Common use of REDESIGNATION OF PARTIES Clause in Contracts

REDESIGNATION OF PARTIES. On and after the date hereof, (i) all references to "Lender/Purchaser" under the Agreement shall refer to FINOVA Capital Corporation, and (ii) all references to "Client" under the Agreement shall refer to London Bridge Resort, Inc.

Appears in 1 contract

Sources: Receivables Loan and Security Agreement (Resort Investment LLC)

REDESIGNATION OF PARTIES. On and after the date hereof, (i) all references to "Lender/PurchaserBuyer" under the Agreement shall refer to FINOVA Capital Corporation, which shall be designated as "Lender" under the Agreement, and (ii) all references to "ClientSeller" under the Agreement shall refer to London Bridge Resort, Inc., which shall be designated as "Borrower" under the Agreement.

Appears in 1 contract

Sources: Receivables Loan and Security Agreement (Resort Investment LLC)