Common use of Gaming License Requirements Clause in Contracts

Gaming License Requirements. To the extent required by Gaming Laws, the Trustee will provide any applicable Gaming Authority upon its or the Company's request with: (1) copies of all notices, reports and other written communications which the Trustee gives to holders of Notes; (2) a list of holders of Notes promptly after the original issuance of the Notes, eight months and two months prior to the expiration date of each then-current Gaming License held by the Company or its Subsidiaries, and upon demand; (3) notice of any Event of Default under this Indenture or of any Default, any acceleration of the indebtedness evidenced or secured hereby, the institution of any legal actions or proceedings before any court or governmental authority in respect of this Indenture and any rescission, annulment or waiver in respect of an Event of Default; (4) notice of the removal or resignation of the Trustee within five Business Days thereof; (5) notice of any transfer or assignment of rights under this Indenture (but no transfers or assignments of the Notes) within five Business Days thereof; and (6) a copy of any amendment to the Notes or this Indenture within five Business Days of the effectiveness thereof.

Appears in 3 contracts

Samples: Indenture (MGM Grand Inc), Indenture (MGM Mirage), Indenture (MGM Mirage)

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Gaming License Requirements. To the extent required by Gaming Laws, Laws the Trustee will provide any applicable Gaming Authority upon its or the Company's request with: (1) copies of all notices, reports and other written communications which the Trustee gives to holders of NotesDebt Securities; (2) a list of holders of Notes Debt Securities promptly after the original issuance of the NotesDebt Securities, eight months and two months prior to the expiration date of each then-current Gaming License held by the Company or its Subsidiariessubsidiaries, and upon demand; (3) notice of any Event of Default under this Indenture or of any Default, any acceleration of the indebtedness evidenced or secured hereby, the institution of any legal actions or proceedings before any court or governmental authority in respect of this Indenture and any rescission, annulment or waiver in respect of an Event of Default; (4) notice of the removal or resignation of the Trustee within five Business Days thereof; (5) notice of any transfer or assignment of rights under this Indenture (but no transfers or assignments of the NotesDebt Securities) within five Business Days thereof; and (6) a copy of any amendment to the Notes Debt Securities or this Indenture within five Business Days of the effectiveness thereof.

Appears in 2 contracts

Samples: Indenture (Biloxi Casino Corp), Indenture (MGM Grand Inc)

Gaming License Requirements. To the extent required by Gaming Laws, the Trustee will provide any applicable Gaming Authority upon its or the Company's request with: (1) copies of all notices, reports and other written communications which the Trustee gives to holders of Notes; (2) a list of holders of Notes promptly after the original issuance of the Notes, eight months and two months prior to the expiration date of each then-current Gaming License held by the Company or its Subsidiaries, and upon demand; (3) notice of any Event of Default under this Indenture or of any Default, any acceleration of the indebtedness evidenced or secured hereby, the institution of any legal actions or proceedings before any court or governmental authority in respect of this Indenture and any rescission, annulment or waiver in respect of an Event of Default; (4) notice of the removal or resignation of the Trustee within five Business Days thereof; (5) notice of any transfer or assignment of rights under this Indenture (but no transfers or assignments of the Notes) within five Business Days thereof; and (6) a copy of any amendment to the Notes or this Indenture within five Business Days of the effectiveness thereof.

Appears in 1 contract

Samples: Indenture (MGM Grand Inc)

Gaming License Requirements. To the extent required by Gaming Laws, the Trustee will provide any applicable Gaming Authority upon its or the Company's request with: (1) copies of all notices, reports and other written communications which the Trustee gives to holders Holders of Notes; (2) a list of holders Holders of Notes promptly after the original issuance of the Notes, eight months and two months prior to the expiration date of each then-current Gaming License held by the Company or its Subsidiaries, and upon demand; (3) notice of any Event of Default under this Indenture or of any Default, any acceleration of the indebtedness evidenced or secured hereby, the institution of any legal actions or proceedings before any court or governmental authority in respect of this Indenture and any rescission, annulment or waiver in respect of an Event of Default; (4) notice of the removal or resignation of the Trustee within five Business Days thereof; (5) notice of any transfer or assignment of rights under this Indenture (but no transfers or assignments of the Notes) within five Business Days thereof; and (6) a copy of any amendment to the Notes or this Indenture within five Business Days of the effectiveness thereof.

Appears in 1 contract

Samples: Indenture (MGM Mirage)

Gaming License Requirements. To the extent required by Gaming Laws, the Trustee will provide any applicable Gaming Authority upon its or the Company's ’s request with:with (in the case of any Gaming Authority, to the address set forth in such request or as otherwise directed in such request, and in the case of the Company, as provided in Section 105 of this Indenture): (1) copies of all notices, reports and other written communications which the Trustee gives to holders Holders of NotesSecurities; (2) a list of holders Holders of Notes Securities promptly after the original issuance of the NotesSecurities, eight months and two months prior to the expiration date of each then-current Gaming License held by the Company or its Subsidiaries, and upon demand; (3) notice of any Event of Default under this Indenture or of any Default, any acceleration of the indebtedness evidenced or secured hereby, the institution of any legal actions or proceedings before any court or governmental authority in respect of this Indenture and any rescission, annulment or waiver in respect of an Event of Default; (4) notice of the removal or resignation of the Trustee within five Business Days thereof;; and (5) notice of any transfer or assignment of rights under this Indenture (but no transfers or assignments of the NotesSecurities) within five Business Days thereof; and (6) a copy of any amendment to the Notes or this Indenture within five Business Days of the effectiveness thereof.

Appears in 1 contract

Samples: Indenture (MGM Resorts International)

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Gaming License Requirements. To the extent required by Gaming Laws, --------------------------- the Trustee will provide any applicable Gaming Authority upon its or the Company's request with: (1) copies of all notices, reports and other written communications which the Trustee gives to holders of NotesDebt Securities; (2) a list of holders of Notes Debt Securities promptly after the original issuance of the NotesDebt Securities, eight months and two months prior to the expiration date of each then-current Gaming License held by the Company or its Subsidiariessubsidiaries, and upon demand; (3) notice of any Event of Default under this Indenture or of any Default, any acceleration of the indebtedness evidenced or secured hereby, the institution of any legal actions or proceedings before any court or governmental authority in respect of this Indenture and any rescission, annulment or waiver in respect of an Event of Default; (4) notice of the removal or resignation of the Trustee within five Business Days thereof; (5) notice of any transfer or assignment of rights under this Indenture (but no transfers or assignments of the NotesDebt Securities) within five Business Days thereof; and (6) a copy of any amendment to the Notes Debt Securities or this Indenture within five Business Days of the effectiveness thereof.

Appears in 1 contract

Samples: Indenture (MGM Grand Inc)

Gaming License Requirements. To the extent required by Gaming Laws, the Trustee will provide any applicable Gaming Authority upon its the Gaming Authority's or the Company's request with: (1) copies of all notices, reports and other written communications which the Trustee gives to holders of Notes; (2) a list of holders of Notes promptly after the original issuance of the Notes, eight months and two months prior to the expiration date of each then-current Gaming License held by the Company or its Subsidiaries, and upon demand; (3) notice of any Event of Default under this Indenture or of any Default, any acceleration of the indebtedness evidenced or secured hereby, the institution of any legal actions or proceedings before any court or governmental authority in respect of this Indenture and any rescission, annulment or waiver in respect of an Event of Default; (4) notice of the removal or resignation of the Trustee within five Business Days thereof; (5) notice of any transfer or assignment of rights under this Indenture (but no transfers or assignments of the Notes) within five Business Days thereof; and (6) a copy of any amendment to the Notes or this Indenture within five Business Days of the effectiveness thereof.

Appears in 1 contract

Samples: Indenture (MGM Mirage)

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