SENIOR SECURED NOTE SECURITY AGREEMENT Dated as of March 29, 2005Senior Secured Note Security Agreement • May 13th, 2005 • 155 East Tropicana, LLC • New York
This SENIOR SECURED NOTE SECURITY AGREEMENT, dated as of March 29, 2005 (this “Agreement”), is among (i) 155 East Tropicana, LLC, a Nevada limited-liability company (“155 East Tropicana”) and 155 East Tropicana Finance Corp., a Nevada corporation (“155 East Tropicana Finance”, and together with 155 East Tropicana, the “Issuers”), (ii) each Additional Grantor that from time to time becomes a party by executing a Security Agreement Supplement (together with the Issuers, the “Grantors”), and (iii) The Bank of New York Trust Company, N.A., as collateral agent for the Secured Parties (in such capacity, the “Collateral Agent”).
