Financial Default. (a) If a Financial Default occurs in respect of the Licensee, then the Minister may, in addition to any other remedies he or she has under the Act, treat the Financial Default as a Step-In Event and immediately proceed in accordance with clause 23.
Appears in 1 contract
Sources: Keno Related Agreement
Financial Default. (a) If a Financial Default occurs in respect of the Licensee, then the Minister may, in addition to any other remedies he or she has under the Act, treat the Financial Default as a Step-In in Event and immediately proceed in accordance with clause 2312.
Appears in 1 contract
Sources: Public Lottery Ancillary Agreement