{"component": "definition", "props": {"groups": [{"samples": [{"hash": "3sptnvRaBad", "uri": "http://cams.ocgov.com/Web_Publisher/Agenda07_28_2020_files/images/O01120-000529A.PDF", "label": "cams.ocgov.com", "score": 15.3923149109, "published": false}, {"hash": "gIEsyrLBQmU", "uri": "http://cams.ocgov.com/Web_Publisher_Sam/Agenda01_23_2018_files/images/O00217-001353A.PDF", "label": "cams.ocgov.com", "score": 12.8185443878, "published": false}, {"hash": "gct3k3kRD9t", "uri": "http://cams.ocgov.com/Web_Publisher_sam/Agenda10_31_2023_files/images/O00223-000832A.PDF", "label": "cams.ocgov.com", "score": 11.8761119843, "published": false}], "size": 9, "snippet": "means Gross Taxes minus amounts set aside to pay Administrative Expenses. \u201cNominee\u201d shall mean the nominee of the Depository, which may be the Depository, as", "snippet_links": [{"key": "gross-taxes", "type": "definition", "offset": [6, 17]}, {"key": "set-aside", "type": "clause", "offset": [32, 41]}, {"key": "to-pay", 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"administrative-expense-requirement", "type": "definition", "offset": [46, 80]}], "hash": "a4d8540ce68a4413fe3b61f0d1954313", "id": 2}, {"samples": [{"hash": "79BKx52ygG5", "uri": "/contracts/79BKx52ygG5#net-taxes", "label": "Fiscal Agent Agreement", "score": 25.4065704346, "published": true}, {"hash": "bRSYzGGhwdp", "uri": "/contracts/bRSYzGGhwdp#net-taxes", "label": "Commitment Agreement and Purchase Contract", "score": 23.661190033, "published": true}, {"hash": "ikZY2RB89La", "uri": "/contracts/ikZY2RB89La#net-taxes", "label": "Commitment Agreement and Purchase Contract", "score": 23.6324443817, "published": true}], "size": 5, "snippet": "means Special Taxes less Administrative Expenses.", "snippet_links": [{"key": "special-taxes", "type": "definition", "offset": [6, 19]}, {"key": "administrative-expenses", "type": "definition", "offset": [25, 48]}], "hash": "75162ec5f33c69afd88bbfd3d18d4edb", "id": 3}, {"samples": [{"hash": "9YUSiuyNERd", "uri": "/contracts/9YUSiuyNERd#net-taxes", "label": "Fiscal Agent Agreement", "score": 29.7085819244, "published": true}, {"hash": "bH92m2B53y1", "uri": "https://elkgrove.gov/sites/default/files/city-files/City%20Government/City%20Clerk/city-council-2025/Attachments/04-23-25-10-2.pdf", "label": "elkgrove.gov", "score": 20.1964626312, "published": false}, {"hash": "1PPrVftB577", "uri": "https://elkgrove.gov/sites/default/files/city-files/City%20Government/City%20Clerk/Resolutions/2025/04-23-25-10-2-2025-071.pdf", "label": "elkgrove.gov", "score": 18.021387618, "published": false}], "size": 4, "snippet": "means Gross Taxes minus the Administrative Expenses in an amount not to exceed the Administrative Expenses Cap.", "snippet_links": [{"key": "gross-taxes", "type": "definition", "offset": [6, 17]}, {"key": "amount-not-to-exceed", "type": "clause", "offset": [58, 78]}, {"key": "administrative-expenses-cap", "type": "definition", "offset": [83, 110]}], "hash": "52df020f2599f16ef29a31d9e476dfcc", "id": 4}, {"samples": [{"hash": 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Agreement", "score": 31.3482646942, "published": true}, {"hash": "lNw3kRqsVPY", "uri": "/contracts/lNw3kRqsVPY#net-taxes", "label": "Loan Agreement", "score": 30.4367218018, "published": true}], "size": 2, "snippet": "means Gross Taxes minus amounts set aside to pay Administrative Expenses. \u201cOrdinance\u201d means Ordinance No. 3481 adopted by the legislative body of the District on February 25, 2020, as amended from time to time.", "snippet_links": [{"key": "gross-taxes", "type": "definition", "offset": [6, 17]}, {"key": "set-aside", "type": "clause", "offset": [32, 41]}, {"key": "to-pay", "type": "clause", "offset": [42, 