PAGCOR definition

PAGCOR means the organization purchasing the Goods, as named in the SCC.
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PAGCOR means the Philippine Amusement and Gaming Corporation or its successor entity, whereby ―successor entity‖ means any successor or assignee to or replacement of PAGCOR in its capacity as a Person entitled to regulate and license all gaming casinos in the territorial jurisdiction of the Republic of the Philippines.
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PAGCOR means the Philippine Amusement and Gaming Corporation or its successor entity, whereby “successor entity” means any successor or assignee to or replacement of PAGCOR in its capacity as a Person entitled to, among others (i) regulate and license all gaming establishments; and (ii) register and affiliate suppliers of approved gaming equipment and paraphernalia in the territorial jurisdiction of the Republic of the Philippines.
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Examples of PAGCOR in a sentence

  • On November 23, 2011, PAGCOR approved the inclusion of Belle as a licensee under the Provisional License.

  • PAGCOR may collect a 5% fee of non-gaming revenue received from food and beverage, retail and entertainment outlets.

  • The Licensees agree to contribute such amounts and for such purposes as notified by MCE Leisure (or in certain circumstances the Philippine Parties) to PAGCOR (subject to any recommendations PAGCOR may make).

  • Restricted Cash Restricted cash represents cash in escrow account as required in the Provisional License issued by PAGCOR for the development of the Philippines Project.

  • In addition, MCE Leisure shall be entitled to retain all profits from non-gaming operations and shall be responsible for the license fee to PAGCOR under the Casino License and all applicable costs and expenses relating to the operation and management of the Project.

  • MCE Leisure shall use commercially reasonable efforts to operate the Project in a manner consistent with the Casino License (including the Project Implementation Plan), the PAGCOR Wrap Letter, the Technical and Pre-Operating Budget and the Annual Operating Budget.

  • The RMC further provided that PAGCOR’s licensees and contractees, which are entities duly authorized and licensed by PAGCOR to perform gambling casinos, gaming clubs and other similar recreation or amusement places, and gaming pools, are likewise subject to income tax under the Tax Code.

  • On October 25, 2012, further to the Cooperation Agreement as mentioned above, PAGCOR acknowledged the inclusion of, amongst others, MCE Leisure as a co-licensee, as well as the “special purpose entity”, to take effect as of the effective date of the Cooperation Agreement, allowing MCE Leisure to be the operator to operate the casino business and as representative for itself and on behalf of the other co-licensees under the Provisional License in their dealings with PAGCOR.

  • The license to the operating Company was issued on November 9, 2004 by the Government gaming entity, PAGCOR, allowing the project to move forward.

  • MCE Leisure shall pay the premiums for any surety bond required by PAGCOR under the Provisional License for the purposes of guaranteeing payment of the License Fees in connection with the Casino operation and any such payment shall be allowed as a deduction in the calculation of the relevant Casino Gaming EBITDA as provided in Schedule 2.


More Definitions of PAGCOR

PAGCOR means the Philippine Amusement and Gaming Corporation, or any agency succeeding to the functions of the Philippine Amusement and Gaming Corporation.
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Related to PAGCOR

  • POPI means the Protection of Personal Information Act 4 of 2013, as amended from time to time, together with any regulations issued from time to time in terms thereof;

  • Dell means Dell Inc., a Delaware corporation.

  • Pioneer or the "Company" means Pioneer Natural Resources Company and its subsidiaries.

  • AASHTO means the American Association of State Highway and Transportation Officials.

  • CSC means the Civil Service Commission of the City and County of San Francisco.

  • AEMO means the Australian Energy Market Operator.

  • RSMML or “COMPANY” shall mean “Rajasthan State Mines & Minerals Limited,” having its registered office at C - 89-90, Lal Kothi Scheme, Jaipur (Rajasthan) 302 015, and Corporate Office at 4, Meera Marg, Udaipur (Rajasthan) including its successors in office and assignees or its representatives authorized to act on its behalf for the purpose of contract.

  • AMS means the Federal Aviation Administration’s Acquisition Management System.

  • Headteacher means the headteacher or principal of the Academy;

  • Catechumen means a member of the catechumenate of a Catholic Church. This will normally be evidenced by a certificate of reception into the order of catechumens.

  • Supply Chain Management All aspects of supply chain management, from the initial sourcing phase through customer delivery (e.g., procurement, sourcing management, inventory management, catalog management, ordering/purchasing, invoice tracking, storefront/shopping cart, warehouse management, returns management, logistics/transportation).

  • AHPRA means The Australian Health Practitioner Regulation Agency. AHPRA is responsible for regulating Australia’s registered health practitioners.

  • Greenfield means land not developed beyond agricultural, range, or forestry use.

  • SBS means the New York City Department of Small Business Services.

  • Summit means the Summit of the Heads of State or Government of SADC established by Article 9 of this Treaty;

  • TELRIC means Total Element Long-Run Incremental Cost.

  • Panchayat means an institution (by whatever name called) of self-government constituted under article 243B, for the rural areas;

  • hostel means a place of residence for the students of the University, or its colleges, institutions and study centers, established or recognized to be as such by the University;

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  • DTS means Days to Settlement, i.e., the number of actual days elapsed from and including the original Closing Day with respect to such Accepted Note (in the case of the first such payment with respect to such Accepted Note) or from and including the date of the next preceding payment (in the case of any subsequent delayed delivery fee payment with respect to such Accepted Note) to but excluding the date of such payment; and "PA" means Principal Amount, i.e., the principal amount of the Accepted Note for which such calculation is being made. In no case shall the Delayed Delivery Fee be less than zero. Nothing contained herein shall obligate any Purchaser to purchase any Accepted Note on any day other than the Closing Day for such Accepted Note, as the same may be rescheduled from time to time in compliance with paragraph 2B(7).

  • Beacon means a highway traffic signal with one or more signal sections that operate in a flashing mode. (ORC 4511.01(KKK))

  • snippet means the Guarantee and Collateral Agreement, as amended, supplemented or otherwise modified from time to time, in the form of Exhibit E, among Holdings, the Borrower, each Subsidiary Loan Party and the Administrative Agent.","snippetLinks":[{"key":"guarantee-and-collateral-agreement","type":"clause","offset":[10,44]},{"key":"as-amended","type":"definition","offset":[46,56]},{"key":"otherwise- modified","type":"clause","offset":[74,92]},{"key":"from-time-to-time","type":"clause","offset":[93,110]},{"key":"form-of","type":"clause","offset":[119,126]},{"key":"exhibit-e","type":"clause","offset":[127,136]},{"key":"holdings","type":"clause","offset":[144,152]},{"key":"the-borrower","type":"clause","offset":[154,166]},{"key":"subsidiary-loan- party","type":"definition","offset":[173,194]},{"key":"the-administrative-agent","type":"clause","offset":[199,223]}],"hash":"61aabf5edc0e717dd017e870877aba2d","id":5},{"size":55,"samples":[{"uri":"/contracts/dcqI4XJ9kpY#collateral-agreement","label":"Credit Agreement (AGA Medical Holdings, Inc.)","score":21},

  • POPIA means the Protection of Personal Information Act, No 4 of 2013;

  • AGLC means the Alberta Gaming and Liquor Commission.

  • We/Us/Our means TATA AIG General Insurance Company Limited.

  • SSC means the Secondary School Certificate (Standard X) examination conducted by the Maharashtra State Board of Secondary and Higher Secondary Education or its equivalent certificate awarded by recognized Boards;