Common use of DEFINITIONS AND INCORPORATION BY REFERENCE 1 Clause in Contracts

DEFINITIONS AND INCORPORATION BY REFERENCE 1. Section 1.01 Definitions 1 Section 1.02 Other Definitions 40 Section 1.03 Incorporation by Reference of Trust Indenture Act 40 Section 1.04 Rules of Construction 41 ARTICLE 2 THE NOTES 41 Section 2.01 Form and Dating 41 Section 2.02 Execution and Authentication 42 Section 2.03 Registrar and Paying Agent 42 Section 2.04 Paying Agent to Hold Money in Trust 43 Section 2.05 Holder Lists 43 Section 2.06 Transfer and Exchange 43 Section 2.07 Replacement Notes 56 Section 2.08 Outstanding Notes 56 Section 2.09 Treasury Notes 57 Section 2.10 Temporary Notes 57 Section 2.11 Cancellation 57 Section 2.12 Defaulted Interest 57 Section 2.13 CUSIP Numbers 58 ARTICLE 3 REDEMPTION AND PREPAYMENT 58 Section 3.01 Notices to Trustee 58 Section 3.02 Selection of Notes to Be Redeemed or Purchased 58 Section 3.03 Notice of Redemption 59 Section 3.04 Effect of Notice of Redemption 60 Section 3.05 Deposit of Redemption or Purchase Price 60 Section 3.06 Notes Redeemed or Purchased in Part 60 Section 3.07 Optional Redemption 61 Section 3.08 Mandatory Redemption 61 Section 3.09 Offer to Purchase by Application of Excess Proceeds 61 ARTICLE 4 COVENANTS 63 Section 4.01 Payment of Notes 63 Section 4.02 Maintenance of Office or Agency 63 Section 4.03 Provision of Financial Information 64 Section 4.04 Compliance Certificate 66 Section 4.05 Taxes 66 Section 4.06 Stay, Extension and Usury Laws 67 Section 4.07 Restricted Payments 67 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 72 Section 4.09 Incurrence of Indebtedness and Issuance of Preferred Stock 74 Section 4.10 Asset Sales 78 Section 4.11 Transactions with Affiliates 81 Section 4.12 Liens 83 Section 4.13 Lines of Business 83 Section 4.14 Legal Existence 84 Section 4.15 Offer to Repurchase Upon Change of Control 84 Section 4.16 Covenant Termination 85 Section 4.17 Additional Subsidiary Guarantees 86 Section 4.18 Designation of Restricted and Unrestricted Subsidiaries 86 Section 4.19 No Layering 87 Section 4.20 Mandatory Disposition Pursuant to Gaming Laws 87 Section 4.21 Financial Calculations for Limited Condition Acquisitions 87 ARTICLE 5 SUCCESSORS 88 Section 5.01 Merger, Consolidation or Sale of Assets 88 Section 5.02 Successor Person Substituted 89 ARTICLE 6 DEFAULTS AND REMEDIES 90 Section 6.01 Events of Default 90 Section 6.02 Acceleration 91 Section 6.03 Other Remedies 92 Section 6.04 Waiver of Past Defaults 92 Section 6.05 Control by Majority 93 Section 6.06 Limitation on Suits 93 Section 6.07 Rights of Holders of Notes to Receive Payment 93 Section 6.08 Collection Suit by Trustee 94 Section 6.09 Trustee May File Proofs of Claim 94 Section 6.10 Priorities 94 Section 6.11 Undertaking for Costs 95 Section 6.12 Remedies Subject to Applicable Law 95 ARTICLE 7 TRUSTEE 95 Section 7.01 Duties of Trustee 95 Section 7.02 Rights of Trustee 96 Section 7.03 Individual Rights of Trustee 98 Section 7.04 Trustee’s Disclaimer 98 Section 7.05 Notice of Defaults 98 Section 7.06 Reports by Trustee to Holders of the Notes 99 Section 7.07 Compensation and Indemnity 99 Section 7.08 Replacement of Trustee 100 Section 7.09 Successor Trustee by Merger, etc. 101 Section 7.10 Eligibility; Disqualification 101 Section 7.11 Preferential Collection of Claims Against Company 101 ARTICLE 8 LEGAL DEFEASANCE AND COVENANT DEFEASANCE 102 Section 8.01 Option to Effect Legal Defeasance or Covenant Defeasance 102 Section 8.02 Legal Defeasance and Discharge 102 Section 8.03 Covenant Defeasance 103 Section 8.04 Conditions to Legal or Covenant Defeasance 103

DEFINITIONS AND INCORPORATION BY REFERENCE 1. Section 1.01 1.01. Definitions 1 Section 1.02 1.02. Other Definitions 40 17 Section 1.03 1.03. Incorporation by Reference of Trust Indenture Act 40 18 Section 1.04 1.04. Rules of Construction 41 18 ARTICLE 2 2. THE NOTES 41 19 Section 2.01 2.01. Form and Dating 41 19 Section 2.02 2.02. Execution and Authentication 42 20 Section 2.03 2.03. Registrar and Paying Agent 42 20 Section 2.04 2.04. Paying Agent to Hold Money in Trust 43 20 Section 2.05 2.05. Holder Lists 43 21 Section 2.06 2.06. Transfer and Exchange 43 21 Section 2.07 2.07. Replacement Notes 56 31 Section 2.08 2.08. Outstanding Notes 56 31 Section 2.09 2.09. Treasury Notes 57 32 Section 2.10 2.10. Temporary Notes 57 32 Section 2.11 2.11. Cancellation 57 32 Section 2.12 2.12. Defaulted Interest 57 32 Section 2.13 2.13. CUSIP or ISIN Numbers 58 32 Section 2.14 Additional Interest 32 ARTICLE 3 3. REDEMPTION AND PREPAYMENT 58 33 Section 3.01 3.01. Notices to Trustee 58 33 Section 3.02 3.02. Selection of Notes to Be Redeemed or Purchased 58 33 Section 3.03 3.03. Notice of Redemption 59 33 