Document:

Second Amended and Restated Assignment of Equipment Leases

 Exhibit 10.58 
 Recording requested by, and 
 when recorded return to: 
 Sheppard, Mullin, Richter & Hampton LLP 
 333 South Hope Street, 48th Floor 
 Los Angeles, California 90071 
 Attention: William M. Scott IV,
Esquire 
  

 SECOND
AMENDED AND RESTATED 
 ASSIGNMENT OF EQUIPMENT LEASES 
 THIS SECOND AMENDED AND RESTATED ASSIGNMENT OF EQUIPMENT LEASES (this “Assignment”) dated as of February 28, 2006 is made by ELDORADO
RESORTS LLC, a Nevada limited liability company, hereinafter referred to as “Assignor”, in favor of BANK OF AMERICA, N.A., as Administrative Agent for itself and for the Issuing Bank and the Banks from time to time party to that certain
Third Amended and Restated Loan Agreement of even date herewith between Assignor, Administrative Agent and the Banks (as amended, restated, extended, supplemented or otherwise modified from time to time, the “Loan Agreement”). This
Assignment amends and restates, in its entirety, the Amended and Restated Assignment of Equipment Leases dated as of June 29, 2001 by Assignor in favor of the Administrative Agent and the Banks party to the Existing Loan Agreement. 

RECITALS: 
 WHEREAS: 
 A. In this Assignment all capitalized words and terms shall have the respective meanings and be construed herein as provided in Section 1.1 of the
Loan Agreement, and any reference to a provision of the Loan Agreement shall be deemed to incorporate that provision as a part hereof in the same manner and with the same effect as if the same were fully set forth herein. 
 B. Pursuant to the Loan Agreement, the Banks have agreed, subject to the terms and conditions specified therein, to make Loans and issue Letters of
Credit in the aggregate principal amount of $30,000,000. It is a condition of the Loans and the Letters of Credit that all leases for furniture, fixtures, equipment, signs and other items of personal property used in connection with or relating to
the Real Property as described in Exhibit “A”, attached hereto (the “Real Property”), now existing, or which in the future may be entered into, be presently irrevocably assigned to the Administrative Agent for the ratable benefit
of the Banks, the Issuing Bank, and any Affiliate of any Bank party to an Approved Swap Agreement, as additional security for the Loans and the Letters of Credit and as additional security for the performance of all obligations to be performed by
Assignor pursuant to the Loan Agreement and the other Loan Documents, together with all amendments, extensions, modifications and additional advances made thereto or thereunder, upon the terms and conditions set forth below. All such leases for
furniture, fixtures, equipment, signs and other items of personal property, including, but not limited to gaming equipment and devices, whether presently existing or entered into in the future, are hereinafter collectively referred to as the
“Equipment Leases”. 
  

 -1- 

 NOW, THEREFORE, in consideration of the Loans and the Letters of Credit, Assignor +does hereby
irrevocably assign to the Administrative Agent for the ratable benefit of the Banks, the Issuing Bank, and any Affiliate of any Bank party to an Approved Swap Agreement, all of its right, title and interest in and to the Equipment Leases, as
follows: 
 (a) Assignor has granted, bargained, sold, assigned, transferred and set over and by these presents does hereby grant, bargain,
sell, transfer and set over unto the Administrative Agent, for the ratable benefit of the Banks, the Issuing Bank, and any Affiliate of any Bank party to an Approved Swap Agreement, and their respective successors and assigns, all the rights,
interests and privileges which Assignor has or may have in any Equipment Lease which now, or may in the future pertain to or be used in connection with the Real Property and/or the hotel and casino operations conducted thereon (the
“Hotel/Casino Operation”). Without limiting the generality of the foregoing, the Administrative Agent shall have the present and continuing right with full power and authority, in their its name, or in the name of Assignor, or otherwise,
to do any and all things which Assignor may be or may become entitled to do under the said Equipment Leases, and the right to make all waivers and agreements, give all notices, consents and releases and other instruments and to do any and all other
things whatsoever which Assignor may be or may become entitled to do under the said Equipment Leases. 
 (b) The acceptance of this
Assignment and the payment or performance under the Equipment Leases hereby assigned shall not constitute a waiver of any rights of the Administrative Agent or the Banks under the terms of the Loan Agreement or any other Loan Document. 

(c) Assignor shall keep and perform the following with respect to the Equipment Leases: 
 (i) Except as may be permitted in the Loan Agreement, Assignor will not further assign the Equipment Leases or create or permit any lien, charge, or
encumbrance upon their respective interests in the Equipment Leases; 
 (ii) Assignor will not, without the prior written consent of the
Majority Banks, with respect to the Equipment Leases: 
 1. Cancel or terminate, or consent to any cancellation, termination or surrender, or
permit any event to occur which would entitle any lessor to terminate or cancel its Equipment Lease if such would have a Material Adverse Effect upon the Hotel/Casino Operation, cancellation or termination caused by the default of the Equipment
Lease lessor thereunder notwithstanding; 
 2. Amend or modify any Equipment Leases in any manner which would have a Material Adverse Effect;

 3. Waive any default under or breach of any Equipment Leases except for any waiver that will not result in any Material Adverse Effect; or

 4. Give any consent, waiver or approval which would impair Assignor’s interest in any Equipment Lease if such consent, waiver or
approval would have a Material Adverse Effect; 
 (iii) Assignor will promptly notify the Administrative Agent of the occurrence of any
material default under the Equipment Leases. 
  

