Territory Stories

Gaming Control Act Australian Lottery Company Agreement pursuant to section 46C dated 29 January 2008

Details:

Title

Gaming Control Act Australian Lottery Company Agreement pursuant to section 46C dated 29 January 2008

Other title

Tabled paper 1218

Collection

Tabled papers for 10th Assembly 2005 - 2008; Tabled papers; ParliamentNT

Date

2008-02-12

Description

Deemed

Notes

Made available by the Legislative Assembly of the Northern Territory under Standing Order 240. Where copyright subsists with a third party it remains with the original owner and permission may be required to reuse the material.

Language

English

Subject

Tabled papers

File type

application/pdf

Use

Copyright

Copyright owner

See publication

License

https://www.legislation.gov.au/Series/C1968A00063

Parent handle

https://hdl.handle.net/10070/283834

Citation address

https://hdl.handle.net/10070/410487

Page content

(i) posted or delivered to the address of the party in this Agreement; or (ii) sent by facsimile transmission to a facsimile number notified in writing by one party to the other; and be deemed to be received: (iii) if sent by prepaid post, two (2) working days after its posting; (iv) if delivered by hand, on the date of delivery; or (v) If sent by facsimile and a complete and correct transmission report for that transmission is obtained by the sender, upon transmission, if transmission takes place on a business day before 4.00 pm in the place to which the notice is transmitted and in any other case on the business day next following the date of transmission. (b) Either party may change its address or facsimile number for service by notice in writing to the other party. DIRECTORS GUARANTEE AND INDEMNITY (a) In consideration of the Territory entering into this Agreement with and granting the Licence to the Company the Directors hereby: (i) warrant that at the Commencement Date they are the directors of the Company; (ii) guarantee the due compliance, performance and observance by the Company of all the terms and conditions of this Agreement and the Licence and without limit to the generality of the foregoing the due and punctual payment to the Territory of all monies payable by the Company under this Agreement; and (iii) indemnify the Territory against all losses, damages, costs and expenses suffered by the Territory or by any patrons or customers of the Company caused by or as a result of or in connection with or in relation to any failure by the Company to comply with perform and observe all the terms and conditions of this Agreement. (b) The Directors shall not be released from their obligations under this Clause by the granting of any time or indulgency to the Company or by any other thing whatsoever which under the law relating to sureties would but for this provision have the effect of releasing the Directors. (c) The Directors declare that the Territory shall be at liberty to act as though the Directors were the principal debtor and the Directors waive all and any of their rights as surety which might at any time be inconsistent with their obligations under this Clause.


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