ContractLoan Agreement • August 12th, 2003 • Coast Hotels & Casinos Inc • Hotels & motels
AMENDMENT NO. 5 TO AMENDED AND RESTATED LOAN AGREEMENT THIS AMENDMENT NO. 5 TO AMENDED AND RESTATED LOAN AGREEMENT (this “Amendment”), dated as of June 26, 2003, is entered into by and between Coast Hotels and Casinos, Inc., a Nevada corporation (“Borrower”) and Bank of America, N.A. as Administrative Agent (the “Agent”) for itself and for the other Lenders, with reference to the Amended and Restated Loan Agreement, dated as of September 16, 1999 (as amended, the “Loan Agreement”), among Borrower, the Agent and the Lenders. RECITALS A. The Borrower has requested that the Lenders agree to extend the maturity of certain permitted indebtedness under the Loan Agreement. B. Reference is made to the Ground Lease Agreement dated October 28, 1994 by and among 21 Stars, Ltd., a Nevada limited liability company, Barbary Coast Hotel and Casino, a Nevada general partnership (“Barbary”), Wanda Peccole, as successor Trustee of the Peccole 1982 Trust dated February 15, 1982 and William Peter and Wand
