Gaming Authorization Sample Clauses

Gaming Authorization. The Required Term Loan A Lenders shall be satisfied that all Gaming Licenses or other authorizations by any Gaming Authority, if any, required or desirable in connection with (i) the acquisition and operation of the Premises, and (ii) the execution, delivery and performance of this Agreement, the other Loan Documents and the Liens and security interests granted pursuant hereto and thereto, have been obtained and are in full force and effect; provided that, so long as Aladdin fulfills its conditions precedent under the Purchase and Sale Agreement (or any such conditions are waived by the Borrower), the Closing Date shall have occurred on or before the third day after the last day of the calendar month in which all such Gaming Licenses and other authorizations by any Gaming Authority shall have been obtained (with the Closing Date deemed to have occurred as of the last day of the calendar month of such approval).