Common use of No Tax Clause in Contracts

No Tax. It shall not and shall not permit Iowa Corp or any of its other governmental instrumentalities or subsidiaries to impose any tax, fee or assessment on any of Lakes Consulting, its respective Affiliates, any Contractor, any Gaming Project and its Project Facilities, and/or any of the Transaction Documents other than the fees and assessments described in clause (c) of the definition of "Costs of Operations" contained in the Consulting Contract.

No Tax. It shall not and shall not permit Iowa Corp or any of its their other governmental instrumentalities or subsidiaries to impose any tax, fee or assessment on any of Lakes ConsultingManagement, its respective Affiliates, any Contractor, any Gaming Project and its Project Facilities, and/or any of the Transaction Documents other than (i) reasonable pass-through taxes on Project patrons which are consistent with gaming resort industry practices, and (ii) the fees and assessments described in clause (c) of the definition of "Costs of Operations" contained as set forth in the Consulting Management Contract.

No Tax. It shall not and shall not permit Iowa Corp or any of its their other governmental instrumentalities or subsidiaries to impose any tax, fee or assessment on any of Lakes ConsultingManagement, its respective Affiliates, any Contractor, any Gaming Project and its Project Facilities, and/or any of the Transaction Documents other than the fees and assessments described in clause (c) of the definition of "Costs of Operations" contained as set forth in the Consulting Management Contract.