Section 3.04 3.04. Effect of Notice of Redemption 60 34 Section 3.05 3.05. Deposit of Redemption or Purchase Price 60 34 Section 3.06 Notes Redeemed or Purchased in Part 60 34 Section 3.07 3.07. Optional Redemption 61 34 Section 3.08 3.08. Mandatory Redemption 61 35 Section 3.09 3.09. Offer to To Purchase by Application of Excess Proceeds 61 35 ARTICLE 4 4. COVENANTS 63 36 Section 4.01 4.01. Payment of Notes 63 36 Section 4.02 4.02. Maintenance of Office or Agency 63 37 Section 4.03 Provision of Financial Information 64 4.03. Reports 37 Section 4.04 4.04. Compliance Certificate 66 38 Section 4.05 4.05. Taxes 66 38 Section 4.06 4.06. Stay, Extension and Usury Laws 67 38 Section 4.07 4.07. Corporate Existence 39 Section 4.08. Payments for Consent 39 Section 4.09. Incurrence of Indebtedness and Issuance of Preferred Stock 39 Section 4.10. Restricted Payments 67 41 Section 4.08 4.11. Liens 43 Section 4.12. Asset Sales 43 Section 4.13. Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 72 45 Section 4.09 Incurrence of Indebtedness and Issuance of Preferred Stock 74 Section 4.10 Asset Sales 78 Section 4.11 4.14. Transactions with Affiliates 81 46 Section 4.12 Liens 83 4.15. Sale and Leaseback Transactions 47 Section 4.13 Lines 4.16. Issuances and Sales of Business 83 Capital Stock of Restricted Subsidiaries 47 Section 4.14 Legal Existence 84 Section 4.15 Offer to Repurchase Upon Change of Control 84 Section 4.16 Covenant Termination 85 Section 4.17 Additional Subsidiary Guarantees 86 Section 4.18 4.17. Designation of Restricted and Unrestricted Subsidiaries 86 Section 4.19 No Layering 87 Section 4.20 Mandatory Disposition Pursuant to Gaming Laws 87 Section 4.21 Financial Calculations for Limited Condition Acquisitions 87 ARTICLE 5 SUCCESSORS 88 Section 5.01 Merger, Consolidation or Sale of Assets 88 Section 5.02 Successor Person Substituted 89 ARTICLE 6 DEFAULTS AND REMEDIES 90 Section 6.01 Events of Default 90 Section 6.02 Acceleration 91 Section 6.03 Other Remedies 92 Section 6.04 Waiver of Past Defaults 92 Section 6.05 Control by Majority 93 Section 6.06 Limitation on Suits 93 Section 6.07 Rights of Holders of Notes to Receive Payment 93 Section 6.08 Collection Suit by Trustee 94 Section 6.09 Trustee May File Proofs of Claim 94 Section 6.10 Priorities 94 Section 6.11 Undertaking for Costs 95 Section 6.12 Remedies Subject to Applicable Law 95 ARTICLE 7 TRUSTEE 95 Section 7.01 Duties of Trustee 95 Section 7.02 Rights of Trustee 96 Section 7.03 Individual Rights of Trustee 98 Section 7.04 Trustee’s Disclaimer 98 Section 7.05 Notice of Defaults 98 Section 7.06 Reports by Trustee to Holders of the Notes 99 Section 7.07 Compensation and Indemnity 99 Section 7.08 Replacement of Trustee 100 Section 7.09 Successor Trustee by Merger, etc. 101 Section 7.10 Eligibility; Disqualification 101 Section 7.11 Preferential Collection of Claims Against Company 101 ARTICLE 8 LEGAL DEFEASANCE AND COVENANT DEFEASANCE 102 Section 8.01 Option to Effect Legal Defeasance or Covenant Defeasance 102 Section 8.02 Legal Defeasance and Discharge 102 Section 8.03 Covenant Defeasance 103 Section 8.04 Conditions to Legal or Covenant Defeasance 10347

DEFINITIONS AND INCORPORATION BY REFERENCE 1. Section 1.01 Definitions 1 Section 1.02 Other Definitions 40 Section 1.03 Incorporation by Reference of Trust Indenture Act 40 26 Section 1.04 1.03 Rules of Construction 41 26 ARTICLE 2 THE NOTES 41 27 Section 2.01 Form and Dating 41 27 Section 2.02 Execution and Authentication 42 27 Section 2.03 Registrar and Paying Agent 42 28 Section 2.04 Paying Agent to To Hold Money Assets in Trust 43 28 Section 2.05 Holder Noteholder Lists 43 29 Section 2.06 Transfer and Exchange 43 29 Section 2.07 Replacement Notes 56 29 Section 2.08 Outstanding Notes 56 30 Section 2.09 Treasury Notes 57 30 Section 2.10 Temporary Notes 57 30 Section 2.11 Cancellation 57 30 Section 2.12 Defaulted Interest 57 31 Section 2.13 Deposit of Moneys 31 Section 2.14 CUSIP Numbers 58 Number 31 Section 2.15 Book-Entry Provisions for Global Notes 32 Section 2.16 Registration of Transfers and Exchanges 32 Section 2.17 Restrictive Legends 36 ARTICLE 3 REDEMPTION AND PREPAYMENT 58 38 Section 3.01 Notices to Trustee 58 38 Section 3.02 Selection of Notes to Be be Redeemed or Purchased 58 38 Section 3.03 Notice of Redemption 59 38 Section 3.04 Effect of Notice of Redemption 60 39 Section 3.05 Deposit of Redemption or Purchase Price 60 39 Section 3.06 Notes Redeemed or Purchased in Part 60 Section 3.07 Optional Redemption 61 Section 3.08 Mandatory Redemption 61 Section 3.09 Offer to Purchase by Application of Excess Proceeds 61 40 ARTICLE 4 COVENANTS 63 40 Section 4.01 Payment of Notes 63 40 Section 4.02 Reports to Holders 40 Section 4.03 Waiver of