Common use of Pursuant to Louisiana R Clause in Contracts

Pursuant to Louisiana R. S. 27:275 et seq., the Collateral Agent is hereby authorized and empowered to file a petition to foreclose the liens created hereby in which the Louisiana Gaming Control Board is named a nominal defendant and the Assignors request the appointment of a receiver as contemplated by and in accordance with the provisions of the cited statutes. The filing of a verified petition by the Collateral Agent shall constitute prima facie proof of the Collateral Agent's right to enforce the liens created hereby in executory or ordinary proceedings, at the Collateral Agent's option, and to appointment of a receiver pursuant to the cited statutes.

Pursuant to Louisiana R. S. 27:275 et seq., the Collateral Agent is hereby authorized and empowered to file a petition to foreclose the liens created hereby in which the Louisiana Gaming Control Board is named a nominal defendant and and, in such event, the Assignors Pledgors request the appointment of a receiver as contemplated by and in accordance with the provisions of the cited statutes. The filing of a verified petition by the Collateral Agent Pledgee shall constitute prima facie proof of the Collateral AgentPledgee's right to enforce the liens created hereby in executory or ordinary proceedings, at the Collateral AgentPledgee's option, and to appointment of a receiver pursuant to the cited statutes.

Pursuant to Louisiana R. S. 27:275 et seq., the Collateral Agent is hereby authorized and empowered to file a petition to foreclose the liens created hereby in which the Louisiana Gaming Control Board is named a nominal defendant and the Assignors Pledgors request the appointment of a receiver as contemplated by and in accordance with the provisions of the cited statutes. The filing of a verified petition by the Collateral Agent Pledgee shall constitute prima facie proof of the Collateral AgentPledgee's right to enforce the liens created hereby in executory or ordinary proceedings, at the Collateral AgentPledgee's option, and to appointment of a receiver pursuant to the cited statutes.