Ticket Tax definition

Ticket Tax means the federal excise tax imposed upon the transportation of persons by air pursuant to Section 4261 of the Internal Revenue Code of 1986, as amended, 26 U.S.C. Section 4261, or any replacement thereof, and regulations thereunder.
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Ticket Tax means the $0.50 tax assessed on each ticket sold by or through Manager as set forth in Section 5.1.
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Ticket Tax has the meaning set forth in the Recitals above.
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Examples of Ticket Tax in a sentence

  • Manager shall pay all such Ticket Tax directly to the T-Bones Uncommitted Recreation Fund ("TURF") for the benefit of the Owner's Parks and Recreation Department unless and until such time as the Owner shall provide Manager with written notice that it elects another designee for the Ticket Tax.

  • For purposes hereof, Owner's initial designee to receive the Ticket Tax from Manager shall be Wyandotte County Parks Foundation, which shall receive such Ticket Tax from Manager on behalf of the Owner.

  • Any deficiency in such Annual Ticket Tax which is revealed by such audit shall be paid over by Manager within thirty (30) days of such audit with interest at the Default Rate.

  • Owner shall have the right, not more frequently than once each year, to inspect or audit, at Owner's sole cost and expense, Manager's ticket sales records to confirm the amount of Annual Ticket Tax collected.

  • Manager further acknowledges that Owner shall have the right to apply any payment of the Owner’s Share of Ancillary Event Funds, Monthly Ticket Tax Payment or any other amounts due Owner, in reduction of any amount due under this Agreement, in such order and satisfaction as Owner may elect in its sole discretion and regardless of whether Manager has designated how such payment is to be applied.

  • In addition, Manager acknowledges that the late payment of any installment of Owner’s Share of Stadium Funds, Monthly Ticket Tax Payment, Utilities or any other amounts due Owner will cause Owner to incur certain costs and expenses, the exact amount of which are extremely difficult or impractical to fix.

  • If any such audit discloses that Manager has understated Annual Ticket Tax by more than ten percent (10%) and Owner is entitled to any additional Ticket Tax as a result of such understatement, then Manager shall promptly pay to Owner the cost of such audit and an automatic audit of the immediately following Agreement Year.

  • If Owner exercises its rights to terminate the Agreement pursuant to Article 19, Manager's obligation to collect and pay the Ticket Tax shall cease on the date on which this Agreement terminates.

  • If the Stadium Facility is partially taken and this Agreement is not terminated, there shall be no reduction or adjustment in the Owner’s Share of Ancillary Event Funds, Owner’s Share of Ticket Sales, Ticket Tax Payment and other charges thereafter payable hereunder.

  • Pursuit of any of the foregoing remedies shall not preclude pursuit of any of the other remedies herein provided or any other remedies provided by law, nor shall pursuit of any remedy herein provided constitute a forfeiture or waiver of any Owner’s Share of Ancillary Event Funds, Owner’s Share of Ticket Sales or Ticket Tax Payment due to Owner hereunder or of any damage accruing to Owner by reason of the violation of any of the terms, provisions and covenants herein contained.


More Definitions of Ticket Tax

Ticket Tax means the federal excise tax imposed upon the transportation of persons by air pursuant to Section 4261 of the Internal Revenue
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Ticket Tax means a tax or special assessment imposed by either the TDD or the CID in an amount equal to one dollar ($1) per ticket sold on all tickets sold in the Development Area for admission to events held in common areas or entertainment venues within the Development Area, as defined in the Developer’s reasonable discretion, as a special assessment which shall be authorized pursuant to Section 238.230 of the TDD Act or Section 67.1521 of the CID Act, as applicable, provided that, beginning in the second year following Substantial Completion of Component A and in each year thereafter until the Bonds are fully redeemed, Developer’s reasonable discretion shall be exercised in a manner consistent with achieving the goal of the application of the Ticket Tax to a minimum of one million three hundred thousand (1,300,000) tickets per year; provided, however, that the minimum number of tickets per year shall be adjusted in proportion to the combined Leasable Area , as set forth in Exhibit B and as modified pursuant to Section 3.1(c) and Exhibit B hereof, of Retail/Entertainment/Restaurant Space in Component A and Component B, if any, in comparison to the total Leasable Area originally contemplated for the entire Development Project; provided, further, that the Developer has not made and is not making any assurances that such minimum number of tickets will be sold in any given year.
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Ticket Tax means the tax imposed by section 3 of the Ticket Tax Act, 1980 (Act No. 26 of 1980);
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Related to Ticket Tax

