Daily Deposits to Depository Account. Manager shall establish in the Authority’s name a Depository Account. Manager shall collect all Gross Revenues and other proceeds connected with or arising from the operation of the Enterprise, the sale of all products, food and beverage, and all other activities of the Enterprise and deposit the related cash daily into the Depository Account at least once during each twenty-four (24) hour period. All money received by the Enterprise on each day that it is open must be counted at the close of operations for that day or at least once during each twenty-four (24) hour period. Manager agrees to obtain a bonded transportation service to effect the safe transportation of the daily receipts to the bank, the expense for which shall constitute an Operating Expense.
Daily Deposits to Depository Account he Manager with the Board’s approval shall establish for the benefit of the Enterprise in the Enterprise’s name a Depository Account or such other account as required by the Financial Institution. The Manager shall collect all Gross Revenues and other proceeds connected with or arising from the operation of the Enterprise, the sale of all products, food and beverage, and all other activities of the Enterprise and deposit the related cash daily into the Depository Account at least once during each 24-hour period except where deposit cannot be made during a 24 hour period because (1) it is a Bank holiday, (2) an Act of God prevents the deposit of proceeds in the place designated for deposit, (3) bonded transportation service is not available, or (4) it is not cost effective to do so in which case the deposit shall be made on the next business day. All money received by the Enterprise on each day that it is open must be counted at the close of operations for that day or at least once during each 24-hour period except to the extent that slot machine drop for that day is insufficient to warrant daily drops and count. The Parties agree to obtain a bonded transportation service to effect the safe transportation of the daily receipts to the bank, which expense shall constitute an Operating Expense.
Daily Deposits to Depository Account. MPM shall establish for the benefit of MBPI in the Authority name a Depository Account. MPM shall collect all gross revenues and other revenues connected with or arising from the operation of the Enterprise, the sale of all products, food and beverages, and all other activities of the Enterprise and deposit the related cash daily into the Depository Account at least once during each 24-hour period. All money received by the Enterprise on each day that it is open must be counted at the close of operations for that day or at least once during each 24-hour period. MPM agrees to obtain a bonded transportation service to effect the safe transportation of the daily receipts to MBPI, which expenses shall constitute an Operating Expense.
Daily Deposits to Depository Account. Subject to Section 4.23 of this Agreement, the Manager shall establish for the benefit of the Tribe in the Tribels name a depository bank account ("Depository Account") in accordance with Section 4.19 above. The Manager shall collect all Gross Revenues and deposit the related cash less any Bank Roll Amount (hereafter defined) into the Depository Account at least once during each business day. on a daily basis, the General Manager shall determine in its discretion based on prudent commercial practices and the experience of the General Manager in light of the amount of Gaming conducted in the Gaming Facility in the past, the amount of cash ("Bank Roll Amount") necessary to be maintained on-site at the Gaming Facility for the day-to-day operation of the Gaming Enterprise. The Bank Roll Amount shall be calculated based on all cash or coins located on the premises including, without limitation, all cash or monies in the counting room, cages and any other temporary holding facility in the Gaming Facility for cash or other monies. Notwithstanding anything to the contrary contained in this paragraph, the Bank Roll Amount on any given day shall not exceed FOUR MILLION DOLLARS ($4,000,000) without the prior written consent of the Management Business Board. All money received by the Gaming Enterprise on each day that it is open must be counted at the close of operations for that day or at least once during each 24-hour period. The parties hereto agree to obtain a bonded transportation service to effect the safe transportation of the daily receipts to the bank, if such service is available at a reasonable cost, which expense shall constitute an Operating Expense.
Daily Deposits to Depository Account. Manager shall establish for the benefit of the Band in the Enterprise's name a Dominion Account, which shall be subject to the lien and security interest of Manager to the extent provided in ss.9.2.1(x) of the Development Agreement and the Dominion Agreement. Manager shall collect all Gross Revenues and other proceeds connected with or arising from the operation of the Enterprise, the sale of all products, food and beverage, and all other activities of the Enterprise and deposit the related cash daily into the Dominion Account at least once during each 24-hour period unless otherwise agreed by the Business Board. All money received by the Enterprise on each day that it is open must be counted at the close of operations for that day or at least once during each 24-hour period. Manager agrees to obtain a bonded transportation service to effect the safe transportation of the daily receipts to the bank, which expense shall constitute an Operating Expense.
