Common use of Without limiting Section 6 Clause in Contracts

Without limiting Section 6. 6(a), Buyer and its Representatives and Affiliates shall file, or cause to be filed, with the Iowa Commission and/or DCI as soon as reasonably practicable, and in any event within thirty (30) days after the date of this Agreement or any date set by the Iowa Commission or DCI or any other applicable Governmental Entity, whichever is earlier, all required initial applications and documents required to be filed in connection with obtaining the Governmental Approvals, including, (i) with respect to each of the Initial Qualifiers, a correct and complete application for licensure or suitability that complies with applicable Gaming Laws and (ii) for each Buyer financing source and its Affiliates and any related individual qualifiers that require approvals under applicable Gaming Laws. If Buyer or its Affiliates determine or are otherwise made aware that any other Person must obtain Gaming Approval in order to consummate the transactions contemplated by this Agreement, as promptly as reasonably practicable (and in any event within five (5) Business Days of being made so aware) Buyer shall provide notice thereof to Seller (after which time such Person shall be considered a Required Licensee) and as promptly as reasonably practicable (and in any event within thirty (30) days) or by any date set by the Iowa Commission or DCI, whichever is earlier, Buyer shall cause such Person to file with the Iowa Commission a correct and complete application for licensure or suitability that complies with applicable Gaming Laws. Buyer and its Affiliates shall use their commercially reasonable efforts to promptly comply (and cause each such Person making an application to comply) with any request of the Iowa Commission related to any such applications and to obtain approval of the Iowa Commission for all such applications as promptly as reasonably practicable and to avoid or eliminate each and every impediment under any Law that may be asserted by the Iowa Commission with respect to the Closing so as to enable the Closing to occur as soon as reasonably practicable (and in any event no later than the Outside Date). Buyer and its Affiliates shall keep Seller informed on a reasonably current basis and in reasonable detail of the status of all such applications. The Parties acknowledge that Seller intends to file or cause to be filed this Agreement for approval by, and that this Agreement is subject to the approval of, the Iowa Commission.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Isle of Capri Casinos Inc), Option Agreement (Isle of Capri Casinos Inc)

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Without limiting Section 6. 6(a)7.1 hereof, Buyer, Buyer Parent and its their respective Representatives and Affiliates shall file, or cause to be filed, with the Iowa Commission and/or DCI appropriate New Jersey Gaming Authority, as soon as reasonably practicable, practicable (and in any event within thirty no more than fifteen (3015) days after the date of this Agreement or any date set by the Iowa Commission or DCI or any other applicable Governmental Entity, whichever is earlier, all required initial applications and documents required to be filed in connection with obtaining the Governmental Approvals, includinghereof), (iA) with respect to each of the Initial Qualifiers, a correct and complete application for licensure or suitability qualification that complies with applicable Gaming Laws Laws, for all of the Initial Qualifiers, and (iiB) a correct and complete application for licensure or qualification that complies with applicable Gaming Laws, for each Buyer financing financial source and its Affiliates and any related entity and individual qualifiers that require approvals under applicable Gaming Laws. If Buyer determines or its Affiliates determine or are is otherwise made aware that any other Person must obtain Gaming Approval in order to consummate the transactions contemplated by this Agreement, as promptly as reasonably practicable (and in any event within five (5) Business Days of being made so awareDays) Buyer shall provide notice thereof to Seller (after which time such Person shall be considered a Required Licensee) and as promptly as reasonably practicable (and in any event within thirty (30) 30 days) or by any date set by the Iowa Commission or DCI, whichever is earlier), Buyer shall cause such Person to file with the Iowa Commission appropriate New Jersey Gaming Authority a correct and complete application for licensure or suitability qualification that complies with applicable Gaming Laws. Buyer and its Affiliates shall use their its commercially reasonable efforts to promptly comply (and cause each such Person making an application to comply) with any request of the Iowa Commission any New Jersey Gaming Authority related to any such applications and to obtain approval of the Iowa Commission appropriate New Jersey Gaming Authority for all such applications as promptly as reasonably practicable and to avoid or eliminate each and every impediment under any Law that may be asserted by the Iowa Commission any New Jersey Gaming Authority with respect to the Closing so as to enable the Closing to occur as soon as reasonably practicable (and in any event no later than the Outside Date). Buyer and its Affiliates shall keep Seller informed on a reasonably current basis and in reasonable detail of the status of all such applications. The Parties acknowledge that Seller intends to file or cause to be filed this Agreement for approval by, and that this Agreement is subject to the approval of, the Iowa Commission.

Appears in 1 contract

Samples: Asset Purchase Agreement (Trump Entertainment Resorts, Inc.)

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Without limiting Section 6. 6(a)7.1 hereof, Buyer, Buyer Parent and its their respective Representatives and Affiliates shall file, or cause to be filed, with the Iowa Commission and/or DCI appropriate New Jersey Gaming Authority, as soon as reasonably practicable, practicable (and in any event within thirty (30) no more than 30 days after the date of this Agreement or any date set by the Iowa Commission or DCI or any other applicable Governmental Entity, whichever is earlier, all required initial applications and documents required to be filed in connection with obtaining the Governmental Approvals, includinghereof), (iA) with respect to each of the Initial Qualifiers, a correct and complete application for licensure or suitability qualification that complies with applicable Gaming Laws Laws, for all of the Initial Qualifiers, and (iiB) a correct and complete application for licensure or qualification that complies with applicable Gaming Laws, for each Buyer financing source and its Affiliates entity and any related individual qualifiers that require approvals under applicable Gaming LawsLaws (and any financial source and its Affiliates, if applicable). If Buyer determines or its Affiliates determine or are is otherwise made aware that any other Person must obtain Gaming Approval in order to consummate the transactions contemplated by this Agreement, as promptly as reasonably practicable (and in any event within five (5) Business Days of being made so awareDays) Buyer shall provide notice thereof to Seller (after which time such Person shall be considered a Required Licensee) and as promptly as reasonably practicable (and in any event within thirty (30) 30 days) or by any date set by the Iowa Commission or DCI, whichever is earlier), Buyer shall cause such Person to file with the Iowa Commission appropriate New Jersey Gaming Authority a correct and complete application for licensure or suitability qualification that complies with applicable Gaming Laws. Buyer and its Affiliates shall use their its commercially reasonable efforts to promptly comply (and cause each such Person making an application to comply) with any request of the Iowa Commission any New Jersey Gaming Authority related to any such applications and to obtain approval of the Iowa Commission appropriate New Jersey Gaming Authority for all such applications as promptly as reasonably practicable and to avoid or eliminate each and every impediment under any Law that may be asserted by the Iowa Commission appropriate New Jersey Gaming Authority with respect to the Closing so as to enable the Closing to occur as soon as reasonably practicable (and in any event no later than the Outside Date). Buyer and its Affiliates shall keep Seller informed on a reasonably current basis and in reasonable detail of the status of all such applications. The Parties acknowledge that Seller intends to file or cause to be filed this Agreement for approval by, and that this Agreement is subject to the approval of, the Iowa Commission.

Appears in 1 contract

Samples: Asset Purchase Agreement (Trump Entertainment Resorts, Inc.)

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