Continuation of business of Principal Resorts. The Company must ensure that the Restricted Group continues to own and operate the MGM Macau and, after its construction, the MGM Cotai, as integrated casino resorts.
Appears in 2 contracts
Samples: Credit Agreement (MGM Resorts International), Credit Agreement (MGM Resorts International)
Continuation of business of Principal Resorts. The Company must ensure that the Restricted Group continues to own and operate the MGM Macau and, after its construction, and the MGM Cotai, as integrated casino resorts.
Appears in 2 contracts
Samples: Credit Facility Agreement (MGM Resorts International), Credit Facility Agreement (MGM Resorts International)
Continuation of business of Principal Resorts. The Company must ensure that the Restricted Group continues to own and operate the MGM Macau and, after its construction, the MGM Cotai, as integrated casino resorts, provided that there shall be no breach of this Clause solely by reason of the occurrence of a Sub-Concession Expiry before 31 March 2022.
Appears in 1 contract
