Units sold definition

Units sold means the number of individual cigarettes sold in the state by the applicable tobacco product manufacturer (whether directly or through a distributor, retailer, or similar intermediary or intermediaries) during the year in question, as measured by excise taxes collected by the state on packs (or "roll-your-own" tobacco containers) bearing the excise tax stamp of the state. Units sold shall also include the number of individual cigarettes sold in the state by the applicable tobacco product manufacturer (whether directly or through a distributor, retailer, or similar intermediary or intermediaries) during the year in question, as to which the state had power to under federal law, but did not, impose or collect an excise tax. The department of treasury may promulgate such rules as are necessary to ascertain the amount of units sold of such tobacco product manufacturer for each year.

Units sold means the number of individual cigarettes sold in the state by the

Units sold means the number of individual cigarettes sold in Kentucky by the applicable tobacco product manufacturer, whether directly or through a distributor, retailer, or similar intermediary or intermediaries, during the year in question, as measured by excise taxes collected by Kentucky on packs or "roll-your- own" tobacco. The department[ of Revenue] shall promulgate administrative[ such] regulations as are necessary to ascertain the amount of state excise tax paid on the cigarettes of the[such] tobacco product manufacturer for each year.

Examples of Units sold in a sentence

• The Company shall apply the net proceeds from the sale of the Offered Securities and the Private Placement Units sold by it in a manner consistent in all material respects with the applications described under the caption “Use of Proceeds” in the Registration Statement, the Time of Sale Prospectus and the Prospectus.

• In addition, on the Closing Date, the Company shall issue to the Placement Agent (or its permitted assignees) warrants to purchase a number of shares of Common Stock equal to an aggregate of 3.0% of the total number of Units sold in this offering, which will have an exercise price equal to 110% of the public offering price per Unit, are exercisable immediately after issuance and will expire five years after the effective date of the registration statement.

• On the Option Closing Date, if any, the Company shall cause to be deposited an amount of additional proceeds from the additional Placement Units sold on the Option Closing Date into the Trust Account such that the amount of funds in the Trust Account shall be $10.00 per share of Common Stock sold in the Offering.

• All of the Company Common Units sold have been issued in compliance with applicable Laws, in all material respects, and sold pursuant to private placements exempt from the registration requirements of the Securities Act and in accordance with the Investment Company Act and, if applicable, state “blue sky” Laws.

• On the Option Closing Date, if any, the Company shall cause to be deposited an amount of additional proceeds from the Option Placement Units sold on the Option Closing Date into the Trust Account such that the amount of funds in the Trust Account shall be $10.025 per Public Share sold in the Offering.

More Definitions of Units sold

Units sold means the number of individual cigarettes sold in the state by the applicable tobacco product manufacturer (whether directly or through a distributor, retailer or similar intermediary or intermediaries) during the year in question, as measured by excise taxes collected by the state on packs (or "roll-your- own" tobacco containers) bearing the excise tax stamp of the state. The secretary of taxation and revenue shall promulgate such regulations as are necessary to ascertain the amount of state excise tax paid on the cigarettes of such tobacco product manufacturer for each year.

Units sold means the number of individual cigarettes sold in this state by the applicable tobacco product manufacturer, whether directly or through a distributor, retailer or similar inter- mediary, during the year in question, as measured by the excise taxes collected by this state on containers of “roll−your−own” tobacco and on packs of cigarettes bearing the excise tax stamp of this state.

Units sold means the number of individual cigarettes sold and each 0.09 ounces of "roll-your-own" tobacco sold in the state by the applicable tobacco product manufacturer (whether directly or through a distributor, retailer or similar intermediary or intermedia- ries) during the year in question, as measured by excise taxes collec- ted by the state on packs bearing the excise tax stamp of the state or "roll-your-own" tobacco containers.

Units sold means the number of individual cigarettes

Units sold means units sold as defined in section 453C.1. 2003 Acts, ch 97, §2, 13; 2003 Acts, ch 145, §286 453D.3 Certifications, directory, tax stamps.1. Certification. A tobacco product manufacturer whose cigarettes are sold in this state, whether directly or through a stamping agent, distributor, retailer, or similar intermediary or intermediaries, shall execute and deliver on a form and in the manner prescribed by the attorney general, a certification to the director and the attorney general, no later than April 30 of each year, certifying under penalty of perjury that, as of the date of the certification, thetobacco product manufacturer is either a participating manufacturer or is in full compliance with chapter 453C, including all quarterly installment payments required by rule.

Units sold means, with respect to a particular tobacco product manufacturer for a particular year, the number of individual cigarettes sold in the state, including, without limitation, any cigarettes sold on any qualified tribal land within the state, by the applicable tobacco product manufacturer, whether directly or through a distributor, retailer or similar intermediary or intermediaries, during the year in question, for which the state has the authority under federal law to impose excise or a similar tax or to collect escrow deposits, regardless of whether such taxes were imposed or collected by the state. The department of revenue and the attorney general shall promulgate such rules and regulations as are necessary to ascertain the number of units sold of such tobacco product manufacturer for each year.

Units sold means the number of individual cigarettes sold in the state by the applicable tobacco product manufacturer, whether directly or through a distributor, retailer, or similar intermediary or intermediaries, during the year in question, as measured by excise taxes collected by the state on packs or roll=your=own tobacco containers bearing