Gaming Stock definition
Examples of Gaming Stock in a sentence
Neither the Administrative Agent nor any agent of the Administrative Agent shall surrender possession of the Pledged Gaming Stock to any Person other than the Grantor pledging such Pledged Gaming Stock without the prior approval of the Nevada Gaming Authorities or as otherwise permitted by applicable Nevada Gaming Laws.
Secured Party shall not surrender possession of the Pledged Gaming Stock to any person other than Grantor without the prior approval of the Nevada Gaming Authorities or as otherwise permitted by applicable Nevada Gaming Laws.
Neither the Mortgage Notes Indenture Trustee nor any agent of the Mortgage Notes Indenture Trustee shall surrender possession of the Pledged Gaming Stock to any Person other than the Grantor pledging such Pledged Gaming Stock without the prior approval of the Gaming Authorities or as otherwise permitted by applicable Gaming Laws.
Any approval by the Gaming Authorities of the pledge of the Pledged Gaming Stock hereunder shall not be construed as the approval, either express or implied, of the Lender to take any actions provided for in this Agreement for which prior approval of the Gaming Authorities is required, without first obtaining such prior approval.
Notwithstanding anything to the contrary herein or in any other Loan Document, the pledge of any Pledged Gaming Stock shall not be effective until receipt of all required Pledge Approvals.
Subject to the last paragraph of this Section 4.01, and subject to the receipt of all applicable Pledge Approvals with respect to the pledge of any Pledged Gaming Stock, the Lender shall have received the certificates representing the Capital Stock required to be pledged pursuant to this Agreement, together with an undated stock or equivalent transfer power for each such certificate executed in blank by a duly authorized officer (or other duly authorized signatory) of the pledgor thereof.
The Lender shall comply with any conditions imposed by the applicable Gaming Authorities in connection with any Pledge Approval, and the Lender shall not transfer or surrender possession of any certificates evidencing the Pledged Gaming Stock to any party other than its pledgor without the prior approval of the applicable Gaming Authorities or otherwise in contravention of applicable Gaming Laws.
Support and services fees may increase in subsequent years but will increase no more than 5% per year.
Neither the Collateral Agent nor any agent of the Collateral Agent shall surrender possession of the Pledged Gaming Stock to any Person other than the Wynn Party pledging such Pledged Gaming Stock without the prior approval of the Nevada Gaming Authorities or as otherwise permitted by applicable Nevada Gaming Laws.
Any certificates evidencing the Pledged Gaming Stock, together with any undated stock or equivalent transfer power or assignment covering each such certificate executed in blank, shall be held in the State of Nevada by the Lender or its agent in accordance with applicable Gaming Laws.