Common use of Liens; Negative Pledges; Sales and Leasebacks Clause in Contracts

Liens; Negative Pledges; Sales and Leasebacks. Create, incur, assume or suffer to exist any Lien or Right of Others of any nature upon or with respect to Authority Property; or suffer to exist any Negative Pledge with respect to any Authority Property; or engage in any sale and leaseback transaction with respect to any Authority Property; except: (a) Permitted Encumbrances and Permitted Rights of Others; (b) Liens and Negative Pledges in favor of the Administrative Agent or the Lenders under the Loan Documents; (c) Existing Liens disclosed in Schedule 7.8; provided that the obligations secured thereby are not increased; (d) Existing Rights of Others and Negative Pledges disclosed in Schedule 7.8; (e) Purchase money Liens and associated Negative Pledges incurred with respect to Property acquired using the proceeds of Indebtedness and Capital Leases permitted under Section 7.9(g); (f) Rights of Others granted pursuant to the WNBA Agreements consisting of the right to use the Mohegan Sun Arena for scheduled home games of the Connecticut Sun and related basketball activities; and (g) Liens, Negative Pledges and Rights of Others in respect of assets of the WNBA Subsidiary in favor of WNBA, LLC or its designees to secure obligations of the WNBA Subsidiary under the WNBA Agreements.

Liens; Negative Pledges; Sales and Leasebacks. Create, incur, assume or suffer to exist any Lien or Right of Others of any nature upon or with respect to Authority any of its Property, whether now owned or hereafter acquired; or suffer to exist any Negative Pledge with respect to any Authority of its Property; or engage in any sale and leaseback transaction with respect to any Authority of its Property; except: (a) Permitted Encumbrances and Permitted Rights of Others; (b) Liens and Negative Pledges in favor of the Administrative Agent or the Lenders Banks under the Loan Documents; (c) Existing Liens disclosed in Schedule 7.86.8; provided that the obligations secured thereby are not increased; (d) Existing Rights of Others and Negative Pledges disclosed in Schedule 7.86.8; (e) Purchase Liens securing Indebtedness permitted by Section 6.9(e) which qualify as "purchase money Liens security interests" as defined in Section 9107 of the Nevada Uniform Commercial Code, and associated Negative Pledges incurred with respect to Property acquired using the assets purchased with the proceeds of such Indebtedness and Capital Leases permitted under Section 7.9(g);that benefit the creditor holding such Indebtedness; and (f) Rights of Others granted pursuant to the WNBA Agreements Liens and Negative Pledges consisting of non-recourse pledges of membership interests or other equity interests in the right to use the Mohegan Sun Arena for scheduled home games of the Connecticut Sun Circus and related basketball activities; and (g) Liens, Negative Pledges and Rights of Others in respect of assets of the WNBA Subsidiary Eldorado Joint Venture in favor of WNBA, LLC or its designees institutional lenders to the Circus and Eldorado Joint Venture to secure obligations of the WNBA Subsidiary under the WNBA Agreementsto those institutional lenders.

Liens; Negative Pledges; Sales and Leasebacks. Create, incur, assume or suffer to exist any Lien or Right of Others of any nature upon or with respect to Authority any of its Property, whether now owned or hereafter acquired; or suffer to exist any Negative Pledge with respect to any Authority of its Property; or engage in any sale and leaseback transaction with respect to any Authority of its Property; except: (a) Permitted Encumbrances and Permitted Rights of Others; (b) Liens and Negative Pledges in favor of the Administrative Agent or the Lenders Banks under the Loan Documents; (c) Existing Liens disclosed in Schedule 7.86.9, including, without limitation, Liens and Negative Pledges under the Shreveport Subsidiary Guaranty, Shreveport Subsidiary Pledge or Eldorado Pledge; provided that the obligations secured thereby are not increased; (d) Existing Rights of Others and Negative Pledges disclosed in Schedule 7.86.9; (e) Purchase Liens securing Indebtedness permitted by Section 6.10(e) which qualify as “purchase money Liens security interests” as defined in Section 9107 of the Nevada Uniform Commercial Code, and associated Negative Pledges incurred with respect to Property acquired using the assets purchased with the proceeds of such Indebtedness and Capital Leases permitted under Section 7.9(g);that benefit the creditor holding such Indebtedness; and (f) Rights of Others granted pursuant to the WNBA Agreements Liens and Negative Pledges consisting of non-recourse pledges of membership interests or other equity interests in the right to use the Mohegan Sun Arena for scheduled home games of the Connecticut Sun Circus and related basketball activities; and (g) Liens, Negative Pledges and Rights of Others in respect of assets of the WNBA Subsidiary Eldorado Joint Venture in favor of WNBA, LLC or its designees institutional lenders to the Circus and Eldorado Joint Venture to secure obligations of the WNBA Subsidiary under the WNBA Agreementsto those institutional lenders.

Liens; Negative Pledges; Sales and Leasebacks. Create, incur, --------------------------------------------- assume or suffer to exist any Lien or Right of Others of any nature upon or with respect to Authority Property; or suffer to exist any Negative Pledge with respect to any Authority Property; or engage in any sale and leaseback transaction with respect to any Authority Property; except:: ------ (a) Permitted Encumbrances and Permitted Rights of Others; (b) Liens and Negative Pledges in favor of the Administrative Agent or the Lenders under the Loan Documents; (c) Existing Liens disclosed in Schedule 7.8; provided that -------- (i) the obligations secured thereby are not increased, and (ii) the Liens and related Negative Pledges in favor of First Fidelity Bank and Fleet National Bank disclosed on Schedule 7.8 as file numbers 0001709240 and 0001723520 shall be terminated in accordance with Section 10.2 prior to the making of the Initial Advances and the issuance of the initial Letters of Credit hereunder; (d) Existing Rights of Others and Negative Pledges disclosed in Schedule 7.8;; and (e) Purchase money Liens and associated Negative Pledges incurred with respect to Property acquired using the proceeds of Indebtedness and Capital Leases permitted under Section 7.9(g7.9(h); (f) Rights of Others granted pursuant to the WNBA Agreements consisting of the right to use the Mohegan Sun Arena for scheduled home games of the Connecticut Sun and related basketball activities; and (g) Liens, Negative Pledges and Rights of Others in respect of assets of the WNBA Subsidiary in favor of WNBA, LLC or its designees to secure obligations of the WNBA Subsidiary under the WNBA Agreements.