48]}, {"key": "administrative-expenses", "type": "definition", "offset": [49, 72]}, {"key": "ordinance-no", "type": "clause", "offset": [92, 104]}, {"key": "legislative-body", "type": "definition", "offset": [126, 142]}, {"key": "of-the-district", "type": "clause", "offset": [143, 158]}, {"key": "on-february", "type": "clause", "offset": [159, 170]}, {"key": "as-amended", "type": "definition", "offset": [181, 191]}, {"key": "from-time-to-time", "type": "clause", "offset": [192, 209]}], "hash": "8c2d9656b1de98f392ff139db829ccaf", "id": 6}, {"samples": [{"hash": "8bLekm5TbOn", "uri": "http://www.i-dealprospectus.com/PDF/1_72428.pdf", "label": "www.i-dealprospectus.com", "score": 11.3887748718, "published": false}], "size": 2, "snippet": "means Gross Taxes minus amounts set aside to pay AdministratiVe Expenses.", "snippet_links": [{"key": "gross-taxes", "type": "definition", "offset": [6, 17]}, {"key": "set-aside", "type": "clause", "offset": [32, 41]}, {"key": "to-pay", "type": "clause", "offset": [42, 48]}, {"key": "administrative-expenses", "type": "definition", "offset": [49, 72]}], "hash": "87c52206963592d9da559dddc4991040", "id": 7}, {"samples": [{"hash": "iuGLJ4KqJfL", "uri": "http://codes.ohio.gov/oac/5703-25", "label": "codes.ohio.gov", "score": 8.1704311371, "published": false}], "size": 1, "snippet": "means the taxes charged and payable for a tax year. In the case of a school district or a joint vocational school district, the net taxes of a prior year equal the taxes charged and payable for that year after the reductions required under section 319.301 of the Revised Code, including any adjustment required for the district under division (E) of that section and paragraph (E) or (F) of this rule. In the case of a tax levy for which an estimated tax reduction factor is used pursuant to division (H) of section 319.301 of the Revised Code and paragraph (A) of rule 5703-25-48 of the Administrative Code, the net taxes of a prior year excludes the amount of taxes attributable to any portion of the tax reduction factors used in that year to adjust for an overpayment or underpayment of taxes in the second preceding year caused by the use of such estimated factors.", "snippet_links": [{"key": "taxes-charged-and-payable", "type": "definition", "offset": [10, 35]}, {"key": "tax-year", "type": "definition", "offset": [42, 50]}, {"key": "in-the-case", "type": "clause", "offset": [52, 63]}, {"key": "a-school", "type": "clause", "offset": [67, 75]}, {"key": "joint-vocational-school-district", "type": "definition", "offset": [90, 122]}, {"key": "the-net", "type": "clause", "offset": [124, 131]}, {"key": "prior-year", "type": "definition", "offset": [143, 153]}, {"key": "revised-code", "type": "definition", "offset": [263, 275]}, {"key": "for-the-district", "type": "clause", "offset": [311, 327]}, {"key": "this-rule", "type": "definition", "offset": [391, 400]}, {"key": "tax-levy", "type": "definition", "offset": [419, 427]}, {"key": "reduction-factor", "type": "definition", "offset": [455, 471]}, {"key": "pursuant-to-division", "type": "clause", "offset": [480, 500]}, {"key": "administrative-code", "type": "definition", "offset": [588, 607]}, {"key": "overpayment-or-underpayment", "type": "clause", "offset": [760, 787]}, {"key": "preceding-year", "type": "definition", "offset": [811, 825]}, {"key": "caused-by", "type": "clause", "offset": [826, 835]}], "hash": "672313532803063a9a081e5a1b99bdd4", "id": 8}, {"samples": [{"hash": "l7ajo7ND7Ut", "uri": "https://www.elkgrovecity.org/sites/default/files/city-files/cityclerk/citycouncil/2015/attachments/06-24-15_11.2.pdf", "label": "Related Agreement", "score": 11.7310066223, "published": false}], "size": 1, "snippet": "means Gross Taxes