Common use of No Tribal Tax Clause in Contracts

No Tribal Tax. Neither the Project, Project Facilities nor the transaction(s) between the parties contemplated by the Transaction Document are now, or at any time during the term of this Agreement will be, subject to any tribal tax of any sort 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" as set forth in the Management Contract.

Appears in 2 contracts

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

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No Tribal Tax. Neither the Project, the Project Facilities nor the transaction(s) between the parties contemplated by this Agreement, the Note, and the other Transaction Document Documents are now, or at any time during the term of this Agreement will be, subject to any tribal tax of any sort 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" as set forth in the Management Contract.

Appears in 1 contract

Samples: Development Financing and Services Agreement (Lakes Entertainment Inc)

No Tribal Tax. Neither the Project, Project Facilities nor the transaction(s) between the parties contemplated by the Transaction Document are now, or at any time during the term of this Agreement will be, subject to any tribal tax of any sort other than (i) reasonable pass-through taxes on Project Facilities 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" as set forth contained in the Management Consulting Contract.

Appears in 1 contract

Samples: Tribal Agreement (Lakes Entertainment Inc)

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No Tribal Tax. Neither the Project, Project Facilities nor the transaction(s) between the parties contemplated by the Transaction Document are now, or at any time during the term of this Agreement will be, subject to any tribal tax of any sort other than (i) reasonable pass-through taxes on Project Facilities 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" as set forth contained in the Management Consulting Contract.

Appears in 1 contract

Samples: Tribal Agreement (Lakes Entertainment Inc)

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