AMENDMENT NO. 1 AND RESTATEMENT AGREEMENTAmendment No. 1 and Restatement Agreement • February 27th, 2012 • MGM Resorts International • Hotels & motels • New York
This Amendment No. 1 and Restatement Agreement (this “Amendment”) dated as of February 24, 2012, is entered into among MGM Resorts International, a Delaware corporation (“Borrower”), MGM Grand Detroit, LLC, a Delaware limited liability company (“Detroit”), as initial Co-Borrower, and Bank of America, N.A., as Administrative Agent (the “Administrative Agent”), with reference to the Sixth Amended and Restated Loan Agreement, dated as of March 16, 2010 (as heretofore amended, the “Existing Loan Agreement”) among Borrower, Detroit, the Lenders described therein, and the Administrative Agent. The parties agree with reference to the following facts:
