Sales Tax Bonds definition

Sales Tax Bonds means temporary or permanent sales tax bonds that are secured by a pledge of either or both the County 2010-2 Sales Tax and/or the City 3-21 Sales Tax.
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Sales Tax Bonds means the bonds issued by Osceola County pursuant to Section 3.04 of the Restated Development Agreement to provide funds for design and construction of the R&D Center, or any obligations issued to refund such bonds.
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Sales Tax Bonds means Osceola County's Sales Tax Revenue Bonds, Series 2015A.
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Examples of Sales Tax Bonds in a sentence

  • If, on the redemption date, moneys for the redemption of all the Sales Tax Bonds of any like Series and maturity to be redeemed, together with interest to the redemption date, shall be held by the Trustee so as to be available therefor on said date and if notice of redemption shall have been given as aforesaid then, from and after the redemption date interest on the Sales Tax Bonds of such Series and maturity so called for redemption shall cease to accrue and become payable.

  • Amounts held at any time by the Authority in any of the Funds and Accounts established pursuant to this Section shall be held in trust separate and apart from all other funds of the Authority for the benefit of the Owners of Sales Tax Bonds, but shall nevertheless be disbursed, allocated and applied solely for the uses and purposes provided herein.

  • No recourse shall be had for the payment of the principal of or interest on the Sales Tax Bonds or for any claim based thereon or on this Trust Agreement against any member or officer of the Authority or any person executing the Sales Tax Bonds.

  • Notwithstanding any other provision of this Trust Agreement, the provisions of the following Sections of this Trust Agreement shall survive such cessations, termination, voidance, discharge and satisfaction: Articles III and IV; and Sections 511, 701, 702, 709 and 713 (in the case of each of the foregoing Sections, such survival shall continue only until such Sales Tax Bonds are in fact paid), and Section 705.

  • After their authorization by a Supplemental Trust Agreement, Sales Tax Bonds of a Series may be executed in the name of the Authority by the manual or facsimile signature of the Chairman of the Authority and its corporate seal (or a facsimile thereof) shall be thereunto affixed, imprinted, engraved or otherwise reproduced, and attested by the manual or facsimile signature of its Treasurer-Controller, or in such other manner as may be permitted by law and by resolution of the Authority.

  • The amounts held by any Fiduciary for the payment of the interest, principal or Redemption Price due on any date with respect to particular Sales Tax Bonds shall, on and after such date and pending such payment, be set aside on its books and held in trust by it for the Owners of the Sales Tax Bonds entitled thereto.

  • During such period the Trustee hereunder shall then act exclusively on behalf of the registered owners of Senior Sales Tax Bonds Outstanding; provided, however, the Trustee shall continue to bear its fiduciary obligation to all Bondholders as provided herein with respect to any Funds or Accounts or any other amounts held in trust hereunder.

  • Sales Tax Bonds owned or held by or for the account of the Authority shall not be deemed Outstanding for the purpose of consent or other action or any calculation of Outstanding Sales Tax Bonds provided for in this Article IX or Article X, and the Authority shall not be entitled with respect to such Sales Tax Bonds to give any consent or take any other action provided for in this Article IX.

  • Notwithstanding the source of funding, if the Authority has received a written confirmation from each Rating Agency that its published, unenhanced rating of Outstanding Sales Tax Bonds will not be adversely affected, the Authority may, in its sole discretion, designate any revenues which are not Pledged Revenues as Dedicated Payments.

  • The Sales Tax Bonds shall be special obligations of the Authority payable solely from the items pledged to the payment thereof pursuant to Section 501.


More Definitions of Sales Tax Bonds

Sales Tax Bonds means the bonds issued by the City and supported by the State of Florida sales tax rebate, the proceeds of which are included in the Project Development Fund for use towards Project Costs, if applicable.
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Sales Tax Bonds means the Sales Tax Revenue Bonds, Series 2015A, issued by Osceola County to provide funds for design, construction and equipping of the Center for NeoVation, or any obligations issued by Osceola County to refund such bonds. “Semiconductor Line Operation Agreement” means the Semiconductor Line Operation Agreement between SkyWater and BRIDG related to BRIDG contracts with the U.S. Department of Defense, in the form attached hereto as Appendix I.
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Sales Tax Bonds means "Additional Bonds" secured by the Sales Tax Revenue and issued pursuant to the Bond Resolution on a parity with Osceola County's outstanding Sales Tax Revenue Bonds, Series 2009 and Sales Tax Revenue Refunding Bonds, Series 20102015A.
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Related to Sales Tax Bonds

  • Sales Tax means all applicable provincial and federal sales, use, value-added or goods and services taxes, including GST/HST;

  • Sales Taxes means any sales, use, consumption, goods and services, value added or similar tax, duty or charge imposed pursuant to Applicable Law.

