CID Sales Tax Fund. During the existence of the District all CID Sales Taxes generated within the District shall be deposited into a CID Sales Tax Fund, which shall be established and administered by the City in compliance with the laws of the State of Kansas and this Agreement and shall be held solely for the payment of the CID Costs and shall not be otherwise expended or commingled with other funds.

CID Sales Tax Fund. During the Term, all CID Sales Tax proceeds generated within the District and received by the City from DOR shall be deposited into the CID Sales Tax Fund, which shall be established and administered by the City in compliance with the laws of the State and this Agreement.

CID Sales Tax Fund. During the existence of the District all CID Sales Taxes generated within the Downtown Xxxxxxx Community Improvement District shall be deposited into a CID Sales Tax Fund, which shall be established and administered by the County in compliance with the laws of the State of Kansas and this Agreement. CID sales taxes shall be held solely for the payment of the CID Costs of this project and other projects approved by the County for funding by means of the CID sales tax, and shall not be otherwise expended or comingled with other funds.

CID Sales Tax Fund. During the existence of the Quivira 95 Shops CID and prior to issuance of CID Bonds, if any, all CID Sales Taxes generated within the Quivira 95 Shops CID shall be deposited into the CID Sales Tax Fund, which shall be established and administered by the City in compliance with the laws of the State and this Agreement.

CID Sales Tax Fund. Pursuant to the Act, the City shall establish the CID Sales Tax Fund as a segregated fund within the treasury of the City, which shall be held and administered by the City in trust for the benefit of the District in accordance with this Agreement. Revenues collected from the CID Sales Tax received by the City from the Department of Revenue shall be deposited in the CID Sales Tax Fund and shall not be commingled with any other funds of the City.

CID Sales Tax Fund. 19 Section 6.03. Pay-as-you-go Financing of the CID Costs. 19 Section 6.04. Certification of CID Expenditures. 20 Section 6.05. Reimbursement. 20 Section 6.06. Payment of CID Administrative Fees. 20 Section 6.07. Sales Tax Information. 21 Section 6.08. Termination of the CID Sales Tax District. 21 Section 6.09. Modification of the CID Sales Tax District. 21 Section 6.10. Public Disclosure. 21 Section 6.11. Financing Costs Reimbursement. 21

Related to CID Sales Tax Fund

Sales Taxes The Seller shall bear and pay, and shall reimburse the Purchaser and the Purchaser's affiliates for, any sales taxes, use taxes, transfer taxes or similar taxes that may become payable in connection with the sale of the Assets to the Purchaser or in connection with any of the other Transactions.
SALES TAX Each Participating Entity is responsible for supplying the Supplier with valid tax- exemption certification(s). When ordering, a Participating Entity must indicate if it is a tax- exempt entity.
Gross Income Allocation If any Partner has a deficit Capital Account at the end of any Fiscal Year which is in excess of the sum of (i) the amount such Partner is obligated to restore, if any, pursuant to any provision of this Agreement, and (ii) the amount such Partner is deemed to be obligated to restore pursuant to the penultimate sentences of Treasury Regulations Section 1.704-2(g)(1) and 1.704-2(i)(5), each such Partner shall be specially allocated items of Partnership income and gain in the amount of such excess as quickly as possible; provided that an allocation pursuant to this Section 5.05(c) shall be made only if and to the extent that a Partner would have a deficit Capital Account in excess of such sum after all other allocations provided for in this Article V have been tentatively made as if Section 5.05(b) and this Section 5.05(c) were not in this Agreement.

CID Sales Tax Fund Sample Clauses