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EXHIBIT H
TO
PARTICIPATION AGREEMENT
FORM OF ADVANCE REQUEST
ADVANCE REQUEST
[Date]
TO: Xxxxxx Financial Leasing, Inc., as agent ("Agent") under the
Participation Agreement, dated as of May 28, 1999, among
Stratosphere Gaming Corp., as Lessee, Stratosphere Corporation, as
Guarantor, First Security Trust Company of Nevada, as Trustee, the
Lenders identified therein and Agent (the "Participation
Agreement"). Unless the context otherwise requires, all capitalized
terms used herein and not otherwise defined shall have the meanings
assigned to them in Appendix 1 to the Participation Agreement.
First Security Trust Company of Nevada, as Trustee, and
the Lenders listed on Schedule II to the Participation Agreement
FROM: Stratosphere Gaming Corp.
RE: Advance Request
1. This Advance Request is delivered pursuant to Section 3.1(a) of the
Participation Agreement.
2. Lessee hereby requests the Advance pursuant to the Participation
Agreement in the amount of $10,000,000.
3. The proposed Advance Date is May 28, 1999.
4. The Advance is to fund Equipment Costs listed on Schedule 1 hereto.
ADVANCE REQUEST
5. Lessee requests that the disbursement be remitted as follows:
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Payee Amount
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Stratosphere Gaming Corp. $8,694,337.03
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Xxxxxx Financial Leasing, Inc. $1,297,662.97
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Pheonixcor, Inc. $8,000
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6. The funds received from this Advance will be used in accordance with
the terms of the Operative Documents and Section 4 of this Advance Request.
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ADVANCE REQUEST
STRATOSPHERE GAMING CORP.
By:
Name: Xxxxxx X. Xxxxxxx
Title: Vice President-Administration/
Chief Financial Officer
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ADVANCE REQUEST
SCHEDULE 1
TO ADVANCE REQUEST
Equipment Costs
