Hotel Tax definition

Hotel Tax federal, provincial, state and municipal excise, occupancy sales and use taxes collected by or on behalf of Borrower or any Subsidiary of Borrower directly from patrons or guests of the ESA Properties as part of or based on the sales price of any goods, services or other items, such as gross receipts, room, admission, cabaret or equivalent taxes and required to be paid to a Governmental Authority.
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Hotel Tax or "tax" means the tax levied in Resolution 1988-1 of the Authority dated August 30, 1988 and as described in Section 2 of these regulations.
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Hotel Tax means the tax imposed by the City on the Hotel pursuant to the City of Xxxxxx Municipal Code, Chapter 3.12.
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Examples of Hotel Tax in a sentence

  • DBA shall adhere to the Approved Budget (Exhibit "A"), as may be amended by the City Council, (the "Approved Amended Budget") for all operations of DBA funded by Hotel Tax Revenues.

  • The City may withhold allocations if the City determines that DBA's expenditures of Hotel Tax Revenue deviate materially from the approved budget, or if reports required under this Agreement are not submitted in a complete and timely manner.

  • Approval of the Festival Budget creates a fiduciary duty with respect to the Hotel Tax Revenue and DBA may only use it in the manner and for the purposes, specified in the Approved Amended Budget, Texas Tax Code § 351.101(a), and this Agreement.

  • The ONE HUNDRED TEN THOUSAND DOLLARS ($110,000.00) of Hotel Tax Revenues allocated to Texas Reds shall be paid to DBA in accordance with Section 7.3.5 below.

  • DBA shall maintain a complete and accurate financial record of each expenditure of the Hotel Tax Revenue made by DBA.

  • Advertising and promotional materials purchased with Hotel Tax Revenues must be targeted to reach audiences outside of Brazos County.

  • Management Fees shall be paid from the Hotel Tax from the adjacent Hotel and from no other source.

  • All funds received by DBA from the City's Hotel Tax Revenues must be spent in compliance with the requirements of Chapter 351 of the Texas Tax Code, the DBA's approved amended budget, and for the purposes authorized under this Agreement.

  • In consideration of the payment by City to DBA of the Hotel Tax Revenue described herein, DBA agrees to manage or supervise the use of such revenue for the Festival pursuant to Texas Tax Code §35l.10l(c).

  • Expenditures of Hotel Tax Revenue shall be classified as restricted funds for audited financial purposes.


More Definitions of Hotel Tax

Hotel Tax means the 2% hotel occupancy tax levied and imposed in Ordinance No. 04- 117 passed by the City Council on December 20, 2004, as amended on August 22, 2017 pursuant to Subchapter H of the Act.
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Hotel Tax means the hotel tax imposed in the Village pursuant to Article 20 of Chapter 8 of the Village Code. As of the Effective Date of this Rebate Agreement, the Hotel Tax is seven percent of the gross room sale (rental) revenues.
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Related to Hotel Tax

  • Special Tax means the special tax to be levied in each Fiscal Year on each Assessor’s Parcel of Taxable Property to fund the Special Tax Requirement.

  • municipal tax means property rates or other taxes, levies or duties that a municipality may impose;

  • Transfer Tax means any transfer, recording, registration and other fees and any similar taxes that become payable in connection with the Transactions (together with any related interest, penalties or additions to such taxes).

  • Transaction Payroll Taxes means the employer portion of any payroll Taxes arising from the payment of Merger Consideration and any other compensatory amounts paid in connection with the transactions contemplated by this Agreement.

  • council tax benefit means council tax benefit under Part 7 of the SSCBA; “couple” has the meaning given by paragraph 4;

  • MUNICIPAL TAXABLE INCOME means the following: