Common use of Gaming Laws and Liquor Laws Clause in Contracts

Gaming Laws and Liquor Laws. All rights, remedies, and powers provided in this Agreement may be exercised only to the extent that the exercise thereof does not violate any applicable mandatory provision of the Gaming Laws or the Liquor Laws and all provisions of this Agreement are intended to be subject to all applicable mandatory provisions of the Gaming Laws and Liquor Laws and to be limited solely to the extent necessary to not render the provisions of this Agreement invalid or unenforceable, in whole or in part.

Appears in 3 contracts

Samples: Credit Agreement (Oasis Interval Ownership, LLC), Guarantee and Pledge Agreement (155 East Tropicana, LLC), Guarantee and Pledge Agreement (155 East Tropicana, LLC)

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Gaming Laws and Liquor Laws. All Notwithstanding any provision of this Agreement to the contrary, all rights, remedies, and powers provided in this Agreement may be exercised only to the extent that the exercise thereof does not violate any applicable mandatory provision of the Gaming Laws or the Liquor Laws and all provisions of this Agreement are intended to be subject to all applicable mandatory provisions of the Gaming Laws and Liquor Laws and to be limited solely to the extent necessary to not render the provisions of this Agreement invalid or unenforceable, in whole or in part.

Appears in 1 contract

Samples: Credit Agreement (155 East Tropicana, LLC)

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