Document:

Supplemental Indenture, dated as of November 15, 2007

 Exhibit 10.44 
 SUPPLEMENTAL INDENTURE 
 WHEREAS, Eldorado Casino Shreveport Joint Venture, a Louisiana general
partnership (the “Partnership”) and Shreveport Capital Corporation, a Louisiana corporation (together with the Partnership, the “Issuers”), HCS I, Inc., a Louisiana corporation, HCS II, Inc., a Louisiana corporation,
and U.S. Bank National Association, as trustee (the “Trustee”), entered into an Amended and Restated Indenture dated as of July 21, 2005 (as amended by a Supplemental Indenture dated as of July 22, 2005 among Eldorado
Shreveport #1, LLC, a Nevada limited liability company (“ES#1”), the Issuers and the Trustee and a Supplemental Indenture dated as of July 22, 2005 among Eldorado Shreveport #2, LLC, a Nevada limited liability company
(collectively with ES#1, the “Guarantors”), the Issuers and the Trustee, the “Indenture”); 
 WHEREAS, Section 9.02
of the Indenture authorizes the amendment of the Indenture, other than certain amendments specified in Section 9.02 of the Indenture, by the Issuers, the Guarantors and the Trustee with the consent of the holders of at least a majority in
principal amount of the Issuers’ then-outstanding 10% First Mortgage Notes due 2012 (the “Notes”) issued and outstanding under the Indenture; 
 WHEREAS, the holders of $112,122,375 principal amount (representing a majority in aggregate principal amount) of the Notes outstanding have consented to the amendment and restatement of Section 4.12 of the
Indenture to read as amended and restated hereby; 
 WHEREAS, the amendment and restatement of Section 4.12 of the Indenture, as set
forth herein, is an amendment permitted by Section 9.02 of the Indenture; 
 WHEREAS, the Issuers and the Guarantors have provided to
the Trustee the resolutions of their respective Boards of Directors specified in Section 9.02 of the Indenture and an Officers’ Certificate in accordance with Section 14.04(a) of the Indenture; 
 WHEREAS, Wolf, Block, Schorr and Solis-Cohen LLP, McDonald Carano Wilson LLP and Phelps Dunbar, LLP have provided to the Trustee legal opinions with
respect to this Supplemental Indenture in accordance with Section 14.04(b) of the Indenture; and 
 WHEREAS, Section 9.03 of the
Indenture requires that each amendment to the Indenture be set forth in a supplemental indenture. 
 NOW, THEREFORE, in consideration of the
foregoing, the Issuers, the Guarantors and the Trustee hereby agree as follows: 
 1. Section 4.12 of the Indenture is amended and
restated in its entirety to read as follows: 
 “Section 4.12. Transactions with Affiliates. 
 The Partnership shall not, and shall not permit any of its Restricted Subsidiaries to, make any payment to, or sell, lease, transfer or
otherwise dispose of any of its properties or assets to, or purchase any property or assets from, or enter into or make or amend any transaction, contract, agreement, understanding, loan, advance 

 
or guarantee with, or for the benefit of, any Affiliate (each, an “Affiliate Transaction”), unless: (a) such Affiliate Transaction is on terms
that are no less favorable to the Partnership or the relevant Restricted Subsidiary than those that would have been obtained in a comparable transaction by the Partnership or such Restricted Subsidiary with an unrelated Person; and (b) the
Partnership delivers to the Trustee: 
 (i) with respect to any Affiliate Transaction or series of related Affiliate
Transactions involving aggregate consideration in excess of $1.0 million, a resolution of the Board of Directors set forth in an Officers’ Certificate certifying that such Affiliate Transaction complies with this covenant and that such
Affiliate Transaction has been approved unanimously by the Board of Directors; and 
 (ii) with respect to any Affiliate
Transaction or series of related Affiliate Transactions involving aggregate consideration in excess of $5.0 million, an opinion as to the fairness to the holders of Notes of such Affiliate Transaction from a financial point of view issued by an
accounting, appraisal or investment banking firm of national standing. 
 The foregoing paragraph shall not apply to the
following: (a) payments made pursuant to the Management Agreement and the License Agreement; (b) purchases of goods and services in the ordinary course of business on terms and conditions that are no less favorable to the Partnership or
its Restricted Subsidiaries then would be reasonably expected to be obtained from an unrelated third party and in an amount not to exceed $1 million per year; (c) transactions between or among the Partnership and/or its Restricted Subsidiaries;
(d) Restricted Payments that are permitted by Section 4.07 hereof; (e) reasonable fees and compensation (including, without limitation, bonuses, retirement plans and securities, stock options and stock ownership plans) paid or issued
to and indemnities provided on behalf of, officers, directors, employees or consultants of the Partnership or any Restricted Subsidiary in the ordinary course of business; and (f) payments of principal, premium, if any, and interest on the
Notes made in accordance with Section 4.01.” 
 2. The Trustee shall not be responsible in any manner whatsoever for or in respect
of the validity or sufficiency of this Supplemental Indenture or for or in respect of the recitals contained herein, all of which recitals are made solely by the Issuers and the Guarantors. 
 [Signature page to follow] 
  

 - 2 - 

 IN WITNESS WHEREOF, the undersigned have executed this Supplemental Indenture as of the 15th day of
November, 2007. 
  

