Common use of Special Distributions Clause in Contracts

Special Distributions. On each date on which amounts are required to be paid to Lender under any of the Loan Documents (or required be disbursed to the Mezzanine Collection Account, if applicable) Borrower shall exercise its rights under the First Mezzanine Borrower Company Agreement to cause Senior Mezzanine Borrower to make to Borrower a distribution in an aggregate amount such that Lender shall receive the amount required to be disbursed to the Mezzanine Collection Account or otherwise paid to Lender on such date.

Appears in 16 contracts

Samples: Fifth Mezzanine Loan Agreement (Harrahs Entertainment Inc), Fifth Mezzanine Loan Agreement (Harrahs Entertainment Inc), Eighth Mezzanine Loan Agreement (Harrahs Entertainment Inc)

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Special Distributions. On each date on which amounts are required to be paid to Lender under any of the Loan Documents (or required be disbursed to the Mezzanine Collection Account, if applicable) Borrower shall exercise its rights under the First Mezzanine Mortgage Borrower Company Agreement to cause Senior Mezzanine Mortgage Borrower to make to Borrower a distribution in an aggregate amount such that Lender shall receive the amount required to be disbursed to the Mezzanine Collection Account or otherwise paid to Lender on such date.

Appears in 2 contracts

Samples: First Mezzanine Loan Agreement (Harrahs Entertainment Inc), First Mezzanine Loan Agreement (Harrahs Entertainment Inc)

Special Distributions. On each date on which amounts are required to be paid to Lender under any of the Loan Documents (or required be disbursed to the Mezzanine Collection Account, if applicable) ), Borrower shall exercise its rights under the First Mezzanine Mortgage Borrower Company Agreement to cause Senior Mezzanine Mortgage Borrower to make to Borrower a distribution in an aggregate amount such that Lender shall receive the amount required to be disbursed to the Mezzanine Collection Account or otherwise paid to Lender on such date.

Appears in 1 contract

Samples: First Mezzanine Loan Agreement (Harrahs Entertainment Inc)

Special Distributions. On each date on which amounts are required to be paid to Lender under any of the Loan Documents (or required to be disbursed to the Mezzanine Collection Account, if applicable) ), Borrower shall exercise its rights under the First applicable Senior Mezzanine Borrower Company Agreement to cause Senior Third Mezzanine Borrower to make to Borrower a distribution in an aggregate amount such that Lender shall receive the amount required to be disbursed to the Mezzanine Collection Account or otherwise paid to Lender on such date.

Appears in 1 contract

Samples: Fourth Mezzanine Loan Agreement (Harrahs Entertainment Inc)

Special Distributions. On each date on which amounts are required to be paid to Lender under any of the Loan Documents (or required to be disbursed to the Mezzanine Collection Account, if applicable) ), Borrower shall exercise its rights under the First applicable Senior Mezzanine Borrower Company Agreement to cause Senior Fifth Mezzanine Borrower to make to Borrower a distribution in an aggregate amount such that Lender shall receive the amount required to be disbursed to the Mezzanine Collection Account or otherwise paid to Lender on such date.

Appears in 1 contract

Samples: Sixth Mezzanine Loan Agreement (Harrahs Entertainment Inc)

Special Distributions. On each date on which amounts are required to be paid to Lender under any of the Loan Documents (or required to be disbursed to the Mezzanine Collection Account, if applicable) ), Borrower shall exercise its rights under the First applicable Senior Mezzanine Borrower Company Agreement to cause Senior Seventh Mezzanine Borrower to make to Borrower a distribution in an aggregate amount such that Lender shall receive the amount required to be disbursed to the Mezzanine Collection Account or otherwise paid to Lender on such date.

Appears in 1 contract

Samples: Eighth Mezzanine Loan Agreement (Harrahs Entertainment Inc)

Special Distributions. On each date on which amounts are required to be paid to Lender under any of the Loan Documents (or required to be disbursed to the Mezzanine Collection Account, if applicable) ), Borrower shall exercise its rights under the First applicable Senior Mezzanine Borrower Company Agreement to cause Senior Eighth Mezzanine Borrower to make to Borrower a distribution in an aggregate amount such that Lender shall receive the amount required to be disbursed to the Mezzanine Collection Account or otherwise paid to Lender on such date.

Appears in 1 contract

Samples: Ninth Mezzanine Loan Agreement (Harrahs Entertainment Inc)

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Special Distributions. On each date on which amounts are required to be paid to Lender under any of the Loan Documents (or required to be disbursed to the Mezzanine Collection Account, if applicable) ), Borrower shall exercise its rights under the First applicable Senior Mezzanine Borrower Company Agreement to cause Senior Sixth Mezzanine Borrower to make to Borrower a distribution in an aggregate amount such that Lender shall receive the amount required to be disbursed to the Mezzanine Collection Account or otherwise paid to Lender on such date.

Appears in 1 contract

Samples: Second Amended And (Harrahs Entertainment Inc)

Special Distributions. On each date on which amounts are required to be paid to Lender under any of the Loan Documents (or required to be disbursed to the Mezzanine Collection Account, if applicable) ), Borrower shall exercise its rights under the First applicable Senior Mezzanine Borrower Company Agreement to cause Senior First Mezzanine Borrower to make to Borrower a distribution in an aggregate amount such that Lender shall receive the amount required to be disbursed to the Mezzanine Collection Account or otherwise paid to Lender on such date.

Appears in 1 contract

Samples: Second Mezzanine Loan Agreement (Harrahs Entertainment Inc)

Special Distributions. On each date on which amounts are required to be paid to Lender under any of the Loan Documents (or required to be disbursed to the Mezzanine Collection Account, if applicable) ), Borrower shall exercise its rights under the First applicable Senior Mezzanine Borrower Company Agreement to cause Senior Fourth Mezzanine Borrower to make to Borrower a distribution in an aggregate amount such that Lender shall receive the amount required to be disbursed to the Mezzanine Collection Account or otherwise paid to Lender on such date.

Appears in 1 contract

Samples: Fifth Mezzanine Loan Agreement (Harrahs Entertainment Inc)

Special Distributions. On each date on which amounts are required to be paid to Lender under any of the Loan Documents (or required to be disbursed to the Mezzanine Collection Account, if applicable) ), Borrower shall exercise its rights under the First applicable Senior Mezzanine Borrower Company Agreement to cause Senior Second Mezzanine Borrower to make to Borrower a distribution in an aggregate amount such that Lender shall receive the amount required to be disbursed to the Mezzanine Collection Account or otherwise paid to Lender on such date.

Appears in 1 contract

Samples: Third Mezzanine Loan Agreement (Harrahs Entertainment Inc)

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