ELEMENTS OF GAMING SYSTEM Sample Clauses

ELEMENTS OF GAMING SYSTEM. The Gaming System includes all procedures and systems, including computer hardware and software, telephone systems and equipment, accounting, recordkeeping, customer service, and all other proprietary procedures and systems as now or may in the future be used by United to conduct its race and sports book business. The term "Gaming System" shall be interpreted liberally, in order to effectuate the purposes of this Agreement, as including all systems and procedures, and tangible or intangible assets used as constituent features thereof, used in United's race and sports book operations and production of revenues; provided that it shall not include United's furniture, furnishings, fixtures, real property or leaseholds, customer lists or accounts, goodwill, cash reserves or accounts, governmental licenses or certificates of authority to engage in the race and sports book betting business, or any activities or arrangements unauthorized by governmental licenses or certificates of authority or otherwise in violation of applicable laws.
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Related to ELEMENTS OF GAMING SYSTEM

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