Hotel Taxes definition
Hotel Taxes means federal, state and municipal excise, occupancy, sales and use taxes collected by or on behalf of Owner or any other Loan Party directly from patrons or guests of the 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.
Hotel Taxes means all sales and occupancy taxes collected by Borrower that are required to be paid to a state or local taxing authority or similar taxing authority (including, without limitation, sales taxes, use taxes, occupancy taxes, business license taxes and special assessments by any municipality or government).
Hotel Taxes means federal, state and municipal excise, occupancy, sales and use taxes collected by or on behalf of Hotel Fee Borrower, Operating Lessee Borrower or Hotel Manager or any other party directly from customers, patrons or guests of the Hotel 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.
Examples of Hotel Taxes in a sentence
After prior written notice to Lender, Borrower, at its own expense, may (or may cause Mortgage Borrower to) contest in accordance with the Contest Procedures the amount or validity or application in whole or in part of any Lien, Property Taxes, Hotel Taxes or Other Charges.
After prior written notice to Lender, Borrower, at its own expense, may contest in accordance with the Contest Procedures the amount or validity or application in whole or in part of any Lien, Property Taxes, Hotel Taxes or Other Charges.
More Definitions of Hotel Taxes
Hotel Taxes. All stays, including discounted and complimentary nights, are subject to Belize accommodation taxes, currently nine percent (9%) of room rate. For complimentary nights, taxes will be computed based on a per night portion of the membership fee (Membership fee paid divided by the number of complimentary room nights included in the membership.) All taxes will be collected at check-out.
Hotel Taxes means the customs duty and taxes provided in section 3(1)(a) to (d); “land tax” means the tax payable under the Land Valuation and Tax Act 1967; “Minister” means the Minister responsible for tourism;