Stay, Extension or Usury Laws 41 Section 4.04 Compliance Certificate; Notice of Default; Tax Information 41 Section 4.05 Payment of Taxes and Other Claims 42 Section 4.06 Corporate Existence 42 Section 4.07 Maintenance of Office or Agency 63 43 Section 4.03 Provision 4.08 Compliance with Laws 43 Section 4.09 Maintenance of Financial Information 64 Properties and Insurance 43 Section 4.04 Compliance Certificate 66 4.10 Limitations on Additional Indebtedness 44 Section 4.05 Taxes 66 Section 4.06 Stay, Extension and Usury Laws 67 Section 4.07 4.11 Limitations on Restricted Payments 67 46 Section 4.08 4.12 Limitations on Asset Sales 48 Section 4.13 Limitations on Transactions with Affiliates 51 Table of Contents (continued) Section 4.14 Limitation on Liens 53 Section 4.15 Change of Control 53 Section 4.16 Limitations on Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 72 55 Section 4.09 Incurrence of Indebtedness and Issuance of Preferred Stock 74 4.17 [RESERVED] 56 Section 4.10 Asset Sales 78 Section 4.11 Transactions with Affiliates 81 Section 4.12 Liens 83 Section 4.13 Lines 4.18 Conduct of Business 83 56 Section 4.14 Legal Existence 84 Section 4.15 Offer to Repurchase Upon Change of Control 84 Section 4.16 Covenant Termination 85 Section 4.17 Additional Subsidiary Guarantees 86 Section 4.18 4.19 Limitations on Designation of Restricted and Unrestricted Subsidiaries 86 Section 4.19 No Layering 87 56 Section 4.20 Mandatory Disposition Pursuant to Gaming Laws 87 Additional Note Guarantees 57 Section 4.21 Financial Calculations for Limited Condition Acquisitions 87 Limitations on Layering Indebtedness 58 Section 4.22 Covenant Suspension 58 ARTICLE 5 SUCCESSORS 88 SUCCESSOR CORPORATION 59 Section 5.01 MergerLimitations on Mergers, Consolidation or Sale of Assets 88 Consolidations, Etc. 59 Section 5.02 Successor Person Substituted 89 60 ARTICLE 6 DEFAULTS AND REMEDIES 90 61 Section 6.01 Events of Default 90 61 Section 6.02 Acceleration 91 62 Section 6.03 Other Remedies 92 63 Section 6.04 Waiver of Past Defaults 92 and Events of Default 63 Section 6.05 Control by Majority 93 64 Section 6.06 Limitation on Suits 93 64 Section 6.07 Rights of Holders of Notes to To Receive Payment 93 65 Section 6.08 Collection Suit by Trustee 94 65 Section 6.09 Trustee May File Proofs of Claim 94 65 Section 6.10 Priorities 94 65 Section 6.11 Undertaking for Costs 95 Section 6.12 Remedies Subject to Applicable Law 95 66 ARTICLE 7 TRUSTEE 95 66 Section 7.01 Duties of Trustee 95 66 Section 7.02 Rights of Trustee 96 67 Section 7.03 Individual Rights of Trustee 98 69 Section 7.04 Trustee’s Disclaimer 98 69 Section 7.05 Notice of Defaults 98 69 Section 7.06 Reports by Trustee to Holders of the Notes 99 69 Section 7.07 Compensation and Indemnity 99 70 Section 7.08 Replacement of Trustee 100 70 Section 7.09 Successor Trustee by MergerConsolidation, etc. 101 Merger or Conversion 71 Section 7.10 Eligibility; Disqualification 101 71 Section 7.11 Preferential Collection of Claims Against Company 101 the Issuer 72 ARTICLE 8 LEGAL DEFEASANCE AMENDMENTS, SUPPLEMENTS AND COVENANT DEFEASANCE 102 WAIVERS 72 Section 8.01 Option to Effect Legal Defeasance or Covenant Defeasance 102 Without Consent of Holders 72 Section 8.02 Legal Defeasance and Discharge 102 With Consent of Holders 73 Section 8.03 Covenant Defeasance 103 Compliance with TIA 74 Section 8.04 Conditions to Legal Revocation and Effect of Consents 74 Section 8.05 Notation on or Covenant Defeasance 103Exchange of Notes 74 Section 8.06 Trustee To Sign Amendments, etc. 74 Table of Contents (continued)

DEFINITIONS AND INCORPORATION BY REFERENCE 1. Section 1.01 Definitions 1 Section 1.02 Other Definitions 40 22 Section 1.03 Incorporation by Reference of Trust Indenture Act 40 23 Section 1.04 Rules of Construction 41 23 ARTICLE 2 II. THE NOTES 41 24 Section 2.01 Form Amount Unlimited; Issuable in Series 24 Section 2.02 Denominations 26 Section 2.03 Forms 26 Section 2.04 Execution, Authentication, Delivery and Dating 41 28 Section 2.02 Execution and Authentication 42 Section 2.03 2.05 Registrar and Paying Agent 42 Agent; Depositary 30 Section 2.04 2.06 Paying Agent to Hold Money in Trust 43 30 Section 2.05 2.07 Holder Lists 43 31 Section 2.06 2.08 Transfer and Exchange 43 31 Section 2.07 2.09 Replacement Notes 56 46 Section 2.08 2.10 Outstanding Notes 56 46 Section 2.09 2.11 Original Issue Discount, Foreign-Currency Denominated and Treasury Notes 57 46 Section 2.10 2.12 Temporary Notes 57 46 Section 2.11 2.13 Cancellation 57 47 Section 2.12 2.14 Payments; Defaulted Interest 57 47 Section 2.13 CUSIP Numbers 58 2.15 Persons Deemed Owners 47 Section 2.16 Computation of Interest 48 ARTICLE 3 III. REDEMPTION AND PREPAYMENT 58 48 Section 3.01 Notices to