State Sales Tax Revenues definition

State Sales Tax Revenues or “Sales Tax Revenues” means the moneys transferred to the
State Sales Tax Revenues mean receipts of the State received through the last day of August, 2041, and credited to the City Bond Finance Fund by the State Treasurer in accordance with K.S.A. 79-3620(d), as amended, from the taxes imposed by K.S.A. 79-3603, as amended, and K.S.A. 79-3703, as amended, with respect to sales and compensating use within the STAR Bond Project Area. State Sales Tax Revenues may include tax revenues sourced to other locations within the State under applicable destination-based sourcing rules of the State.
State Sales Tax Revenues means gross receipts of the State from the taxes imposed by K.S.A. 79- 3603, as amended, and K.S.A. 79-3703, as amended, with respect to retail sales within the District (currently six and five-tenths percent (6.50%)), to the extent such amounts are on deposit with the State Treasurer on or before May 31, 2033 and available for transfer to the City Bond Finance Fund. State Sales Tax Revenues shall be based on tax revenues received by the State from sales occurring within the District, which may include tax revenues sourced to other locations within the State under applicable destination-based sourcing rules of the State.

Examples of State Sales Tax Revenues in a sentence

  • The summons shall state that respondent need not file an answer until directed by the court of appeals to do so.

  • Developer may not assign its right to reimbursement from State Sales Tax Revenues or TIF Bonds without prior approval by the Governing Body, which shall not be unreasonably withheld, conditioned, or delayed.

  • The Escrow Agent also may request that the Issuer request the Department to provide, and the Department shall provide if requested, information with respect to State Sales Tax Revenues collected by any retailer that does business within the STAR Bond Project Area pursuant to the provisions of K.S.A. 12-17,174.

  • The Parties contemplate that crediting of Construction Sales Tax Revenues into the Arena Fund will commence after the commencement of payment of sales tax on materials related to construction of the Arena Improvements and that crediting of State Sales Tax Revenues and Local Sales Tax Revenues into the Arena Fund will commence after the commencement of payment of sales tax on Arena Operations.

  • In addition, the Escrow Fund has been established in the custody of the Trustee pursuant to the Tax Distribution Agreement, for the receipt and distribution of Issuer Sales Tax Revenues and State Sales Tax Revenues.

  • For each month other than May and November, the Escrow Agent shall provide a monthly report to the Issuer not later than the last day of each month stating the amount of the Issuer Sales Tax Revenues remitted to the Escrow Agent by the State Treasurer during the immediately preceding month and deposited to the Escrow Fund pursuant to Section 3.02 and regarding the State Sales Tax Revenues on deposit in the City Bond Finance Fund pursuant to Section 2.03.

  • Collectively, the Direct Arena Tax Revenues, the Hotel Tax Revenues, the Construction Sales Tax Revenues, the State Sales Tax Revenues, and the Local Sales Tax Revenues shall be the “Arena Fund Revenues”.

  • S.A. 79-3607 and 79- 3706, each retailer that does business within the Redevelopment Project Area is required to submit to the Department, at the times specified in such statutes, (i) State Sales Tax Revenues collected by such taxpayer and (ii) returns detailing the collection of such State Sales Tax Revenues.

  • Pursuant to K.S.A. 79-3607 and 79-3706, each retailer that does business within the STAR Bond Project Area is required to submit to the Department, at the times specified in such statutes, (i) State Sales Tax Revenues collected by such taxpayer and (ii) returns detailing the collection of such State Sales Tax Revenues.

  • To the extent that moneys on deposit in the applicable account of the Debt Service Reserve Fund are obtained from State Sales Tax Revenues such funds shall be used to pay the final Debt Service Requirements on the applicable series of STAR Bonds at Maturity.


More Definitions of State Sales Tax Revenues

State Sales Tax Revenues mean, provided Phase 2 of the Project is under construction and provided further there are no Outstanding Series 2022A Bonds or additional bonds authorized and issued under the Series 2022A Indenture or any supplemental indenture, the receipts of the State received through the last day of August, and credited to the City Bond Finance Fund by the State Treasurer in accordance with K.S.A. 79-3620(d), as amended, from the tax imposed by K.S.A. 79-3603, as amended, and K.S.A. 79-3703, as amended, with respect to sales and compensating use within the STAR Bond Project Area. State Sales Tax Revenues may include tax revenues sourced to other locations within the State under applicable destination-based sourcing rules of the State. For clarification, State Sales Tax Revenues will not be pledged to the Trust Estate hereunder until all 2022A Bonds or additional bonds authorized and issued under the Series 2022A Indenture or any supplemental indenture have been fully paid and the Series 2022A Indenture and any supplemental indenture authorizing any additional bonds have been discharged in accordance with the applicable indenture.
State Sales Tax Revenues means receipts of the State deposited into the City Bond
State Sales Tax Revenues means receipts of the State received through the last day of August, 2042, and credited to the City Bond Finance Fund by the State Treasurer in accordance with
State Sales Tax Revenues or “Sales Tax Revenues” means the moneys transferred to the Authority from State sales taxes as provided in Section 63-3638 of the State Sales Tax Act and Section 67-8716 of the Act.

