Common use of No Material Negative Obligations Clause in Contracts

No Material Negative Obligations. There are no outstanding obligations owing by any of Iowa Corp or the Iowa Tribe or affecting the Gaming Facility Site or the Project, whether arising from contracts, instruments, orders, judgments, decrees or otherwise, that are likely to materially and adversely affect the Project or the obligations or rights of Lakes Management under any of the Transaction Documents to which it is a party.

Appears in 2 contracts

Samples: Tribal Agreement (Lakes Entertainment Inc), Tribal Agreement (Lakes Entertainment Inc)

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No Material Negative Obligations. There are no outstanding obligations owing by any of Iowa Corp or the Iowa Tribe or affecting either the Gaming Facility Site or the ProjectProject Facilities, whether arising from contracts, instruments, orders, judgments, decrees or otherwise, that are likely to materially and adversely affect the Project or the Lake's obligations or rights of Lakes Management under this Agreement, any of the Transaction Documents to which it is a partyIowa Corp Note and related security documents and instruments described herein.

Appears in 1 contract

Samples: Gaming Development Consulting Agreement (Lakes Entertainment Inc)

No Material Negative Obligations. There are no outstanding obligations owing by any of Iowa Corp or the Iowa Tribe or affecting the Gaming Facility Site or affecting the ProjectProject or the Project Facilities, whether arising from contracts, instruments, orders, judgments, decrees or otherwise, that are likely to materially and adversely affect the Project or the obligations or rights of Lakes Management Consulting under any of the Transaction Documents to which it is a party.

Appears in 1 contract

Samples: Tribal Agreement (Lakes Entertainment Inc)

No Material Negative Obligations. There are no outstanding obligations owing by any of Iowa Corp or the Iowa Tribe or affecting the site of the Gaming Facility Site or affecting any of the ProjectProject Facilities, whether arising from contracts, instruments, orders, judgments, decrees or otherwise, that are likely to materially and adversely affect the Project Facilities or the obligations or rights of Lakes Management Consulting under any of the Transaction Documents to which it is a party.

Appears in 1 contract

Samples: Tribal Agreement (Lakes Entertainment Inc)

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No Material Negative Obligations. There are no outstanding obligations owing by any of Iowa Corp or the Iowa Tribe or affecting either the site of the Gaming Facility Site or the ProjectProject Facilities, whether arising from contracts, instruments, orders, judgments, decrees or otherwise, that are likely to materially and adversely affect the Project Facilities or the Lake's obligations or rights of Lakes Management under this Agreement, any of the Transaction Documents to which it is a partyIowa Corp Note and related security documents and instruments described herein.

Appears in 1 contract

Samples: Gaming Operations Consulting Agreement (Lakes Entertainment Inc)

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