VLT definition

VLT means a Video Lottery Terminal;

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VLT means a video lottery terminal or any other mechanical, electromechanical or electronic device or machine that in itself or when networked with other, similar devices or machines performs all of the functions of a lottery.

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.

Examples of VLT in a sentence

• The IP License and Technology Agreements, the Rhode Island VLT JV Interest Management Contract, the Rhode Island VLT System Subcontract and the Transition Services Agreement shall have been executed and delivered by the parties (other than the members of the Remainco Group) thereto.

• The times of work and days of work may be varied for shift workers such as Security Personnel and VLT staff, provided eight (8) hour shifts and the break periods are maintained.

• Images can be selected and copied from the Overview work area of the VLT to the Album work area using the “Drag and Drop” feature.

• Except as hereinafter expressly limited, or otherwise on the sales order acknowledgment or VLT product literature, VLT unconditionally warrants that its Standard Products, when operated at or below rated optical power and within specified physical and electrical limits shall be free from defects in materials and workmanship for a period of one year from the date of shipment from VLT.

• THIS WARRANTY IS THE ONLY WARRANTY MADE BY VLT AND CAN ONLY BE AMENDED BY A WRITTEN INSTRUMENT SIGNED BY AN OFFICER OF VLT.

• Notwithstanding any provision of these terms and conditions to the contrary, orders for special, custom, value-added and other non-standard Products, including Products to be assembled in kit form, Products of manufacturers which do not appear on Buyer’s line card, work-in-process and Products otherwise identified by VLT as “NCNR” OR “Non-Cancelable and Non-Returnable” (“Non-Standard Products”) shall be non-cancelable and non-returnable.

• No orders for standard Products (“Standard Products”) may be cancelled or rescheduled without Buyer’s consent, which consent may be given by VLT in its sole discretion.

• Orders are subject to credit approval by VLT, which may in its sole discretion at any time change the terms of Buyer’s credit, require payment in cash, bank wire transfer or by official band check and/or require payment of any or all amounts due or to become due for Buyer’s order before shipment of any or all of the Products.

• You agree that we can terminate your eStatement access and revert to printed mailed statements for any reason at any time.

• The IP License and Technology Agreements, the Rhode Island VLT JV Interest Management Contract, the Rhode Island VLT System Subcontract and the Transition Services Agreement shall have been executed and delivered by the parties (other than Merger Partner or Merger Sub) thereto.

More Definitions of VLT

VLT means a video or electromechanical game of skill or chance that accepts ▇▇▇▇▇▇, sponsored by an agency of a state government and controlled by such state’s lottery, and is classified by the applicable state agency as a “video lottery terminal.”

VLT have the meaning given the term "Video Lottery Terminal" in Rhode General Laws Section 42-61.2-1(7) as may be hereafter amended from time, and shall also include any electronic computerized device used to play Video Lottery Games authorized by the Rhode Island Lottery Commission or other governing body.

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.

VLT means any electronic or other device, contrivance or machine where the game outcome decision-making portion of the overall assembly is microprocessor controlled wherein the ticket or game outcome is displayed on a video display screen, electronically controlled physical reels, or other electronic or electro-mechanical display mechanism and that is available for consumer play at the device upon payment of any consideration, with winners determined by the application of the element of chance and the amount won determined by the possible prizes displayed on the device and which awards game credits. Such device also displays both win amounts and current credits available for play to the player.

VLT means a video lottery terminal, which is a device authorized by a Party