License Revocation Event definition

License Revocation Event means the revocation, failure to renew or suspension of, or the appointment of a receiver or similar official with respect to, any Gaming License.
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License Revocation Event means the denial, revocation or suspension of any License required to operate any Property or any Liquor License maintained by Borrower, Manager, Guarantor, Operating Lessee or any Affiliate of the foregoing with respect to any Property which results in a Material Adverse Effect and/or no longer being permitted to sell liquor at the applicable Property.
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License Revocation Event shall have the meaning provided in Section 3.06(a) hereof.
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Examples of License Revocation Event in a sentence

  • Any notice of proposed ------------------------------------------------- rulemaking or other proposal by the FCC as to the possible adoption of any rule or taking of any action that would be a C-Block General License Revocation Event or any other event or circumstance that with the passage of time would become a C-Block General License Revocation Event or that would be a C-Block General License Revocation Event but for the existence of any stay or injunction then in effect with respect thereto.

  • The provisions that are pertinent to Article 31bis paragraph 4 are 1(b) and 1(c).

  • The Borrower will, and will cause its Subsidiaries to, at all times perform and observe all covenants and conditions on its part to be performed and observed under FCC rules and regulations or otherwise with respect thereto with respect to the FCC Licenses held by License Subsidiaries and not cause or, except for a C-Block General License Revocation Event or a Proposed C-Block General License Revocation Event, permit to exist any grounds for the FCC to revoke or suspend or not to renew such License.


More Definitions of License Revocation Event

License Revocation Event means the denial, revocation or suspension of the certificate of occupancy or Liquor License maintained with respect to the Hotel Property.
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