Exhibit 10.1
CONSENT
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April 17, 1996
Reference is hereby made to the Credit Agreement, dated as of June 9,
1995, among Harrah's Entertainment, Inc. ("Parent"), Harrah's Operating
Company, Inc. (the "Company"), Marina Associates ("Marina"), the lenders
from time to time party thereto (the "Banks"), Bankers Trust Company, The
Bank of New York, CIBC Inc., Credit Lyonnais, Atlanta Agency, First
Interstate Bank of Nevada, N.A., The Long-Term Credit Bank of Japan,
Limited, New York Branch, NationsBank of Georgia, N.A., Societe Generale
and The Sumitomo Bank, Limited, New York Branch, as Agents (the "Agents"),
and Bankers Trust Company, as Administrative Agent (the "Administrative
Agent") (as amended, modified or supplemented from time to time, the "364-
Day Credit Agreement"). Unless otherwise defined herein, capitalized terms
used herein shall have the respective meanings provided in the 364-Day
Credit Agreement.
Pursuant to Section 2.04(a) of the 364-Day Credit Agreement, the
Company has submitted to the Administrative Agent the attached written
request (and accompanied officer's certificate) to extend the Final
Maturity Date of the 364-Day Credit Agreement to June 12, 1997. In
connection therewith, each of the undersigned Banks hereby agrees to extend
its Maturity Date (and the Final Maturity Date) to June 12, 1997.
This Consent may be executed in any number of counterparts and by the
different parties hereto on separate counterparts, each of which
counterparts when executed shall be an original, but all of which shall
together constitute one and the same instrument. A complete set of
counterparts shall be lodged with Parent and the Administrative Agent.
IN WITNESS WHEREOF, each of the parties hereto has caused a
counterpart of this Consent to be duly executed and delivered.
HARRAH'S ENTERTAINMENT, INC.
By: /s/William S. McCalmont
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Title: Vice President & Treasurer
HARRAH'S OPERATING COMPANY, INC.
By: /s/William S. McCalmont
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Title: Vice President & Treasurer
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MARINA ASSOCIATES
By: HARRAH'S ATLANTIC CITY, INC.,
a general partner
By: /s/ William S. McCalmont
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Title: Assistant Secretary
By: HARRAH'S NEW JERSEY, INC.,
a general partner
By: /s/ William S. McCalmont
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Title: Assistant Secretary
BANKERS TRUST COMPANY,
Individually and as
Administrative Agent
and as an Agent
By: /s/ Mary Kay Coyle
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Title: Managing Director
THE BANK OF NEW YORK,
Individually and as an
Agent
By: /s/ Gregory L. Batson
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Title: Vice President
CIBC INC., Individually and
as an Agent
By: /s/ Paul Chakmak
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Title: Director
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CREDIT LYONNAIS, ATLANTA AGENCY,
Individually and as an Agent
By: /s/ David M. Cawrse
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Title: Vice President & Manager
CREDIT LYONNAIS CAYMAN ISLAND
BRANCH
By: /s/ David M. Cawrse
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Title: Authorized Signature
FIRST INTERSTATE BANK OF
NEVADA, N.A., Individually and
as Agent
By: /s/ Maureen Klippenstein
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Title: Vice President
THE LONG-TERM CREDIT BANK OF JAPAN,
LIMITED, NEW YORK BRANCH,
Individually and as an Agent
By: /s/ John Sullivan
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Title: Joint General Manager
NATIONSBANK, N.A. (South),
Individually and as an Agent
By: /s/ Steve Dalton
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Title: Vice President
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SOCIETE GENERALE, Individually and
as an Agent
By: /s/ Donald Schubert
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Title: Vice President
THE SUMITOMO BANK, LIMITED,
ATLANTA AGENCY, Individually
and as an Agent
By: /s/ Masayuki Fukushima
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Title: Joint General Manager
BANK OF AMERICA NATIONAL TRUST
AND SAVING ASSOCIATION
By: /s/ Scott L. Faber
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Title: Vice President
THE NIPPON CREDIT BANK, LTD.,
LOS ANGELES AGENCY
By: /s/ Bernardo E. Correa-Henschke
-------------------------------
Title: Vice President &
Senior Manager
THE BANK OF NOVA SCOTIA
By: /s/ F.C.H. Ashby
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Title: Senior Manager Loan
Operations
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GIROCREDIT BANK A. G. DER
SPARKASSEN, GRAND CAYMAN
ISLAND BRANCH
By: /s/John Redding
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Title:
By: /s/Richard Stone
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Title:
THE TOKAI BANK, LIMITED,
NEW YORK BRANCH
By: /s/Stuart M. Schulman
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Title: Senior Vice President
THE BOATMEN'S NATIONAL BANK
OF ST. LOUIS
By: /s/David Wilsdorf
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Title: Vice President
FIRST AMERICAN NATIONAL BANK
By: /s/Elizabeth H. Vaughn
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Title: Senior Vice President
FIRST TENNESSEE BANK NATIONAL
ASSOCIATION
By: /s/James H. Moore, Jr.
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Title: Vice President
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THE INDUSTRIAL BANK OF JAPAN,
LIMITED
By: /s/Junya Fujiwara
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Title: Senior Vice President and
Deputy General Manager
MIDLANTIC BANK, N.A.
(formerly known as Midlantic
National Bank)
By: /s/Lori A. Osmulski
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Title: Banking Officer
THE SANWA BANK, LIMITED,
ATLANTA AGENCY
By: /s/William M. Plough
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Title: Vice President
UNITED STATES NATIONAL BANK
OF OREGON
By: /s/Fiza Noordin
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Title: Corporate Banking Officer
DEPOSIT GUARANTY NATIONAL BANK
By: /s/Larry C. Ratzlaff
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Title: Senior Vice President
THE MITSUBISHI TRUST & BANKING
CORP.
By: /s/Patricia Loret de Mola
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Title: Senior Vice President
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WESTDEUTSCHE LANDESBANK
GIROZENTRALE, NEW YORK BRANCH
By: /s/ Salvatore Battinelli
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Title: Vice President
By: /s/ Lucie L. Guernsey
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Title: Vice President
ABN AMRO BANK N.V., SAN FRANCISO
BRANCH
By: ABN AMRO NORTH AMERICA,
INC., AS AGENT
By: /s/ Jeffrey A. French
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Title: Vice President & Director
By: /s/ Bradford H. Leahy
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Title: Officer
SUNTRUST BANK, NASHVILLE, N.A.
By: /s/ Anneliese H. Tyler
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Title: Vice President
FIRST NATIONAL BANK OF COMMERCE
By: /s/ Stephen M. Valdes
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Title: Vice President
FLEET BANK N.A. Formerly
NATWEST BANK N.A.
By: /s/ John T. Harrison
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Title: Vice President
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