Related to State Sales Tax Revenues

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

  • Tax Revenues means the Personal Income Taxes and such other revenues, including Alternative Revenues (but excluding Building Aid), as the Authority may derive directly from the State from taxes imposed by the City or the State and collected by the State.

  • CAISO Revenues means the credits, fees, payments, revenues, interest or similar benefits, including imbalance energy payments, that are directly assigned by the CAISO to the CAISO Global Resource ID for the Generating Facility for, or attributable to, Scheduling or deliveries from the Generating Facility under this Agreement.

  • M&O Revenue means (i) those revenues which the District receives from the levy of its annual ad valorem maintenance and operations tax pursuant to Section 45.002 of the TEXAS EDUCATION CODE, or other lawful authority, and Article VII § 3 of the TEXAS CONSTITUTION, plus (ii) all State revenues to which the District is or may be entitled under the applicable provisions of the TEXAS EDUCATION CODE or any other statutory provision as well as any amendment or successor statute to these provisions, as applicable, less

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

  • TIF Revenues means incremental ad valorem taxes generated on the Redevelopment Project Property by the Project which are to be allocated to and paid to the Authority pursuant to the Act.

  • Gross Rooms Revenue means all revenues derived from the sale or rental of Guest Rooms (both transient and permanent) of the Hotel, including revenue derived from the redemption of points or rewards under the loyalty programs in which the Hotel participates, amounts attributable to breakfast (where the guest room rate includes breakfast), Mandatory Guest Fees, late cancellation fees, and guaranteed no- show revenue and credit transactions, whether or not collected, at the actual rates charged, less allowances for any Guest Room rebates and overcharges, and will not include taxes collected directly from patrons or guests. Group booking rebates, if any, paid by you or on your behalf to third-party groups for group stays must be included in, and not deducted from, the calculation of Gross Rooms Revenue.

  • Operating Revenue means amounts accrued or charge to customers, cli- ents, and tenants, for the sale of prod- ucts manufactured or purchased for re- sale, for services, and for rentals of property held primarily for leasing to others. It includes both reimbursable costs and fees under cost-type con- tracts and percentage-of-completion sales accruals except that it includesonly the fee for management contracts under which the contractor acts essen- tially as an agent of the Government in the erection or operation of Govern- ment-owned facilities. It excludes inci- dental interest, dividends, royalty, and rental income, and proceeds from the sale of assets used in the business.

  • Sales Revenue means receipts from the sale, lease, or rental of goods, services, or property;

  • Sales Taxes has the meaning set forth in Section 3.2.

  • Operating Revenues means, without duplication, all revenues and receipts of the Borrowers from operation of the Properties or otherwise arising in respect of the Properties which are properly allocable to the Properties for the applicable period in accordance with GAAP, including, without limitation, all hotel receipts, revenues and credit card receipts collected from guest rooms, restaurants and bars (including without limitation, service charges for employees and staff), mini-bars, meeting rooms, banquet rooms, apartments, parking and recreational facilities, health club membership fees, food and beverage wholesale and retail sales, service charges, convention services, special events, audio-visual services, boat cruises, travel agency fees, internet booking fees, telephone charges, laundry services, vending machines and otherwise, all rents, revenues and receipts now existing or hereafter arising or created out of the sale, lease, sublease, license, concession or other grant of the right of the possession, use or occupancy of all or any portion of the Properties or personalty located thereon, or rendering of service by any of the Borrowers or any operator or manager of the hotel or commercial space (including, without limitation, from the rental of any office space, retail space, guest rooms or other space, halls, stores and deposits securing reservations of such space (only to the extent such deposits are not required to be returned or refunded to the depositor)), proceeds from rental or business interruption insurance relating to business interruption or loss of income for the period in question and any other items of revenue which would be included in operating revenues under the Uniform System; but excluding proceeds from the sale of FF&E, abatements, reductions or refunds of real estate or personal property taxes relating to the Properties, dividends on insurance policies relating to the Properties, condemnation proceeds arising from a temporary taking of all or a part of any Properties, security and other deposits until they are forfeited by the depositor, advance rentals until they are earned, proceeds from a sale, financing or other disposition of the Properties or any part thereof or interest therein and other non-recurring revenues as determined by Lender, insurance proceeds (other than proceeds from rental or business interruption insurance), other condemnation proceeds, capital contributions or loans to any of the Borrowers, disbursements to any of the Borrowers from the Reserves, sales, use and occupancy taxes collected from customers or patrons of the Properties to be remitted to the applicable taxing authorities, and gratuities or service charges collected on behalf of and remitted to employees or contractors of the Properties.

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

  • Operating Revenue Cash Flows means the Company’s cash flow from ownership and/or operation of (i) Properties, (ii) Loans, (iii) Permitted Investments, (iv) short-term investments, and (v) interests in Properties, Loans and Permitted Investments owned by any Joint Venture or any partnership in which the Company or the Partnership is, directly or indirectly, a co-venturer or partner.

