Lottery Business definition

Lottery Business means the provision of products or services of every nature relating to the operation of all manner of lotteries however and wherever conducted, but does not include traditional gaming activities not of the type and nature customarily operated by governments.

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Lottery Business means the business and operations conducted by Lottery from time to time, whether prior to, at or after the Effective Time.

Lottery Business means any business involving the provision of any goods and/or services (including the provision of any equipment, hardware, software, technology and/or related services) to a customer in support of the sale of any lottery product (including the sale of online and off-line lottery tickets and instant tickets) and/or the operation and/or sales of any such lottery product, but excluding any Video Lottery Business.

Examples of Lottery Business in a sentence

As used herein, the "Lottery Business" shall mean the provision of products or services of every nature relating to the operation of all manner of lotteries however and wherever conducted, but does not include traditional gaming activities not of the type and nature customarily operated by governments.
The Company and the Company Subsidiaries have taken all commercially reasonable actions consistent with standards in the Video Lottery Business in order to minimize any losses incurred by the Games as a result of Fraud (“Fraud Losses”).
The Company and the Company Subsidiaries have taken commercially reasonable steps to provide for the backup and recovery of the data and information critical to the conduct of the Video Lottery Business (including such data and information that is stored on magnetic or optical media in the ordinary course) without material disruption to, or material interruption in, the conduct of the Video Lottery Business.
Neither the Company nor any Company Subsidiary has experienced within the past twelve months any material disruption to, or material interruption in, its conduct of the Video Lottery Business attributable to a defect, bug, breakdown or other failure or deficiency on the part of the Company IT Systems.
The material Company IT Systems are in good working condition to perform all information technology operations reasonably necessary for the conduct of the Video Lottery Business effectively.
As used herein, the term "Lottery Business" shall mean the provision of products, services or technology of every nature relating to the operation of all manner of lotteries however and wherever conducted.
No sales or use taxes are required to be collected in connection with the operation of the Lottery Business or by Rugby or Press-Loto.
Rugby shall, the Rugby Shareholder shall cause Rugby to, and Rugby and the Rugby Shareholder shall cause Press-Loto to, conduct the Lottery Business only in the ordinary and usual course (and not engage in any business other than the Lottery Business) and shall make no change in any of its business practices and policies without the prior written consent of Compu-DAWN.
The Rugby Shareholder, directly or indirectly, does not own or have any property or rights, tangible or intangible, used in or related, directly or indirectly, to the Lottery Business, Rugby or Press-Loto.
There are no Actions relating to Rugby or Press-Loto or any of their respective assets or business or the Lottery, the Lottery License or the Lottery Business pending or, to the knowledge of each of Rugby and the Rugby Shareholder, threatened, or any order, injunction, award or decree outstanding, against Rugby or Press-Loto or against or relating to any of their respective assets or business or the Lottery or the Lottery License; and there exists no basis for any such Action.

More Definitions of Lottery Business

Lottery Business means the business and activities of the Corporation and its Affiliates.

Lottery Business means the creation, production, distribution or other exploitation of television programs, games (including game shows) and non-televised

Lottery Business shall have the meaning ascribed to it in the Recitals hereof.

Lottery Business means the provision of products or services of every nature relating to the operation of all manner of lotteries however and wherever conducted. For the duration of the non-competition provision following the Term, Company shall pay Chairman the total amount of Three Hundred Thousand Dollars ($300,000), prorated not less frequently than monthly.