Examples of Casino Operating Contract in a sentence
As a prerequisite to maintaining the effectiveness of the Casino Operating Contract, the Casino Operating Contract requires that the Company annually provide the Minimum Payment Guaranty to the Regulating Authority.
On May 15, 1998, the Louisiana Supreme Court issued a decision confirming that the LGCB has the independent authority to renegotiate and execute the Amended and Renegotiated Casino Operating Contract without seeking gubernatorial or legislative approval.
As a prerequisite to maintaining the effectiveness of the Casino Operating Contract, the Casino Operating Contract requires that the Company annually on each March 31 (beginning with March 31, 2003) cause to be provided a Minimum Payment Guaranty or extensions thereof extending to the third anniversary of the respective March 31.
The Company shall at all times (i) maintain the registration of the Collateral Agent as the Registered Leasehold Mortgagee under (and as defined in) the Casino Operating Contract, (ii) provide the RDC with the notice address for the Collateral Agent under (and as defined in) the Casino Lease and (iii) cause a copy or will deliver a copy of any notice provided by the LGCB or the RDC to the Collateral Agent to be delivered at the same time to the Trustee.
On December 9, 1997, the LGCB, among other things, unanimously approved the Modified Casino Operating Contract for submission to the Governor of the State with the request that he submit the Modified Casino Operating Contract to the State legislature for its approval.