Hotel Taxes definition

Hotel Taxes means federal, provincial, state and municipal excise, occupancy sales and use taxes collected by or on behalf of the Borrower or any of the Restricted Subsidiaries 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.
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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.
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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;
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Examples of Hotel Taxes in a sentence

  • The City shall also reimburse for any City/County Hotel Taxes over and above the Federal guideline.

  • If the amounts on deposit in the applicable Hotel Taxes Reserve Account in any given calendar month exceed the amount set forth on the Hotel Taxes Certificate for such month, such excess amounts shall be re-deposited promptly into the Cash Management Account on the next Payment Date and applied in accordance with Section 2.6.1(f) hereof.

  • Within forty-five (45) days following the end of each calendar quarter, Borrower shall provide an Officer’s Certificate setting forth the actual amount of Hotel Taxes due and the actual amount paid with respect to the Properties for the calendar quarter immediately preceding the date of such certificate.

  • If at any time the amounts on deposit in the applicable Hotel Taxes Reserve Account for any calendar month are not sufficient to pay the Hotel Taxes and Canadian HST Taxes, as applicable, due for any calendar month as set forth in the applicable Hotel Taxes Certificate (a “Hotel Taxes Shortfall”), Borrower and Property Owner shall increase the Monthly Hotel Taxes Deposit due and payable on the next Payment Date by an amount equal to the Hotel Taxes Shortfall for the immediately preceding calendar month.

  • Within forty-five (45) days following the end of each calendar quarter, Borrower or Leasehold Pledgor shall provide an Officer’s Certificate setting forth the actual amount of Hotel Taxes due and the actual amount paid with respect to the Properties for the calendar quarter immediately preceding the date of such certificate.

  • Within forty-five (45) days following the end of each calendar quarter, Borrower or Operating Lessee shall provide an Officer’s Certificate setting forth the actual amount of Hotel Taxes due and the actual amount paid with respect to the Properties for the calendar quarter immediately preceding the date of such certificate.

  • Ben Trefny, Airbnb to Start Charging Hotel Taxes in a Handful of Cities, NPR (April 18, 2014), at http://www.npr.org/blogs/alltechconsidered/2014/04/18/304564169/airbnb-to-start- charging-hotel-taxes-in-a-handful-of-cities; Kate Rogers, San Francisco moves closer to legalizing Airbnb, CNBC (Oct.

  • If the amounts on deposit in the applicable Hotel Taxes Custodial Funds Reserve Account in any given calendar month exceed the amount set forth on the Hotel Taxes and Custodial Funds Certificate for such month, such excess amounts shall be re-deposited promptly into the Cash Management Account on the next Payment Date and applied in accordance with the Cash Management Agreement.

  • If the amounts on deposit in the applicable Hotel Taxes Custodial Funds Reserve Account in any given calendar month exceed the amount of Hotel Taxes and Custodial Funds due for such month, such excess amounts shall be re-deposited promptly into the Cash Management Account and applied in accordance with the Cash Management Agreement.

  • If at any time the amounts on deposit in the applicable Hotel Taxes and Custodial Funds Reserve Account for any calendar month are not sufficient to pay the Hotel Taxes and Custodial Funds due for any calendar month (a “Hotel Taxes Shortfall”), Borrower shall increase the Monthly Hotel Taxes and Custodial Funds Deposit due and payable on the next Payment Date by an amount equal to the Hotel Taxes Shortfall for the immediately preceding calendar month.


More Definitions of Hotel Taxes

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;
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Related to Hotel Taxes

  • Connection Income Taxes means Other Connection Taxes that are imposed on or measured by net income (however denominated) or that are franchise Taxes or branch profits Taxes.

  • Other Connection Taxes means, with respect to any Recipient, Taxes imposed as a result of a present or former connection between such Recipient and the jurisdiction imposing such Tax (other than connections arising from such Recipient having executed, delivered, become a party to, performed its obligations under, received payments under, received or perfected a security interest under, engaged in any other transaction pursuant to or enforced any Loan Document, or sold or assigned an interest in any Loan or Loan Document).

  • Transfer Taxes has the meaning set forth in Section 6.05.

  • Property Taxes means all real property Taxes, personal property Taxes and similar ad valorem Taxes.

  • Tax or Taxes means all federal, state, provincial, local, territorial and foreign income, profits, franchise, license, capital, capital gains, transfer, ad valorem, wage, severance, occupation, import, custom, gross receipts, payroll, sales, employment, use, property, real estate, excise, value added, goods and services, estimated, stamp, alternative or add-on minimum, environmental, withholding and any other taxes, duties, assessments or governmental tax charges of any kind whatsoever, together with all interest, penalties and additions imposed with respect to such amounts.