Front Money definition

Front Money means all money stored on deposit at the Casino Property cage belonging to, and stored in an account for, any Person.

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Front Money means all money stored on deposit in the Premises belonging to, and stored in an account for, any Person who is not Seller or an Affiliate thereof.

Front Money means a patron deposit that is used in lieu of credit to guarantee payment of a marker issued.

Examples of Front Money in a sentence

• All such Front Money shall be retained in the Property cage and listed in an inventory prepared and signed jointly by Representatives of Buyer and Seller no later than the Transfer Time.

• Effective as of the Transfer Time, Representatives of each of Buyer and Seller shall take inventory of all Front Money and identify what Persons are entitled to what portions of such Front Money.

• All such Front Money shall be retained in the cages of the Property and listed in an inventory prepared and signed jointly by Representatives of Buyer and Seller no later than the Effective Time.

• Such Cage Cash, Seller’s Chips and Front Money count shall be conclusive and binding upon Seller and Buyer, absent manifest error, and shall be used in the preparation of Closing Working Capital and the calculation of Purchase Price that is contained in the Post-Closing Statement (it being understood that the aggregate value of all outstanding Seller’s Chips will constitute a current liability of the Company in connection with the calculation of Closing Working Capital).

• A Representative of Buyer may, subject to applicable Gaming Laws, be present to observe such Cage Cash, Seller’s Chips liability and Front Money count if it so elects.

More Definitions of Front Money

Front Money means a deposit of value made by a patron at the cage.

Front Money means a patron deposit that is used in lieu of credit to guarantee payment of a marker issued or to establish a line of credit for wagering purposes.

Front Money means all money stored on deposit at the cages of the Properties belonging to, and stored in an account for, any Person other than the Companies.

Front Money means the amount of money or funds lodged with a casino operator by a junket organiser or promoter before the commencement of play by the junket player;

Front Money means all money stored on deposit at the Biloxi Property cage belonging to, and stored in an account for, any Person.

Front Money means, as of any date, amounts then on deposit with the Gaming Operations Borrower, that have been delivered by a patron of the gaming operations at the Property for use by such patron in connection with gaming operations.”

Front Money means all money stored on deposit in the Hotel cage belonging to, and stored in an account for, any Person who is not CCI or an Affiliate of CCI.