Common use of Mandatory Disposition or Redemption Pursuant to Gaming Laws Clause in Contracts

Mandatory Disposition or Redemption Pursuant to Gaming Laws. Notwithstanding any other provision hereof, if any Gaming Authority requires a Holder or Beneficial Owner of Notes to be licensed, qualified or found suitable under any applicable Gaming Law and the Holder or Beneficial Owner (1) fails to apply for a license, qualification or finding of suitability within 30 days after being requested to do so (or such lesser period as required by the Gaming Authority), or (2) is notified by a Gaming Authority that it shall not be licensed, qualified or found suitable, the Issuers shall have the right, at their option, to:

Mandatory Disposition or Redemption Pursuant to Gaming Laws. Notwithstanding any other provision hereof, if any Gaming Authority requires a Holder or Beneficial Owner of Notes to be licensed, qualified or found suitable under any applicable Gaming Law and the Holder or Beneficial Owner (1) fails to apply for a license, qualification or finding of suitability within 30 days after being requested to do so (or such lesser period as required by the Gaming Authority), ) or (2) is notified by a Gaming Authority that it shall not be licensed, qualified or found suitable, the Issuers Issuer shall have the right, at their its option, to:

Mandatory Disposition or Redemption Pursuant to Gaming Laws. Notwithstanding any other provision hereof, if any Gaming Authority requires a Holder holder or Beneficial Owner beneficial owner of Notes to be licensed, qualified or found suitable under any applicable Gaming Law and the Holder holder or Beneficial Owner beneficial owner (1) fails to apply for a license, qualification or finding of suitability within 30 days after being requested to do so (or such lesser period as required by the Gaming Authority), or (2) is notified by a Gaming Authority that it shall not be licensed, qualified or found suitable, the Issuers Company shall have the right, at their its option, to:

Mandatory Disposition or Redemption Pursuant to Gaming Laws. Notwithstanding any other provision hereof, if any Gaming Authority requires a Holder or Beneficial Owner of Notes to be licensed, qualified or found suitable under any applicable Gaming Law and the Holder or Beneficial Owner (1) fails to apply for a license, qualification or finding of suitability within 30 days after being requested to do so (or such lesser period as required by the Gaming Authority), ) or (2) is notified by a Gaming Authority ASIA 33616188 38 that it shall not be licensed, qualified or found suitable, the Issuers Issuer shall have the right, at their its option, to:

Mandatory Disposition or Redemption Pursuant to Gaming Laws. Notwithstanding any other provision hereof, if any Gaming Authority requires a Holder or Beneficial Owner of Notes Securities to be licensed, qualified or found suitable under any applicable Gaming Law and the Holder or Beneficial Owner (1) fails to apply for a license, qualification or finding of suitability within 30 days after being requested to do so (or such lesser period as required by the Gaming Authority), or (2) is notified by a Gaming Authority that it shall not be licensed, qualified or found suitable, the Issuers Issuer shall have the right, at their its option, to:

Mandatory Disposition or Redemption Pursuant to Gaming Laws. Notwithstanding any other provision hereofof the Indenture or this Note, if any Gaming Authority requires a Holder or Beneficial Owner of Notes to be licensed, qualified or found suitable under any applicable Gaming Law and the Holder or Beneficial Owner (1a) fails to apply for a license, qualification or finding of suitability within 30 days after being requested to do so (or such lesser period as required by the Gaming Authority), or (2) is notified by a Gaming Authority that it shall not be licensed, qualified or found suitable, the Issuers shall have the right, at their option, to:or

Mandatory Disposition or Redemption Pursuant to Gaming Laws. Notwithstanding any other provision hereof, if any Gaming Authority requires a Holder or Beneficial Owner of Notes to be licensed, qualified or found suitable under any applicable Gaming Law and the Holder or Beneficial Owner (1) fails to apply for a license, qualification or finding of suitability within 30 days after being requested to do so (or such lesser period as required by the Gaming Authority), or (2) is notified by a Gaming Authority that it shall will not be licensed, qualified or found suitable, the Issuers shall Revel will have the right, at their its option, to:

Mandatory Disposition or Redemption Pursuant to Gaming Laws. Notwithstanding any other provision hereof, if any Gaming Authority requires a Holder or Beneficial Owner of Notes to be licensed, qualified or found suitable under any applicable Gaming Law and the Holder or Beneficial Owner (1) fails to apply for a license, qualification or finding of suitability within 30 days after being requested to do so (or such lesser period as required by the Gaming Authority), ) or (2) is notified by a Gaming Authority that it shall not be licensed, qualified or found suitable, the Issuers Issuer shall have the right, at their its option, to:: ASIA 33951818 34

Mandatory Disposition or Redemption Pursuant to Gaming Laws. Notwithstanding any other provision hereof, if any Gaming Authority requires a Holder or Beneficial Owner of Notes to be licensed, qualified or found suitable under any applicable Gaming Law and the Holder or Beneficial Owner (1) fails to apply for a license, qualification or finding of suitability within 30 days after being requested to do so (or such lesser period as required by the Gaming Authority), ) or (2) is notified by a Gaming Authority that it shall will not be licensed, qualified or found suitable, the Issuers Issuer shall have the right, at their its option, to: