Mandatory Disposition of Notes Pursuant to Gaming Laws. Each Person who acquires, directly or indirectly, beneficial ownership of any of the Notes may be required to be found suitable, qualified or licensed by a Gaming Authority. If any Gaming Authority requires that a Holder or beneficial owner of Notes be licensed, qualified or found suitable under any applicable Gaming Law and such Holder or beneficial owner:
Appears in 6 contracts
Samples: Churchill Downs Incorporated (Churchill Downs Inc), Indenture (Churchill Downs Inc), Indenture (CHURCHILL DOWNS Inc)