NET GAMING definition
Examples of NET GAMING in a sentence
To pay, as required, the Software Provider's portion of NET GAMING REVENUE by the l6th day of the following month from which the revenue was received.
The Master Licensee agrees to spend A minimum of 10% of the previous month's NET GAMING REVENUE on advertising and promotional expenditures on any calendar month.
NET GAMING REVENUE is fully defined in Clause 5 of this Agreement.
It is understood by all parties that monthly NET GAMING REVENUE totals shall be derived from the accumulated totals from all Casinos, save Bingo, operated by, or associated with, the Master Licensee.
The Master Licensee shall be entitled to an advertising rebate of 10% of monthly NET GAMING REVENUE for all hard advertising costs associated with the marketing or promotion of the Casino sites.
In the event the Master Licensee fails to achieve the above NET GAMING REVENUE within the allocated time period, the Master Licensee shall not lose the rights associated with the operation of either of the Bingo sites and shall be allowed to continue operating the Bingo sites.
The Master Licensee shall receive 60% of NET GAMING REVENUE of the bingo site.
In the event the second bingo site does not achieve and maintain monthly NET GAMING REVENUE of [CONFIDENTIAL MATERIAL REDACTED AND FILED SEPARATELY WITH THE COMMISSION.] within 12 months of commencement of operations, the Software Provider will have the option to license the bingo software to additional parties.
In the event the second bingo site does not achieve and maintain monthly NET GAMING REVENUE of$1,000,000.00 US within 12 months of commencement of operations, the Software Provider will have the option to license the bingo software to additional parties.
In addition, the Software Provider will receive 11% of the NET GAMING REVENUE of the total monthly NET GAMING REVENUE derived from the Internet casinos that the Master Licensee re-licenses that are using the Software Provider's software.