Exhibit 10.22
AMENDMENT TO LIMITED CONTINUING
GUARANTY
This Amendment to Limited Continuing
Guaranty (this “ Amendment ”), dated as of
September 22, 2006, relates to the Limited Continuing Guaranty
dated as of January 5, 2006 (as amended to date, the “
Guaranty ”), among Millennium Gaming, Inc., Esquire
Ltd., Inc. and MGIM, LLC (collectively the “
Guarantors ”) in favor of the Lenders (as defined in
the Credit Agreement (as hereinafter defined)) and Bank of America,
N.A. (“ Bank of America ”), as Administrative
Agent (the “ Administrative Agent ”).
In compliance with the Credit
Agreement dated as of January 5, 2006 (as amended,
supplemented, modified or restated from time to time, the “
Credit Agreement ”) among Cannery Casino Resorts, LLC,
The Cannery Hotel and Casino, LLC, Nevada Palace, LLC, and Rampart
Resort Management, LLC (the “ Borrowers ”), the
Administrative Agent, the L/C Issuer, the Swing Line Lender and the
Lenders, OCM AcquisitionCo, LLC (the “ Additional
Guarantor ”) and the Guarantors hereby agree as follows
(capitalized terms used but not otherwise defined herein shall have
the meanings ascribed to them in the Credit Agreement):
1.
Amendment . The Guaranty is hereby amended to add as a
party, and more specifically, as a Guarantor thereunder, the
Additional Guarantor.
2.
Additional Guarantor as