Examples of Excluded Jurisdiction in a sentence
In the event that PGIC becomes licensed in an Excluded Jurisdiction, SMI shall pay PGIC the royalties earned and received hereunder to the extent arising after such license becomes effective.
In no event shall the fact that PGIC may not be legally able to share revenues in an Excluded Jurisdiction in any way affect, reduce, modify or amend any of the rights granted to SMI in this Agreement.
In the event a jurisdiction becomes an Excluded Jurisdiction, SMI will meet and confer with PGIC to find, under applicable gaming Laws, a way to share revenue or make payment to PGIC legally.
All revenues from the PGIC Systems or Game Manager received and earned by SMI from legal gaming entities in any Excluded Jurisdiction shall be the sole property of SMI, and PGIC shall have no interest therein unless allowed by law.
Additionally, SMI agrees to pay PGIC any royalties earned and received that would have been paid on Incremental Recurring Revenue collected in an Excluded Jurisdiction prior to PGIC’s becoming licensed in said jurisdiction if said payments are confirmed in writing by the jurisdiction as a legal payment.