Common use of Damages on Termination for Failure to Obtain NIGC Approval Clause in Contracts

Damages on Termination for Failure to Obtain NIGC Approval. In the event of termination of this Agreement under Section 12.2 because NIGC Approval has not been obtained on or before August 26, 2007, the Band shall be responsible for damages as provided in Section 14.4 of the Development Agreement but shall not be liable for additional damages under this Agreement.

Damages on Termination for Failure to Obtain NIGC Approval. In the event of termination of this Agreement under Section 12.2 ss.12.2 because NIGC Approval has not been obtained on or before August 26, 2007within five years after execution of the Agreements, the Band shall be responsible for damages as provided in Section ss. 14.4 of the Development Agreement but shall not be liable for additional damages under this Agreement.