Casino Account definition

Casino Account means, if and when Gaming Borrower becomes the Gaming Operator in accordance with the terms of the Mortgage Loan Agreement, individually or collectively, one or more accounts established and maintained from time to time by Gaming Borrower and reasonably approved by Mortgage Lender; provided, however, that any such Casino Account shall be established and maintained pursuant to, and in accordance with, all applicable Gaming Laws and shall be subject to a security interest in favor of Mortgage Lender pursuant to the Mortgage Loan Documents.
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Casino Account shall have the meaning assigned to such term in the Mortgage Loan Agreement or such comparable account as shall be established under this Agreement in accordance with Section 12.3 hereof.
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Casino Account means an Eligible Account established with Xxxxx Fargo Bank, National Association, entitled “LVHR Casino, LLC Operating Account” or any successor Casino Account established in accordance with the provisions of Section 12.3.1 hereof, which such Casino Account shall be established and maintained pursuant to, and in accordance with, all applicable Gaming Laws and shall be subject to a security interest in favor of Lender pursuant to the Loan Documents (as evidenced by the Casino Account Control Agreement).”
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Examples of Casino Account in a sentence

  • It is the responsibility of the Committee to facilitate the distribution of appropriations from the Indian Gaming Distribution Fund by selecting those grants from each Individual Tribal Account or County Tribal Casino Account that will be applied toward the support of local government agencies within the County impacted by tribal gaming.

  • Each Individual Tribal Casino Account shall be funded in proportion to the amount that each individual tribe paid in the prior fiscal year to the Indian Gaming Special Distribution Fund.

  • The Committee agreed that a review of what has been spent from the Casino Account be included on a future Finance Committee agenda.

  • Gaming Borrower may, upon fifteen (15) days prior written notice to Lender, replace the Casino Account with another Eligible Account, provided that no Event of Default has occurred and is then continuing and, as a condition precedent thereto, Gaming Borrower shall deliver to Lender a fully executed replacement Casino Account Control Agreement in form and substance acceptable to Lender in its reasonable discretion.

  • Gaming Operations Borrower may, upon fifteen (15) days prior written notice to Lender, replace the Casino Account with another Eligible Account, provided that no Event of Default has occurred and is then continuing and, as a condition precedent thereto, Gaming Operations Borrower shall deliver to Lender a fully executed replacement Casino Account Control Agreement in form and substance acceptable to Lender in its reasonable discretion.

  • Sports court cheque cleared, allocated previously - Casino Account Balance: approx.

  • Existing law requires the Controller to divide the County Tribal Casino Account for each county that has gaming devices that are subject to an obligation to make contributions to the Indian Gaming Special Distribution Fund into a separate account, known as an Individual Tribal Casino Account, for each tribe that operates a casino within the county.

  • Eileen reported that $1764.was returned from the Casino Account due to Alberta Gaming and Liquor Commission (AGLC) rulings on unapproved expenses.She reported that the MHIP bank balance as of July 31, 2018 stands at $129,637.11.

  • Non-Nexus Grants(d) Twenty percent of each Individual Tribal Casino Account shall be available for discretionary grants to local jurisdictions impacted by tribes that are paying into the Indian Gaming SpecialDistribution Fund.

  • Existing law, until January 1, 2021, creates a County Tribal Casino Account in the treasury of each county that contains a tribal casino, which is funded according to specified formulas.

Related to Casino Account

  • Revenue Account means the Revenue Account established pursuant to the General Resolution. “Revenues” means the Pledged Receipts and Recoveries of Principal.

  • Subsidy Account If the Trust Estate contains any Subsidy Loans, the deposit account or accounts created and maintained by the Servicer for deposit of Subsidy Funds and amounts payable under interest subsidy agreements relating to mortgage loans other than the Mortgage Loans.

  • Surplus Account has the meaning assigned to it in Section 3.02(a).

  • Business Account means an Account used primarily for business purposes and not for personal, family, or household purposes.

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • Holding Account means an account:

  • Operating Accounts shall have the meaning ascribed to it in Section 4.03.A.

  • Investment Account As defined in Section 3.12(a).

  • Reserve Accounts means the Tax and Insurance Reserve Account, the Leasing Reserve Account or any other escrow account established by the Loan Documents.

  • FT Account Pool #: Mortgagor's Name, Address and Zip Code: Mortgage Loan Number: Reason for Requesting Documents (check one)

  • Project Account means the account referred to in Section 3.03 of this Agreement;

  • Construction Account means the account by that name established in the FGR Subordinated Indebtedness Fund pursuant to the Second Resolution.

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

  • Expense Account The account established and maintained pursuant to Section 3.25.

  • Collections Account has the meaning given to such term in Section 3.01(a) hereof.

  • FF&E Reserve Account shall have the meaning set forth in Section 7.3 hereof.

  • Intercompany Account means any receivable, payable or loan between any member of the Ensign Group, on the one hand, and any member of the Pennant Group, on the other hand, that exists prior to the Effective Time and is reflected in the records of the relevant members of the Ensign Group and the Pennant Group, except for any such receivable, payable or loan that arises pursuant to this Agreement or any Ancillary Agreement.

  • Reserve Account means the account designated as such, established and maintained pursuant to Section 5.07.

  • JetBrains Account or “JBA” means an account at xxxxx://xxxxxxx.xxxxxxxxx.xxx created by Customer, having a unique name and password, and through which Customer has access to Products in accordance with a Toolbox Subscription.

  • Direct Account : means any Account which is not an ISA Account.

  • Sub-Account means any of the individual sub-accounts of a Participant's Separate Account that is maintained as provided in Article VIII.

  • Tax Account shall have the meaning set forth in Section 8.6 hereof.

  • Investment Accounts means the Collateral Account, Securities Accounts, Commodities Accounts and Deposit Accounts.

  • Project Accounts means the Revenue Account, the Operating Account, the Maintenance Capital Expense Account, the Debt Service Reserve Account, the Insurance and Condemnation Proceeds Accounts and the Extraordinary Proceeds Account, including any sub-account within such accounts.

  • Special Account means the account referred to in Section 2.02 (b) of this Agreement;

  • Cash Reserve Account means an Eligible Deposit Account established in the name of the Trust and designated as the Cash Reserve Account for the purposes hereof, the balance of which shall be subject to the control of the Trust for the benefit of the Trust and the Seller and applied in accordance with the terms hereof, which account shall bear interest and shall initially be account number [*], maintained at [*];