Common use of Indiana Casino Clause in Contracts

Indiana Casino. Manager and Lakes recognize that the Band intends to develop a casino in Indiana, and that the Band shall have no obligations to Manager or Lakes in that regard; except that the Band agrees that, if it decides to engage an outside manager to develop or operate an Indiana casino, it shall discuss contracting with Manager for such development or operation for 45 days before soliciting proposals from third parties as to management or development of that casino. No obligation to enter into an agreement with Manager shall be implied from this undertaking, and the Band shall retain full and absolute discretion in that regard.

Indiana Casino. Manager and Lakes recognize recognizes that the Band intends to develop a casino in Indiana, and that the Band shall have no obligations to Manager or Lakes in that regard; except that the Band agrees that, if it decides to engage an outside manager to develop or operate an Indiana casino, it shall discuss contracting with Manager for such development or operation for 45 days before soliciting proposals from third parties as to management or development of that casino. No obligation to enter into an agreement with Manager shall be implied from this undertaking, and the Band shall retain full and absolute discretion in that regard.