Trustee 58 Redemption 48 Section 3.02 Applicability of Article 48 Section 3.03 Notice to the Trustee 48 Section 3.04 Selection of Notes to Be be Redeemed or Purchased 58 48 Section 3.03 3.05 Notice of Redemption 59 49 Section 3.04 3.06 Effect of Notice of Redemption 60 49 Section 3.05 3.07 Deposit of Redemption or Purchase Price 60 49 Section 3.06 3.08 Notes Redeemed or Purchased in Part 60 Section 3.07 Optional Redemption 61 Section 3.08 Mandatory Redemption 61 50 Section 3.09 Offer to Purchase by Application of Excess Proceeds 61 Notes 50 ARTICLE 4 IV. COVENANTS 63 50 Section 4.01 Payment of Notes 63 50 Section 4.02 Maintenance of Office or Agency 63 51 Section 4.03 Provision of SEC Reports; Financial Information 64 Statements 51 Section 4.04 Compliance Certificate 66 52 Section 4.05 Taxes 66 Existence 52 Section 4.06 Waiver of Stay, Extension and or Usury Laws 67 53 Section 4.07 Restricted Payments 67 Additional Amounts 53 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 72 Change of Control 53 Section 4.09 Incurrence of Indebtedness and Issuance of Preferred Stock 74 Asset Sales 56 Section 4.10 Asset Sales 78 Limitation on Liens 58 Section 4.11 Restriction on Sale-Leasebacks 58 Section 4.12 Limitation on Transactions with Affiliates 81 Section 4.12 Liens 83 Section 4.13 Lines of Business 83 Section 4.14 Legal Existence 84 Section 4.15 Offer to Repurchase Upon Change of Control 84 Section 4.16 Covenant Termination 85 Section 4.17 Additional Subsidiary Guarantees 86 Section 4.18 Designation of Restricted and Unrestricted Subsidiaries 86 Section 4.19 No Layering 87 Section 4.20 Mandatory Disposition Pursuant to Gaming Laws 87 Section 4.21 Financial Calculations for Limited Condition Acquisitions 87 59 ARTICLE 5 V. SUCCESSORS 88 61 Section 5.01 Merger, Consolidation or Sale of Assets 88 61 Section 5.02 Successor Person Substituted 89 62 Section 5.03 Subsidiary Guarantors 62 ARTICLE 6 VI. DEFAULTS AND REMEDIES 90 64 Section 6.01 Events of Default 90 64 Section 6.02 Acceleration 91 66 Section 6.03 Other Remedies 92 66 Section 6.04 Waiver of Past Defaults 92 67 Section 6.05 Control by Majority 93 67 Section 6.06 Limitation Limitations on Suits 93 67 Section 6.07 Rights of Holders of Notes to Receive Payment 93 68 Section 6.08 Collection Suit by Trustee 94 68 Section 6.09 Trustee May File Proofs of Claim 94 68 Section 6.10 Priorities 94 68 Section 6.11 Undertaking for Costs 95 Section 6.12 Remedies Subject to Applicable Law 95 69 ARTICLE 7 VII. TRUSTEE 95 69 Section 7.01 Duties of Trustee 95 69 Section 7.02 Rights of Trustee 96 70 Section 7.03 Individual Rights of Trustee 98 May Hold Notes 72 Section 7.04 Trustee’s Disclaimer 98 72 Section 7.05 Notice of Defaults 98 72 Section 7.06 Reports by Trustee to Holders of the Notes 99 73 Section 7.07 Compensation and Indemnity 99 73 Section 7.08 Replacement of Trustee 100 74 Section 7.09 Successor Trustee by Merger, etc. 101 75 Section 7.10 Eligibility; Disqualification 101 76 Section 7.11 Preferential Collection of Claims Against Company 101 ARTICLE 8 LEGAL DEFEASANCE AND COVENANT DEFEASANCE 102 the Partnership or a Subsidiary Guarantor 76 Section 8.01 Option to Effect Legal Defeasance or Covenant Defeasance 102 7.12 Tax Withholding 76 Section 8.02 Legal Defeasance and Discharge 102 Section 8.03 Covenant Defeasance 103 Section 8.04 Conditions to Legal or Covenant Defeasance 1037.13 Appointment of Co-Trustee 77

DEFINITIONS AND INCORPORATION BY REFERENCE 1. Section 1.01 SECTION 1.1. Definitions 1 Section 1.02 SECTION 1.2. Other Definitions 40 Section 1.03 Incorporation by Reference of 60 SECTION 1.3. Trust Indenture Act 40 Section 1.04 62 SECTION 1.4. Rules of Construction 41 ARTICLE 2 THE NOTES 41 Section 2.01 Form 62 SECTION 1.5. Certain Calculations; Limited Conditionality 62 SECTION 2.1. Form, Dating and Dating 41 Section 2.02 Terms 64 SECTION 2.2. Execution and Authentication 42 Section 2.03 71 SECTION 2.3. Registrar and Paying Agent 42 Section 2.04 72 SECTION 2.4. Paying Agent to Hold Money in Trust 43 Section 2.05 72 SECTION 2.5. Holder Lists 43 Section 2.06 73 SECTION 2.6. Transfer and Exchange 43 Section 2.07 Replacement 73 SECTION 2.7. Form of Certificate to be Delivered upon Termination of Restricted Period 77 SECTION 2.8. [Reserved] 78 SECTION 2.9. Form of Certificate to be Delivered in Connection with Transfers Pursuant to Regulation S 78 SECTION 2.10. [Reserved] 79 SECTION 2.11. Mutilated, Destroyed, Lost or Stolen Notes 56 Section 2.08 79 SECTION 2.12. Outstanding Notes 56 Section 2.09 Treasury Notes 57 Section 2.10 80 SECTION 2.13. Temporary Notes 57 Section 2.11 81 SECTION 2.14. Cancellation 57 Section 2.12 81 SECTION 2.15. Payment of Interest; Defaulted Interest 57 Section 2.13 81 SECTION 2.16. CUSIP and