  • Net Sales Revenue shall have the meaning as set out in Schedule "A"

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

  • Gross Operating Revenues means, for any period of time for any Hotel Property, without duplication, all income and proceeds of sales of every kind (whether in cash or on credit and computed on an accrual basis) received by the owner (or, if such Hotel Property is ground leased, the ground lessee) of such Hotel Property or the applicable Operating Lessee or Manager for the use, occupancy or enjoyment of such Hotel Property or the sale of any goods, services or other items sold on or provided from such Hotel Property in the ordinary course of operation of such Hotel Property, including, without limitation, all income received from tenants, transient guests, lessees, licensees and concessionaires and other services to guests at such Hotel Property, and the proceeds from business interruption insurance, but excluding the following: (i) any excise, sales or use taxes or similar governmental charges collected directly from patrons or guests, or as a part of the sales price of any goods, services or displays, such as gross receipts, admission, cabaret or similar or equivalent taxes; (ii) receipts from condemnation awards or sales in lieu of or under threat of condemnation; (iii) proceeds of insurance (other than business interruption insurance); (iv) other allowances and deductions as provided by the Uniform System in determining the sum contemplated by this definition, by whatever name, it may be called; (v) proceeds of sales, whether dispositions of capital assets, FF&E or equipment (other than sales of Inventory in the ordinary course of business); (vi) gross receipts received by tenants, lessees (other than Operating Lessees), licensees or concessionaires of the owner (or, if such Hotel Property is ground leased, the ground lessee) of such Hotel Property; (vii) consideration received at such Hotel Property for hotel accommodations, goods and services to be provided at other hotels although arranged by, for or on behalf of, and paid over to, the applicable Manager; (viii) tips, service charges and gratuities collected for the benefit of employees; (ix) proceeds of any financing; (x) working capital provided by the Parent Guarantor or any Subsidiary of the Parent Guarantor or the applicable Operating Lessee; (xi) amounts collected from guests or patrons of such Hotel Property on behalf of tenants of such Hotel Property and other third parties; (xii) the value of any goods or services in excess of actual amounts paid (in cash or services) provided by the applicable Manager on a complimentary or discounted basis; and (xiii) other income or proceeds resulting other than from the use or occupancy of such Hotel Property, or any part thereof, or other than from the sale of goods, services or other items sold on or provided from such Hotel Property in the ordinary course of business. Gross Operating Revenues shall be reduced by credits or refunds to guests at such Hotel Property.

  • Total Revenues means revenues from all taxes and fees, excluding revenue from funds managed by local government on behalf of a specific third party, and does not include the proceeds from borrowing or asset sales.

  • Pre-Tax Income means income, as determined by GAAP, prior to deduction of the Bonus Pool (as hereinafter defined) and income taxes, and if applicable, after the deduction of any bonus pool of a future officer bonus plan adopted by the Company relating to an applicable Award Year and adjustments approved by the Board as described herein.

  • Gross Sales means the sum total of all retail sales of tangible personal property or services as

  • MUNICIPAL TAXABLE INCOME means the following:

  • System Revenues means all rates, rents, fees, charges,

  • Net Revenues means revenues less related expenses, including

  • Gross Income from Operations means, during any period, all sustainable income as reported on the financial statements delivered by Borrower in accordance with this Agreement, computed in accordance with GAAP, derived from the ownership and operation of the Property from whatever source during such period, including (i) Rents from Tenants that are in occupancy, open for business and paying full contractual rent without right of offset or credit, (ii) utility charges, (iii) escalations, (iv) forfeited security deposits, (v) interest on credit accounts, (vi) service fees or charges, (vii) license fees, (viii) parking fees, (ix) rent concessions or credits, (x) income from vending machines, (xi) business interruption or other loss of income or rental insurance proceeds, (xii) other required pass-throughs and (xiii) interest on Reserve Funds, if any, but excluding (i) Rents from month-to-month Tenants, Tenants during a free-rent period, or Tenants that are included in any Bankruptcy Action, (ii) sales, use and occupancy or other taxes on receipts required to be accounted for by Borrower to any Governmental Authority, (iii) refunds and uncollectible accounts, (iv) sales of furniture, fixtures and equipment, (v) Insurance Proceeds (other than business interruption or other loss of income or rental insurance), (vi) Awards, (vii) unforfeited security deposits, (viii) utility and other similar deposits and (ix) any disbursements to Borrower from the Reserve Funds, if any. Gross income shall not be diminished as a result of the Security Instrument or the creation of any intervening estate or interest in the Property or any part thereof.

  • Gross Revenues means all amounts actually collected as rents or other charges for the use and occupancy of the Properties, but shall exclude interest and other investment income of Owner and proceeds received by Owner for a sale, exchange, condemnation, eminent domain taking, casualty or other disposition of assets of Owner.

  • Gross household income means gross income of a household as those terms are defined in rules of the authority.

  • Tax increment revenues means the amount of ad valorem property taxes and specific local taxes attributable to the application of the levy of all taxing jurisdictions upon the captured assessed value of real and personal property in the zone. Tax increment revenues do not include any of the following: