Collection of Racebook and Keno Tickets Sample Clauses

Collection of Racebook and Keno Tickets. Purchaser shall redeem, as SDIC's agent but without any liability therefor, any racebook and keno tickets (from any series in use as of or prior to the Closing Date) of SDIC relating to the use and operation of the Business which are outstanding as of the Closing Date, which are presented by patrons of the Business or Purchaser for payment within the applicable Nevada statutory time periods for such redemptions. SDIC's racebook and keno tickets, to the extent redeemed by Purchaser during such statutory periods, shall be redeemed as often as weekly by SDIC, upon delivery to SDIC of such SDIC racebook and keno tickets redeemed. SDIC agrees to make arrangements for the additional redemption of its [chips, tokens] and xxxxxx as required by Nevada law.
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