AMENDMENT NO. 2 to SECURITY AGREEMENT
EXHIBIT 4.44
AMENDMENT NO. 2 to SECURITY AGREEMENT
This Security Pledge Amendment, dated as of March , 2005, is delivered pursuant to Section 5.1 of that certain security agreement (as amended, amended and restated, supplemented or otherwise modified from time to time, the “Security Agreement”; capitalized terms used but not otherwise defined herein shall have the meanings assigned to such terms in the Security Agreement), dated as of February 8, 2002, among Gameco, Inc. (the “Issuer”), the undersigned, the other Guarantors from time to time party thereto and ▇▇▇▇▇ Fargo Bank, National Association, as Trustee (in such capacity and together with any successors in such capacity, the “Trustee”). The undersigned hereby agrees that this Pledge Amendment may be attached to the Security Agreement and that the Pledged Securities and/or Intercompany Notes listed on this Pledge Amendment shall be deemed to be and shall become part of the Pledged Collateral and shall secure all Secured Obligations.
This Pledge Amendment shall be governed by and construed in accordance with the laws of the State of New York, as applied to contracts made and performed within the State of New York, without regard to principles of conflicts of law. The undersigned agrees to submit to the jurisdiction of the courts of the State of New York in any action or proceeding arising out of or relating to this Pledge Amendment.
PLEDGED SECURITIES
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ISSUER |
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CLASS |
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CERTIFICATE |
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PERCENTAGE OF ALL |
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Jalou ▇▇▇▇▇▇ Bridge, LLC |
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Membership Interests |
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1 |
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100 |
% |
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Jalou ▇▇▇▇▇▇, LLC |
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Membership Interests |
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1 |
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100 |
% |
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Jalou of Jefferson, LLC |
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Membership Interests |
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1 |
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100 |
% |
INTERCOMPANY NOTES
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ISSUER |
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PRINCIPAL |
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DATE OF |
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INTEREST |
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MATURITY |
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None |
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JALOU, LLC, a Louisiana limited liability |
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By: |
/s/ ▇▇▇ ▇. ▇▇▇▇▇▇▇ |
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▇▇▇ ▇. ▇▇▇▇▇▇▇ |
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President and Manager |
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AGREED TO AND ACCEPTED: |
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▇▇▇▇▇ FARGO BANK, NATIONAL ASSOCIATION, as Trustee |
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By: |
/s/ ▇▇▇▇▇▇ ▇. ▇’▇▇▇▇▇▇▇ |
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Name: ▇▇▇▇▇▇ ▇. ▇’▇▇▇▇▇▇▇ |
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Title: Assistant Vice President |
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