Daily Deposits to Depository Account. Manager will maintain in the Owner’s name a Depository Account. Manager will collect all gross revenues and other proceeds connected with or arising from the operation of the Facility, the sale of all products, food and beverage, and all other activities of the Facility and deposit the related cash into the Depository Account at frequent intervals reasonably determined by the Manager, but no less than one time per Business Day (provided, however, that the foregoing requirement of deposits no less than one time per Business Day is not to be construed as a covenant that all gross revenues will be deposited on the Business Day immediately following the date of receipt). Manager agrees to obtain a bonded transportation service to effect the safe transportation of the daily receipts to the bank, which expense will constitute an Operating Expense.
Daily Deposits to Depository Account. Manager shall establish for the benefit of the Operating Companies in the Enterprise’s name a Depository Account. Manager shall collect all gross revenues and other proceeds connected with or arising from the operation of the Businesses, the sale of all products, food and beverage, and all other activities of the Businesses and deposit the related cash into the Depository Account at frequent intervals reasonably determined by the Manager. Manager agrees to obtain a bonded transportation service to effect the safe transportation of the daily receipts to the bank, which expense shall constitute an Operating Expense.
Daily Deposits to Depository Account. The Manager with the Authority’s approval shall establish for the benefit of the Enterprise in the Enterprise’s name a Depository Account. The Manager shall collect all Gross Revenues and other proceeds connected with or arising from the operation of the Enterprise, the sale of all products, food and beverage, and all other activities of the Enterprise, except for funds deposited into other authorized accounts, including the Capital Reserve Account, and any interest earned on such authorized accounts, and deposit the related cash daily into the Depository Account at least once during each 24-hour period except where deposit cannot be made during a 24 hour period because (1) it is a Bank holiday or (2) an Act of God prevents the deposit of proceeds in the place designated for deposit in which case the deposit shall be made on the next business day; and except cash required to maintain sufficient vault, cage and other readily assessable funds to meet the daily operating needs of the Enterprise (including non-gaming activities). All money received by the Enterprise on each day that it is open must be counted at the close of operations for that day or at least once during each 24-hour period except to the extent that slot machine drop for that day is insufficient to warrant daily drops and count, and no payment or other distribution out of Gross Revenues shall be made before their deposit. The Parties agree to obtain a bonded transportation service to effect the safe transportation of the daily receipts to the bank, which expense shall constitute an Operating Expense.
Daily Deposits to Depository Account. The Manager with the Tribe's approval shall establish for the benefit of the Enterprise in the Enterprise's name a Depository Account. The Manager shall collect all Gross Revenues and other proceeds connected with or arising from the operation of the Enterprise, the sale of all products, food and beverage, and all other activities of the Enterprise and deposit the related cash daily into the Depository Account at least once during each 24-hour period except where deposit cannot be made during a 24 hour period because (1) it is a Bank holiday or (2) an Act of God prevents the deposit of proceeds in the place designated for deposit in which case the deposit shall be made on the next business day. All money received by the Enterprise on each day that it is open must be counted at the close of operations for that day or at least once during each 24-hour period. The parties agree to obtain a bonded transportation service to effect the safe transportation of the daily receipts to the bank, which expense shall constitute an Operating Expense.
Daily Deposits to Depository Account. KAR shall establish for the benefit of SHINGLE SPRINGS in the Enterprise's name a Depository Account. KAR shall collect all gross revenues and other proceeds connected with or arising from the operation of the Enterprise, the sale of all products, food and beverage, and all other activities of the Enterprise and deposit the related cash daily into the Depository Account at least once during each 24-hour period. All money received by the Enterprise on each day that it is open must be counted at the close of operations for that day or at least once during each 24-hour period. KAR agrees to obtain a bonded transportation service to effect the safe transportation of the daily receipts to SHINGLE SPRINGS, which expenses shall constitute an Operating Expense.
