NET OPERATING PROFIT. The Net Operating Profit generated by the Seller at the VIP Club located at the Casino is arrived at by the calculation of deducting the Chips Commission Paid to Promoters and Management Fee Paid from the Income received being Net Revenue from Gaming Operations from the Casino pursuant to the VIP Junket Promotion Agreement, dated May 17, 2011 (“VIP Junket Promotion Agreement”) between Cxxxx Lxxx Xxx and Casino calculated in accordance with the format annexed as Exhibit 2.
Appears in 1 contract
Samples: Profit Interest Agreement (Macau Resources Group LTD)
NET OPERATING PROFIT. The Net Operating Profit generated by the Seller at the VIP Club located at the Casino is arrived at by the calculation of deducting the Chips Commission Paid to Promoters and Management Fee Paid from the Income received being Net Revenue from Gaming Operations from the Casino pursuant to the VIP Junket Gaming Promotion AgreementAgreement dated September 4, dated May 17, 2011 (“VIP Junket Promotion Agreement”) 2009 between Cxxxx Lxxx Xxx the Seller and the Casino calculated in accordance with the format annexed as Exhibit 2.
Appears in 1 contract
Samples: Profit Interest Agreement (Asia Entertainment & Resources Ltd.)
NET OPERATING PROFIT. The Net Operating Profit generated by the Seller at the VIP Club located at the Casino is arrived at by the calculation of deducting the Chips Commission Paid to Promoters and Management Fee Paid from the Income received being Net Revenue from Gaming Operations from the Casino pursuant to the VIP Junket Promotion Agreement, dated May 17January 18, 2011 2008 (“VIP Junket Promotion Agreement”) between Cxxxx Lxxx Xxx Doowell Limited and Casino Xxxxxxxx Investments Asia, Ltd. calculated in accordance with the format annexed as Exhibit 2.
Appears in 1 contract
Samples: Profit Interest Agreement (Asia Entertainment & Resources Ltd.)
NET OPERATING PROFIT. The Net Operating Profit generated by the Seller at the VIP Club located at the Casino is arrived at by the calculation of deducting the Chips Commission Paid to Promoters and Management Fee Paid from the Income received being Net Revenue from Gaming Operations from the Casino pursuant to the VIP Junket Gaming Promotion Agreement, dated May 17as of November 14, 2011 2009 (the “VIP Junket Gaming Promotion Agreement”) between Cxxxx Lxxx Xxx Unicorn Incorporation and Casino Champion Lion Limited, calculated in accordance with the format annexed as Exhibit 2.
Appears in 1 contract
Samples: Profit Interest Agreement (Asia Entertainment & Resources Ltd.)
NET OPERATING PROFIT. The Net Operating Profit generated by the Seller at the VIP Club located at the Casino is arrived at by the calculation of deducting the Chips Commission Paid to Promoters and Management Fee Paid from the Income received being Net Revenue from Gaming Operations from the Casino pursuant to the VIP Junket Promotion AgreementGaming Promoter Agreement dated November 9, dated May 17, 2011 2009 (the “VIP Junket Promotion Gaming Promoter Agreement”) between Cxxxx Lxxx Xxx MGM Grand Paradise S.A. and Casino Sociedad Promocao de Jogos Iao Pou Limitada calculated in accordance with the format annexed as Exhibit 2.
Appears in 1 contract
Samples: Profit Interest Agreement (Asia Entertainment & Resources Ltd.)
NET OPERATING PROFIT. The Net Operating Profit generated by the Seller at the VIP Club located at the Casino is arrived at by the calculation of deducting the Chips Commission Paid to Promoters and Management Fee Paid from the Income received being Net Revenue from Gaming Operations from the Casino pursuant to the VIP Junket Promotion Agreement, dated May 17, 2011 2011, between Cxxxx Lxxx Xxx and Casino, as such agreement may be amended, replaced or superceded from time to time (the “VIP Junket Promotion Agreement”) between Cxxxx Lxxx Xxx and Casino calculated in accordance with the format annexed as Exhibit 2.
Appears in 1 contract
Samples: Profit Interest Agreement (Macau Resources Group LTD)