Violation of Certain Regulations. The making of the requested Advance shall not violate any law including Regulation T, Regulation U or Regulation X of the Board of Governors of the Federal Reserve System. The Disbursement Agent shall be entitled to rely upon the certification of the Company in the relevant Advance Request or, if applicable, in the Company's Opening Date Certificate or Completion Certificate, in determining that this condition has been satisfied unless the Disbursement Agent shall have actual knowledge that the Company's certification is inaccurate.
Appears in 4 contracts
Samples: Master Disbursement Agreement (Wynn Resorts LTD), Master Disbursement Agreement (World Travel LLC), Master Disbursement Agreement (Wynn Resorts LTD)
Violation of Certain Regulations. The making of the requested Advance shall not violate any law including Regulation G, Regulation T, Regulation U or Regulation X of the Board of Governors of the Federal Reserve System. The Disbursement Agent shall be entitled to rely upon the certification of the Company in the relevant Advance Request or, if applicable, in the Company's Opening Date Certificate or Completion Certificate, in determining that this condition has been satisfied unless the Disbursement Agent shall have actual knowledge that the Company's certification is inaccurate.
Appears in 1 contract
Samples: Disbursement and Administration Agreement (Grand Canal Shops Mall Construction LLC)
