Suitability and Other Advances and Accounting Sample Clauses

Suitability and Other Advances and Accounting. As partial consideration for the personnel costs incurred by the Gaming Board in connection with initial suitability, investigations and the State's reasonable fees for work previously performed and to be performed by its principal contract counsel and for work regarding the negotiation of terms and conditions of this Casino Operating Contract and related documents, and subject to the payment schedule set forth below, the Casino Operator shall advance to the Gaming Board an amount (the "Initial Costs"), except as provided hereinafter, not to exceed Three Million Five Hundred Thousand Dollars ($3,500,000) to reimburse the Gaming Board and the State for actual costs, including, but not limited to Gaming Board, State Police and Attorney General personnel and any contract staff or firms appropriate to the suitability process and for work previously performed or to be performed by the principal contract counsel firm for the LGCB and/or the Attorney General and State for work regarding the negotiation of terms and conditions for the Casino Operating Contract and related documents that were or are incurred in connection with the suitability findings and negotiations necessary for the drafting and execution of the Casino Operating Contract and related documents and the opening of the Casino. It is acknowledged by the Gaming Board that the Casino Operator advanced Five Hundred Thousand Dollars ($500,000) of the Initial Costs to the Gaming Board prior to the Plan Effective Date to cover Initial Costs. The Casino Operator shall advance an additional Three Million Dollars ($3,000,000) of the Initial Costs to the Gaming Board on or before the Plan Effective Date. Six (6) months after the Plan Effective Date, the Gaming Board will provide the Casino Operator with a full accounting of the amounts spent to that date and projections as to any additional Initial Costs that are anticipated. Upon Notice from the Gaming Board to the Casino Operator, accompanying the referenced projections as to additional anticipated Initial Costs, the Gaming Board may notify the Casino Operator that the Initial Costs have exceeded the Three Million Five Hundred Thousand Dollars ($3,500,000) previously advanced. In making such projections the Gaming Board and State will give an appropriate credit to the Casino Operator for any funds collected or anticipated by the Gaming
AutoNDA by SimpleDocs

Related to Suitability and Other Advances and Accounting

  • Financial Statements; Borrowing Base and Other Information The Borrowers will furnish to the Administrative Agent and each Lender:

  • Financial Statements and Other Information The Borrower will furnish to the Administrative Agent and each Lender:

  • Financial and Other Information Keep adequate records and books of account with respect to its business activities, in which proper entries are made in accordance with GAAP reflecting all financial transactions; and furnish to Agent and Lenders:

  • Field Examination and Other Fees Subject to any limitations set forth in Section 5.7(c), Borrowers shall pay to Agent, field examination, appraisal, and valuation fees and charges, as and when incurred or chargeable, as follows (i) a fee of $1,000 per day, per examiner, plus out-of-pocket expenses (including travel, meals, and lodging) for each field examination of any Loan Party or its Subsidiaries performed by or on behalf of Agent, and (ii) the fees, charges or expenses paid or incurred by Agent if it elects to employ the services of one or more third Persons to appraise the Collateral, or any portion thereof.

  • Guarantees, Loans, Advances and Other Liabilities Except as contemplated by this Indenture or the Basic Documents, the Issuer shall not make any loan or advance or credit to, or guarantee (directly or indirectly or by an instrument having the effect of assuring another's payment or performance on any obligation or capability of so doing or otherwise), endorse or otherwise become contingently liable, directly or indirectly, in connection with the obligations, stocks or dividends of, or own, purchase, repurchase or acquire (or agree contingently to do so) any stock, obligations, assets or securities of, or any other interest in, or make any capital contribution to, any other Person.

  • Field Audit, Examination Reports and other Information; Disclaimer by Lenders By signing this Agreement, each Lender:

  • Record Keeping and Other Information FIIOC and FSC shall create and maintain all records required by all applicable laws, rules and regulations relating to the services to be performed herein, including but not limited to, all applicable records required by Section 31(a) of the 1940 Act and the rules thereunder, as the same may be amended from time to time. All records shall be the property of the Trust and shall be available for inspection and use by the Trust at all times. Where applicable, such records shall be maintained by FIIOC and FSC for the periods and in the places required by Rule 31a-2 under the 1940 Act, with respect to FIIOC, and by rules under the 1940 Act, with respect to FSC.

  • Reports and Other Information (a) The Fund and the Investment Manager agree to furnish to each other, if applicable, current prospectuses, proxy statements, reports to shareholders, certified copies of their financial statements, and such other information with respect to their affairs as each may reasonably request. The Investment Manager further agrees to furnish to the Fund, if applicable, the same such documents and information pertaining to any sub-adviser as the Fund may reasonably request.

  • Effect On Other Advances If notice has been given pursuant to Section 11.1, 11.2 or 11.3 hereof suspending the obligation of any Lender to make Eurodollar Advances, or requiring Eurodollar Advances of any Lender to be repaid or prepaid, then, unless and until such Lender notifies the Borrower that the circumstances giving rise to such repayment no longer apply, all Advances which would otherwise be made by such Lender as Eurodollar Rate Advances shall be made instead as Base Rate Advances.

  • Proofs, Certificates and Other Information Any person presenting Shares for deposit, any Holder and any Beneficial Owner may be required, and every Holder and Beneficial Owner agrees, from time to time to provide to the Depositary and the Custodian such proof of citizenship or residence, taxpayer status, payment of all applicable taxes or other governmental charges, exchange control approval, legal or beneficial ownership of ADSs and Deposited Property, compliance with applicable laws, the terms of the Deposit Agreement or the ADR(s) evidencing the ADSs and the provisions of, or governing, the Deposited Property, to execute such certifications and to make such representations and warranties, and to provide such other information and documentation (or, in the case of Shares in registered form presented for deposit, such information relating to the registration on the books of the Company or of the Share Registrar) as the Depositary or the Custodian may deem necessary or proper or as the Company may reasonably require by written request to the Depositary consistent with its obligations under the Deposit Agreement and the applicable ADR(s). The Depositary and the Registrar, as applicable, may withhold the execution or delivery or registration of transfer of any ADR or ADS or the distribution or sale of any dividend or distribution of rights or of the proceeds thereof or, to the extent not limited by the terms of Section 7.8(a), the delivery of any Deposited Property until such proof or other information is filed or such certifications are executed, or such representations and warranties are made, or such other documentation or information provided, in each case to the Depositary’s, the Registrar’s and the Company’s satisfaction. The Depositary shall provide the Company, in a timely manner, with copies or originals if necessary and appropriate of (i) any such proofs of citizenship or residence, taxpayer status, or exchange control approval or copies of written representations and warranties which it receives from Holders and Beneficial Owners, and (ii) any other information or documents which the Company may reasonably request and which the Depositary shall request and receive from any Holder or Beneficial Owner or any person presenting Shares for deposit or ADSs for cancellation, transfer or withdrawal. Nothing herein shall obligate the Depositary to (i) obtain any information for the Company if not provided by the Holders or Beneficial Owners, or (ii) verify or vouch for the accuracy of the information so provided by the Holders or Beneficial Owners.

Time is Money Join Law Insider Premium to draft better contracts faster.