  • Sales Tax Revenues means taxes collected under the Virginia Retail Sales and Use Tax Act

  • Additional Bonds means the debt instruments issued under a Tap Issue, including any Temporary Bonds.

  • Municipal Bonds means "Municipal Bonds" as defined in the Corporation's Registration Statement on Form N-2 (File No. 333-_____) relating to the AMPS on file with the Securities and Exchange Commission, as such Registration Statement may be amended from time to time, as well as short-term municipal obligations, High Yield Municipal Bonds and Inverse Floaters.

  • Transition bonds means bonds, notes, certificates of

  • Gross receipts tax means any gross receipts, sales, use, excise, value added or any similar tax.

  • School Bonds means School Obligations issued as Bonds.

  • Taxable Bonds means Bonds of a Series which are not Tax Exempt Bonds.

  • Refunding Bonds means Bonds issued pursuant to provisions of this Master Indenture, the proceeds of which are used to refund one or more Series of Outstanding Bonds.

  • Initial Bonds means the Bonds issued on the First Issue Date.

  • Property tax increment means the amount obtained by:

  • Production Tax Credit or “PTC” means the tax credit for electricity produced from certain renewable generation resources described in Section 45 of the Internal Revenue Code of 1986, as it may be amended or supplemented from time to time.

  • Initial Payment means the dollar amount specified as the “Initial Payment” in the applicable Purchase Agreement.

  • Term Bonds means Bonds that mature on one date and that are subject to mandatory redemption from Amortization Installments or are subject to extraordinary mandatory or mandatory redemption upon receipt of unscheduled Pledged Revenues.

  • Stocks and bonds means stocks, bonds, mutual funds, and all other types of securities and financial instruments, whether held directly, indirectly, or in any other manner. The term does not include commodity futures contracts and call or put options on stocks or stock indexes.

  • MUNICIPAL TAXABLE INCOME means the following:

  • Series 2019 Bonds means, collectively, the Series 2019A Bonds and the Series 2019B Bonds.

  • Bonds means any bonds (including refunding bonds), notes, interim certificates, certificates of indebtedness, debentures or other obligations.

  • United States Tax Compliance Certificate has the meaning specified in Section 3.01.

  • Income Tax Expense means for Borrower and its Subsidiaries, on a consolidated basis for any period, all state and federal franchise or income taxes paid or due to be paid during such period.

  • value added tax means value added tax charged in accordance with the Value Added Tax Act 1994.

  • Incremental property taxes means the taxes as provided in Iowa Code sections 403.19 and 260E.4. “Industry” means a business engaged in interstate or intrastate commerce for the purpose of manufacturing, processing, or assembling products, conducting research and development, or providing services in interstate commerce, but excludes retail, health, or professional services. An industry is a business engaged in activities described as eligible in the Act rather than the generic definition encompassing all businesses in the state doing the same activities. An industry is considered to be a single, corporate entity or operating subdivision. An industry which closes or substantially reduces its operation in one area of the state of Iowa and relocates substantially the same operation in another area of the state is not eligible for a project. This definition does not prohibit a business from expanding its operations in another area of the state provided that existing operations of a similar nature are not

  • Tax-Exempt Bonds means Bonds of a Series the interest on which, in the opinion of Bond Counsel on the date of original issuance thereof, is excludable from gross income for federal income tax purposes.

  • Federal Tax Certificate means the Issuer's Federal Tax Certificate dated as of the Issue Date, as the same may be amended or supplemented in accordance with the provisions thereof.

  • Volumetric Production Payments means production payment obligations recorded as deferred revenue in accordance with GAAP, together with all undertakings and obligations in connection therewith.