 -2- 

 (d) It is understood and agreed that so long as there shall exist no Event of Default under the Loan
Agreement there is reserved to Assignor a license to retain, use and enjoy the Equipment Leases and the personal properties they concern. Upon the occurrence of an Event of Default as set forth in the Loan Agreement, such license granted to Assignor
shall be immediately revoked without further demand or notice and the Administrative Agent is hereby empowered to enter and take possession of the property which is the subject of the Equipment Leases and to use, manage and operate the same and to
do all acts required or permitted by the Equipment Leases, and perform such other acts in connection with the use, management and operation of the leased property as the Administrative Agent, in its sole discretion, may deem proper. 
 (e) The Administrative Agent and the Banks shall not be obligated to perform or discharge any obligation or duty to be performed or discharged by
Assignor under the Equipment Leases, and Assignor hereby agrees to indemnify the Administrative Agent and the Banks for, and to save them harmless from, any and all liability arising from the Equipment Leases, or from this Assignment, and this
Assignment shall not place responsibility for the control, care, management or repair of the property which is the subject of the Equipment Leases upon the Administrative Agent or the Banks, or make them responsible or liable for any negligence in
the management, operation, upkeep, repair or control of the property, which is the subject of the Equipment Leases, resulting in loss or injury or death to any tenant, guest licensee, employee or stranger. 
 (f) Except as otherwise permitted in the Loan Agreement, Assignor agrees that this Assignment and the designation and directions herein set forth are
irrevocable and that it will not, while this Assignment, or such designation and directions are in effect or thereafter so long any Loans or Letters of Credit shall be outstanding or any Commitment to make Loans or issue Letters of Credit is in
effect, make any other assignment, designation or direction inconsistent herewith, and that any assignment, designation or direction inconsistent herewith shall be void. Assignor will from time to time, upon the request of Majority Banks, execute
all instruments of further assurance and all such supplemental instruments as Majority Banks may specify. 
 (g) No action or inaction on the
part of the Administrative Agent or the Banks shall constitute an assumption on their part of any obligations or duties under the Equipment Leases. No action or inaction on the part of Assignor shall adversely affect or limit in any way the rights
of the Administrative Agent or the Banks under this Assignment or, through this Assignment, under the Equipment Leases. 
 (h) Except as
otherwise permitted in the Loan Agreement, Assignor covenants and represents that it has the full right and title to assign the Equipment Leases; that no other assignments of its interests in the Equipment Leases have been made; that no notice of
termination of the Equipment Leases has been served on it, and that there are presently no defaults existing under any of the Equipment Leases. 
 (i) Violation of any of the covenants, representations and provisions contained herein by Assignor shall, upon the passage of any applicable notice and cure period, be deemed an Event of Default under the terms of the Loan Agreement.

 (j) The full performance of the terms contained in the Loan Agreement and the duly recorded reconveyance of the Deed of Trust shall render
this Assignment void. Upon such reconveyance, the Administrative Agent is authorized, and at the request and the expense of Assignor, will deliver either an instrument cancelling this Assignment or assigning the rights of the Administrative Agent
and the Banks hereunder, as Assignor shall direct. 
  

 -3- 

 (k) Assignor and the Administrative Agent intend that this Assignment shall be a present, absolute and
unconditional assignment to the Administrative Agent for the ratable benefit of the Banks, the Issuing Bank, and any Affiliate of any Bank party to an Approved Swap Agreement, subject to the license granted above. 
 (l) This Assignment applies to and binds the parties hereto and their respective heirs, administrators, executors successors and assigns. This Assignment
may not be modified or terminated orally. 
 (m) Upon request of Majority Banks, Assignor shall use its best efforts to obtain an Attornment
Agreement from the lessor or lessors of any Equipment Leases so requested by Majority Banks, which Attornment Agreement shall expressly recognize the right of the Administrative Agent and the Banks their successors and assigns, under this Assignment
of Equipment Leases. 
 (n) Nothing contained in this Assignment and no act done or omitted by the Administrative Agent or the Banks pursuant
to its terms shall be deemed a waiver by them of any rights or remedies under the Loan Documents, and this Assignment is made and accepted without prejudice to any rights or remedies possessed by the Administrative Agent or the Banks under the terms
of the Loan Documents. The right of the Administrative Agent to collect the secured principal, interest, and other Indebtedness, and to enforce any other security may be exercised by the Administrative Agent prior to, simultaneously with, or
subsequent to any action taken under this Assignment. 
 (o) This Assignment may not be changed or terminated except by an agreement in
writing signed by the party or parties against whom enforcement of the change is sought. This Assignment shall be governed and construed in accordance with the laws of the State of Nevada and if any action is taken to enforce the terms of this
Assignment such action shall be commenced and maintained within the State of Nevada. 
 [Signature Pages Follow] 
  

 -4- 

 IN WITNESS WHEREOF, the parties have executed the foregoing instrument on the day and year first above
written. 
  

					
	ASSIGNOR:
	
	 ELDORADO RESORTS LLC,
 a Nevada limited
liability company

		
	By:	 	/s/ Donald L. Carano
		 	Donald L. Carano, Chief Executive Officer, President and Presiding Manager
		
	By:	 	 Recreational Enterprises, Inc.,
 a Nevada
corporation
 Its: Assistant Presiding Manager

			
		 	By:	 	/s/ Gary L. Carano
		 		 	Gary L. Carano, Vice President

  

			
	ADMINISTRATIVE AGENT:
	
	 BANK OF AMERICA, N.A.,
 as Administrative
Agent

		
	By:	 	/s/ Chris M. Levine
	Name:	 	Chris M. Levine
	Title:	 	Assistant Vice President

  

 -5- 

					
	 STATE OF NEVADA                                  
                          
	 	)	 	
	)	 	ss.	 	
	 COUNTY OF WASHOE                                  
                      
	 	)	 	

 On February 2, 2006, personally appeared before me, a Notary Public, Gary L. Carano, personally
known (or proved) to me to be the person whose name is subscribed to the above instrument who acknowledged that           he executed the instrument. 
  

	
	
	/s/ Kerri LaFerriere
	Notary Public

  

					
	 STATE OF CALIFORNIA                                 
                       
	 	)	 	
	)	 	ss.	 	
	 COUNTY OF SONOMA                                 
                           
	 	)	 	

 On February 6, 2006, personally appeared before me, a Notary Public, Donald L. Carano personally
known (or proved) to me to be the person whose name is subscribed to the above instrument who acknowledged that           he executed the instrument. 
  