ISIN Numbers 58 ARTICLE 3 REDEMPTION AND PREPAYMENT 58 Section 3.01 82 SECTION 2.17. Joint and Several Liability 83 SECTION 3.1. Payment of Notes 83 SECTION 3.2. Limitation on Indebtedness 83 SECTION 3.3. Limitation on Restricted Payments 89 SECTION 3.4. Limitation on Restrictions on Distributions from Restricted Subsidiaries 98 SECTION 3.5. Limitation on Sales of Assets and Subsidiary Stock 101 SECTION 3.6. Limitation on Liens 107 SECTION 3.7. Limitation on Guarantees 107 SECTION 3.8. Limitation on Affiliate Transactions 109 SECTION 3.9. Change of Control 113 SECTION 3.10. Reports 116 SECTION 3.11. Maintenance of Office or Agency 119 SECTION 3.12. Compliance Certificate 119 SECTION 3.13. Further Instruments and Acts 120 SECTION 3.14. Statement by Officers as to Default 120 SECTION 3.15. Suspension of Certain Covenants 120 SECTION 3.16. Designation of Restricted and Unrestricted Subsidiaries 121 SECTION 3.17. Payment of Taxes 122 SECTION 3.18. [Reserved] 122 SECTION 3.19. Corporate Existence 122 SECTION 4.1. Merger and Consolidation 122 SECTION 5.1. Notices to Trustee 58 Section 3.02 125 SECTION 5.2. Selection of Notes to Be Redeemed or Purchased 58 Section 3.03 125 SECTION 5.3. Notice of Redemption 59 Section 3.04 126 SECTION 5.4. Effect of Notice of Redemption 60 Section 3.05 127 SECTION 5.5. Deposit of Redemption or Purchase Price 60 Section 3.06 127 SECTION 5.6. Notes Redeemed or Purchased in Part 60 Section 3.07 128 SECTION 5.7. Optional Redemption 61 Section 3.08 128 SECTION 5.8. Mandatory Redemption 61 Section 3.09 Offer to Purchase by Application of Excess Proceeds 61 ARTICLE 4 COVENANTS 63 Section 4.01 Payment of Notes 63 Section 4.02 Maintenance of Office or Agency 63 Section 4.03 Provision of Financial Information 64 Section 4.04 Compliance Certificate 66 Section 4.05 Taxes 66 Section 4.06 Stay, Extension and Usury Laws 67 Section 4.07 Restricted Payments 67 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 72 Section 4.09 Incurrence of Indebtedness and Issuance of Preferred Stock 74 Section 4.10 Asset Sales 78 Section 4.11 Transactions with Affiliates 81 Section 4.12 Liens 83 Section 4.13 Lines of Business 83 Section 4.14 Legal Existence 84 Section 4.15 Offer to Repurchase Upon Change of Control 84 Section 4.16 Covenant Termination 85 Section 4.17 Additional Subsidiary Guarantees 86 Section 4.18 Designation of Restricted and Unrestricted Subsidiaries 86 Section 4.19 No Layering 87 Section 4.20 Mandatory Disposition Pursuant to Gaming Laws 87 Section 4.21 Financial Calculations for Limited Condition Acquisitions 87 ARTICLE 5 SUCCESSORS 88 Section 5.01 Merger, Consolidation or Sale of Assets 88 Section 5.02 Successor Person Substituted 89 ARTICLE 6 DEFAULTS AND REMEDIES 90 Section 6.01 129 SECTION 6.1. Events of Default 90 Section 6.02 129 SECTION 6.2. Acceleration 91 Section 6.03 132 SECTION 6.3. Other Remedies 92 Section 6.04 133 SECTION 6.4. Waiver of Past Defaults 92 Section 6.05 134 SECTION 6.5. Control by Majority 93 Section 6.06 134 SECTION 6.6. Limitation on Suits 93 Section 6.07 134 SECTION 6.7. Rights of Holders of Notes to Receive Payment 93 Section 6.08 135 SECTION 6.8. Collection Suit by Trustee 94 Section 6.09 135 SECTION 6.9. Trustee May File Proofs of Claim 94 Section 6.10 135 SECTION 6.10. Priorities 94 Section 6.11 136 SECTION 6.11. Undertaking for Costs 95 Section 6.12 Remedies Subject to Applicable Law 95 ARTICLE 7 TRUSTEE 95 Section 7.01 136 SECTION 7.1. Duties of Trustee 95 Section 7.02 136 SECTION 7.2. Rights of Trustee 96 Section 7.03 137 SECTION 7.3. Individual Rights of Trustee 98 Section 7.04 139 SECTION 7.4. Trustee’s Disclaimer 98 Section 7.05 139 SECTION 7.5. Notice of Defaults 98 Section 7.06 Reports by Trustee to Holders of the Notes 99 Section 7.07 140 SECTION 7.6. [Reserved] 140 SECTION 7.7. Compensation and Indemnity 99 Section 7.08 140 SECTION 7.8. Replacement of Trustee 100 Section 7.09 141 SECTION 7.9. Successor Trustee by Merger, etcMerger 142 SECTION 7.10. 101 Section 7.10 Eligibility; Disqualification 101 Section 7.11 Preferential Collection of Claims Against 142 SECTION 7.11. [Reserved] 142 SECTION 7.12. Trustee’s Application for Instruction from the Company 101 ARTICLE 8 LEGAL DEFEASANCE AND COVENANT DEFEASANCE 102 Section 8.01 142 SECTION 7.13. Collateral Documents; Intercreditor Agreements 142 SECTION 8.1. Option to Effect Legal Defeasance or Covenant Defeasance; Defeasance 102 Section 8.02 143 SECTION 8.2. Legal Defeasance and Discharge 102 Section 8.03 143 SECTION 8.3. Covenant Defeasance 103 Section 8.04 144 SECTION 8.4. Conditions to Legal or Covenant Defeasance 103144