					
	ELDORADO CASINO SHREVEPORT JOINT VENTURE
		
	By:	 	Eldorado Shreveport #1, LLC,
its managing general partner
		
	By:	 	/s/ Gary L. Carano
		 	Name:	 	Gary L. Carano
		 	Title:	 	Manager/Chief Executive Officer
	
	SHREVEPORT CAPITAL CORPORATION
		
	By:	 	/s/ Gary L. Carano
		 	Name:	 	Gary L. Carano
		 	Title:	 	Chief Executive Officer
	
	ELDORADO SHREVEPORT #1, LLC
as Guarantor
		
	By:	 	/s/ Gary L. Carano
		 	Name:	 	Gary L. Carano
		 	Title:	 	Chief Executive Officer
	
	ELDORADO SHREVEPORT #2, LLC
as Guarantor
		
	By:	 	/s/ Gary L. Carano
		 	Name:	 	Gary L. Carano
		 	Title:	 	Chief Executive Officer
	
	U.S. BANK NATIONAL ASSOCIATION
as Trustee
		
	By:	 	/s/ Michael M. Hopkins
		 	Name:	 	Michael M. Hopkins
		 	Title:	 	Vice President

  

 - 3 -Amendment No. 2 to Third Amended and Restated Loan Agreement

 Exhibit 10.62 
 AMENDMENT NO. 2 
 TO THIRD AMENDED AND RESTATED LOAN AGREEMENT 
 This Amendment No. 2 to Third Amended and Restated Loan Agreement (“Amendment”) dated as of March 28, 2008 is made with
reference to the Third Amended and Restated Loan Agreement, dated as of February 28, 2006 (as previously amended by an Amendment No. 1 dated as of November 13, 2007, the “Loan Agreement”), among Eldorado Resorts LLC,
a Nevada limited liability company (the “Borrower”), the Banks referred to therein, and Bank of America, N.A., as Administrative Agent. Capitalized terms used in this Amendment but not defined herein are used with the meanings set
forth for those terms in the Loan Agreement as the same is amended hereby. This Amendment is entered into with reference to the following facts: 
 RECITALS 
 A. Borrower has requested that the Banks amend the Fixed Charge Ratio set forth in Section 6.16 of
the Loan Agreement in the manner set forth herein in respect of its Fiscal Quarters ended December 31, 2007 through June 30, 2008. 
 B. The Required Lenders are willing to amend the Fixed Charge Ratio in the manner set forth herein. 
 NOW, THEREFORE, in
consideration of the mutual covenants and benefits contained herein, and for other good and valuable consideration, the receipt and sufficiency of which are acknowledged, the Borrower, the Administrative Agent and the Banks hereby agree as follows:

 2. Section 6.16 – Fixed Charge Ratio. Section 6.16 of the Loan Agreement is hereby amended to read in full as
follows: 
 “6.16 Fixed Charge Ratio. Permit the Fixed Charge Ratio: 
 (a) as of the last day of the Fiscal Quarters ending December 31, 2007, March 31, 2008 and June 30, 2008, to be less
than 1.00:1.00; and 
 (b) as of the last day of any later Fiscal Quarter, to be less than 1.25 to 1.00.” 
 3. Conditions Precedent. The effectiveness of this Amendment shall be subject to the following conditions precedent: 
 (a) the Administrative Agent shall have received a consent to this Amendment executed by Eldorado Capital Corp. in the form of Exhibit A;

 (b) the Administrative Agent shall have received written consents to this Amendment from the Majority Banks, substantially
in the form of Exhibit B; and 
  

 -1- 

 (c) the Administrative Agent shall have received a fee of $10,000 for the account of each
Lender executing this Amendment prior to 5:00 p.m., Pacific time, on the date which is announced to the Banks via the Intralinks system. 
 4. Representation. Borrower hereby represents and warrants to the Administrative Agent and the Banks that (a) no Default or Event of Default has occurred under the Loan Agreement and remains continuing, (b) the
representations and warranties in the Loan Agreement are true as of the date of this Amendment (except to the extent such representations and warranties expressly refer to an earlier date, in which case they shall be true and correct as of such
earlier date), (c) this Amendment is within the Borrower’s powers, has been duly authorized, and does not conflict with the Borrower’s organizational papers, and (d) this Amendment does not conflict with any law, agreement or
obligation by which the Borrower is bound. 
 5. Counterparts. This Amendment may be executed in as many counterparts as necessary or
convenient, and by the different parties on separate counterparts each of which, when so executed, shall be deemed an original but all such counterparts shall constitute but one and the same agreement. 
 6. Confirmation. In all other respects, the terms of the Loan Agreement and the Loan Documents executed in connection therewith are hereby
confirmed. 
  

