UTGR definition

UTGR means that corporation defined in Chapter 16 of the Public Laws of 2010,

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UTGR means UTGR, Inc., a Delaware corporation and including such entity, as reorganized under the Plan, and any UTGR Business Affiliate. References herein to “UTGR” shall include its permitted successors and assigns under the UTGR Master Contract, if licensed by the Rhode Island department of business regulation.

UTGR has the meaning given that term in Chapter 16 of the Public Laws of 2010, Part A, Section 2(n).

Examples of UTGR in a sentence

• Any such adjustment in the Blended Rate shall be effective ten (10) days after the submission by UTGR in accordance with this Section 6.2 A.

• Within sixty (60) days of the close of each Subsequent Year, UTGR shall certify to the Division, with such supporting documentation as the Division shall reasonably require, the amount of its share of Net Terminal Income for such Subsequent Year, the amount of Benchmark Excess, if any, and its proposed adjustment in the Blended Rate.

• So long as a proposed assignee of UTGR or any of its permitted successors shall have been found to be qualified by the Division to hold the license, the Division shall not unreasonably withhold or delay its consent to such proposed assignment.

• The failure on the part of UTGR to pay when due any amount due the Division under this Agreement.

• Beginning with the first Subsequent Year and thereafter in each Subsequent Year, within thirty (30) days after the close of the first six (6) months of such Subsequent Year, UTGR shall submit to the Division a calculation comparing its Adjusted Base Year Net Terminal Income for such year to the annualized actual Net Terminal Income for the first six (6) months of such year and its proposed adjustment in the Blended Rate together with such supporting documentation as the Division shall reasonably require.

• Any adjustment in the Blended Rate required by the UTGR submission shall be effective ten (10) days after the submission by UTGR in accordance with this Section 6.2 B.

• Nothing herein shall prohibit UTGR, with prior approval from the Division, from spending additional funds on the Promotional Points Program; provided, however, that said additional amounts shall not be funded in any part by net terminal income.

• Promptly following the Effective Date, UTGR, or a UTGR Business Affiliate, as applicable, shall execute a Project Labor Agreement (the “Project Labor Agreement”) for the construction of improvements to Lincoln Park, subject to all applicable construction industry trade unions being parties thereto.

• If UTGR commits any act which would permit the Division to revoke its license, including without limitation, conduct described in Section 42-61-5(d) (1), (3), (4) or (5), G.L.R.I., 1956, as amended.

• UTGR hereby undertakes to make the Investment Requirement and construct and place in service the Investment Requirement Assets in the following development phases (the “Development Phases”) within the completion dates (each a “Phase Milestone Completion Date”) subject to any Force Majeure or other event of a nature described in Section 4.2 above operating to cause a delay in such Phase Milestone Completion Date.

More Definitions of UTGR

UTGR means that corporation defined in Chapter 16 of the Public Laws of 2010, Part A, Section 2(n).

UTGR means UTGR, LLC, and its permitted successors and assigns under the

UTGR. Business Affiliate” means any corporation, trust, partnership, joint venture or any other form of business entity that Controls, is Controlled by or is under common Control with, UTGR.

UTGR means UTGR, Inc., a Delaware corporation and including such entity, as reorganized under the Plan, and any UTGR Business Affiliate. References herein to "UTGR" shall include its permitted successors and assigns under the UTGR Master Contract, if licensed by the Rhode Island department of business regulation.

UTGR means UTGR, Inc., a Delaware corporation and member of the Wembley US Group, and, upon the Effective Date of the Acquisition, a direct or indirect wholly-owned subsidiary of BLB, and including any UTGR Business Affiliate. References herein to “UTGR” shall include its permitted successors and assigns under this Agreement. “UTGR Breach” has the meaning set forth in Section 12.1, below. “UTGR Business Affiliate” means any corporation, trust, partnership, joint venture or any other form of business entity that controls, is controlled by or is under common control with, UTGR. “Video Lottery Games” has the meaning given the term in Rhode Island General Laws §42-61.2-1(6) and as operated by the Division on the date hereof. “Video Lottery Terminal” or “VLT” has the meaning given the term “Video Lottery Terminal” in Rhode Island General Laws §42-61.2-1(7) as in effect on the date the Act became law. “Wembley” means Wembley plc, a track-based gaming company headquartered in London and operating in the United Kingdom and the United States. “Wembley US Group” means the U.S. subsidiaries of Wembley plc in existence on the Effective Date. 2.

UTGR. Business Affiliate" means any corporation, trust, partnership, joint venture or any other form of business entity that Controls, is Controlled by or is under common Control with, UTGR.