  • input tax , in relation to a vendor, means—

  • Relevant Tax means any present or future taxes, duties, assessments or governmental charges of whatever nature, imposed or levied by or on behalf of any Relevant Jurisdiction or any authority therein or thereof having the power to tax.

  • VAT means Value Added Tax

  • Asset Taxes means all ad valorem, property, excise, severance, production or similar Taxes (including any interest, fine, penalty or addition to Tax imposed by a taxing authority in connection with such Taxes) based upon operation or ownership of the Assets or the production of Hydrocarbons therefrom but excluding, for the avoidance of doubt, (a) income, capital gains, franchise and similar Taxes and (b) Transfer Taxes.

  • Relevant Tax Authority means HMRC, or, if applicable, the tax authority in the jurisdiction in which the Supplier is established;

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

  • Input Tax Credit means the credit of input tax;

  • Net Tax Benefit has the meaning set forth in Section 3.1(b) of this 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.

  • central tax means the central goods and services tax levied under section 9 of the Central Goods and Services Tax Act;

  • Use tax means a nonrecurring tax, other than a sales tax, which (a) is imposed on or with respect to the exercise or enjoyment of any right or power over tangible personal property incident to the ownership, possession, or custody of that property or the leasing of that property from another including any consumption, keeping, retention, or other use of tangible personal property, and (b) is complementary to a sales tax.

  • Transfer Tax means any transfer, recording, registration and other fees and any similar taxes that become payable in connection with the Transactions (together with any related interest, penalties or additions to such taxes).

  • Premium tax means a tax paid by insurance companies to provincial and territorial governments calculated as a percentage of gross premiums written.

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

  • HST means the tax payable and imposed pursuant to part IX of the Excise Tax Act (Canada) as amended, including any provincial component collected by Canada on behalf of British Columbia, and any successor legislation thereto;

  • Annual Special Tax means the Special Tax actually levied in any Fiscal Year on any Assessor’s Parcel.

  • Indirect Tax means any goods and services tax, consumption tax, value added tax or any tax of a similar nature.

  • municipal tax means property rates or other taxes, levies or duties that a municipality may impose;

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

  • Goods and Services Tax or “GST” means the goods and services tax chargeable under the Goods and Services Tax Act (Cap. 117A);

  • New Taxes means (i) any Taxes enacted and effective after the Effective Date, including, without limitation, that portion of any Taxes or New Taxes that constitutes an increase, or (ii) any law, order, rule or regulation, or interpretation thereof, enacted and effective after the Effective Date resulting in the application of any Taxes to a new or different class of parties.

  • MUNICIPAL TAXABLE INCOME means the following:

  • Assumed State and Local Tax Rate means the tax rate equal to the sum of the products of (x) the Corporation’s income tax apportionment factor for each state and local jurisdiction in which the Corporation files income or franchise tax returns for the relevant Taxable Year and (y) the highest corporate income and franchise tax rate in effect for such Taxable Year for each such state and local jurisdiction in which the Corporation files income tax returns for each relevant Taxable Year.

  • Track Charges means the charges payable by or on behalf of the Train Operator to Network Rail, as set out in paragraph 1 of Part 2 of Schedule 7 or under the Traction Electricity Rules;

  • Federal Tax means any Tax imposed under Subtitle A of the Code.

  • Other Tax means any Federal Other Tax, State Other Tax, or Foreign Other Tax.