Common use of Tribal Taxes Clause in Contracts

Tribal Taxes. The Tribe agrees that neither it nor any agent, agency, affiliate or representative of the Tribe will impose any taxes, fees, assessments, or other charges of any nature whatsoever on payments of any debt service to Manager or to any lender furnishing financing for the Property, the Gaming Facility or for the Enterprise, or on the Enterprise, the Gaming Facility, Furniture and Equipment, the revenues therefrom or on the Management Fee; provided, however, the Tribe may impose license fees reflecting reasonable out-of-pocket regulatory costs paid by the Tribe. The Tribe further agrees that neither it nor any agent, agency, affiliate or representative will impose any taxes, fees, assessments or other charges of any nature whatsoever on the salaries or benefits, or dividends paid to, any of the Manager’s stockholders, officers, directors, or employees. The Parties agree, however, that the Enterprise may be subject to a general Tribal tax on businesses operating on Tribal lands. If, contrary to this Section 8.2, any taxes, fees or assessments are levied by the Tribe on Manager, Manager’s stockholders, officers, directors, or its employees, such taxes, fees and assessments shall be paid solely from the Tribe’s Share of Net Revenues.

Appears in 1 contract

Samples: Management Agreement (Full House Resorts Inc)

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Tribal Taxes. The Tribe agrees that neither it nor any agent, agency, affiliate or representative of the Tribe will impose any taxes, fees, assessments, or other charges of any nature whatsoever on payments of any debt service to Manager or to any lender furnishing financing for the Property, the Gaming Facility or for the Enterprise, or on the Enterprise, the Gaming Facility, Furniture and Equipment, the revenues therefrom or on the Management Fee; provided, however, the Tribe may impose license fees reflecting reasonable out-of-pocket regulatory costs paid by the Tribe. The Tribe further agrees that neither it nor any agent, agency, affiliate or representative will impose any taxes, fees, assessments or other charges of any nature whatsoever on the salaries or benefits, or dividends paid to, any of the Manager’s stockholders, officers, directors, or employees. The Parties agree, however, that the Enterprise may be subject to a general Tribal tax on businesses operating on Tribal lands. If, contrary to this Section 8.2, any taxes, fees or assessments are levied by the Tribe on Manager, Manager’s stockholders, officers, directors, or its employees, such taxes, fees and assessments shall be paid solely from the Authority’s and Tribe’s Share of Net Revenues.

Appears in 1 contract

Samples: Management Agreement (Full House Resorts Inc)

Tribal Taxes. The Tribe agrees that neither it nor any agent, agency, affiliate or representative of the Tribe will impose any taxes, fees, assessments, or other charges of any nature whatsoever on payments of any debt service to Manager or to any lender furnishing financing for the Property, the Gaming Facility or for the Enterprise, or on the Enterprise, the Gaming Facility, Furniture and Equipment, the revenues therefrom or on the Management Fee; provided, however, the Tribe may impose license fees reflecting reasonable out-of-pocket regulatory costs paid by the Tribe. The Tribe further agrees that neither it nor any agent, agency, affiliate or representative will impose any taxes, fees, assessments or other charges of any nature whatsoever on the salaries or benefits, or dividends paid to, any of the Manager’s 's stockholders, officers, directors, or employees. The Parties agree, howeverany of the employees of the Enterprise, that or any provider of goods, materials, or services to the Enterprise may be subject to a general Tribal tax on businesses operating on Tribal landsEnterprise. If, contrary to this Section 8.2, any taxes, fees or assessments are levied by the Tribe on Manager, Manager’s stockholders, officers, directors, or its employeesTribe, such taxes, fees and assessments shall be paid solely from the Tribe’s Share 's share of Net RevenuesRevenues and from Tribal Assets.

Appears in 1 contract

Samples: Management Agreement (Full House Resorts Inc)

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Tribal Taxes. The Tribe agrees that neither it nor any agent, agency, affiliate or representative of the Tribe will impose any taxes, fees, assessments, or other charges of any nature whatsoever on payments of any debt service to Manager or any of its Affiliates or to any lender furnishing financing for the Property, the Gaming Facility or for the Enterprise, or on the Enterprise, the Gaming Facility, Furniture and Equipment, the revenues therefrom or on the Management FeeFee as described in Section 5.1 of this Agreement; provided, however, the Tribe may impose assess license fees reflecting reasonable out-of-pocket regulatory costs paid incurred by the Tribe. The Tribal Gaming Agency to the extent not paid as Operating Expenses; the Tribe further agrees that neither it nor any agent, agency, affiliate or representative will impose any taxes, fees, assessments or other charges of any nature whatsoever on the salaries or benefits, or dividends paid to, any of the Manager’s 's stockholders, officers, directors, or employees, any of the employees of the Enterprise; or any provider of goods, materials, or services to the Facility, other than with respect to any such provider of goods, materials, or services to the Facility, license fees reflecting reasonable regulatory costs incurred by the Tribal Gaming Authority. The Parties agree, however, that the Enterprise may be subject to a general Tribal tax on businesses operating on Tribal lands. If, contrary to Nothing in this Section 8.2, any taxes, fees or assessments are levied by 7.2 shall be construed to prohibit the Tribe on Manager, Manager’s stockholders, officers, directors, or its employees, from taxing the sale of goods at the Facility in amounts equivalent to any state taxes that would otherwise be applicable but for the Tribe's status as an Indian tribe; provided that no such taxes, fees and assessments tax shall be paid solely from the Tribe’s Share of Net Revenuesapplied to any goods supplied as Promotional Allowances.

Appears in 1 contract

Samples: Gaming Facility Management Agreement (Trump Indiana Inc)

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