificates evidencing any of the Equity Interests of such Issuer that is a general partnership, limited partnership or limited liability company, without giving the Collateral Agent at least thirty (30) days' prior written notice thereof.

Covenants of Pledgor. Pledgor shall: (a) Perform each and every covenant in the Loan Documents applicable to Pledgor; (b) At all times keep at least one complete set of its records concerning substantially all of the Pledged Collateral at its Chief Executive Office as set forth in Schedule B hereto, and not change the location of its Chief Executive Office or such records without giving Agent at least thirty (30) days prior written notice thereof; (c) To the extent it may lawfully do so, use its best efforts to prevent the Issuers from issuing Future Rights or Proceeds, except for cash dividends and other distributions, if any, that are not prohibited by the terms of the Loan Agreement to be paid by any Issuer to Pledgor; (d) Upon receipt by Pledgor of any material notice, report, or other communication from any of the Issuers or any Holder relating to all or any part of the Pledged Collateral, deliver such notice, report or other communication to Agent promptly, but in no event later than five (5) days following the receipt thereof by Pledgor; and (e) Not permit any of the Issuers to: (i) authorize the amendment of or amend the Governing Documents of such Issuer that is a general partnership, limited partnership or limited liability company to provide that the Equity Interests of such Issuer is governed by Article 8 of the Code, or (ii) authorize the issuance of or issue certificates evidencing the Equity Interests of such Issuer that is a general partnership, limited partnership or limited liability company.by

Covenants of Pledgor. Pledgor shall: (a) Perform each and every covenant in the Loan Documents applicable to Pledgor; (b) At all times keep at least one complete set of its records concerning substantially all of the Pledged Collateral at its Chief Executive Office as set forth in Schedule B hereto, and not change the location of its Chief Executive Office or such records without giving Agent Lender at least thirty (30) days prior written notice thereof; (c) To the extent it may lawfully do so, use its best efforts to prevent the Issuers from issuing Future Rights or Proceeds, except for cash dividends and other distributions, if any, that are not prohibited by the terms of the Loan Agreement to be paid by any Issuer to Pledgor; (d) Upon receipt by Pledgor of any material notice, report, or other communication from any of the Issuers or any Holder relating to all or any part of the Pledged Collateral, deliver such notice, report or other communication to Agent Lender promptly, but in no event later than five (5) days following the receipt thereof by Pledgor; and (e) Not permit any of To the Issuers toextent it may lawfully do so, (1) with respect to its Subsidiaries, not permit, and (2) with respect to all other Issuers, use commercially reasonable efforts to prevent such entities from: (i) authorize authorizing the amendment of or amend amending the Governing Documents of such any Issuer that is a general partnership, limited partnership or limited liability company to provide that the Equity Interests Stock of such Issuer is governed by Article 8 of the Code, or (ii) authorize authorizing the issuance of or issue issuing certificates evidencing the Equity Interests Stock of such any Issuer that is a general partnership, limited partnership or limited liability company.