Initial Minimum Payment Guarantors definition

Initial Minimum Payment Guarantors shall include HET, HOC, ▇▇▇▇▇▇'▇ New Orleans Investment Company, ▇▇▇▇▇▇'▇ Crescent City Investment Company, ▇▇▇▇▇▇'▇ New Orleans Management Company, their successors and assigns, and all direct or indirect subsidiaries, and each of their parents, subsidiaries, officers, directors, corporate representatives, employees, agents, lawyers and accountants and all persons acting or claiming through, under or in concert with any of them.
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Initial Minimum Payment Guarantors means HET and HOC.
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Initial Minimum Payment Guarantors means HET and HOCI.
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Examples of Initial Minimum Payment Guarantors in a sentence

  • The HET/JCC Agreement provides that the Initial Minimum Payment Guarantors will provide the Minimum Payment Guaranty required under the Casino Operating Contract for the Fiscal Years (as defined in the Casino Operating Contract) ending March 31, 1999 and March 31, 2000, renewable for the four Fiscal Years thereafter through March 31, 2004, subject to termination or non-renewal in accordance with the terms of the HET/JCC Agreement.

  • The Initial Minimum Payment Guarantors have expressly informed the Trustee on behalf of the Holders that the Initial Minimum Payment Guarantors have not agreed to renew the HET/JCC Agreement beyond March 31, 2004, or in any prior year where the Initial Minimum Payment Guarantors' obligation to furnish a Minimum Payment Guaranty does not renew by the express terms of Section 1(b) of the HET/JCC Agreement.

  • The Initial Minimum Payment Guarantors have informed the Trustee on behalf of the Holders that any decision the Initial Minimum Payment Guarantors make concerning whether to renew any Minimum Payment Guaranty or the HET/JCC Agreement will be made in the Initial Minimum Payment Guarantors' sole discretion, acting only in their best interests.

  • In entering into the HET/JCC Agreement, the Initial Minimum Payment Guarantors have no obligation to provide a Minimum Payment Guaranty for the entire term of the Casino Operating Contract, but rather have agreed only to provide a Minimum Payment Guaranty for the period and on terms and conditions specified therein.

  • The Initial Minimum Payment Guarantors have informed the Company and the Trustee (acting on behalf of the Holders) that any decision they make concerning whether to renew any Guaranty or the Initial HET/JCC Agreement will be made in their sole discretion, acting only in their best interests.

  • In entering into the Initial HET/JCC Agreement, the Initial Minimum Payment Guarantors have no obligation to provide a Minimum Payment Guaranty for the entire term of the COC, but rather have agreed only to provide it for the period and on terms and conditions specified therein.

  • The Company, the Guarantor, the Trustee, the Credit Agent or the Initial Minimum Payment Guarantors by notice to the others may designate additional or different addresses for subsequent notices or communications.

  • In entering into the HET/JCC Agreement, the Initial Minimum Payment Guarantors have no obligation to provide a 116 Minimum Payment Guaranty for the entire term of the Casino Operating Contract, but rather have agreed only to provide a Minimum Payment Guaranty for the period and on terms and conditions specified therein.

  • The Initial Minimum Payment Guarantors have expressly informed the Company and the Trustee (acting on behalf of the Holders) that they have not agreed to renew the Initial HET/JCC Agreement beyond March 31, 2004, or in any prior year where the Initial Minimum Payment Guarantors' obligation to furnish a Guaranty does not renew by the express terms of Section 1(b) of the Initial HET/JCC Agreement.

Related to Initial Minimum Payment Guarantors

  • Minimum Payment means the amount of minimum payment as stated in the Fee Schedule;

  • stipulated minimum threshold means that portion of local production and content as determined by the Department of Trade and Industry; and

  • Earn-Out Amount has the meaning set forth in Section 2.07(a).

  • VWAP Minimum Price Threshold means, with respect to any particular VWAP Purchase Notice, the Sale Price on the VWAP Purchase Date equal to the greater of (i) 80% of the Closing Sale Price on the Business Day immediately preceding the VWAP Purchase Date or (ii) such higher price as set forth by the Company in the VWAP Purchase Notice.

  • LWDA PAGA Payment means the 75% of the PAGA Penalties paid to the LWDA under Labor Code section 2699, subd. (i).