	
	
	/s/ Deborah Westrick
	Notary Public

  

					
	 STATE OF TEXAS                                  
                              
	 	)	 	
	)	 	ss.	 	
	 COUNTY OF DALLAS                                  
                      
	 	)	 	

 On Feb. 3, 2006, personally appeared before me, a Notary Public, Chris M. Levine, personally known
(or proved) to me to be the person whose name is subscribed to the above instrument who acknowledged that           he executed the instrument. 
  

	
	
	/s/ Patricia A. Tomek
	Notary Public

  

 -6- 

 Exhibit A 
 Real Property Description 
 [See Attached] 
  

 -7- 

 DESCRIPTION 
 All that certain lot, piece or parcel of land situate in the County of Washoe, State of Nevada, described as follows: 
 PARCEL 1: (Parking
Structure) 
 The Southerly 10.34 feet of Lot 10 and all of Lots 11, 12, 19, 20, 21, 22, 23 and 24 in Block F of original Town, now City of Reno,
according to the map thereof filed in the office of the County Recorder of Washoe County, State of Nevada on June 27, 1871. 
 EXCEPTING THEREFROM the
following described parcel conveyed by deed-recorded in Book 110 of Deeds, Page 180, records of Washoe County, Nevada: 
 BEGINNING at a point 39.66 feet
South of the Northeast corner of Lot 10 in Block F, Original Reno Townsite; thence West along a line parallel to the North side line of said Lot 10, 140 feet; thence South .2 feet along the West end line of Lot 10; thence East 140 feet to a point
40.06 feet South of the Northeast corner of Lot 10; thence North .4 feet to the point of beginning; said fraction being contained in Lot 10, Block F, Original Reno Townsite. 
 TOGETHER WITH that portion of that certain East-West alley, situate in Block F of the Town, now City of Reno, according to the map thereof, filed in the office of the County Recorder of Washoe County, State of Nevada,
on August 1, 1868, described as follows: 
 Beginning at the Northeast comer of Lot 24, in said Block F; 
 Thence in a Westerly direction along the Northerly boundary of Lots 24, 23, 22, 21, 20 and 19 in said Block F, 140.00 feet; 
 Thence in a Northerly direction to the Southwest corner of Lot 12, in said Block F; 
 Thence along the Southerly Boundary of said Lot 12 in an Easterly direction, 140.00 feet to the Southeast corner of said Lot 12; 
 Thence in a
Southerly direction to the Northeast corner of said Lot 24, Block F, the True Point of Beginning; 
 As abandoned by Order of Abandonment recorded
February 27, 1991 in Book 3427, Page 72 as Document No. 1549560 of Official Records. 
 PARCEL 2: (Hotel) 
 Lots 5, 6, 7 and 8 in Block G of original Town, now City of Reno, according to the map thereof filed in the office of the County Recorder of Washoe County, State of
Nevada on June 27,1871. 
 TOGETHER WITH the Easterly 1/2 of the North-South alley running through Block G of original Town, now City of Reno, and being
bounded on the North by the Southerly line of West Fourth Street and on the South by the Southerly line of Lot 8 extended 

 
Westerly in Block G of original Town, now City of Reno, according to the map thereof; filed in the office of the County Recorder of Washoe County, State of
Nevada on June 27,1871, as abandoned by Orders of Abandonment recorded May 23, 1978 in Book 1246, Page 184 as Document No. 533771 and March 18, 1988 in Book 2706, Page 637 as Document No. 1233311 of Official Records.

 PARCEL 3: (Hotel) 
 Lots 1, 2, 3, 4, 9, 10, 11, 12, 13,
14, 15, 16, 17, 18,19 and 20 in Block G of original Town, now City of Reno, according to the map thereof filed in the office of the County Recorder of Washoe County, State of Nevada on June 27, 1871. 
 TAR WITH that certain East-West alley running through Block G of oriel Town; now City of Reno, and being bounded on the East by North Virginia Street and bounded on the
West by North Sierra Street, and also the Westerly 1/2 of the North-South alley running through Block G of original Town, now City of Reno, and being bounded on the North by the Southerly line of West Fourth Street and bounded on the South by the
Southerly line of Lot 1 extended Easterly, in Block G of original Town, now City of Rena, according to the map thereof filed in the office of the County Recorder of Washoe County, State of Nevada on June 27,1871, now abandoned by Orders of
Abandonment recorded May 23,1978 in Book 1246, Page 184 as Document No. 533771, and February 1, 1985 in Book, 2126, Page 264 as Document No. 977018, and March 18, 1988 in Book 2706, Page 637 as Document No. 1233311, all of
Official Records. 
 PARCEL 4: 
 A portion of U.S. Highway
40 (also known as West Fourth Street) lying Northerly of and adjacent to the Northerly line of Block G of original Town, now City of Reno, according to the map thereof, filed in the office of the County Recorder of Washoe County, State of Nevada on
June 27,1871, and as further described in the Multi-Use Lease, recorded October 3, 1978 in Book 1314, Page 418 as Document No. 561788 of Official Records, for the purpose of construction of footings that are necessary structural
components for the ELDORADO HOTEL-CASINO addition. 
 PARCEL 5: (P1aza Parcel) 
 Parcel 1 of Parcel Map No. 2690 filed In the office of the County Recorder of Washoe County; State of Nevada, on March 18, 1993, as File No. 1656128. 
 EXCEPTING THEREFROM any portion thereof, lying within North Virginia Street and North Sierra Street. 
 ALSO EXCEPTING THEREFROM that portion conveyed to the City of Reno by “Deed of Dedication” recorded October 8,1997 in Book 5008, Page 578, as Document No. 2143016 of Official Records. 

ALSO EXCEPTING THEREFROM all minerals and mineral rights as reserved in a Deed recorded September 30, 1988, in Book 2806, Page 950, is Document No. 1278084
of Official Records. 

