Collection of Issuer Sales Tax Revenues Sample Clauses

Collection of Issuer Sales Tax Revenues. Reporting by the Department. The Department, pursuant to K.S.A. 12-187 et seq., as amended, is required to administer, enforce and collect all Issuer Sales Tax Revenues from taxpayers doing business within the STAR Project Area and to cause such Issuer Sales Tax Revenues to be credited to the appropriate funds established with the State Treasurer in accordance with K.S.A. 12-189, as amended. The State Treasurer shall request that the Department determine and advise the State Treasurer and the Escrow Agent in writing not later than the last Business Day of each calendar month of the total amount of Issuer Sales Tax Revenues collected by the Department during the immediately preceding calendar month. Upon receipt of this information by the State Treasurer, the State Treasurer shall remit the Issuer Sales Tax Revenues with respect to the immediately preceding calendar month to the Escrow Agent pursuant to Section 3.02 hereof. By way of example, no later than November 30 of each year: (a) as required by this Section 2.01, the Department shall determine and advise the State Treasurer and Escrow Agent of the total amount of Issuer Sales Tax Revenues received during the immediately preceding month of October, which Issuer Sales Tax Revenues will be derived primarily from sales and compensating use within the STAR Bond Project Area during the immediately preceding month of September; and (b) as required by Section 3.02, the State Treasurer shall remit such Issuer Sales Tax Revenues received during the immediately preceding month of October to the Escrow Agent.
Sample 1
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Related to Collection of Issuer Sales Tax Revenues

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  • Definitions For purposes of this Agreement:

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  • Governing Law This Agreement shall be governed by and construed in accordance with the laws of the State of New York.

  • Severability Any provision of this Agreement that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.

  • Assignment This Agreement and all rights and obligations hereunder may not be assigned without the written consent of the other party.

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