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Document Preview Agreement |
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Title: |
Agreement |
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Entities: |
Dynasty Gaming Inc ; Las Vegas From Home.com Entertainment Inc. |
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Date: |
2006 |
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Size: |
20KB total |
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Price: |
$35 |
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ID: |
#2516751 |
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Start of Preview |
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| 1. |
DEFINITIONS |
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1.1 |
this / the Agreement |
shall mean this written document together with all written appendices, annexures, exhibits or amendments attached to it from time to time by written agreement between the parties; |
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1.2 |
Commencement Date |
shall mean the date on which the duly authorized representatives of the Parties affixes their signatures to the Agreement; |
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1.3 |
Confidential Information |
shall mean the personal information of the Introduced Players, including personal information and play history; |
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1.4 |
Currency |
shall mean (not limited to) United States Dollars or EUROs; |
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1.5 |
"Rake" |
shall mean the share, in the Currency, of the winnings paid in each game that is collected by MSL as a fee for its service; |
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1.6 |
"MSL" |
shall mean a company with registered address Mahjong Systems Limited, Britannic House, Providenciales, Turks and Caicos Islands, B.W.I herein represented by its duly authorized representative, Mr. Ian Sherrington; |
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1.7 |
"Introduced Players" |
shall mean players of the Mahjong Games, introduced by Action Poker as recorded by the mahjong system; |
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1.8 |
"Mahjong Games" |
shall mean the multi player Mahjong game and any other games that MSL may make available from time to time; |
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1.9 |
Parties |
shall mean Action Poker and MSL; |
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1.10 |
Partners |
shall mean all gaming systems that provide players and integrate with MSL in a manner similar to that contemplated in this agreement |
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1.11 |
Float |
shall mean the funds held as Deposit by MSL and adjusted in the monthly settlement; |
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1.12 |
Float Amount |
The amount of Float that is |
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agreed between MSL and Action Poker, as adjusted from time to time, and held by MSL to cover possible losses by Players; | ||
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1.13 |
Action Poker |
shall mean Action Poker Gaming Inc., a company duly incorporated under the laws of Antigua, having its address for service under this Agreement at No. 6 Temple Street, P.O. Box2372, St.Johns Antigua; |
| 1.14 | Any reference to the singular includes the plural and vice versa; | |
| 1.15 | Any reference to natural persons includes legal persons and vice versa; | |
| 1.16 | Any reference to a gender includes other genders; | |
| 1.17 | The clause headings in this agreement have been inserted for convenience only and shall not be taken into account in its interpretation. | |
| 2.1 |
The Agreement shall commence on the Commencement Date. |
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2.2 |
The Agreement will continue in force for a period of two years calculated from the Commencement Date and thereafter be renewed for further periods of three (3) years subject to either of the Parties right to terminate the Agreement, after the expiry of the initial two-(2)- year term, by giving one (1) months written notice. |
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