AMENDMENT NO. 2 to SECURITY AGREEMENT

Contract Categories: Business Finance - Security Agreements
EX-4.44 5 a05-3410_1ex4d44.htm EX-4.44

EXHIBIT 4.44

 

AMENDMENT NO. 2 to SECURITY AGREEMENT

 

This Security Pledge Amendment, dated as of March     , 2005, is delivered pursuant to Section 5.1 of that certain security agreement (as amended, amended and restated, supplemented or otherwise modified from time to time, the “Security Agreement”; capitalized terms used but not otherwise defined herein shall have the meanings assigned to such terms in the Security Agreement), dated as of February 8, 2002, among Gameco, Inc. (the “Issuer”), the undersigned, the other Guarantors from time to time party thereto and Wells Fargo Bank, National Association, as Trustee (in such capacity and together with any successors in such capacity, the “Trustee”).  The undersigned hereby agrees that this Pledge Amendment may be attached to the Security Agreement and that the Pledged Securities and/or Intercompany Notes listed on this Pledge Amendment shall be deemed to be and shall become part of the Pledged Collateral and shall secure all Secured Obligations.

 

This Pledge Amendment shall be governed by and construed in accordance with the laws of the State of New York, as applied to contracts made and performed within the State of New York, without regard to principles of conflicts of law.  The undersigned agrees to submit to the jurisdiction of the courts of the State of New York in any action or proceeding arising out of or relating to this Pledge Amendment.

 

PLEDGED SECURITIES

 

ISSUER

 

CLASS
OF STOCK
OR
INTERESTS

 

CERTIFICATE
NO(S).

 

PERCENTAGE OF ALL
ISSUED CAPITAL OR
OTHER EQUITY
INTERESTS OF ISSUER

 

Jalou Breaux Bridge, LLC

 

Membership Interests

 

1

 

100

%

Jalou Eunice, LLC       

 

Membership Interests

 

1

 

100

%

Jalou of Jefferson, LLC

 

Membership Interests

 

1

 

100

%

 

INTERCOMPANY NOTES

 

ISSUER

 

PRINCIPAL
AMOUNT

 

DATE OF
ISSUANCE

 

INTEREST
RATE

 

MATURITY
DATE

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

None

 

 

 

 

 

 



 

 

JALOU, LLC, a Louisiana limited liability
company, as Pledgor

 

 

 

 

 

 

 

By:

/s/ Ian M. Stewart

 

 

 

Ian M. Stewart

 

 

President and Manager

 

 

 

AGREED TO AND ACCEPTED:

 

 

 

 

 

WELLS FARGO BANK, NATIONAL ASSOCIATION, as Trustee

 

 

 

 

 

 

 

 

By:

/s/ Joseph P. O’Donnell

 

 

 

 

Name: Joseph P. O’Donnell

 

 

 

Title: Assistant Vice President

 

 

 

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