Sponsor Support Release Date definition

Sponsor Support Release Date has the meaning given in the Wynn Resorts Support Agreement.
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Sponsor Support Release Date means the date on which the following conditions are satisfied:
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Sponsor Support Release Date will have the meaning set forth in the Sponsor Support Agreement (from and after its entry into force).
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Examples of Sponsor Support Release Date in a sentence

  • The payment obligations under the Senior Finance Documents of each of the Wynn Obligors (other than, after the Sponsor Support Release Date, Wynn Resorts) and the Company rank at least pari passu with all its other present and future unsecured and unsubordinated obligations, except for obligations mandatorily preferred by law applying to companies generally.

  • The Contingent Equity Commitment shall be released in full on the Sponsor Support Release Date.

  • Any remaining amount funded to the Securities Account pursuant to Clause 5.3 (Funding into Securities Account) shall be released from the Securities Account and paid to Wynn Resorts on the Sponsor Support Release Date.

  • This Sponsor Support Agreement will terminate automatically on the Sponsor Support Release Date.

  • Wynn Resorts shall be released from the Contingent Subordinated Funding Commitment in full on the Sponsor Support Release Date.

  • Procure that the obligations of the Company and each Wynn Obligor (other than, after the Sponsor Support Release Date, Wynn Resorts) under the Senior Finance Documents do and shall rank at least pari passu with all its other present and future unsecured and unsubordinated obligations, except for obligations mandatorily preferred by law applying to companies generally.