Common use of Lakes' Authority and Responsibility Clause in Contracts

Lakes' Authority and Responsibility. (a) Lakes, through the Project's general manager, shall conduct and direct all business and affairs in connection with the day-to-day operation, management and maintenance of the Project and the Project Facilities, including the establishment of operating days and hours. It is the parties' intention that the Project Facilities be open 24 hours daily, seven days a week. Lakes is hereby granted the necessary power and authority to act, through the Project's general manager, in order to fulfill all of its responsibilities under this Management Agreement. Nothing herein grants or is intended to grant Lakes a titled interest to the Project Facilities or to the Project. Lakes hereby accepts such retention and engagement. Pawnee shall have the sole proprietary interest in and ultimate responsibility for the conduct of all Class II and/or Class III Gaming conducted by the Project, subject to the rights and responsibilities of Lakes under this Management Agreement.

Lakes' Authority and Responsibility. (a) Lakes, through the Project's general manager, shall conduct and direct all business and affairs in connection with the day-to-day operation, management and maintenance of the Project and the Project Facilities, including the establishment of operating days and hours. It is the parties' intention that the Project Facilities be open 24 hours daily, seven days a week. Lakes is hereby granted the necessary power and authority to act, through the Project's general manager, in order to fulfill all of its responsibilities under this Management Agreement. Nothing herein grants or is intended to grant Lakes a titled interest to the Project Facilities or to the Project. Lakes hereby accepts such retention and engagement. Pawnee Iowa Corp shall have the sole proprietary interest in and ultimate responsibility for the conduct of all Class II and/or Class III Gaming conducted by the Project, subject to the rights and responsibilities of Lakes under this Management Agreement.