minus the Administrative Expenses Cap.", "snippet_links": [{"key": "gross-taxes", "type": "definition", "offset": [6, 17]}, {"key": "administrative-expenses-cap", "type": "definition", "offset": [28, 55]}], "hash": "4b8714ec0e0e20ae5edeb3278458e440", "id": 9}, {"samples": [{"hash": "22AVDfEN2OR", "uri": "/contracts/22AVDfEN2OR#net-taxes", "label": "Share Purchase Agreement (Com21 Inc)", "score": 18.0, "published": true}], "size": 1, "snippet": "shall consist of the taxes actually paid by such Seller in connection with the receipt of the Purchaser Shares hereunder, as adjusted for any tax benefits which are reasonably probable of being realized by such Seller as a result of such personal liability. Notwithstanding anything set forth herein to the contrary, the Founders' Escrow Shares shall be used solely to compensate the Indemnified Parties, or any of them, for any claims by such Indemnified Parties for any Blenda Losses suffered or incurred by them, and not for any \u2587\u2587\u2587\u2587\u2587 Losses, and be deemed not to constitute a part of the Escrow Fund for any other purpose. Nothing herein shall limit the liability of the Company for any breach or inaccuracy of any representation, warranty or covenant contained in this Agreement if the Share Purchase does not close. Purchaser may not receive any compensation for any Loss unless and until one or more Officer's Certificates (as defined below) identifying Losses in excess of $750,000 in the aggregate (the \"Basket Amount\") has or have been delivered to the Escrow Agent as provided in Section 8.3(d) hereof, in which case Purchaser shall be entitled to recover all Losses so identified. Notwithstanding the foregoing, Purchaser shall be entitled to receive payments out of the Escrow Fund for, and the Basket Amount shall not apply as a threshold to any and all claims or payments made with respect to breaches of the representations and warranties of the Company and the Sellers contained in Sections 2.2, 2.21 and 3.2 or with respect to any Blenda Losses.", "snippet_links": [{"key": "consist-of", "type": "clause", "offset": [6, 16]}, {"key": "actually-paid", "type": "definition", "offset": [27, 40]}, {"key": "in-connection-with", "type": "clause", "offset": [56, 74]}, {"key": "purchaser-shares", "type": "definition", "offset": [94, 110]}, {"key": "as-adjusted", "type": "definition", "offset": [122, 133]}, {"key": "tax-benefits", "type": "definition", "offset": [142, 154]}, {"key": "personal-liability", "type": "definition", "offset": [238, 256]}, {"key": "the-founders", "type": "clause", "offset": [317, 329]}, {"key": "escrow-shares", "type": "definition", "offset": [331, 344]}, {"key": "to-compensate", "type": "clause", "offset": [366, 379]}, {"key": "indemnified-parties", "type": "clause", "offset": [384, 403]}, {"key": "the-escrow-fund", "type": "clause", "offset": [588, 603]}, {"key": "liability-of-the-company", "type": "clause", "offset": [658, 682]}, {"key": "in-this-agreement", "type": "clause", "offset": [766, 783]}, {"key": "the-share-purchase", "type": "clause", "offset": [787, 805]}, {"key": "compensation-for", "type": "clause", "offset": [852, 868]}, {"key": "any-loss", "type": "definition", "offset": [869, 877]}, {"key": "in-the-aggregate", "type": "definition", "offset": [990, 1006]}, {"key": "basket-amount", "type": "definition", "offset": [1013, 1026]}, {"key": "the-escrow-agent", "type": "definition", "offset": [1059, 1075]}, {"key": "notwithstanding-the-foregoing", "type": "clause", "offset": [1193, 1222]}, {"key": "payments-out", "type": "clause", "offset": [1263, 1275]}, {"key": "the-basket", "type": "clause", "offset": [1304, 1314]}, {"key": "all-claims", "type": "definition", "offset": [1364, 