REVOLVING CREDIT NOTERevolving Credit Note • June 22nd, 2007 • MTR Gaming Group Inc • Services-miscellaneous amusement & recreation • Nevada
FOR VALUE RECEIVED, the undersigned, MTR GAMING GROUP, INC., a Delaware corporation, MOUNTAINEER PARK, INC., a West Virginia corporation, SPEAKEASY GAMING OF LAS VEGAS, INC., a Nevada corporation, PRESQUE ISLE DOWNS, INC., a Pennsylvania corporation, SCIOTO DOWNS, INC., an Ohio corporation and SPEAKEASY GAMING OF FREMONT, INC., a Nevada corporation (collectively the “Borrowers”) jointly and severally promise to pay to the order of COMMERZBANK AG, New York and Grand Cayman Branches (the “Lender”) such sums as Lender may hereafter loan or advance or re-loan to the Borrowers from time to time pursuant to the Credit Facility as described in the Credit Agreement, hereinafter defined up to the maximum principal sum of Fifteen Million Dollars ($15,000,000.00) (or such lesser amount of such loans and advances made by Lender as may be outstanding from time to time), the unpaid balance of which shall not exceed in the aggregate the Lender’s Pro Rata Share of the Aggregate Commitment at any time,
REVOLVING CREDIT NOTE (First Restated)Revolving Credit Note • June 22nd, 2007 • MTR Gaming Group Inc • Services-miscellaneous amusement & recreation • Nevada
FOR VALUE RECEIVED, the undersigned, MTR GAMING GROUP, INC., a Delaware corporation, MOUNTAINEER PARK, INC., a West Virginia corporation, SPEAKEASY GAMING OF LAS VEGAS, INC., a Nevada corporation, PRESQUE ISLE DOWNS, INC., a Pennsylvania corporation, SCIOTO DOWNS, INC., an Ohio corporation and SPEAKEASY GAMING OF FREMONT, INC., a Nevada corporation (collectively the “Borrowers”) jointly and severally promise to pay to the order of WELLS FARGO BANK, National Association, as Agent Bank on behalf of itself and the other Lenders as defined and described in the Credit Agreement described hereinbelow (each, together with their respective successors and assigns, individually being referred as a “Lender” and collectively as the “Lenders”) such sums as Lenders (other than those Lenders that have received a Replacement Note in the amount of their respective Syndication Interest in the Credit Facility) have loaned and may hereafter loan or advance or re-loan to the Borrowers from time to time pur
FIRST AMENDMENT TO FIFTH AMENDED AND RESTATED CREDIT AGREEMENTCredit Agreement • June 22nd, 2007 • MTR Gaming Group Inc • Services-miscellaneous amusement & recreation • Nevada
THIS FIRST AMENDMENT TO FIFTH AMENDED AND RESTATED CREDIT AGREEMENT (“First Amendment”) is made and entered into as of the 19th day of June, 2007, by and among MTR GAMING GROUP, INC., a Delaware corporation (“MTRI”), MOUNTAINEER PARK, INC., a West Virginia corporation (“MPI”), SPEAKEASY GAMING OF LAS VEGAS, INC., a Nevada corporation (“SGLVI”), PRESQUE ISLE DOWNS, INC., a Pennsylvania corporation (“PIDI”), SCIOTO DOWNS, INC., an Ohio corporation (“SDI”) and SPEAKEASY GAMING OF FREMONT, INC., a Nevada corporation (“SGFI” and together with MTRI, MPI, SGLVI, PIDI and SDI, collectively referred to as the “Borrowers”), each financial institution whose name is set forth on the signature pages of this First Amendment (each individually a “Lender” and collectively the “Lenders”), WELLS FARGO BANK, National Association, as the swingline lender (herein in such capacity, together with its successors and assigns, the “Swingline Lender”), and WELLS FARGO BANK, National Association, as the issuer of