 PARCEL 6: (Bridge Easement) 
 Together with the reciprocal easement rights, as contained in that certain Bridge Easement dated May 25, 1995 by and between CIRCUS AND ELDORADO JOINT VENTURE, a Nevada general partnership and CIRCUS CIRCUS CASINO, INC, a Nevada
corporation and ELDORADO HOTEL ASSOCIATES LIMITED PARTNERSHIP, a Nevada limited partnership, recorded May 31, 1995 in Book 4312, Page 779 as Document No. 1897108, Official Records. 
 PARCEL 7: (Portion of Fourth Street) 
 That portion of Fourth Street
described in abandonment recorded November 28, 1994 in Book 4198, Page 907 as Document No.1852011, and re-recorded February. 21, 1995 in Book 4249, Page 372 as Document No.1872458 .of Official Records, and more particularly described as
follows: 
 Beginning at the Southeast corner of Block “B”, Reno Townsite as shown on Record-of-Survey 2665, 
 thence South 23°13’05” West, 94.58’ to. the True Point of Beginning, 
 thence South 13°48’48” East, 4.50 feet, to a point an the Southerly right-of-way of Fourth Street, 
 thence
along said right-of-way South 76°11’12” West, 60.00 feet 
 thence North 13°48’48” West, 4.50 feet 
 thence North 76°11’12” East, 60.00 feet to the True Point of Beginning. 
 PARCEL 8: 
 That portion of Lot 3 in Block F of ORIGINAL TOWN, NOW CITY OF RENO, according to the map thereof, filed
in the office of the County Recorder of Washoe County, State of Nevada, on June 27, 1871, described as follows: 
 COMMENCING at a point on the West line of the alley running Northerly and Southerly through said Block F, 6 feet Northerly oldie Southeast corner of said Lot 3 in Block F of. said town, now City of Reno; thence
Northerly along the East line of said Lot 3, a distance of 32  1/2 feet; thence at a right angle Westerly, a
distance of 44  1/2 feet; thence at a right angle Southerly, a distance of 32  1/2 feet; thence at a right angle Easterly, a distance of 44  1/2 feet to the Point of Beginning. 
 The above described premises being the Easterly portion of Lot 3 in Block F of ORIGINAL TOWN, NOW CITY OF RENO, according to the map above mentioned. 
 PARCEL 9: 
 Lot 6 in Block F of original Town, now City of Rena, according to the map thereof filed in the office of the County Recorder of
Washoe County, State of Nevada on June 27, 1871. 

 PARCEL 10: 
 Lots 7,
8, 9, the Northerly 39.66 feet of Lot 10 and that portion of Lot 10 in Block F or original Town; now City of Reno, according to the map thereof filed in the office of the County Recorder of Washoe County, State of Nevada on. June 27,1871,
described as follows: 
 BEGINNING at a point 39.66 feet South of the Northeast corner of Lot 10 in Block F, Original Reno Townsite; thence West along a line
parallel to the North side line of said Lot 10, 140 feet; thence South .2 feet along the West end line of Lot 10; thence East 140 feet to a point 40.06 feet South of the Northeast corner of Lot 10; thence North .4 feet to the point of beginning;
said fraction being contained in Lot 10, Block F, Original Reno Townsite.Second Amended and Restated Guaranty

 Exhibit 10.59 
 SECOND AMENDED AND RESTATED GUARANTY 
 This Second Amended and Restated Guaranty dated as of
February 28, 2006 is made by ELDORADO CAPITAL CORP., a Nevada corporation, together with each other Person who may become a party hereto pursuant to Section 19 of this Guaranty (each a “Guarantor” and collectively
“Guarantors”), jointly and severally, in favor of Bank of America, N.A., as Administrative Agent for the ratable benefit of the Banks that are party to the Loan Agreement referred to below, and the Lender referred to below, with reference
to the following facts: 
 RECITALS 
 A. Pursuant to the Third Amended and Restated Loan Agreement dated as of February 28, 2006 among Eldorado Resorts LLC, a Nevada limited liability company (“Borrower”), each lender from time to time
party hereto (collectively, the “Banks” and individually, a “Bank”), and Bank of America, N.A., as Issuing Bank and Administrative Agent (as originally executed or as it may from time to time be supplemented, modified, amended,
restated or extended, the “Loan Agreement”), certain credit facilities are being made available to Borrower. 
 B. As a condition
to the availability of such credit facilities, Guarantors are required to enter into this Guaranty to amend and restate the Amended and Restated Guaranty dated as of June 29, 2001, entered into by Guarantors in connection with the Existing Loan
Agreement, and to guaranty the Guarantied Obligations as hereinafter provided. 
 C. Guarantors expect to realize direct and indirect
benefits as the result of the availability of the aforementioned credit facilities to Borrower. 
 AGREEMENT 
 NOW, THEREFORE, in order to induce Lender to continue to extend the aforementioned credit facilities, and for other good and valuable consideration, the
receipt and adequacy of which hereby are acknowledged, Guarantors hereby represent, warrant, covenant, agree and guaranty as follows: 
 1.
Definitions. This Guaranty is the Guaranty referred to in the Loan Agreement and is one of the Loan Documents. Terms defined in the Loan Agreement and not otherwise defined in this Guaranty shall have the meanings given those terms in the
Loan Agreement when used herein and such definitions are incorporated herein as though set forth in full. In addition, as used herein, the following terms shall have the meanings respectively set forth after each: 
 “Guarantied Obligations” means all Obligations of Borrower or any Party at any time and from time to time owed to Lender
under the Loan Agreement and the other Loan Documents, whether due or to become due, matured or unmatured, liquidated or unliquidated, or contingent or noncontingent, including obligations of performance as well as obligations of payment, and
including interest that accrues after the commencement of any bankruptcy or insolvency proceeding by or against Borrower, any Guarantor or any other Person. 
  

