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

  • 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 $10.05 per Public Share sold in the Offering.

  • The Company hereby agrees to issue to the Selling Agents (and/or their designees) a warrant to purchase a number of Units equal to 5.0% of the total number of Units sold in the Offering on a Closing Date for the Units (“Selling Agents’ Warrant”).


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 col- lected by the state on packs bearing the excise stamp of the state or on roll-your-own tobacco containers. The department of revenue shall adopt rules 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: the number of individual cigarettes and the amount of “roll-your-own tobacco” (based on .09 ounces of “roll-your-own” tobacco constituting one cigarette), that your company sold in Iowa, whether directly of through a distributor, retailer or similar intermediary or intermediaries during the year in question, as measured by excise taxes collected by the state on cigarette packs or “roll-your-own” tobacco containers bearing the excise stamp of the state.
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.