Examples of Gaming Subsidiaries in a sentence
Subject to applicable Gaming Laws (with respect to those Debtors which are Gaming Subsidiaries), each Debtor hereby grants to the Secured Party a security interest in and continuing lien on all of such Debtor's right, title and interest in, to and under all Trademarks, and all related goodwill, of such Debtor including, but not limited to, those referenced in SCHEDULE A hereto.
Transfers of Assets from Gaming Subsidiaries to Hilton or Retained Business Subsidiaries.
Hilton shall cause all of its directors and the Retained Business Group Employees to resign from all boards of directors or similar governing bodies of Park Place or any of the Gaming Subsidiaries on which they serve, and from all positions as officers or employees of Park Place or any of the Gaming Subsidiaries in which they serve, except as set forth in Schedule 10.
Except as set forth in one or more of the Related Agreements, from and after the Distribution Date, (a) Gaming Co. shall, and/or shall cause the Gaming Subsidiaries to, assume, pay, perform and discharge in due course all of the Gaming Group Liabilities, and (b) Hilton shall, and/or shall cause the Retained Business Subsidiaries to, assume, pay, perform and discharge in due course all of the Retained Business Group Liabilities.
There is no Order to which Engine Gaming or any of the Engine Gaming Subsidiaries, or any of the material assets owned or used by any of them, is subject which would reasonably be expected to have, individually or in the aggregate, an Engine Gaming Material Adverse Effect.
The financial books and records of Engine Gaming and each of the Engine Gaming Subsidiaries fairly and correctly set out and disclose in all material respects, in accordance with IFRS, if required, its financial position as at the date hereof and all material financial transactions have been accurately recorded in such books and records on a consistent basis and in conformity with IFRS, if required.
No act or proceeding has been taken by or against Engine Gaming or any Engine Gaming Subsidiary in connection with the dissolution, liquidation, winding up, bankruptcy or reorganization of Engine Gaming or Engine Gaming Subsidiaries, as applicable, or for the appointment of a trustee, receiver, manager or other administrator of Engine Gaming or any Engine Gaming Subsidiary, as applicable, or any of their properties or assets nor, to the Knowledge of Engine Gaming, is any such act or proceeding threatened.
Prior to the Distribution Date, Gaming Co. shall take or cause to be taken all actions necessary to cause the transfer, assignment, delivery and conveyance to Hilton and/or the applicable Retained Business Subsidiaries designated by Hilton of all of Gaming Co.'s and the Gaming Subsidiaries' right, title and interest in any Retained Business Group Assets held, on or prior to the Distribution Date, by Gaming Co. or any of the Gaming Subsidiaries.
On or prior to the Distribution Date, Park Place shall take or cause to be taken all actions necessary to cause the transfer, assignment, delivery and conveyance to Hilton and/or the applicable Retained Business Subsidiaries designated by Hilton of all of Park Place's and the Gaming Subsidiaries' right, title and interest in any Retained Business Group Assets held, on or prior to the Distribution Date, by Park Place or any of the Gaming Subsidiaries.
Prior to the Distribution Date, Hilton shall take or cause to be taken all actions necessary to cause the transfer, assignment, delivery and conveyance to Gaming Co. and/or the appropriate Gaming Subsidiaries designated by Gaming Co. of all of Hilton's and its Subsidiaries' right, title and interest in any Gaming Group Assets held, on or prior to the Distribution Date, by Hilton or any Retained Business Subsidiary.