Examples of Temporary facility in a sentence
Adjusted Gross Receipts generated by the Temporary Facility and the Permanent Facility shall be calculated in the same manner as it is calculated for the State of Illinois’ assessment of the privilege taxes pursuant to Section 13 of the Illinois Gambling Act, as amended (230 ILCS 10/1 et seq.) (or any successor Act thereto) and, if such manner of calculation is modified at any time during the Term, the same shall be deemed to be Adjusted Gross Receipts for purposes of this Ground Lease.
The Parties acknowledge and agree that the following actions occurred before the Effective Date of this Agreement: (i) the Parties entered into the Temporary Construction Easement; (ii) the City adopted the Prior Approvals and approved the Final Project Plan for Phase 0; and (iii) Developer commenced Work on the Temporary Facility pursuant to, and in accordance with, the Prior Approvals, the Final Project Plan for Phase 0, and the provisions of the Temporary Construction Easement.
Notwithstanding Developer’s covenants as set forth in this Section 5.2.c., Developer has the right to alter the operations of the Temporary Facility in accordance with any changes to the Act or the Sports Wagering Act.
The Band, after consultation with Lakes, shall have the sole right to decide whether such a Temporary Facility will be built.
Start-up and pre-opening costs shall be disbursed by the Lender on behalf of the Enterprise (TF) six (6) months prior to the Commencement Date (IF) of the Temporary Facility.