Property Status of Gaming Devices and Incidental Equipment; Taxes Sample Clauses

Property Status of Gaming Devices and Incidental Equipment; Taxes. (a) The Gaming Devices and Incidental Equipment are and shall remain OPERATOR’s personal property and shall not become fixtures or appurtenances to real property. OPERATOR agrees to pay any sales, use, excise, privilege or personal property taxes (or other taxes) or fees levied against the Gaming Devices and its Incidental Equipment. (b) OPERATOR agrees to notify all appropriate taxing authorities of its mailing address for the purpose of receiving tax bills, notices and correspondence pertaining hereto. OPERATOR shall not use the address of any Store or any address of LICENSOR for this purpose unless required to do so by law. (c) OPERATOR shall not be responsible for any portion of the real property taxes or assessments levied upon the real estate on which each Store is located or any taxes that may be levied upon the business activities of LICENSOR. (d) OPERATOR may file financing statements, fixture filings, notices of non-responsibility, or other similar documents as it deems appropriate in order to protect its interest in its cash that is maintained on the Licensed Premises, the Gaming Devices, and the Incidental Equipment against claims by creditors of LICENSOR.
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Property Status of Gaming Devices and Incidental Equipment; Taxes. (a) The Gaming Devices and Incidental Equipment are and shall remain OPERATOR’s personal property and shall not become fixtures or appurtenances to real property. OPERATOR agrees to pay any sales, use, excise, privilege or personal property taxes (or other taxes) or fees levied against the Gaming Devices and its Incidental Equipment. (b) OPERATOR shall not be responsible for any portion of the real property taxes or assessments levied upon the real estate on which each Store is located or any taxes that may be levied upon the business activities of LICENSOR. (c) OPERATOR may file financing statements, fixture filings, notices of non-responsibility, or other similar documents as it deems appropriate in order to protect its interest in its cash that is maintained on the Licensed Premises, the Gaming Devices, and the Incidental Equipment against claims by creditors of LICENSOR.
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Related to Property Status of Gaming Devices and Incidental Equipment; Taxes

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