 -1- 

 “Lender” means the Administrative Agent (for itself and in its capacity
as Administrative Agent), the Issuing Bank, the Banks, any party to an Approved Swap Agreement that is an Affiliate of a Bank, and each of them, and any one or more of them. Subject to the terms of the Loan Agreement, any right, remedy, privilege or
power of Lender may be exercised by the Administrative Agent, or by the Majority Banks, or by any Bank acting with the consent of the Majority Banks. 
 “Guaranty” means this Guaranty, and any extensions, modifications, renewals, restatements, reaffirmations, supplements or amendments hereof, including, without limitation, any documents or agreements
by which additional Guarantors become party hereto. 
 2. Guaranty of Guarantied Obligations. Guarantors hereby, jointly and
severally, irrevocably, unconditionally guaranty and promise to pay and perform on demand the Guarantied Obligations and each and every one of them, including all amendments, modifications, supplements, renewals or extensions of any of them,
whether such amendments, modifications, supplements, renewals or extensions are evidenced by new or additional instruments, documents or agreements or change the rate of interest on any Guarantied Obligation or the security therefor, or otherwise.

 3. Nature of Guaranty. This Guaranty is irrevocable and continuing in nature and relates to any Guarantied Obligations now existing
or hereafter arising. This Guaranty is a guaranty of prompt and punctual payment and performance and is not merely a guaranty of collection. 
 4. Relationship to Other Agreements. Nothing herein shall in any way modify or limit the effect of terms or conditions set forth in any other document, instrument or agreement executed by any Guarantor or in connection with the
Guarantied Obligations, but each and every term and condition hereof shall be in addition thereto. All provisions contained in the Loan Agreement or any other Loan Document that apply to Loan Documents generally are fully applicable to this Guaranty
and are incorporated herein by this reference. 
 5. Subordination of Indebtedness of Borrower to Guarantors to the Guarantied
Obligations. Each Guarantor agrees that: 
 (a) Any indebtedness of Borrower now or hereafter owed to such Guarantor
hereby is subordinated to the Guarantied Obligations. 
 (b) If Lender so requests, upon the occurrence and during the
continuance of any Event of Default, any such indebtedness of Borrower now or hereafter owed to such Guarantor shall be collected, enforced and received by such Guarantor as trustee for Lender and shall be paid over to Lender in kind on account of
the Guarantied Obligations, but without reducing or affecting in any manner the obligations of such Guarantor under the other provisions of this Guaranty. 
  

 -2- 

 (c) Should such Guarantor fail to collect or enforce any such indebtedness of Borrower
now or hereafter owed to such Guarantor and pay the proceeds thereof to Lender in accordance with Section 5(b) hereof, Lender as such Guarantor’s attorney-in-fact may do such acts and sign such documents in such Guarantor’s name as
Lender considers necessary or desirable to effect such collection, enforcement and/or payment. 
 6. Statutes of Limitations and Other
Laws. Until the Guarantied Obligations shall have been paid and performed in full, all the rights, privileges, powers and remedies granted to Lender hereunder shall continue to exist and may be exercised by Lender at any time and from time to
time irrespective of the fact that any of the Guarantied Obligations may have become barred by any statute of limitations. Each Guarantor expressly waives the benefit of any and all statutes of limitation, and any and all Laws providing for
exemption of property from execution or for evaluation and appraisal upon foreclosure, to the maximum extent permitted by applicable Laws. 
 7. Waivers and Consents. Each Guarantor acknowledges that the obligations undertaken herein involve the guaranty of obligations of Persons other than such Guarantor and, in full recognition of that fact, consents and agrees that
Lender may, at any time and from time to time, without notice or demand, and without affecting the enforceability or continuing effectiveness hereof: (a) supplement, modify, amend, extend, renew, accelerate or otherwise change the time for
payment or the terms of the Guarantied Obligations or any part thereof, including any increase or decrease of the rate(s) of interest thereon; (b) supplement, modify, amend or waive, or enter into or give any agreement, approval or
consent with respect to, the Guarantied Obligations or any part thereof, or any of the Loan Documents to which such Guarantor is not a party or any additional security or guaranties, or any condition, covenant, default, remedy, right, representation
or term thereof or thereunder; (c) accept new or additional instruments, documents or agreements in exchange for or relative to any of the Loan Documents or the Guarantied Obligations or any part thereof; (d) accept partial payments on the
Guarantied Obligations; (e) receive and hold additional security or guaranties for the Guarantied Obligations or any part thereof; (f) release, reconvey, terminate, waive, abandon, fail to perfect, subordinate, exchange, substitute,
transfer and/or enforce any security or guaranties, and apply any security and direct the order or manner of sale thereof as Lender in its sole and absolute discretion may determine; (g) release any Person from any personal liability with
respect to the Guarantied Obligations or any part thereof; (h) settle, release on terms satisfactory to Lender or by operation of applicable Laws or otherwise liquidate or enforce any Guarantied Obligations and any security or guaranty therefor
in any manner, consent to the transfer of any security and bid and purchase at any sale; and/or (i) consent to the merger, change or any other restructuring or termination of the corporate existence of Borrower, any Guarantor or any other
Person, and correspondingly restructure the Guarantied Obligations, and any such merger, change, restructuring or termination shall not affect the liability of any Guarantor or the continuing effectiveness hereof, or the enforceability hereof with
respect to all or any part of the Guarantied Obligations. 
  

