Grace Assets definition

Grace Assets shall have the meaning set forth in Section 2.2(b).
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Grace Assets means, without duplication:
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Grace Assets means, collectively (a) the ▇▇▇▇ ▇▇▇▇▇ Casino, a non-documented gaming excursion riverboat operating in LaGrange, Missouri, and related real and personal property assets, (b) the USS Osceola, a documented gaming excursion riverboat operating in Osceola, Iowa, and related real and personal property assets, (c) the Biloxi ▇▇▇▇ II (Official No. 1023167), a documented gaming excursion riverboat operating in St. ▇▇▇▇▇▇, Missouri, and related real and personal property assets, in each case as more fully described in the Grace Purchase Agreements.
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Examples of Grace Assets in a sentence

  • Notwithstanding the foregoing, any such Grace Assets or Grace Liabilities shall continue to constitute Grace Assets and Grace Liabilities for all other purposes of this Agreement.

  • The Parties shall use the procedures set forth in Article VII to resolve any disputes as to whether any information relates (A) solely to the Grace Business, the Grace Sold and Discontinued Businesses or the Legacy Sold and Discontinued Businesses that constitute Grace Assets, (B) solely to the GCP Business, the GCP Sold and Discontinued Businesses or the Legacy Sold and Discontinued Businesses that constitute GCP Assets or (C) to both.

  • Grace hereby waives compliance by each and every member of the GCP Group with the requirements and provisions of any “bulk-sale” or “bulk-transfer” Laws of any jurisdiction that may otherwise be applicable with respect to the transfer or sale of any or all of the Grace Assets to any member of the Grace Group.

  • Use the proceeds of the Credit Extensions for proper working capital and general corporate purposes of the Borrower and its Subsidiaries not in contravention of any Law or of any Loan Document and (c) with respect to the Term Commitments added pursuant to Section 2.16, for the acquisition of the Grace Assets and the operation of the Acquisition Subsidiaries.

  • Borrower shall use the proceeds of the Terms Loans for the acquisition of the Grace Assets and for other proper business purposes of Borrower and its Subsidiaries.

  • The Administrative Agent and the Increasing Lenders (which Increasing Lenders constitute the Requisite Lenders under the Credit Agreement), hereby waive the requirement of Section 2.16 of the Credit Agreement that the entirety of the Grace Asset Purchase be consummated concurrently with the extension of the Term Loans, provided that the Grace Assets located in and associated with the State of Iowa are purchased substantially concurrently with the making of the Term Loans.

Related to Grace Assets

  • Reference Assets means the underlying interest contained in the Reference Portfolio, and “Reference Asset” means each of the Reference Assets.

  • Specified Assets the following property and assets of such Grantor:

  • Portfolio Assets means all Loan Assets owned by the Borrower, together with all proceeds thereof and other assets or property related thereto, including all right, title and interest of the Borrower in and to:

  • Current Asset Collateral means all the “ABL Priority Collateral” as defined in the Intercreditor Agreement.

  • Liquid Assets mean Borrower's cash on hand plus Borrower's readily marketable securities.