THE SAME, SUCH THIRTY (30) DAY PERIOD SHALL BE EXTENDED FOR SUCH TIME AS
IS REASONABLY NECESSARY FOR BORROWERS IN THE EXERCISE OF DUE DILIGENCE TO CURE
SUCH DEFAULT, SUCH ADDITIONAL PERIOD NOT TO EXCEED NINETY (90) DAYS, SUBJECT TO
EXCUSABLE DELAY;
(XXIV)
THE OCCURRENCE OF ANY EVENT THAT IS EXPRESSLY
SPECIFIED TO BE AN EVENT OF DEFAULT IN THIS AGREEMENT OR ANY OTHER LOAN
DOCUMENT; OR
210
(XXV)
IF ANY OTHER EVENT SHALL OCCUR OR CONDITION SHALL
EXIST, IF THE EFFECT OF SUCH EVENT OR CONDITION IS TO ACCELERATE THE MATURITY OF
ANY PORTION OF THE DEBT OR TO PERMIT LENDER TO ACCELERATE THE MATURITY OF ALL OR
ANY PORTION OF THE DEBT.
(B)
UPON THE OCCURRENCE AND DURING THE
CONTINUANCE OF AN EVENT OF DEFAULT (OTHER THAN AN EVENT OF DEFAULT DESCRIBED IN
CLAUSES (VI) OR (VII) ABOVE) AND AT ANY TIME THEREAFTER, IN ADDITION TO ANY
OTHER RIGHTS OR REMEDIES AVAILABLE TO IT PURSUANT TO THIS AGREEMENT AND THE
OTHER LOAN DOCUMENTS OR AT LAW OR IN EQUITY, TO THE EXTENT PERMITTED BY
APPLICABLE LAW, LENDER MAY TAKE SUCH ACTION, WITHOUT NOTICE OR DEMAND, THAT
LENDER DEEMS ADVISABLE TO PROTECT AND ENFORCE ITS RIGHTS AGAINST BORROWERS AND
IN AND TO ANY PROPERTY AND/OR THE IP, INCLUDING, WITHOUT LIMITATION, DECLARING
THE DEBT TO BE IMMEDIATELY DUE AND PAYABLE, AND LENDER MAY ENFORCE OR AVAIL
ITSELF OF ANY OR ALL RIGHTS OR REMEDIES PROVIDED IN THE LOAN DOCUMENTS AGAINST
BORROWERS, ANY PROPERTY AND/OR THE IP, INCLUDING, WITHOUT LIMITATION, ALL RIGHTS
OR REMEDIES AVAILABLE AT LAW OR IN EQUITY; AND UPON ANY EVENT OF DEFAULT
DESCRIBED IN CLAUSES (VI) OR (VII) ABOVE, THE DEBT AND ALL OTHER OBLIGATIONS OF
BORROWERS HEREUNDER AND UNDER THE OTHER LOAN DOCUMENTS SHALL, TO THE EXTENT
PERMITTED BY APPLICABLE LAW, IMMEDIATELY AND AUTOMATICALLY BECOME DUE AND
PAYABLE, WITHOUT NOTICE OR DEMAND, AND EACH BORROWER HEREBY EXPRESSLY WAIVES ANY
SUCH NOTICE OR DEMAND, ANYTHING CONTAINED HEREIN OR IN ANY OTHER LOAN DOCUMENT
TO THE CONTRARY NOTWITHSTANDING.
Section 8.2
Remedies.
(A)
UPON THE OCCURRENCE AND DURING THE
CONTINUANCE OF AN EVENT OF DEFAULT, SUBJECT TO APPLICABLE GAMING LAWS, ALL OR
ANY ONE OR MORE OF THE RIGHTS, POWERS, PRIVILEGES AND OTHER REMEDIES AVAILABLE
TO LENDER AGAINST BORROWERS UNDER THIS AGREEMENT OR ANY OF THE OTHER LOAN
DOCUMENTS EXECUTED AND DELIVERED BY, OR APPLICABLE TO, BORROWERS OR AT LAW OR IN
EQUITY MAY BE EXERCISED BY LENDER AT ANY TIME AND FROM TIME TO TIME, WHETHER OR
NOT ALL OR ANY OF THE DEBT SHALL BE DECLARED DUE AND PAYABLE, AND WHETHER OR NOT
LENDER SHALL HAVE COMMENCED ANY FORECLOSURE PROCEEDING OR OTHER ACTION FOR THE
ENFORCEMENT OF ITS RIGHTS AND REMEDIES UNDER ANY OF THE LOAN DOCUMENTS, IN EACH
CASE TO THE EXTENT PERMITTED BY APPLICABLE LAW.
ANY SUCH ACTIONS TAKEN BY
LENDER SHALL BE CUMULATIVE AND CONCURRENT AND MAY BE PURSUED INDEPENDENTLY,
SINGULARLY, SUCCESSIVELY, TOGETHER OR OTHERWISE, AT SUCH TIME AND IN SUCH ORDER
AS LENDER MAY DETERMINE IN ITS SOLE DISCRETION, TO THE FULLEST