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

Mandatory Disposition or Redemption Pursuant to Gaming Laws. If a Holder or beneficial owner of a Note is required to be licensed, qualified or found suitable under applicable Gaming Laws and is not so licensed, qualified or found suitable, or if a Holder or a beneficial owner of a Note fails to take the steps necessary to seek such license, qualification or finding of suitability, the Holder or beneficial owner of a Note shall be obliged, at

Mandatory Disposition or Redemption Pursuant to Gaming Laws. If a Holder or beneficial owner of a Note is required to be licensed, qualified or found suitable under applicable Gaming Laws and is not so licensed, qualified or found suitable, or if a Holder or a beneficial owner of a Note fails to take suitable within any time period specified by the steps necessary to seek such license, qualification or finding of suitabilityapplicable Gaming Authority, the Holder or beneficial owner of a Note shall be obliged, atat the request of the Company, to dispose of such Holder's or beneficial owner's Notes within a time period prescribed by the Company or such other time period prescribed by such Gaming

Mandatory Disposition or Redemption Pursuant to Gaming Laws. If a Holder or beneficial owner of a Note is required to be licensed, qualified or found suitable under applicable Gaming Laws and is not so licensed, qualified or found suitable, or if a Holder or a beneficial owner of a Note fails to take suitable within any time period specified by the steps necessary to seek such license, qualification or finding of suitabilityapplicable Gaming Authority, the Holder or beneficial owner of a Note shall be obliged, atat the request of the Company, to dispose of such Holder's or beneficial owner's Notes within a time period prescribed by the Company or such other time period prescribed by such Gaming Authority (in which event the Company's obligation to pay any interest after the Holder's or

Mandatory Disposition or Redemption Pursuant to Gaming Laws. If Notwithstanding any other provision of the Indenture or this Note, if any Gaming Authority requires a Holder or beneficial owner Beneficial Owner of a Note is required Notes to be licensed, qualified or found suitable under any applicable Gaming Laws Law and is not so licensed, qualified or found suitable, or if a Holder or a beneficial owner of a Note fails to take the steps necessary to seek such license, qualification or finding of suitability, the Holder or beneficial owner of a Note shall be obliged, atBeneficial Owner