Common use of Member Approval Clause in Contracts

Member Approval. In addition to any other actions requiring the approval of the Member set forth in this Agreement or required by law, the following actions shall require the approval of the Member: (a) the sale, lease or disposal of all or substantially all of the assets of the Company or the merger, consolidation or exchange of Interests with another entity; (b) any amendment to the Articles or of this Agreement; (c) the creation of any lien, mortgage, pledge or other security interest on the assets of the Company securing indebtedness of any third party which is not for the benefit of the business carried on by the Company; (d) any material changes in the nature of the Company's business; (e) the commencement of a voluntary case under any bankruptcy, insolvency or similar law by the Company; (f) the application by the Company for additional Gaming Licenses in any jurisdiction; and (g) the adoption of any employee benefit, profit sharing, incentive, bonus, pension, retirement or option plans.

Member Approval. In addition to any other actions requiring the approval of the Member set forth in this Agreement or required by law, the following actions shall require the approval of the Member: (a) the sale, lease or disposal of all or substantially all of the assets of the Company or the merger, consolidation or exchange of Interests with another entity; (b) any amendment to the Articles or of this Agreement; (c) the creation of any lien, mortgage, pledge or other security interest on the assets of the Company securing indebtedness of any third party which is not for the benefit of the business carried on by the Company; (d) any material changes in the nature of the Company's business; (e) the application by the Company for additional Gaming Licenses in any jurisdiction; (f) the commencement of a voluntary case under any bankruptcy, insolvency or similar law by the Company; (f) the application by the Company for additional Gaming Licenses in any jurisdiction; and (g) the adoption of any employee benefit, profit sharing, incentive, bonus, pension, retirement or option plans.

Member Approval. In addition to any other actions requiring the approval of the Member set forth in this Agreement or required by law, the following actions shall require the approval of the Member: (a) the sale, lease or disposal of all or substantially all of the assets of the Company or the merger, consolidation or exchange of Interests with another entity; ; (b) any amendment to the Articles or of this Agreement; (c) the creation of any lien, mortgage, pledge or other security interest on the assets of the Company securing indebtedness of any third party which is not for the benefit of the business carried on by the Company; (d) any material changes in the nature of the Company's business; (e) the application by the Company for additional Gaming Licenses in any jurisdiction; (f) the commencement of a voluntary case under any bankruptcy, insolvency or similar law by the Company; (f) the application by the Company for additional Gaming Licenses in any jurisdiction; and (g) the adoption of any employee benefit, profit sharing, incentive, bonus, pension, retirement or option plans.

Member Approval. In addition to any other actions requiring the approval of the Member set forth in this Agreement or required by law, the following actions shall require the approval of the Member: (a) the sale, lease or disposal of all or substantially all of the assets of the Company or the merger, consolidation or exchange of Interests with another entity; (b) any amendment to the Articles or of this Agreement; (c) the creation of any lien, mortgage, pledge or other security interest on the assets of the Company securing indebtedness of any third party which is not for the benefit of the business carried on by the Company; (d) any material changes in the nature of the Company's business; (e) the commencement of a voluntary case under any bankruptcy, insolvency or similar law by the Company; (f) the application by the Company for additional Gaming Licenses in any jurisdiction; and (gf) the adoption of any employee benefit, profit sharing, incentive, bonus, pension, retirement or option plans.

Member Approval. In addition to any other actions requiring the approval of the Member set forth in this Agreement or required by law, the following actions shall require the approval of the Member: (a) the sale, lease or disposal of all or substantially all of the assets of the Company or the merger, consolidation or exchange of Interests interests with another entity; (b) any amendment to the Articles or of this Agreement; (c) the creation of any lien, mortgage, pledge or other security interest on the assets of the Company securing indebtedness of any third party which is not for the benefit of the business carried on by the Company; (d) any material changes in the nature of the Company's business; (e) the application by the Company for additional Gaming Licenses in any jurisdiction; (f) the commencement of a voluntary case under any bankruptcy, insolvency or similar law by the Company; (f) the application by the Company for additional Gaming Licenses in any jurisdiction; and (g) the adoption of any employee benefit, profit sharing, incentive, bonus, pension, retirement or option plans.

Member Approval. In addition to any other actions requiring the approval of the Member set forth in this Agreement or required by law, the following actions shall require the approval of the Member: (a) the sale, lease or disposal of all or substantially all of the assets of the Company or the merger, consolidation or exchange of Interests with another entity; (b) any amendment to the Articles or of this Agreement; (c) the creation of any lien, mortgage, pledge or other security interest on the assets of the Company securing indebtedness of any third party which is not for the benefit of the business carried on by the Company; (d) any material changes in the nature of the Company's business; (e) the commencement of a voluntary case under any bankruptcy, insolvency or similar law by the Company; (f) the application by the Company for additional Gaming Licenses in any jurisdiction; and (g) the adoption of any employee benefit, profit sharing, incentive, bonus, bonus pension, retirement or option plans.