Common use of Policies of Insurance Clause in Contracts

Policies of Insurance. Each of the copies of the policies, declaration pages, original binders and certificates of insurance evidencing the Policies of Insurance as required under Section 5.09 with respect to the Hotel/Casino Facility and each component of the Real Property delivered to Agent Bank by Borrowers (i) is a true, correct and complete copy of the respective original thereof as in effect on the date hereof or thereof, without amendments or modifications of any of said documents or instruments not included in such copies, and (ii) has not been terminated and is in full force and effect. Borrowers are not in default in the observance or performance of its obligations under said documents and instruments, and Borrowers have all things

Appears in 1 contract

Samples: Credit Agreement (Black Hawk Gaming & Development Co Inc)

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Policies of Insurance. Each As of the Closing Date, each of the copies of the policies, declaration pages, original binders and certificates of insurance evidencing the Policies of Insurance as required under Section 5.09 with respect relating to the Hotel/Casino Facility Facilities and each component of the Real Property ACLVI Project delivered to Agent Bank by Borrowers (i) is a true, correct and complete copy of the respective original thereof as in effect on the date hereof or thereofhereof, without and no amendments or modifications of any of said documents or instruments not included in such copiescopies have been made, and (ii) has not been terminated and is in full force and effect. Borrowers are not in default in the observance or performance of its their respective obligations under said documents and instruments, and Borrowers have done all thingsthings required to be done as of the Closing Date to keep unimpaired their respective rights thereunder.

Appears in 1 contract

Samples: Credit Agreement (Ameristar Casinos Inc)

Policies of Insurance. Each As of the Closing Date, each of the copies of the policies, declaration pages, original binders and certificates of insurance evidencing the Policies of Insurance as required under Section 5.09 with respect relating to the Hotel/Casino Facility and each component of the Real Property Expansion Project delivered to Agent Bank by Borrowers Borrower (i) is a true, correct and complete copy of the respective original thereof as in effect on the date hereof or thereofhereof, without and no amendments or modifications of any of said documents or instruments not included in such copiescopies have been made, and (ii) has not been terminated and is in full force and effect. Borrowers are Borrower is not in default in the observance or performance of its obligations under said documents and instruments, and Borrowers have Borrower has done all thingsthings required to be done as of the Closing Date to keep unimpaired its rights thereunder.

Appears in 1 contract

Samples: Construction and Reducing Revolving Credit Agreement (Monarch Casino & Resort Inc)

Policies of Insurance. Each As of the date hereof, each of the copies of the policies, declaration pages, original binders and certificates of insurance evidencing the Policies of Insurance as required under Section 5.09 with respect relating to the Hotel/Casino Facility and each component of the Real Property Facilities delivered to Agent Bank by Borrowers (i) is a true, correct and complete copy of the respective original thereof as in effect on the date hereof or thereofhereof, without and no amendments or modifications of any of said documents or instruments not included in such copiescopies have been made, and (ii) has not been terminated and is in full force and effect. Borrowers Borrowers, and each of them, are not in default in the observance or performance of its their respective obligations under said documents and instruments, and Borrowers Borrowers, and each of them, have done all thingsthings required to be done as of the date of this Credit Agreement to keep unimpaired their rights thereunder.

Appears in 1 contract

Samples: Credit Agreement (Primadonna Resorts Inc)

Policies of Insurance. Each As of the Closing Date, each of the copies of the policies, declaration pages, original binders and certificates of insurance evidencing the Policies of Insurance as required under Section 5.09 with respect relating to the Hotel/Casino Facility and each component of the Real Property Collateral delivered to Agent Bank Lender by Borrowers Borrower and/or the Collateral Guarantor (i) is a true, correct and complete copy of the respective original thereof as in effect on the date hereof or thereofhereof, without and no amendments or modifications of any of said documents or instruments not included in such copiescopies have been made, and (ii) has not been terminated and is in full force and effect. Borrowers are Borrower is not in default in the observance or performance of its obligations under said documents and instruments, and Borrowers have Borrower has done all thingsthings required to be done as of the date of this Credit Agreement to keep unimpaired its rights thereunder.

Appears in 1 contract

Samples: Credit Agreement (Herbst Gaming Inc)

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Policies of Insurance. Each As of the Closing Date, each of the copies of the policies, declaration pages, original binders and certificates of insurance evidencing the Policies of Insurance as required under Section 5.09 with respect relating to the Hotel/Casino Facility and each component of the Real Property Construction Projects delivered to Agent Bank by Borrowers Xxxxxxxx (i) is a true, correct and complete copy of the respective original thereof as in effect on the date hereof or thereofhereof, without and no amendments or modifications of any of said documents or instruments not included in such copiescopies have been made, and (ii) has not been terminated and is in full force and effect. Borrowers are To the best knowledge of Borrower, Borrower is not in default in the observance or performance of its obligations under said documents and instruments, and Borrowers have Borrower has done all thingsthings required to be done as of the Closing Date to keep unimpaired its rights thereunder.

Appears in 1 contract

Samples: Credit Agreement (Century Casinos Inc /Co/)

Policies of Insurance. Each As of the Closing Date, each of the copies of the policies, declaration pages, original binders and certificates of insurance evidencing the Policies of Insurance as required under Section 5.09 with respect relating to the Hotel/Casino Facility and each component of the Real Property Facilities delivered to Agent Bank by Borrowers (i) is a true, correct and complete copy of the respective original thereof as in effect on the date hereof or thereofhereof, without and no amendments or modifications of any of said documents or instruments not included in such copiescopies have been made, and (ii) has not been terminated and is in full force and effect. Borrowers Borrowers, and each of them, are not in default in the observance or performance of its their respective obligations under said documents and instruments, and Borrowers Borrowers, and each of them, have done all thingsthings required to be done as of the date of this Credit Agreement to keep unimpaired their rights thereunder.

Appears in 1 contract

Samples: Credit Agreement (Black Hawk Gaming & Development Co Inc)

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