Common use of PRESERVATION OF CONTRACTUAL RIGHTS Clause in Contracts

PRESERVATION OF CONTRACTUAL RIGHTS. Except as otherwise expressly permitted by the Indenture, Trustor shall, prior to delinquency, default or forfeiture, perform all obligations and satisfy all material conditions required on its part to be satisfied to preserve its rights and privileges under any contract, lease, license, permit or other authorization (a) under which it holds any Tangible Property, or (b) which constitutes part of the Intangible Property.

Appears in 6 contracts

Samples: Deed of Trust, Security Agreement and Fixture Filing With Assignment of Rents (Fitzgeralds Gaming Corp), Deed of Trust, Security Agreement and Fixture Filing With Financing Statement and Assignment of Rents (Fitzgeralds Gaming Corp), Deed of Trust, Security Agreement and Fixture Filing With Assignment of Rents (Fitzgeralds Gaming Corp)

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PRESERVATION OF CONTRACTUAL RIGHTS. Except as otherwise expressly permitted by the IndentureLoan Agreement, Trustor shall, prior to delinquency, default or forfeiture, perform all obligations and satisfy all material conditions required on its part to be satisfied to preserve its rights and privileges under any contract, lease, license, permit or other authorization (a) under which it holds any Tangible Property, or (b) which constitutes part of the Intangible Property.

Appears in 3 contracts

Samples: Deed of Trust, Security Agreement and Fixture Filing (Fitzgeralds Gaming Corp), Deed of Trust, Security Agreement and Fixture Filing With Assignment of Rents (Fitzgeralds Gaming Corp), Deed of Trust (Fitzgeralds Gaming Corp)

PRESERVATION OF CONTRACTUAL RIGHTS. Except as otherwise expressly permitted by the IndentureLoan Agreement, Trustor shall, prior to delinquency, default or forfeiture, perform all obligations and satisfy all material conditions required on its part to be satisfied to preserve its rights and privileges under any material contract, lease, license, permit or other authorization (a) under which it holds any Tangible Property, or (b) which constitutes part of the Intangible Property.

Appears in 1 contract

Samples: Loan and Security Agreement (Sands Regent)

PRESERVATION OF CONTRACTUAL RIGHTS. Except as otherwise expressly permitted by the IndentureIndenture or as would not have a Material Adverse Effect, Trustor shall, prior to delinquency, default or forfeiture, perform all material obligations and satisfy all material conditions required on its part to be satisfied to preserve its rights and privileges under any contract, lease, license, permit or other authorization (a) under which it holds any Tangible Property, or (b) which constitutes part of the Intangible Property.

Appears in 1 contract

Samples: Deed of Trust, Security Agreement and Fixture Filing With Assignment of Rents (Majestic Investor Capital Corp)

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PRESERVATION OF CONTRACTUAL RIGHTS. Except as otherwise expressly permitted by the Indenture, each Trustor shall, prior to delinquency, default or forfeiture, perform all obligations and satisfy all material conditions required on its part to be satisfied to preserve its rights and privileges under any contract, lease, license, permit or other authorization (a) under which it holds any Tangible Property, or (b) which constitutes part of the Intangible Property.

Appears in 1 contract

Samples: Leasehold and Fee Deed of Trust, Security Agreement and Fixture Filing With Assignment of Rents (Oasis Interval Ownership, LLC)

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