Chip Turnover definition

Chip Turnover means the total value of all gamin’ chips that are wagered within the VIP Gaming Room.
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Chip Turnover means the total value of all gaming chips that are wagered within the Casino.
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Examples of Chip Turnover in a sentence

  • After six calendar months from the opening of the Casino, GIA shall have the right in its sole and absolute discretion to terminate this Agreement by thirty (30) days’ notice in writing if Doowell and the other two Affiliated VIP Gaming Rooms collectively fail to promote sufficient gaming; activity so as to achieve Chip Turnover of Hong Kong Dollars One Billion Five Hundred Million (HK $1,500,000,000) per month for three consecutive months.

Related to Chip Turnover

  • Annual Turnover means the actual turnover achieved during your first year of operations, from the commencement of your business to the date of the damage, converted to a 12-month equivalent figure.

  • Standard Turnover means the turnover achieved between the date of commencement of your business and the date of the damage, converted to the selected indemnity period.

  • aggregate turnover means the aggregate value of all taxable supplies (excluding the value of inward supplies on which tax is payable by a person on reverse charge basis), exempt supplies, exports of goods or services or both and inter-State supplies of persons having the same Permanent Account Number, to be computed on all India basis but excludes central tax, State tax, Union territory tax, integrated tax and cess;

  • Adjusted Total turnover means the turnover in a State or a Union territory, as defined under sub-section (112) of section 2, excluding the value of exempt supplies other than zero-rated supplies, during the relevant period;

  • Turnover Plan means the written plan developed by Contractor, approved by HHSC, and to be employed when the Work described in the Contract transfers to HHSC, or its designee, from the Contractor.