MGM Designated Senior Indebtedness

MGM Designated Senior Indebtedness. Means, collectively, the obligations ---------------------------------- and indebtedness of MGM Grand and any Guarantor (either directly or by way of guarantee) with respect to (a) the aggregate principal $500,000,000 Senior Notes issued pursuant to (a) the Indenture dated as of February 2, 1998 between MGM Grand and PNC Bank, National Association, and (b) the Indenture dated as of February 6, 1998 between MGM Grand and U.S. Trust Company of California, N.A., (c) the Term Loan... Agreement dated as of April 7, 2000 among MGM Grand, the Banks therein named, and Bank of America, N.A., as Administrative Agent, (d) the Second Amended and Restated Loan Agreement dated as of April 10, 2000 among MGM Grand, the Banks therein named, and Bank of America, N.A., as Administrative Agent, (e) the 364-Day Loan Agreement dated as of April 10, 2000 among MGM Grand, the Banks therein named, and Bank of America, N.A., as Administrative Agent, in each case as at any time amended, (f) any other indebtedness of the Company the principal amount of which is $100,000,000 or more and that has been designated by the Company as, "Designated Senior Indebtedness" in the manner contemplated by the Indenture dated as of May 31, 2000 among the Company, the Subsidiary Guarantors named therein, and The Bank of New York, as Trustee (or, in the event that the indebtedness of the Company pursuant to such Indenture has been repaid, redeemed or defeased any pursuant to any other indenture hereafter entered into by the Company with respect to subordinated indebtedness of the Company in a principal amount which is $l00,000,000 more). View More