 -3- 

 Upon the occurrence and during the continuance of any Event of Default, Lender may enforce this Guaranty
independently as to any Guarantor and independently of any other remedy or security Lender at any time may have or hold in connection with the Guarantied Obligations. Each Guarantor expressly waives any right to require Lender to marshal assets in
favor of Borrower, and agrees that Lender may proceed against Borrower, or upon or against any security or remedy, before proceeding to enforce this Guaranty, in such order as it shall determine in its sole and absolute discretion. Lender may file a
separate action or actions against Borrower and/or any Guarantor without respect to whether action is brought or prosecuted with respect to any security or against any other Person, or whether any other Person is joined in any such action or
actions. Each Guarantor agrees that Lender and Borrower and any Affiliates of Borrower may deal with each other in connection with the Guarantied Obligations or otherwise, or alter any contracts or agreements now or hereafter existing between any of
them, in any manner whatsoever, all without in any way altering or affecting the security of this Guaranty. Lender’s rights hereunder shall be reinstated and revived, and the enforceability of this Guaranty shall continue, with respect to any
amount at any time paid on account of the Guarantied Obligations which thereafter shall be required to be restored or returned by Lender upon the bankruptcy, insolvency or reorganization of Borrower or any other Person, or otherwise, all as though
such amount had not been paid. The rights of Lender created or granted herein and the enforceability of this Guaranty with respect to Guarantors at all times shall remain effective to guaranty the full amount of all the Guarantied Obligations even
though the Guarantied Obligations, or any part thereof, or any security or guaranty therefor, may be or hereafter may become invalid or otherwise unenforceable as against Borrower or any other guarantor or surety and whether or not Borrower shall
have any personal liability with respect thereto. Each Guarantor expressly waives any and all defenses now or hereafter arising or asserted by reason of (a) any disability or other defense of Borrower with respect to the Guarantied Obligations,
(b) the unenforceability or invalidity of any security or guaranty for the Guarantied Obligations or the lack of perfection or continuing perfection or failure of priority of any security for the Guarantied Obligations, (c) the cessation
for any cause whatsoever of the liability of Borrower (other than by reason of the full payment and performance of all Guarantied Obligations), (d) any failure of Lender to marshal assets in favor of Borrower or any other Person,
(e) except as otherwise provided in this Guaranty, any failure of Lender to give notice of sale or other disposition of Collateral to any Guarantor or any other Person or any defect in any notice that may be given in connection with any sale or
disposition of Collateral, (f) any failure of Lender to comply with applicable Laws in connection with the sale or other disposition of any Collateral or other security for any Guarantied Obligation, including without limitation, any failure of
Lender to conduct a commercially reasonable sale or other disposition of any Collateral or other security for any Guarantied Obligation, (g) any act or omission of Lender or others that directly or indirectly results in or aids the discharge or
release of Borrower or the Guarantied Obligations or any security or guaranty therefor by operation of law or otherwise, (h) any Law which provides that the obligation of a surety or guarantor must neither be larger in amount nor in other
respects more burdensome than that of the principal or which reduces a surety’s or guarantor’s obligation in proportion to the principal obligation, (i) any failure of Lender to file or enforce a claim in any bankruptcy or other
proceeding with respect to any Person, (j) the election by Lender, in any bankruptcy proceeding of any Person, of the application or non-application of Section 1111(b)(2) of the United States Bankruptcy Code, (k) any extension of
credit or the grant of any Lien under Section 364 of the United States Bankruptcy Code, (l) any use of cash collateral under Section 363 of the United States Bankruptcy Code, (m) any agreement or stipulation with respect to the
provision of adequate protection in any bankruptcy proceeding of any Person, (n) the avoidance of any Lien in favor of Lender for any reason, (o) any bankruptcy, insolvency, reorganization, arrangement, readjustment of debt, liquidation or
dissolution proceeding commenced by or against any Person, including any discharge of, or bar or stay against collecting, all or any of the Guarantied Obligations (or any interest thereon) in or as a result of any such proceeding, (p) to
the extent permitted in paragraphs 40.495(2) and 40.495(4) of the Nevada Revised Statutes (“NRS”), the benefits of the one-action rule under NRS Section 40.430, or (q) any action taken by Lender that is authorized by this
Section or any other provision of any Loan Document. Each Guarantor expressly waives all setoffs and counterclaims and all presentments, demands for payment or performance, notices of nonpayment or nonperformance, protests, notices of protest,
notices of dishonor and all other notices or demands of any kind or nature whatsoever with respect to the Guarantied Obligations, and all notices of acceptance of this Guaranty or of the existence, creation or incurrence of new or additional
Guarantied Obligations. 
  

 -4- 

 8. Condition of Borrower and its Subsidiaries. Each Guarantor represents and warrants to Lender
that such Guarantor has established adequate means of obtaining from Borrower and its Subsidiaries, on a continuing basis, financial and other information pertaining to the businesses, operations and condition (financial and otherwise) of Borrower
and its Subsidiaries and their Properties, and such Guarantor now is and hereafter will be completely familiar with the businesses, operations and condition (financial and otherwise) of Borrower and its Subsidiaries and their Properties. Each
Guarantor hereby expressly waives and relinquishes any duty on the part of Lender (should any such duty exist) to disclose to any Guarantor any matter, fact or thing related to the businesses, operations or condition (financial or otherwise) of
Borrower or its Subsidiaries or their Properties, whether now known or hereafter known by Lender during the life of this Guaranty. With respect to any of the Guarantied Obligations, Lender need not inquire into the powers of Borrower or any
Subsidiaries thereof or the officers or employees acting or purporting to act on their behalf, and all Guarantied Obligations made or created in good faith reliance upon the professed exercise of such powers shall be secured hereby. 
 9. Liens on Real Property. In the event that all or any part of the Guarantied Obligations at any time are secured by any one or more deeds of
trust or mortgages or other instruments creating or granting Liens on any interests in real Property, each Guarantor authorizes Lender, upon the occurrence of and during the continuance of any Event of Default, at its sole option, without notice or
demand and without affecting any Guarantied Obligations of such Guarantor, the enforceability of this Guaranty, or the validity or enforceability of any Liens of Lender on any Collateral, to foreclose any or all of such deeds of trust or mortgages
or other instruments by judicial or nonjudicial sale. Each Guarantor expressly waives any defenses to the enforcement of this Guaranty or any rights of Lender created or granted hereby or to the recovery by Lender against Borrower, any Guarantor or
any other Person liable therefor of any deficiency after a judicial or nonjudicial foreclosure or sale, even though such a foreclosure or sale may impair the subrogation rights of such Guarantor or may preclude such Guarantor from obtaining
reimbursement or contribution from Borrower. Each Guarantor expressly waives any defenses or benefits that may be derived from NRS Section 40.430 and judicial decisions relating thereto, any provision of Nevada Law which is comparable to
California Code of Civil Procedure §§ 580a, 580b, 580d or 726, or comparable provisions of the Laws of any other jurisdiction, and all other suretyship defenses it otherwise might or would have under Nevada Law or other applicable
Law. Each Guarantor expressly waives any right to receive notice of any judicial or nonjudicial foreclosure or sale of any real Property or interest therein subject to any such deeds of trust or mortgages or other instruments and such
Guarantor’s or any other Person’s failure to receive any such notice shall not impair or affect such Guarantor’s Obligations or the enforceability of this Guaranty or any rights of Lender created or granted hereby. 
  

