TDD Sales Tax Fund Sample Clauses

TDD Sales Tax Fund. During the Term, all TDD Sales Tax proceeds generated within the District and received by the City from the DOR shall be deposited into the TDD Sales Tax Fund, which shall be established and administered by the City in compliance with the laws of the State and this Agreement.
AutoNDA by SimpleDocs
TDD Sales Tax Fund. During the Term of this Agreement, all TDD Sales Taxes generated within the Highlands Village TDD shall be deposited into the "TDD Sales Tax Fund," which shall be established and administered by the City in compliance with the laws of the State and this Agreement.
TDD Sales Tax Fund. During the existence of the Mission Farms West TDD and prior to issuance of TDD Bonds, if any, all TDD Sales Taxes generated within the Mission Farms West TDD shall be deposited into the TDD Sales Tax Fund, which shall be established and administered by the City in compliance with the laws of the State and this Agreement.
TDD Sales Tax Fund. During the existence of the Oak Park Mall TDD and prior to issuance of TDD Bonds, if any, all TDD Sales Taxes generated within the Oak Park Mall TDD shall be deposited into a TDD 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.
TDD Sales Tax Fund. During the existence of the Deer Creek TDD and prior to issuance of TDD Bonds, if any, all TDD Sales Taxes generated within the Deer Creek TDD shall be deposited into a TDD 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.
TDD Sales Tax Fund 

Related to TDD Sales Tax Fund

  • 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.

  • Sales Taxes (a) During the Sale Term, all sales, excise, gross receipts and other taxes attributable to sales of Merchandise, as indicated on Merchant’s point of sale equipment (other than taxes on income) payable to any taxing authority having jurisdiction (collectively, “Sales Taxes”) shall be added to the sales price of Merchandise and collected by Agent, on Merchant’s behalf, at the time of sale. All Sales Taxes shall be deposited into a segregated account designated by Merchant and Agent solely for the deposit of such Sales Taxes (the “Sales Taxes Account”). Merchant shall prepare and file all applicable reports and documents required by the applicable taxing authorities, and Merchant shall promptly pay all Sales Taxes from the Sales Taxes Account. Merchant will be given access to the computation of gross receipts for verification of all such tax collections. Provided that Agent performs its responsibilities in accordance with this Section 8.3, Merchant shall indemnify and hold harmless Agent from and against any and all costs, including, but not limited to, reasonable attorneys’ fees, assessments, fines or penalties which Agent sustains or incurs as a result or consequence of the failure by Merchant to promptly pay such taxes to the proper taxing authorities and/or the failure by Merchant to promptly file with such taxing authorities all reports and other documents required, by applicable law, to be filed with or delivered to such taxing authorities. If Agent fails to perform its responsibilities in accordance with this Section 8.3, and provided Merchant complies with its obligations hereunder, Agent shall indemnify and hold harmless Merchant from and against any and all costs, including, but not limited to, reasonable attorneys’ fees, assessments, fines or penalties which Merchant sustains or incurs as a result or consequence of the failure by Agent to collect Sales Taxes and/or the failure by Agent to promptly deliver any and all reports and other documents required to enable Merchant to file any requisite returns with such taxing authorities.

  • Income Tax Gross Up A. In the event that interconnection customer does not establish to EDC’s satisfaction within 15 days of the execution of this Agreement (the “Specified Date”) that the Paid Amounts are or will be non-taxable, interconnection customer shall increase the amount of the Security Deposit to include any amounts described under this Section 1.4 regarding income tax gross-up.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!