Reciprocal Termination Sample Clauses

Reciprocal Termination. Notwithstanding any other provision of this Agreement to the contrary, each party shall have the right to terminate this Agreement on forty-five (45) days prior written notice (or such lesser period mandated by the Board) to the other in the event such other party shall cause, commit or suffer to exist with respect to: (a) A material breach of this Agreement which is not cured within the aforementioned forty-five (45) day period of written notice thereof; (b) The institution of any statute, regulation, rule or ruling rendering the conduct of gaming in the United States or at the Complex illegal; (c) The Board shall deem Operator unsuitable; (d) Service ▇▇▇▇ registrations No. 1,851,759 or 1,903,858 for "Hollywood Casino" shall be rescinded by the U. S. Patent and Trademark Office. or a court of competent jurisdiction shall have entered a final non-appealable order enjoining or otherwise preventing the Operator from utilizing the "Hollywood Casino" ▇▇▇▇ at the Complex; or (e) HWCC-Louisiana, Inc. or its assignee or transferee ("HWCC") fails to contribute the lesser of (i) the portion of capital for which it is obligated under the terms of the Master Agreement dated October____, 1997, by and among New Orleans Paddlewheels, Inc., Shreveport Paddlewheels, Inc., Sodak Gaming, Inc. and HWCC (the "Master Agreement") or the Amended and Restated Joint Venture Agreement of QNOV and (ii) the amount of capital contributed at such time by Sodak Gaming, Inc., its affiliate or their assignee or transferee.

Reciprocal Termination. A notice delivered by hand shall be deemed to have been received when delivered (or if delivery is not in business hours, at 9 am in Sydney on the first Business Day following delivery). A correctly addressed notice sent by pre-paid first-class post or recorded delivery post shall be deemed to have been received at the time at which it would have been delivered in the normal course of post. A notice sent by facsimile or electronic mail will be deemed to have been received at the time of transmission (as shown by the timed printout obtained by the sender). This Document will, unless otherwise terminated as provided in this paragraph 14, commence on the Commencement Date and will continue unless terminated by either party on not less than 30 day’s written notice.

Reciprocal Termination. Notwithstanding any other provision of this Agreement to the contrary, each party shall have the right to terminate this Agreement on ninety (90) days prior written notice (or such lesser period mandated by the Board or another gaming regulatory authority) to the other in the event: (a) Any statute, regulation, rule or ruling renders the conduct of gaming in the United States or at the Complex illegal; (b) The Board shall deem Eldorado unsuitable; or (c) upon the occurrence of a “change of control”, as that term is defined in the Amended and Restated Indenture dated as of [__________], 2005 by and among the Owner, Shreveport Capital Corporation, the Eldorado Affiliates and U.S. Bank National Association; provided, however, that so long as Eldorado continues to receive timely payments of the compensation specified in Article Five of this Agreement, unless otherwise required by the Board or another gaming regulatory authority, in no event shall any such termination be effective without the consent of the Owner until such time as a replacement manager has been selected by the Owner and approved by the Board.

Reciprocal Termination. This Document will, unless otherwise terminated as provided in this paragraph 14, commence on the Commencement Date and will continue unless terminated by either party on not less than 30 day’s written notice.

Reciprocal Termination. Notwithstanding any other provision of this Agreement to the contrary, each party shall have the right to terminate this Agreement on forty-five (45) days prior written notice to the other in the event such other party shall cause, commit or suffer to exist with respect to: (a) A material breach of this Agreement which is not cured within the period of written notice thereof; or (b) The institution of any statute, regulation, rule or ruling rendering the conduct of gaming in the United States or at the Complex illegal.

Reciprocal Termination. Either party may terminate this Agreement without cause after first providing the other party at least sixty (60) days’ prior written notice, and with cause upon thirty (30) days' prior written notice, with the effective date of any such termination being the last day of the month. "Cause" shall be defined as a material breach of this Agreement, willful misconduct, gross negligence or insolvency. Notice of termination shall be delivered to either party in accordance with Section 20 of this Agreement. Association understands and agrees that Agent shall be entitled to its compensation hereunder through the notice period whether or not the Association actually allows Agent to continue its services. If Agent is authorized to continue services, then such duties shall be performed through 5:00 p.m. on the termination date.