LET Sample Clauses

LET. The Landlord in consideration of the rent hereby lets the Room to the Tenant (but, except as hereinafter specified, expressly excluding heirs, assignees, trustees, sub-tenants and creditors) together with the right to use the Building Common Areas including the right of access to and from the Room over such of the Building Common Areas as are designated or designed for such access.

LET. The Lessor hereby lets to the Lessee who rents the Property for the purposes of erecting and occupying a private dwelling, on the Property on the terms and conditions set out in this Agreement.

LET. Tenant agrees that it will collect any applicable LET associated with the sale of food, beverage, merchandise and/or goods from the Premises. LET taxes, required reporting information and a check for the amount owed shall be provided to Landlord’s accounting department by the tenth (10th) of the following month. Tenant is held responsible for various monthly, quarterly and annual audits and reporting that will be communicated as required to the Nevada Gaming Control Board (“NGCB”) and reported to Landlord for subsequent reporting to the NGCB. Tenant shall make all documents containing information relative to the computation of the LET available for inspection upon prior written notice by representatives of Landlord and/or the NGCB. This obligation shall continue beyond the term of this Lease. Tenant shall be liable for any and all LET, interest and penalties found to be payable in connection with the sale of admissions, food, beverage, merchandise and/or goods from the Premises as a result of understated taxable revenues, insufficiency of records or, if Tenant is permitted to pay the LET directly to the NGCB, untimely payment of the LET. If Tenant is not permitted to pay the LET directly to the NGCB, then if Tenant has timely remitted the payment to Landlord as required in this Section 4.7 (B), Tenant shall not be liable for the untimely payment of the LET to the NGCB or penalties or fees. Landlord will collect any applicable LET on tickets sold by it through its box office and remit the amount collected to the appropriate taxing authority. Any applicable LET will be added on top of the ticket prices and charged at the time the tickets are sold.