 -2- 

 IN WITNESS WHEREOF, the parties hereto have executed this Amendment as of the date first written above by
their duly authorized representatives. 
  

			
	 ELDORADO RESORTS LLC,
 a Nevada limited
liability company

		
	By:	 	 /s/ Robert Jones

	Name:	 	Robert Jones
	Title:	 	CFO
	
	 BANK OF AMERICA, N.A.,
 as Administrative
Agent

		
	By:	 	 /s/ Maurice Washington

	Name:	 	Maurice Washington
	Title:	 	Vice President

  

 -3- 

 Exhibit A 
 CONSENT OF GUARANTOR 
 Reference is hereby made to the Third Amended and Restated Loan Agreement (as
heretofore amended, the “Loan Agreement”), dated as of February 28, 2006, among Eldorado Resorts LLC, the lenders referred to therein, and Bank of America, N.A., as Administrative Agent. By executing this Consent of Guarantor,
Eldorado Capital Corp., a Nevada corporation, consents to the execution, delivery and performance of Amendment No. 2 to Third Amended and Restated Loan Agreement dated as of the date hereof, and acknowledges that its guaranty of the obligation
under the Loan Agreement remains in full force and effect. 
 Dated March 26, 2008 
  

			
	 ELDORADO CAPITAL CORP.,
 a Nevada corporation

		
	By:	 	 /s/ Gene Carano

	Name:	 	Gene Carano
	Title:	 	Treasurer

  

 -4- 

 Exhibit B 
 CONSENT 
 Reference is hereby made to the Third Amended and Restated Loan Agreement (the “Loan
Agreement”), dated as of February 28, 2006, among Eldorado Resorts LLC, the lenders referred to therein, and Bank of America, N.A., as Administrative Agent. By executing this Consent, the undersigned consents to the execution, delivery and
performance of Amendment No. 2 to Third Amended and Restated Loan Agreement substantially in the form presented to the undersigned as a draft. 
 Dated
March __, 2008 

	
	
	Bank of America, N.A.

  

			
	By:	 	 /s/ Justin Lien

	Name:	 	Justin Lien
	Title:	 	Senior Vice President

 Please submit this Consent of Lender by email or fax to: 
 William M. Scott IV 
 Sheppard, Mullin, Richter & Hampton
LLP 
 333 South Hope Street, 48th Floor 
 Los
Angeles, California, 90071  
 bscott@sheppardmullin.com  
 Telecopier: (213) 443-2717 
 Telephone: (213) 617-4276 
 Receipt of email submissions will be confirmed. 
 No original
signatures are required to be submitted. 
  

 -5- 

 Exhibit B 
 CONSENT 
 Reference is hereby made to the Third Amended and Restated Loan Agreement (the “Loan
Agreement”), dated as of February 28, 2006, among Eldorado Resorts LLC, the lenders referred to therein, and Bank of America, N.A., as Administrative Agent. By executing this Consent, the undersigned consents to the execution, delivery and
performance of Amendment No. 2 to Third Amended and Restated Loan Agreement substantially in the form presented to the undersigned as a draft. 
 Dated
March __, 2008 

	
	
	 U.S. BANK N.A.

  

			
	By:	 	 /s/ Nick Butler

	Name:	 	 Nick Butler

	Title:	 	Vice President

 Please submit this Consent of Lender by email or fax to: 
 William M. Scott IV 
 Sheppard, Mullin, Richter & Hampton
LLP 
 333 South Hope Street, 48th Floor 
 Los
Angeles, California, 90071  
 bscott@sheppardmullin.com  
 Telecopier: (213) 443-2717 
 Telephone: (213) 617-4276 
 Receipt of email submissions will be confirmed. 
 No original
signatures are required to be submitted. 
  

 -6- 

 Exhibit B 
 CONSENT 
 Reference is hereby made to the Third Amended and Restated Loan Agreement (the “Loan
Agreement”), dated as of February 28, 2006, among Eldorado Resorts LLC, the lenders referred to therein, and Bank of America, N.A., as Administrative Agent. By executing this Consent, the undersigned consents to the execution, delivery and
performance of Amendment No. 2 to Third Amended and Restated Loan Agreement substantially in the form presented to the undersigned as a draft. 
 Dated
March 25, 2008 

	
	
	 CAPITAL ONE N.A.

  

			
	By:	 	 /s/ Jennifer Elliott

	Name:	 	 Jennifer Elliott

	Title:	 	Vice President

 Please submit this Consent of Lender by email or fax to: 
 William M. Scott IV 
 Sheppard, Mullin, Richter & Hampton
LLP 
 333 South Hope Street, 48th Floor 
 Los
Angeles, California, 90071  
 bscott@sheppardmullin.com  
 Telecopier: (213) 443-2717 
 Telephone: (213) 617-4276 
 Receipt of email submissions will be confirmed. 
 No original
signatures are required to be submitted. 
  

 -7-

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