 -5- 

 10. Waiver of Rights of Subrogation. Notwithstanding anything to the contrary elsewhere contained
herein or in any other Loan Document to which any Guarantor is a Party, each Guarantor hereby expressly waives with respect to Borrower and its successors and assigns (including any surety) and any other Person which is directly or indirectly
a creditor of Borrower or any surety for Borrower, any and all rights at Law or in equity to subrogation, to reimbursement, to exoneration, to contribution, to setoff or to any other rights that could accrue to a surety against a principal, to a
guarantor against a maker or obligor, to an accommodation party against the party accommodated, or to a holder or transferee against a maker, and which such Guarantor may have or hereafter acquire against Borrower or any other such Person in
connection with or as a result of such Guarantor’s execution, delivery and/or performance of this Guaranty or any other Loan Document to which such Guarantor is a party. Each Guarantor agrees that it shall not have or assert any such rights
against Borrower or its successors and assigns or any other Person (including any surety) which is directly or indirectly a creditor of Borrower or any surety for Borrower, either directly or as an attempted setoff to any action commenced
against such Guarantor by Borrower (as borrower or in any other capacity), Lender or any other such Person. Each Guarantor hereby acknowledges and agrees that this waiver is intended to benefit Borrower and Lender and shall not limit or otherwise
affect such Guarantor’s liability hereunder, under any other Loan Document to which such Guarantor is a party, or the enforceability hereof or thereof. 
 11. Understandings With Respect to Waivers and Consents. Each Guarantor warrants and agrees that each of the waivers and consents set forth herein are made with full knowledge of their significance and
consequences, with the understanding that events giving rise to any defense or right waived may diminish, destroy or otherwise adversely affect rights which such Guarantor otherwise may have against Borrower, Lender or others, or against any
Collateral, and that, under the circumstances, the waivers and consents herein given are reasonable and not contrary to public policy or Law. Each Guarantor acknowledges that it has either consulted with legal counsel regarding the effect of this
Guaranty and the waivers and consents set forth herein, or has made an informed decision not to do so. If this Guaranty or any of the waivers or consents herein are determined to be unenforceable under or in violation of applicable Law, this
Guaranty and such waivers and consents shall be effective to the maximum extent permitted by Law. 
 12. Representations and
Warranties. Each Guarantor hereby makes each and every representation and warranty applicable to such Guarantor set forth in Article 4 of the Loan Agreement as if set forth in full herein. 
 13. Costs and Expenses. Guarantors jointly and severally agree to pay to Lender all costs and expenses (including, without limitation,
reasonable attorneys’ fees and disbursements) incurred by Lender in the enforcement or attempted enforcement of this Guaranty, whether or not an action is filed in connection therewith, and in connection with any waiver or amendment of any term
or provision hereof. All advances, charges, costs and expenses, including reasonable attorneys’ fees and disbursements (including the reasonably allocated cost of legal counsel employed by Lender), incurred or paid by Lender in
exercising any right, privilege, power or remedy conferred by this Guaranty, or in the enforcement or attempted enforcement thereof, shall be subject hereto and shall become a part of the Guarantied Obligations and shall be paid to Lender by
Guarantors, immediately upon demand, together with interest thereon at the rate(s) provided for under the Loan Agreement. 
  

 -6- 

 14. Construction of this Guaranty. This Guaranty is intended to give rise to absolute and
unconditional obligations on the part of Guarantors; hence, in any construction hereof, notwithstanding any provision of any Loan Document to the contrary, this Guaranty shall be construed strictly in favor of Lender in order to
accomplish its stated purpose. 
 15. Liability. Notwithstanding anything to the contrary elsewhere contained herein or in any Loan
Document to which any Guarantor is a Party, the aggregate liability of each Guarantor hereunder for payment and performance of the Guarantied Obligations shall not exceed an amount which, in the aggregate, is $1.00 less than that amount which if so
paid or performed would constitute or result in a “fraudulent transfer”, “fraudulent conveyance”, or terms of similar import, under applicable state or federal Law, including without limitation, Section 548 of the United
States Bankruptcy Code. The liability of each Guarantor hereunder is independent of any other guaranties at any time in effect with respect to all or any part of the Guarantied Obligations, and each Guarantor’s liability hereunder may be
enforced regardless of the existence of any such guaranties. Any termination by or release of any guarantor in whole or in part shall not affect the continuing liability of each Guarantor hereunder, and no notice of any such termination or release
shall be required. The execution hereof by each Guarantor is not founded upon an expectation or understanding that there will be any other guarantor of the Guarantied Obligations. 
 16. WAIVER OF JURY TRIAL. EACH PARTY HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO
A TRIAL BY JURY IN ANY LEGAL PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS GUARANTY OR ANY OTHER LOAN DOCUMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY (WHETHER BASED ON CONTRACT, TORT OR ANY OTHER THEORY). EACH
PARTY HERETO (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PERSON HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PERSON WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER AND
(B) ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS GUARANTY AND THE OTHER LOAN DOCUMENTS BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION. 
  

