Common use of Involuntary Termination Due to Changes in Legal Requirements Clause in Contracts

Involuntary Termination Due to Changes in Legal Requirements. It is the understanding and the intention of the parties that the development, construction and operation of the Enterprise shall conform to and comply with all Legal Requirements. If during the term of this Agreement, the Enterprise or any material aspect of the Gaming contemplated by the parties pursuant to this Agreement is determined by the Congress of the United States, the United States Department of the Interior, the NIGC or the final judgment of a court of competent jurisdiction to be unlawful, the obligations of the parties hereto shall cease, and this Agreement shall be of no further force and effect; provided that:

Appears in 2 contracts

Samples: Development Agreement (Full House Resorts Inc), Development Agreement (Full House Resorts Inc)

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Involuntary Termination Due to Changes in Legal Requirements. It is the understanding and the intention of the parties that the development, construction establishment and operation of the Enterprise shall conform to and comply with all Legal Requirements. If during the term of this Agreement, the Enterprise or of any material aspect of the Gaming contemplated by the parties pursuant to this Agreement is determined by the Congress of the United States, the United States Department of the InteriorInterior of the United States of America, the NIGC NIGC, or the final judgment of a court of competent jurisdiction to be unlawfulunlawful under federal law, the obligations of the parties hereto shall cease, and this Agreement shall be of no further force and effect; , provided that:

Appears in 1 contract

Samples: Management Agreement (Lakes Gaming Inc)

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Involuntary Termination Due to Changes in Legal Requirements. It is the understanding and the intention of the parties Parties that the development, construction establishment and operation of the Enterprise Businesses shall conform to and comply with all Legal Requirements. If during the term of this Agreement, the Enterprise Businesses or any material aspect of the Gaming contemplated by the parties pursuant to this Agreement Operations is determined by the Congress of the United States, the United States Department of the Interior, the NIGC or the final judgment of a court of competent jurisdiction to be unlawfulunlawful under federal or state law, then, provided that the Manager does not elect for this Agreement to continue in accordance with Section 4.4, the obligations of the parties hereto shall cease, and this Agreement shall be of no further force and effect; provided that:

Appears in 1 contract

Samples: Management Agreement (Inn of the Mountain Gods Resorts & Casino)

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