PLEASE READ AND SIGN BELOW:
I, the undersigned, hereby give Nevada Property 1 LLC dba The Cosmopolitan of Las Vegas and its affiliates ("CLV") authorization to obtain and verify my financial information (including but not limited to account balance information) from any source, obtain my financial and employment history, and exchange information with others about my financial and account experience with CLV. I agree not to hold CLV responsible or liable for the information released or for its use of any such information. I agree that CLV may retain and use the information on this application and any information it receives based on my authorization whether or not I am granted marker signing privileges.
As a condition to being granted marker signing privileges, I agree to sign credit instruments, also known as markers or checks ("Markers") (e.g., chips, cash, or tokens) in the amount of the funds issued to me. Further, I authorize CLV to complete any of the following information on those markers: (1) name of payee, (2) a date, (3) name, account number and/or address of any of my banks and financial institutions, (4) electronic encoding of the above, and (5) as otherwise authorized by the law. The information inserted may be for any account from which I now or may in the future have the right to withdraw funds, regardless of whether that account now exists, and whether I provided the information on the account to CLV.
I REPRESENT THAT AT THE TIME I SIGN ANY MARKER, I HAVE ON DE POSIT IN ACCOUNTS ON WHICH I AM AN AUTHORIZED SIGNATORY FOR ALL PURPOSES, WITHOUT RESTRICTION, FUNDS SUFFICIENT TO PAY SUCH MARKER UPON DEMAND OR PRESENTMENT.
I acknowledge that irrespective of any currency exchange laws in the country in which I reside, I have the ability and intent to legally pay through my bank or financial institution the funds represented by the markers signed by me and given to CLV. I also acknowledge that an independent agent collecting front money deposits or payments on my outstanding balance is my agent and not an agent for CLV or any of its affiliates.
I agree that each Marker I sign is a separate transaction. If I receive the funds before I execute a marker, I promptly will sign a Marker when presented to me in the amount of the funds I received. I agree that this application and all credit issued pursuant thereto will be governed, construed and interpreted pursuant to the laws of the State of Nevada. I submit to the jurisdiction of the courts, state or federal, in the State of Nevada in respect of any dispute involving the credit line, the debt or the payee under this application. I agree that CLV may in its sole discretion decide to enforce the credit or litigate any dispute under this application in the courts of any jurisdiction as CLV sees fit, and I waive any requirement of presentment and waive any objection I may have regarding jurisdiction or forum in any litigation commenced by CLV in any courts against me.
I hereby authorize CLV, in its sole discretion, to apply any and all chips I may redeem first to the reduction of any outstanding credit balance, with the remainder, if any, to be returned to me. In addition to any amounts authorized by law, I will pay interest at the rate of eighteen percent (18%) per annum, unless prohibited by Nevada law, and in such case at the highest amount permitted by Nevada law, from the date of issuance of the Marker (if dishonored by a financial institution) and all costs of collecting, including attorney’s fees and court costs.
CLV ENDORSES RESPONSIBLE GAMING: At your request, we will provide you with information on our self-limit program. We will also cancel or limit your access to Marker signing privileges at your written request. If you or anyone you know may have a problem gaming responsibly, please call the 24-hour Problem Gamblers Help-Line at 1-800-522-4700.
Warning: For the purposes of Nevada law, a credit instrument is identical to a personal check and may be deposited in or presented for payment to a bank or other financial institution on which the credit instrument is drawn. Willfully drawing or passing a credit instrument with the intent to defraud, including knowing that there are insufficient funds in an account upon which it may be drawn, is a crime in the State of Nevada which may result in criminal prosecution in addition to civil proceedings to collect the outstanding debt.
I certify that I am 21 years of age or older. I am aware that this application is required to be prepared by the Nevada State Gaming Control Board regulations of the State of Nevada, and I may be subject to civil or criminal liability if any material information provided by me is willfully false.