Mirage Resorts Incorporated Guarantee of 6.75% Notes for The Chase Manhattan Bank and Firstar Bank of Minnesota

Summary

Mirage Resorts Incorporated has issued guarantees in favor of The Chase Manhattan Bank and Firstar Bank of Minnesota, N.A., supporting different series of notes. The guarantees ensure payment of $250 million in 7.25% Senior Notes due 2006 (Firstar) and $400 million in notes with varying rates and maturities (Chase). The terms and obligations are otherwise identical, with Mirage Resorts guaranteeing the repayment of these notes as specified. The only differences are the parties involved and the specific notes covered by each guarantee.

EX-10.8 11 0011.txt MIRAGE RESORTS INCORPORATED GUARANTEE 6.75% NOTES Exhibit 10.8 Schedule of Omitted Documents Pursuant to Instruction No. 2 to Item 601 of Regulation S-K, MGM Grand, Inc., has omitted from the Exhibits filed with its Current Report on Form 8-K the Chase Manhattan Bank Guarantee II, which differs from the Firstar Bank of Minnesota Guarantee filed as Exhibit 10.6 to this Current Report solely to the extent that each guaranty supports a different agreement. The signatory parties and substantive text of both guarantees are exactly the same. Only the parties in whose favor the guarantees were executed and the recital stating the interest rate and maturity date of the obligations being guaranteed are different, the Firstar Bank of Minnesota Guarantee being in favor of Firstar Bank of Minnesota, N.A. with respect to $250,000,000 of 7.25% Senior Notes due 2006 and the Chase Manhattan Bank Guarantee II being in favor of The Chase Manhattan Bank with respect to $200,000,000 of 6.625% Notes due February 1, 2005 and $200,000,000 of Notes due August 1, 2017.