Common use of Immediately upon Clause in Contracts

Immediately upon. a determination that a Holder or beneficial owner will not be licensed, qualified or found suitable, the Holder or beneficial owner will have no further rights (1) to exercise any right conferred by the Notes, directly or indirectly, through any trustee, nominee or any other Person or entity, or (2) to receive any interest or other distribution or payment with respect to the Notes or any remuneration in any form from the Issuers for services rendered or otherwise, except the redemption price of the Notes.

Appears in 4 contracts

Samples: Circus and Eldorado Joint (Circus & Eldorado Joint Venture), Circus and Eldorado Joint (Circus & Eldorado Joint Venture), Indenture (Circus & Eldorado Joint Venture)

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Immediately upon. a determination that a Holder or beneficial owner will Beneficial Owner shall not be licensed, qualified or found suitable, the Holder or beneficial owner will Beneficial Owner shall have no further rights right (1) to exercise any right conferred by the Notes, directly or indirectly, through any trustee, nominee or any other Person or entity, or (2) to receive any interest or other distribution or payment with respect to the Notes or any remuneration in any form from the Issuers Enterprise for services rendered or otherwise, except the redemption price of the Notes.

Appears in 2 contracts

Samples: Mississippi Band of Choctaw Indians Dba Choctaw RSRT DVLP E, Mississippi Band of Choctaw Indians Dba Choctaw RSRT DVLP E

Immediately upon. a determination that a Holder holder or beneficial owner will not be licensed, qualified or found suitable, the Holder holder or beneficial owner will have no further rights (1) to exercise any right conferred by the Notes, directly or indirectly, through any trustee, nominee or any other Person or entity, or (2) to receive any interest or other distribution or payment with respect to the Notes or any remuneration in any form from the Issuers Company for services rendered or otherwise, except the redemption price of the Notes. The holder or beneficial owner applying for a license, qualification or finding of suitability must pay all related costs.

Appears in 1 contract

Samples: Coast Resorts Inc

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Immediately upon. a determination that a Holder or beneficial owner will Beneficial Owner shall not be licensed, qualified or found suitable, the Holder or beneficial owner will Beneficial Owner shall have no further rights (1) to exercise any right conferred by the Notes, directly or indirectly, through any trustee, nominee or any other Person or entity, or (2) to receive any interest or other distribution or payment with respect to the Notes or any remuneration in any form from the Issuers Enterprise for services rendered or otherwise, except the redemption price of the Notes.

Appears in 1 contract

Samples: Mississippi Band of Choctaw Indians Dba Choctaw RSRT DVLP E

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