Restricted Entities definition

Restricted Entities has the meaning set forth in Section 7.7(a).

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Restricted Entities. Restricted Entities" means: the Company; Valvino; Wynn Las Vegas Capital Corp., a Nevada corporation; Palo, LLC, a Delaware limited liability company; Desert Inn Water Company, LLC, a Nevada limited liability company; ▇▇▇▇ Design & Development, LLC, a Nevada limited liability company; World Travel, LLC, a Nevada limited liability company; Las Vegas Jet, LLC, a Nevada limited liability company; and ▇▇▇▇ Las Vegas, LLC, a Nevada limited liability company.

Restricted Entities means the Borrower and each Subsidiary of the Borrower.

Examples of Restricted Entities in a sentence

• The Company shall not hold itself out, or permit itself to be held out, as having agreed to pay or be liable for the debts of any of the ▇▇▇▇ ▇▇ Entities or hold out its credit or assets as being available to satisfy the obligations of others and shall not cause or permit others to hold out their credit or assets as being available to satisfy its obligations except for guarantees among the Restricted Entities.

• Without limiting the foregoing, the Borrower shall maintain insurance coverage for the Restricted Entities equal to or better than, on an item by item basis for each item, the coverage for the Restricted Entities existing on the date of this Agreement.

• The charges, accruals, and reserves on the books of the Restricted Entities in respect of taxes are adequate in accordance with generally accepted accounting principles.

• The Company shall, and shall cause each of the Restricted Subsidiaries to, and the Restricted Entities shall, pay prior to delinquency all material taxes, assessments, and governmental levies except as contested in good faith and by appropriate proceedings.

• As of the Closing Date, immediately following the consummation of the Transactions and the extensions of credit to occur on such date, the Company (on a combined basis with the Designated Restricted Entities and the Restricted Subsidiaries) is and will be Solvent.

More Definitions of Restricted Entities

Restricted Entities means, collectively, the Company, Nextel and the Parent Companies and their respective subsidiaries.

Restricted Entities means the Company; Wynn Las Vegas Capital Corp., a Nevada corporation; Palo, LLC, a Delaware limited liability company; Wynn Resorts Holdings, LLC, a Nevada limited liability company; Desert Inn Water Company, LLC, a Nevada limited liability company; ▇▇▇▇ Design & Development, LLC, a Nevada limited liability company; World Travel, LLC, a Nevada limited liability company; Las Vegas Jet, LLC, a Nevada limited liability company; and Wynn Las Vegas, LLC, a Nevada limited liability company; (C) the term "Person" shall mean a natural person, any form of business or social organization and any other non-governmental legal entity including, but not limited to, a corporation, partnership, association, trust, unincorporated organization, estate or limited liability company; (D) the term "Indenture Documents" shall mean that certain Indenture, by and among ▇▇▇▇ Las Vegas, LLC and ▇▇▇▇ Las Vegas Capital Corp., as joint and several obligors, Desert Inn Water Company, LLC, ▇▇▇▇ Design & Development, LLC, Wynn Resorts Holdings, LLC, Las Vegas Jet, LLC, World Travel, LLC, Palo, LLC and ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, LLC, as guarantors, and ▇▇▇▇▇ Fargo Bank Northwest, National Association, as trustee, entered into in connection with the offer and sale of up to $450,000,000 aggregate principal amount of Second Mortgage Notes due 2010 of ▇▇▇▇ Las Vegas, LLC and ▇▇▇▇ Las Vegas Capital Corp., and all documents, instruments and agreements executed or delivered in connection therewith, as the foregoing may from time to time be supplemented, modified, amended, restated, refinanced or replaced, with the same or any successor or replacement trustee or agent; and (E) the term "Bank Documents" shall mean that certain Credit Agreement, among ▇▇▇▇ Las Vegas, LLC, the lenders party thereto, Deutsche Bank Securities, Inc., as lead arranger and joint book running manager, Deutsche Bank Trust Company Americas, as administrative agent and swing line lender, Banc of America Securities LLC, as lead arranger, joint book running manager and syndication agent, Bear, ▇▇▇▇▇▇▇ & Co. Inc., as arranger and joint book running manager, Bear ▇▇▇▇▇▇▇ Corporate Lending Inc., as joint documentation agent, and Dresdner Bank AG, New York Branch, as arranger and joint documentation agent, entered into to finance the development and construction of the Le Reve Casino Resort, and all documents, instruments and agreements executed or delivered in connection therewith, as the foregoing may from time to time be supplemented, mod...

Restricted Entities means (i) any exploration and production company with significant operations in the Permian Basin or otherwise in proximity to the Company’s operations or (ii) any Person that is a material supplier or customer of the Company. For the purpose of this definition, (x) “significant operations” of any Person means operations from which such Person derived, on average, more than 50,000 barrels of oil-equivalent daily during the most recently completed fiscal year, and (y) “material supplier or customer” means a supplier or customer to whom the Company paid, or from whom the Company received, at least $250 million in consideration in the prior calendar year.

Restricted Entities has the meaning given to such term in Section 5.13.

Restricted Entities has the meaning ascribed to it in Clause 18.3.

Restricted Entities means any chain restaurant company with franchised and/or company-owned outlets, and Affiliates (other than Funds) of any such company.

Restricted Entities means (i) the Company; (ii) any subsidiary of the Company; and (iii) the successors and assigns of each of the Persons referred to in clauses “(i),” “(ii)” and “(iii)” of this sentence (and any one of the Restricted Entities being a “Restricted Entity”).