BTRC definition
Examples of BTRC in a sentence
Each firm or individual (other than a municipal employee) is required to obtain the necessary Business Tax Registration Certification (BTRC) and pay business tax.
If you do NOT have a BTRC number contact the Tax and Permit Division at the office listed below, or log on to ▇▇▇.▇▇▇▇▇▇.▇▇▇/▇▇▇▇▇▇▇ to download the business tax registration application.
Concessionaire represents that it has registered its business with the Office of Finance of the City of Los Angeles and has obtained and presently holds from that Office a Business Tax Registration Certificate ("BTRC"), or a Business Tax Exemption Number, required by the City of Los Angeles' Business Tax Ordinance (Article 1, Chapter 2, Sections 21.00 and following, of the City of Los Angeles' Municipal Code).
The Borrower and the Association hereby agree that the obligations set forth in Sections 9.03, 9.04, 9.05, 9.06, 9.07 and 9.08 of the General Conditions (relating to insurance, use of goods and services, plans and schedules, records and reports, maintenance and land acquisition, respectively) in respect of Part B of the Project shall be carried out by BTRC pursuant to the provisions of Section 2.03 of the Project Agreement.
Pursuant to the program of the Controller of the City of Los Angeles, City may withhold the payment of Rent under Section 4.1 and any additional rent where Landlord fails to have a Federal Tax Identification Number and a currently valid Business Tax Registration Certificate ("BTRC") or, where applicable, a valid Vendor Registration Number ("VRN") issued by the City Clerk of the City of Los Angeles pursuant to Los Angeles Municipal Code section 21.00, et seq.
BTRC shall carry on its operations and conduct its affairs in accordance with sound administrative, financial and telecommunications practices under the supervision of qualified and experienced management assisted by competent staff in adequate numbers.
If Landlord is not legally required to possess either a BTRC or a VRN, this Section 4.2 shall not apply; provided, however, the burden of proof shall be on Landlord to establish such non-applicability.
Such withholding of Rent does not relieve City from its obligation to pay such Rent, but City may withhold, without penalty or interest, all payments of Rent until Landlord has obtained a valid BTRC or VRN, after which City shall retroactively pay all Rent due and owing within sixty (60) days after notice from Landlord containing proof of registration and an itemized invoice of the Rent due.
Any action required or permitted to be taken, and any document required or permitted to be executed, under this Agreement on behalf of BTRC, may be taken or executed by its Chairman or such other person or persons as the Chairman shall designate in writing, and BTRC shall furnish to the Association sufficient evidence of the authority and the authenticated specimen signature of each such person.
If you do NOT have a BTRC number contact the Tax and Permit Division at the office listed'· below, or log on to ▇▇▇.▇▇▇▇▇▇.▇▇/▇▇▇▇▇▇▇ to download the business tax registration application.