DEFINITIONS AND INCORPORATION BY REFERENCE 1. Section 1.01 Definitions 1.1 Definitions. 1 Section 1.02 Other Definitions 40 Section 1.03 1.2 Incorporation by Reference of Trust Indenture Act 40 TIA. 29 Section 1.04 1.3 Rules of Construction 41 ARTICLE 2 THE NOTES 41 Construction. 29 Section 2.01 2.1 Form and Dating 41 Dating. 29 Section 2.02 2.2 Execution and Authentication 42 Authentication. 30 Section 2.03 2.3 Registrar and Paying Agent 42 Agent. 31 Section 2.04 2.4 Paying Agent to Hold Money Assets in Trust 43 Trust. 32 Section 2.05 Holder Lists 43 2.5 Noteholder Lists. 32 Section 2.06 2.6 Transfer and Exchange 43 Exchange. 32 Section 2.07 2.7 Replacement Notes 56 Notes. 38 Section 2.08 2.8 Outstanding Notes 56 Notes. 38 Section 2.09 2.9 Treasury Notes 57 Notes. 39 Section 2.10 Temporary Notes 57 Notes. 39 Section 2.11 Cancellation 57 Cancellation. 39 Section 2.12 Defaulted Interest 57 Interest. 39 Section 2.13 CUSIP Numbers 58 ARTICLE 3 REDEMPTION AND PREPAYMENT 58 Numbers. 40 Section 3.01 2.14 Issuance of Additional Notes 40 Section 3.1 Notices to Trustee 58 Trustee. 41 Section 3.02 3.2 Selection of Notes to Be Redeemed or Purchased 58 Redeemed. 41 Section 3.03 3.3 Notice of Redemption 59 Redemption. 41 Section 3.04 3.4 Effect of Notice of Redemption 60 Redemption. 42 Section 3.05 3.5 Deposit of Redemption or Purchase Price 60 Price. 42 Section 3.06 3.6 Notes Redeemed or Purchased in Part 60 Part. 43 Section 3.07 3.7 Right of Redemption. 43 Section 3.8 Optional Tax Redemption 61 43 Section 3.08 Mandatory Redemption 61 3.9 Notices to SGX-ST. 44 Section 3.09 Offer to Purchase by Application of Excess Proceeds 61 ARTICLE 4 COVENANTS 63 Section 4.01 4.1 Payment of Notes 63 Notes. 44 Section 4.02 4.2 Maintenance of Office or Agency 63 Agency. 45 Section 4.03 Provision 4.3 Corporate and Partnership Existence. 45 Section 4.4 Payment of Financial Information 64 Taxes and Other Claims. 45 Section 4.04 4.5 Maintenance of Properties and Insurance. 46 Section 4.6 Compliance Certificate 66 Certificate; Notice of Default. 46 Section 4.05 Taxes 66 4.7 Reports. 47 Section 4.06 4.8 [Reserved] 47 Section 4.9 Limitation on Indebtedness. 48 Section 4.10 Limitation on Restricted Payments. 51 Section 4.11 Limitation on Affiliate Transactions. 54 Section 4.12 Limitations on Restrictions on Distributions from Restricted Subsidiaries. 55 Section 4.13 Limitation on Sale of Assets and Subsidiary Stock. 57 Section 4.14 Waiver of Stay, Extension and or Usury Laws 67 Laws. 60 Section 4.07 Restricted Payments 67 4.15 Limitation on sale of capital stock of restricted subsidiaries. 60 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 72 4.16 Limitation on sale/leaseback transactions. 60 Section 4.09 Incurrence of Indebtedness and Issuance of Preferred Stock 74 4.17 Limitation on Liens. 61 Section 4.10 Asset Sales 78 4.18 Future Subsidiary Guarantors. 61 Section 4.11 Transactions with Affiliates 81 Section 4.12 Liens 83 Section 4.13 4.19 Limitation on Lines of Business 83 Section 4.14 Legal Existence 84 Section 4.15 Offer to Repurchase Upon Change of Control 84 Section 4.16 Covenant Termination 85 Section 4.17 Additional Subsidiary Guarantees 86 Section 4.18 Designation of Restricted and Unrestricted Subsidiaries 86 Section 4.19 No Layering 87 Business. 61 Section 4.20 Mandatory Disposition Pursuant to Gaming Laws 87 Additional Covenants. 61 Section 4.21 Financial Calculations Rule 144A Information Requirement. 62 Section 4.22 Additional Amounts. 62 Section 4.23 Payments for Limited Condition Acquisitions 87 ARTICLE 5 SUCCESSORS 88 Consent. 65 Section 5.01 4.24 Indemnification of Judgment Currency. 65 Section 5.1 Limitation on Merger, Consolidation Sale or Sale of Assets 88 Consolidation. 65 Section 5.02 5.2 Successor Person Substituted 89 ARTICLE 6 DEFAULTS AND REMEDIES 90 Section 6.01 Events of Default 90 Section 6.02 Acceleration 91 Section 6.03 Other Remedies 92 Section 6.04 Waiver of Past Defaults 92 Section 6.05 Control by Majority 93 Section 6.06 Limitation on Suits 93 Section 6.07 Rights of Holders of Notes to Receive Payment 93 Section 6.08 Collection Suit by Trustee 94 Section 6.09 Trustee May File Proofs of Claim 94 Section 6.10 Priorities 94 Section 6.11 Undertaking for Costs 95 Section 6.12 Remedies Subject to Applicable Law 95 ARTICLE 7 TRUSTEE 95 Section 7.01 Duties of Trustee 95 Section 7.02 Rights of Trustee 96 Section 7.03 Individual Rights of Trustee 98 Section 7.04 Trustee’s Disclaimer 98 Section 7.05 Notice of Defaults 98 Section 7.06 Reports by Trustee to Holders of the Notes 99 Section 7.07 Compensation and Indemnity 99 Section 7.08 Replacement of Trustee 100 Section 7.09 Successor Trustee by Merger, etcCorporation Substituted. 101 Section 7.10 Eligibility; Disqualification 101 Section 7.11 Preferential Collection of Claims Against Company 101 ARTICLE 8 LEGAL DEFEASANCE AND COVENANT DEFEASANCE 102 Section 8.01 Option to Effect Legal Defeasance or Covenant Defeasance 102 Section 8.02 Legal Defeasance and Discharge 102 Section 8.03 Covenant Defeasance 103 Section 8.04 Conditions to Legal or Covenant Defeasance 10367

