Principal Obligors definition
Examples of Principal Obligors in a sentence
Except as set forth in Schedule 4.05, there is no action, suit or proceeding pending against, or to the knowledge of either Principal Obligors threatened against or affecting, MGM or any of its Subsidiaries or questioning the validity or enforceability of the Loan Documents, in each case before any court or arbitrator or any governmental body, agency or official which could reasonably be expected to have a Material Adverse Effect.