ISAI definition

ISAI. Means the tax over the acquisition of real estate properties, whichever denomination such tax may have, in accordance with the applicable tax laws of the federal entities and/or municipalities of the different States of Mexico.
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ISAI. , means the Real Estate Acquisition Tax (Impuesto sobre Adquisición de Inmuebles) corresponding to the state or municipality in question and other applicable similar taxes and/or taxes that may substitute and/or supplement it from time to time.
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Examples of ISAI in a sentence

  • The Trustee shall return all of the bankruptcy estates' right, title and interest in the ISAI Shares to ISAI and direct escrow agent under the original Purchase Agreement, ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, Esq., to release all shares in ISAI to Defendants, and the Trustee represents and warrants that the Trustee has not conveyed or assigned such shares, and shall execute whatever documents (prepared by ISAI) reasonably necessary to accomplish such return.

  • ISAI shall retain the portfolio accounts purchased by and delivered to it ("Accounts"), including any of the Accounts recovered from third parties, and shall continue collecting on those Accounts at its own costs, with 40% of all future cash collections, net after third party collection costs to be paid on a quarterly basis to the Trustee until the case is closed, but no later than June 30, 2008.

  • Except as expressly set forth herein, ISAI and the Trustee and Debtors; each waive any and all claims against each other, and any claims against the Debtors now existing are deemed withdrawn.

  • ISAI will provide copies of all collection remittances in house and from third party collection agent on a quarterly basis, including collection remittances on Accounts collected to date.

  • After June 30, 2008, ISAI shall retain the Accounts for its own benefit.

  • Buyer shall be responsible for, and shall pay to the appropriate Mexican notary or Mexican governmental authorities, all Mexican ISAI Taxes and Mexican Registration Expenses incurred in respect of all payments of the Purchase Price and the transfer of the Assets to Buyer in connection therewith, whether owed by Buyer or any of the ▇▇▇▇▇ Entities.

  • ISAI covenants and agrees to use its best efforts to pursue collections of the Accounts through June 30, 2008.

  • ISAI has certain debts in the amount of $868,500 and Doubletree desires to assume those debts and guarantee their payment.