DEFINITIONS AND INCORPORATION BY REFERENCE 1. Section 1.01 1.1 Definitions 1 Section 1.02 Other Definitions 40 Section 1.03 Incorporation by Reference of Trust Indenture Act 40 Section 1.04 1.2 Rules of Construction 41 10 ARTICLE 2 THE NOTES 41 AND THE GUARANTEE 11 Section 2.01 2.1 Title and Terms 11 Section 2.2 Forms of Notes 12 Section 2.3 Selling Restrictions; Legends 13 Section 2.4 Form and Dating 41 of Guarantee 14 Section 2.02 Execution and Authentication 42 2.5 Book-Entry Provisions for the Global Notes 15 Section 2.03 Registrar and Paying Agent 42 Section 2.04 Paying Agent to Hold Money in Trust 43 Section 2.05 Holder Lists 43 Section 2.06 Transfer and Exchange 43 Section 2.07 Replacement Notes 56 Section 2.08 Outstanding Notes 56 Section 2.09 Treasury Notes 57 Section 2.10 Temporary Notes 57 Section 2.11 Cancellation 57 Section 2.12 2.6 Defaulted Interest 57 17 Section 2.13 CUSIP 2.7 Execution of Guarantee 17 Section 2.8 Add On Notes 17 Section 2.9 ISIN Numbers 58 and Common Codes 19 ARTICLE 3 ADDITIONAL COVENANTS 20 Section 3.1 Payment of Additional Tax Amounts 20 Section 3.2 Stamp Tax 21 Section 3.3 Corporate Existence 21 Section 3.4 Certificates of the Issuer and the Guarantor 21 Section 3.5 Guarantor To Be the Sole Equityholder of the Issuer 21 Section 3.6 Limitation on Liens 22 Section 3.7 Limitation on Sales and Leasebacks 22 Section 3.8 Waiver of Stay or Extension Laws 23 ARTICLE 4 REDEMPTION AND PREPAYMENT 58 OF NOTES 23 Section 3.01 Notices to Trustee 58 4.1 Optional Redemption 23 Section 3.02 Selection of Notes to Be Redeemed or Purchased 58 Section 3.03 4.2 Notice of Redemption 59 23 Section 3.04 Effect of Notice of Redemption 60 Section 3.05 4.3 Deposit of Redemption or Purchase Price 60 23 Section 3.06 Notes Redeemed or Purchased in Part 60 Section 3.07 Optional 4.4 Tax Redemption 61 Section 3.08 Mandatory Redemption 61 Section 3.09 Offer to Purchase by Application of Excess Proceeds 61 ARTICLE 4 COVENANTS 63 Section 4.01 Payment of Notes 63 Section 4.02 Maintenance of Office or Agency 63 Section 4.03 Provision of Financial Information 64 Section 4.04 Compliance Certificate 66 Section 4.05 Taxes 66 Section 4.06 Stay, Extension and Usury Laws 67 Section 4.07 Restricted Payments 67 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 72 Section 4.09 Incurrence of Indebtedness and Issuance of Preferred Stock 74 Section 4.10 Asset Sales 78 Section 4.11 Transactions with Affiliates 81 Section 4.12 Liens 83 Section 4.13 Lines of Business 83 Section 4.14 Legal Existence 84 Section 4.15 Offer to Repurchase Upon Change of Control 84 Section 4.16 Covenant Termination 85 Section 4.17 Additional Subsidiary Guarantees 86 Section 4.18 Designation of Restricted and Unrestricted Subsidiaries 86 Section 4.19 No Layering 87 Section 4.20 Mandatory Disposition Pursuant to Gaming Laws 87 Section 4.21 Financial Calculations for Limited Condition Acquisitions 87 23 ARTICLE 5 SUCCESSORS 88 SATISFACTION AND DISCHARGE 24 Section 5.01 Merger, Consolidation or Sale of Assets 88 Section 5.02 Successor Person Substituted 89 5.1 Satisfaction and Discharge 24 ARTICLE 6 DEFAULTS AND REMEDIES 90 EVENTS OF DEFAULT 25 Section 6.01 6.1 Events of Default 90 25 ARTICLE 7 APPOINTMENT OF PRINCIPAL PAYING AGENT 26 Section 6.02 Acceleration 91 7.1 Principal Paying Agent 26 ARTICLE 8 MISCELLANEOUS PROVISIONS 26 Section 6.03 Other Remedies 92 8.1 Scope of Supplemental Indenture 26 Section 6.04 Waiver 8.2 Provisions of Past Defaults 92 Section 6.05 Control by Majority 93 Section 6.06 Limitation on Suits 93 Section 6.07 Rights Supplemental Indenture for the Sole Benefit of Parties and Holders of Notes to Receive Payment 93 Section 6.08 Collection Suit by Trustee 94 Section 6.09 Trustee May File Proofs of Claim 94 Section 6.10 Priorities 94 Section 6.11 Undertaking for Costs 95 Section 6.12 Remedies Subject to Applicable Law 95 ARTICLE 7 TRUSTEE 95 Section 7.01 Duties of Trustee 95 Section 7.02 Rights of Trustee 96 Section 7.03 Individual Rights of Trustee 98 Section 7.04 Trustee’s Disclaimer 98 Section 7.05 Notice of Defaults 98 Section 7.06 Reports by Trustee to Holders of the Notes 99 Section 7.07 Compensation and Indemnity 99 Section 7.08 Replacement of Trustee 100 Section 7.09 Successor Trustee by Merger, etc. 101 Section 7.10 Eligibility; Disqualification 101 Section 7.11 Preferential Collection of Claims Against Company 101 ARTICLE 8 LEGAL DEFEASANCE AND COVENANT DEFEASANCE 102 Section 8.01 Option to Effect Legal Defeasance or Covenant Defeasance 102 Section 8.02 Legal Defeasance and Discharge 102 Section 8.03 Covenant Defeasance 103 Section 8.04 Conditions to Legal or Covenant Defeasance 10326

