The Designation Clause Samples
The Designation clause identifies and specifies the parties, roles, or entities involved in an agreement or contract. It typically clarifies who is being referred to throughout the document by assigning defined terms, such as "Buyer," "Seller," or "Contractor," to the relevant individuals or organizations. This clause ensures that there is no ambiguity about the identity of each party, thereby promoting clarity and preventing misunderstandings regarding responsibilities and obligations.
The Designation. On September 17, 2014, the Massachusetts Gaming Commission (the “Commission”) designated Wynn MA, LLC, a Nevada limited liability company and subsidiary of the Borrower (“Wynn MA”), to receive the award of the Category 1 gaming license in Region A pursuant to that certain Agreement to Award the Category 1 License in Region A to Wynn MA, LLC dated as of September 17, 2014 (including the Exhibits attached thereto, and as the same may be amended, supplemented, restated or otherwise modified from time to time, the “Designation”). Per the Designation, the license award became effective as of November 7, 2014.
The Designation. On or prior to the First Closing Date, the Designation shall have been duly adopted and become effective and the Company shall have delivered a copy thereof, certified by an officer of the Company, to the Representative.
The Designation. The letter of Winston & Stra▇▇ ▇▇▇ed July 6, 2000 (the "Notice Letter") having attached thereto various documents described in Section 6 of the Intercreditor Agreement;