Missouri Gaming Commission definition

Missouri Gaming Commission has the meaning ascribed by MRS 313.004 and refers to the body empowered to act pursuant to Chapter 313 of the Missouri Revised Statutes and Title 11, Division 45 of the Missouri Code of State Regulations.
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Missouri Gaming Commission. (“MGC”) means the Missouri Gaming Commission or any other judicial or regulatory authority responsible for granting approval(s), qualification(s), license(s), or permit(s) for any aspect of gaming in the state of Missouri.
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Examples of Missouri Gaming Commission in a sentence

  • If the Missouri Gaming Commission redetermines Net Gaming Revenue, Landlord shall automatically be entitled to additional Percentage Rent hereunder (or Tenant shall be entitled to a reduction of Percentage Rent) based upon such redetermination applicable to the Percentage Rent Year for which such Percentage Rent should have been paid.

  • Upon Landlord's request, Tenant also shall provide Landlord with a copy of each financial statement, report and filing issued by or on its behalf and provided to any regulatory body, including, without limitation, the Missouri Gaming Commission, the Securities and Exchange Commission and other authorities, agencies and commissions having jurisdiction over Tenant's operations.

  • The Missouri Gaming Commission, or any successor commission or authority which has jurisdiction to license and regulate gambling on the Premises pursuant to Missouri Gambling Law.

  • The Lenders hereby expressly authorize the Administrative Agent to execute, deliver and perform under, on behalf of the Lenders, (a) the Intercreditor Agreement, (b) the "Corporate Securities and Finance Compliance Affidavit" required by the Missouri Gaming Commission and (c) any other affidavit, report, notice or other document required by any Gaming Board.

  • The Lenders hereby expressly authorize the Administrative Agent to execute, deliver and perform under, on behalf of the Lenders, (a) the Intercreditor Agreement, (b) the "Corporate Securities Financial Compliance Affidavit" required by the Missouri Gaming Commission and (c) any other affidavit, report, native or document required by any Gaming Board.

  • This annual payment shall be reduced by the following formula: Franchisee shall receive a credit against said annual payment each year in an amount equal to the sums which Franchisee pays to City in excess of the projected ($1,349,790.00 annual revenues from local gaming tax and local admission fees to the City as submitted by Franchisee to the Missouri Gaming Commission, up to $50,000.00 per calendar year.

  • Tenant shall pay, or shall cause the occupant of the Players' Premises to pay the additional Percentage Rent, in the manner set forth in Section 5.3, within five (5) Business Days after the Missouri Gaming Commission provides Notice of such redetermination to Tenant or the occupant of the Players' Premises and if reduction of Percentage Rent is required by such redetermination, Tenant may deduct such amount from ensuing Percentage Rent payment(s).

  • The term "Adjusted Gross Revenues" shall be defined by the then applicable regulations of the Missouri Gaming Commission, provided Franchisee is operating a gaming facility within the City of LaGrange.

  • Without limiting the foregoing, Seller acknowledges that it has no rights in the gaming application fee paid to the Missouri Gaming Commission and that all rights in said fees now belong to the Partnership.

  • For purposes of this Lease and the Project Documents, the term “Opening Date” shall mean the date on which the Missouri Gaming Commission first issues a license to Tenant to open the Riverboat/Floating Facility for business to the public.