DEFINITIONS AND INCORPORATION BY REFERENCE 1. Section 1.01 1.1 Definitions 1 Section 1.02 1.2 Other Definitions 40 7 Section 1.03 1.3 Incorporation by Reference of Trust Indenture Act 40 7 Section 1.04 1.4 Rules of Construction 41 ARTICLE 2 THE NOTES 41 7 Section 2.01 2.1 Forms Generally 8 Section 2.2 Form of Trustee’s Certificate of Authentication 8 Section 2.3 Principal Amount; Issuable in Series 8 Section 2.4 Execution of Debt Securities 11 Section 2.5 Authentication and Dating 41 Delivery of Debt Securities 11 Section 2.02 Execution and Authentication 42 2.6 Denomination of Debt Securities 12 Section 2.03 Registrar and Paying Agent 42 Section 2.04 Paying Agent to Hold Money in Trust 43 Section 2.05 Holder Lists 43 Section 2.06 2.7 Registration of Transfer and Exchange 43 12 Section 2.07 Replacement Notes 56 2.8 Temporary Debt Securities 14 Section 2.08 Outstanding Notes 56 Section 2.09 Treasury Notes 57 2.9 Mutilated, Destroyed, Lost or Stolen Debt Securities 14 Section 2.10 Temporary Notes 57 Cancellation of Surrendered Debt Securities 15 Section 2.11 Cancellation 57 Provisions of the Indenture and Debt Securities for the Sole Benefit of the Parties and the Holders 15 Section 2.12 Payment of Interest; Interest Rights Preserved 15 Section 2.13 Securities Denominated in Dollars 16 Section 2.14 Wire Transfers 16 Section 2.15 Securities Issuable in the Form of a Global Security 16 Section 2.16 Medium Term Securities 19 Section 2.17 Defaulted Interest 57 19 Section 2.13 2.18 CUSIP Numbers 58 ARTICLE 3 REDEMPTION AND PREPAYMENT 58 20 Section 3.01 Notices to Trustee 58 3.1 Applicability of Article 20 Section 3.02 3.2 Notice of Redemption; Selection of Notes to Be Redeemed or Purchased 58 Debt Securities 20 Section 3.03 Notice of Redemption 59 Section 3.04 Effect of Notice of Redemption 60 Section 3.05 Deposit of Redemption or Purchase Price 60 Section 3.06 Notes Redeemed or Purchased in Part 60 Section 3.07 Optional Redemption 61 Section 3.08 Mandatory Redemption 61 Section 3.09 Offer to Purchase by Application of Excess Proceeds 61 ARTICLE 4 COVENANTS 63 Section 4.01 3.3 Payment of Notes 63 Debt Securities Called for Redemption 22 Section 4.02 Maintenance 3.4 Mandatory and Optional Sinking Funds 22 Section 3.5 Redemption of Office or Agency 63 Section 4.03 Provision of Financial Information 64 Section 4.04 Compliance Certificate 66 Section 4.05 Taxes 66 Section 4.06 Stay, Extension and Usury Laws 67 Section 4.07 Restricted Payments 67 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 72 Section 4.09 Incurrence of Indebtedness and Issuance of Preferred Stock 74 Section 4.10 Asset Sales 78 Section 4.11 Transactions with Affiliates 81 Section 4.12 Liens 83 Section 4.13 Lines of Business 83 Section 4.14 Legal Existence 84 Section 4.15 Offer to Repurchase Upon Change of Control 84 Section 4.16 Covenant Termination 85 Section 4.17 Additional Subsidiary Guarantees 86 Section 4.18 Designation of Restricted and Unrestricted Subsidiaries 86 Section 4.19 No Layering 87 Section 4.20 Mandatory Disposition Pursuant to Gaming Laws 87 Section 4.21 Financial Calculations Debt Securities for Limited Condition Acquisitions 87 ARTICLE 5 SUCCESSORS 88 Section 5.01 Merger, Consolidation or Sale of Assets 88 Section 5.02 Successor Person Substituted 89 ARTICLE 6 DEFAULTS AND REMEDIES 90 Section 6.01 Events of Default 90 Section 6.02 Acceleration 91 Section 6.03 Other Remedies 92 Section 6.04 Waiver of Past Defaults 92 Section 6.05 Control by Majority 93 Section 6.06 Limitation on Suits 93 Section 6.07 Rights of Holders of Notes to Receive Payment 93 Section 6.08 Collection Suit by Trustee 94 Section 6.09 Trustee May File Proofs of Claim 94 Section 6.10 Priorities 94 Section 6.11 Undertaking for Costs 95 Section 6.12 Remedies Subject to Applicable Law 95 ARTICLE 7 TRUSTEE 95 Section 7.01 Duties of Trustee 95 Section 7.02 Rights of Trustee 96 Section 7.03 Individual Rights of Trustee 98 Section 7.04 Trustee’s Disclaimer 98 Section 7.05 Notice of Defaults 98 Section 7.06 Reports by Trustee to Holders of the Notes 99 Section 7.07 Compensation and Indemnity 99 Section 7.08 Replacement of Trustee 100 Section 7.09 Successor Trustee by Merger, etc. 101 Section 7.10 Eligibility; Disqualification 101 Section 7.11 Preferential Collection of Claims Against Company 101 ARTICLE 8 LEGAL DEFEASANCE AND COVENANT DEFEASANCE 102 Section 8.01 Option to Effect Legal Defeasance or Covenant Defeasance 102 Section 8.02 Legal Defeasance and Discharge 102 Section 8.03 Covenant Defeasance 103 Section 8.04 Conditions to Legal or Covenant Defeasance 103Sinking Fund 23