Examples of Gaming Subsidiaries in a sentence
Subject to applicable Gaming Laws (with respect to those Debtors which are Gaming Subsidiaries), each Debtor hereby grants to the Secured Party a security interest in and continuing lien on all of such Debtor's right, title and interest in, to and under all Trademarks, and all related goodwill, of such Debtor including, but not limited to, those referenced in SCHEDULE A hereto.
No director or officer of Engine Gaming or any of the Engine Gaming Subsidiaries has received any objection from any Securities Authority or stock exchange as to his or her serving in any capacity as director or officer of any reporting issuer in a jurisdiction in Canada or the United States.
Since December 7, 2020, neither Engine Gaming nor any of the Engine Gaming Subsidiaries has received any written notice from any Governmental Entity regarding any actual or possible violation of, or failure to comply with, any Law, which has had or would reasonably be expected to have, individually or in the aggregate, an Engine Gaming Material Adverse Effect.
Hilton shall cause all of its directors and the Retained Business Group Employees to resign from all boards of directors or similar governing bodies of Park Place or any of the Gaming Subsidiaries on which they serve, and from all positions as officers or employees of Park Place or any of the Gaming Subsidiaries in which they serve, except as set forth in Schedule 10.
There is no Order to which Engine Gaming or any of the Engine Gaming Subsidiaries, or any of the material assets owned or used by any of them, is subject which would reasonably be expected to have, individually or in the aggregate, an Engine Gaming Material Adverse Effect.
The financial books and records of Engine Gaming and each of the Engine Gaming Subsidiaries fairly and correctly set out and disclose in all material respects, in accordance with IFRS, if required, its financial position as at the date hereof and all material financial transactions have been accurately recorded in such books and records on a consistent basis and in conformity with IFRS, if required.
None of the Engine Gaming Subsidiaries is subject to any continuous or periodic, or other disclosure requirements under any Securities Laws or securities Laws.
All material records, systems, controls, data or information (including any digital, electronic, mechanical, photographic or other technological process or device whether computerized or not) required to operate the business of Engine Gaming are in the full possession and control of and are owned exclusively by Engine Gaming or the Engine Gaming Subsidiaries.
On or prior to the Distribution Date, Hilton shall take or cause to be taken all actions necessary to cause the transfer, assignment, delivery and conveyance to Park Place and/or the appropriate Gaming Subsidiaries designated by Park Place of all of Hilton's and its Subsidiaries' right, title and interest in any Gaming Group Assets held, on or prior to the Distribution Date, by Hilton or any Retained Business Subsidiary.
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