Related Local Tax Agreement definition

Related Local Tax Agreement means the Use of Proceeds Certificate and Tax Compliance Agreements dated the Closing Date, each among VPSA, a Locality and the Locality's school board, including all exhibits attached thereto, as such agreements may from time to time be modified or supplemented in accordance with the terms thereof.
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Examples of Related Local Tax Agreement in a sentence

  • In the event of a conflict among the provisions of this Proceeds Agreement, the Related Local Tax Agreement and the Information Statement, the provisions of the Related Local Tax Agreement shall control.

  • Each Locality hereby agrees to adhere strictly to the prescribed and recommended procedures described in this Proceeds Agreement, the Information Statement and its Related Local Tax Agreement.

Related to Related Local Tax Agreement

  • Specific local tax means a tax levied under 1974 PA 198, MCL 207.551 to 207.572, the commercial redevelopment act, 1978 PA 255, MCL 207.651 to 207.668, the technology park development act, 1984 PA 385, MCL 207.701 to 207.718, and 1953 PA 189, MCL 211.181 to 211.182. The initial assessed value or current assessed value of property subject to a specific local tax shall be the quotient of the specific local tax paid divided by the ad valorem millage rate. However, after 1993, the state tax commission shall prescribe the method for calculating the initial assessed value and current assessed value of property for which a specific local tax was paid in lieu of a property tax.

  • Local taxes means all taxes levied other than taxes levied for school operating purposes.

  • Master Services Agreement means the master services agreement dated as of the date hereof, among the Service Providers, the Partnership, BBP, the Holding Entities and others;

  • Retail charge agreement means an instrument prescribing the terms of a secured or unsecured retail installment transaction that may be made under the instrument from time to time and under the terms of which a time price differential is to be computed in relation to the buyer's unpaid balance from time to time.

  • 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.