1374]}, {"key": "payments-made", "type": "clause", "offset": [1378, 1391]}, {"key": "with-respect-to", "type": "clause", "offset": [1392, 1407]}, {"key": "representations-and-warranties-of-the-company-and-the-sellers", "type": "clause", "offset": [1424, 1485]}], "hash": "e85edf6d216e9d96fbcd136aabb95613", "id": 10}], "next_curs": "ClYSUGoVc35sYXdpbnNpZGVyY29udHJhY3RzcjILEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiISbmV0LXRheGVzIzAwMDAwMDBhDKIBAmVuGAAgAA==", "definition": {"title": "Net Taxes", "size": 38, "snippet": "means Gross Taxes minus amounts set aside to pay Administrative Expenses. \u201cNominee\u201d shall mean the nominee of the Depository, which may be the Depository, as", "id": "net-taxes", "examples": ["The Bonds shall be substantially in the form described in, shall be issued and secured under the provisions of, and shall be payable from the <strong>Net Taxes</strong> as provided in the Indenture, the Preliminary Official Statement (as hereinafter defined), and the \u2587\u2587\u2587\u2587\u2587-\u2587\u2587\u2587\u2587 Community Facilities Act of 1982, as amended (Section 53311 et seq.", "Transfer to the City an amount equal to five (5%) percent of the <strong>Net Taxes</strong>.", "Transfer to the Southwest Licking Community Water and Sewer District an amount equal to twenty (20%) of the <strong>Net Taxes</strong>.", "Transfer to the Township an amount equal to seventy (70%) percent of the <strong>Net Taxes</strong>.", "In furtherance of the foregoing, the District shall not approve any reduction of the Assigned Special Taxes, as provided in the RMA which would prohibit the District from levying the Special Taxes in any Fiscal Year at a level that would generate <strong>Net Taxes</strong> at least equal to 110% of the annual debt service in that Fiscal Year for the Bonds and any Additional Bonds expected to be issued.", "Transfer to the JEDD Board an amount equal to five (5%) percent of the <strong>Net Taxes</strong>.", "Nothing herein shall prevent the District from issuing or incurring indebtedness which is payable from a pledge of <strong>Net Taxes</strong> which is subordinate in all respects to the pledge of <strong>Net Taxes</strong> to repay the 2021 Bonds and the Parity Bonds.", "Nothing in this Article VIII or in any other provision of this Agreement, or in the Loan or the Parity Loans, shall affect or impair the obligation of the District, which is absolute and unconditional, to pay the interest on and principal of the Loan and Parity Loans in accordance with the terms of this Agreement and any Supplemental Agreement, as applicable, out of the <strong>Net Taxes</strong> and other moneys herein pledged for such payment.", "The District further covenants that it will instruct the City Treasurer to transfer <strong>Net Taxes</strong> held in Special Tax Fund A to the Authority Trustee for deposit to the Repayment Fund to satisfy the provisions of Section 3.4 above and such <strong>Net Taxes</strong> shall be disbursed, allocated and applied solely to the uses and purposes set forth herein and in accordance with the Authority Indenture, and shall be accounted for separately and apart from all other money, funds, accounts or other resources of the District.", "Except for the <strong>Net Taxes</strong>, no other taxes are pledged to the payment of the Loan and Parity Loans."], "related": [["asset-taxes", "Asset Taxes", "Asset Taxes"], ["net-tax-benefit", "Net Tax Benefit", "Net Tax Benefit"], ["income-taxes", "Income Taxes", "Income Taxes"], ["net-taxable-income", "Net Taxable Income", "Net Taxable Income"], ["cash-taxes", "Cash Taxes", "Cash Taxes"]], "related_snippets": [], "updated": "2025-07-10T05:58:13+00:00"}, "json": true, "cursor": ""}}