IDOR definition
Examples of IDOR in a sentence
The Company further represents and warrants that, if required, it has properly registered with the IDOR and has no outstanding issues with the IDOR.
This paragraph shall not be construed to limit the ability of the IEDC or the IDOR to collect, or limit the Company’s obligation to repay, any tax credits claimed under the Agreement, plus any applicable interest and penalties, should any one or more of the aforementioned events occur.
The Grantee further represents and warrants that if required, it has properly registered with the IDOR and has no outstanding issues with IDOR.
This paragraph shall not be construed to limit the ability of the IEDC or the IDOR to collect, or limit the Grantee’s obligation to repay, any grant funds paid under the Agreement, plus any applicable interest and penalties, should any one or more of the aforementioned events occur.
The Company further affirms that if required, it has properly registered with the IDOR and has no outstanding issues with IDOR.
This paragraph shall not be construed to limit the ability of the IEDC or the IDOR to collect, or limit the Company’s obligation to repay, any Tax Credit claimed under this Agreement, plus any applicable interest and penalties, should any one or more of the aforementioned events occur.
The actual amount of the Tax Credit allowable to the Company is subject to final determination by the IDOR under Indiana Code § 6-8.1-3-12 and Indiana Code § 6-8.1-5.
Indiana state law requires the University to submit certain information about the Vendor, including but not limited to, Federal Employee Identification Number (FEIN) to the Indiana Department of Revenue (IDOR) for a sales tax clearance.
If Vendor is not registered in Indiana as a retail merchant or is eloquent in the payment or reporting of Indiana sales tax, the University is required to suspend further procurements from Vendor until Vendor resolves the problem with IDOR and IDOR issues a clearance to the University.
The IEDC shall also require the Company to forfeit the remaining Tax Credit (not previously allowed or assigned), and, after the IDOR has imposed the assessment set forth above, the IEDC may terminate this agreement.