 -7- 

 17. Arbitration Reference. 
 (a) Mandatory Arbitration. Any controversy or claim between or among the parties hereto, including but not limited to those arising
out of or relating to this Guaranty, the other Loan Documents or any agreements or instruments relating hereto or delivered in connection herewith and any claim based on or arising from an alleged tort, shall at the request of any party be
determined by arbitration. The arbitration shall be conducted in accordance with the United States Arbitration Act (Title 9, U.S. Code), notwithstanding any choice of law provision in this Guaranty, and under the Commercial Rules of the American
Arbitration Association (“AAA”). Except to the extent waived by any party, the arbitrators shall give effect to statutes of limitation in determining any claim. Any controversy concerning whether an issue is arbitrable shall be determined
by the arbitrators. Judgment upon the arbitration award may be entered in any court having jurisdiction. The institution and maintenance of an action for judicial relief or pursuit of a provisional or ancillary remedy shall not constitute a waiver
of the right of any party, including the plaintiff, to submit the controversy or claim to arbitration if any other party contests such action for judicial relief. 
 (b) Real Property Collateral. Notwithstanding the provisions of subparagraph (a), no controversy or claim shall be submitted to
arbitration without the consent of all parties if, at the time of the proposed submission, such controversy or claim arises from or relates to an obligation to Lender which is secured by real property collateral. 
 (c) Provisional Remedies, Self-Help and Foreclosure. No provision of this section shall limit the right of any party to this
Guaranty to exercise self-help remedies such as setoff, to foreclose against or sell any real or personal property collateral or security or to obtain provisional or ancillary remedies from a court of competent jurisdiction before, after, or during
the pendency of any arbitration or other proceeding. The exercise of a remedy does not waive the right of either party to resort to arbitration or reference. At the Majority Banks’ option, foreclosure under a deed of trust or mortgage may be
accomplished either by exercise of power of sale under the deed of trust or mortgage or by judicial foreclosure. 
 18. THIS GUARANTY
SHALL BE GOVERNED BY, AND SHALL BE CONSTRUED AND ENFORCED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEVADA WITHOUT REFERENCE TO THE CONFLICT OF LAWS OR CHOICE OF LAW PRINCIPLES THEREOF. 
 19. Joinder. Any Person may become a Guarantor under and become bound by the terms and conditions of this Guaranty by executing and
delivering to the Administrative Agent an Instrument of Joinder substantially in the form attached hereto as Exhibit A accompanied by such documentation as the Administrative Agent may require to establish the due organization, valid
existence and good standing of such Person, its qualification to engage in business in each material jurisdiction in which it is required to be so qualified, its authority to execute, deliver and perform this Guaranty, and the identity, authority
and capacity of each Responsible Official thereof authorized to act on its behalf. 
 20. Counterparts. This Guaranty may be executed
in one or more counterparts, each of which shall be deemed an original and all of which, taken together, shall constitute one and the same agreement. 
 [Signature page follows] 
  

 -8- 

 IN WITNESS WHEREOF, each Guarantor has executed this Guaranty by its duly authorized officer as of the
date first written above. 

			
	“Guarantor”
	
	 ELDORADO CAPITAL CORP.,
 a Nevada
corporation

		
	By:	 	/s/ Donald L. Carano
	Name:	 	Donald L. Carano
	Title:	 	President

  

			
	ACKNOWLEDGED AND AGREED AS OF THE DATE FIRST WRITTEN ABOVE:
	
	 BANK OF AMERICA, N.A.,
 as Administrative
Agent

		
	By:	 	/s/ Chris M. Levine
	Name:	 	Chris M. Levine
	Title:	 	Assistant Vice President

 [Signature page – 
 Second Amended and Restated Guaranty] 
  

 -9- 

 EXHIBIT A 
 TO 
 SECOND AMENDED AND RESTATED GUARANTY 
 INSTRUMENT OF JOINDER 
 THIS INSTRUMENT OF JOINDER (“Joinder”) is
executed as of                     ,     , by          
                             , a               
                                             (“Joining
Party”), and delivered to Bank of America, N.A., as Administrative Agent, pursuant to the Second Amended and Restated Guaranty dated as of February 28, 2006 made by each Guarantor party thereto in favor of the Lender (as defined therein)
(as amended, extended, renewed, supplemented or otherwise modified from time to time, the “Guaranty”). Terms used but not defined in this Joinder shall have the meanings defined for those terms in the Guaranty. 
 RECITALS 
 a) The Guaranty was made by
the Guarantors in favor of the Administrative Agent, the Issuing Bank and the Banks that are parties to that certain Third Amended and Restated Loan Agreement dated as of February 28, 2006, by and among the Eldorado Resorts, LLC
(“Borrower”), the Banks party thereto from time to time, and the Administrative Agent (as amended, extended, renewed, supplement, modified or extended from time to time, the “Loan Agreement”). 
 b) Joining Party has become a Significant Subsidiary that is required pursuant to Section 5.12 of the Loan Agreement to become a Guarantor
under the terms and conditions of the Guaranty. 
 c) Joining Party expects to realize direct and indirect benefits as a result of the
availability to the Borrower of the credit facilities under the Loan Agreement. 
 NOW THEREFORE, Joining Party agrees as follows: 
 AGREEMENT 
 1. By this Joinder,
Joining Party becomes a “Guarantor” under and pursuant to Section 19 of the Guaranty. Joining Party agrees that, upon its execution hereof, it will become a Guarantor under the Guaranty with respect to all Guarantied Obligations as
further set forth therein, and will be bound by all terms, conditions, and duties applicable to a Guarantor under the Guaranty. 
  

 -10- 

 2. The effective date of this Joinder is
                    ,     . 
  

			
	“Joining Party”

			
	  	 	 ,

			
	a  	 	  

			
		
	By:	 	  
	Name:	 	  
	Title:	 	  

  

			
	ACKNOWLEDGED:
	
	 BANK OF AMERICA, N.A.,
 as Administrative
Agent

		
	By:	 	  
	Name:	 	  
	Title:	 	  

  

 -11-

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00126-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00126-of-00352.parquet"}]]