Common use of PORTAL Clause in Contracts

PORTAL. The Notes shall have (A) been designated PORTAL securities in accordance with the rules and regulations adopted by the NASD relating to trading in the PORTAL market, and (B) received a rating of "B" and "B2" from Standard & Poor's Corporation and Moody's Investors Services, Inc., respectively.

Appears in 2 contracts

Samples: Purchase Agreement (Majestic Investor Capital Corp), Majestic Star Casino LLC

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PORTAL. The Notes shall have (A) been designated PORTAL securities in accordance with the rules and regulations adopted by the NASD relating to trading in the PORTAL market, and (B) received a rating of "BB-" and "B2B3" from Standard & Poor's Corporation and Moody's Investors Services, Inc., respectively.

Appears in 1 contract

Samples: Majestic Star Casino LLC

PORTAL. The Notes shall have (A) been designated PORTAL securities in accordance with the rules and regulations adopted by the NASD relating to trading in the PORTAL market, and (B) received a rating of "BBB-" and "B2" from Standard & Poor's Corporation and Moody's Investors Services, Inc., respectively.

Appears in 1 contract

Samples: Majestic Star Casino LLC

PORTAL. (A) The Notes shall have (A) been designated PORTAL securities in accordance with the rules and regulations adopted by the NASD relating to trading in the PORTAL market, and (B) the Senior Secured Notes shall have received a rating of "B" and "B2" “B3” from Standard & Poor's ’s Corporation (“S&P”) and Moody's Xxxxx’x Investors Services, Inc.Inc. (“Moody’s”), respectively, and the Senior Subordinated Notes shall have received a rating of “CCC+” and “Caa2” from S&P and Moody’s, respectively.

Appears in 1 contract

Samples: Purchase Agreement (Oasis Interval Ownership, LLC)

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PORTAL. The Notes shall have (A) been designated PORTAL securities in accordance with the rules and regulations adopted by the NASD relating to trading in the PORTAL market, and (B) received a rating of "B" and "B2" “B-” from Standard & Poor's ’s Corporation (“S&P”) and Moody's “B3” from Xxxxx’x Investors Services, Inc., respectivelyInc. (“Moody’s”).

Appears in 1 contract

Samples: Purchase Agreement (155 East Tropicana, LLC)

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