Gaming Taxes definition
Examples of Gaming Taxes in a sentence
Operator will prepare and file all tax returns and reports relating to the payment of all Macau Gaming Taxes.
As payment for the MSC Services, and in consideration of MSC’s other obligations hereunder and rights provided to Operator hereunder, MSC shall receive, monthly, a fee (the “MSC Consideration”) equal to Total Gaming Receipts for the prior month less the sum of (1) an amount equal to Macau Gaming Taxes with respect to the Total Gaming Revenues for the prior month and (2) Operator Consideration for that month.
On or before the 20th day of each month, Manager shall prepare an unaudited operating statement for the preceding calendar month detailing the Gross Revenues, Net Revenues, Gaming Taxes and expenses incurred in the Casino's operation (the "Monthly Financial Statements").
The Borrower will deliver to the Administrative Agent, promptly upon request, evidence of payment in full in a timely manner of such Taxes and Gaming Taxes (subject to the exceptions in clauses (a) and (b) in the foregoing sentence).
First, an amount equal to all Macau Gaming Taxes payable with respect to the Total Gaming Revenues for that day (as required by applicable Law and regulations) shall be deposited in the Tax Account.