Limited Sales definition

Limited Sales means, for the period of one year after the date hereof, (a) aggregate sales of no more than 5% of the outstanding Series A Preferred Stock and (b) aggregate sales of no more than 5% of the outstanding Series C Stock.
View Source
Limited Sales has the meaning given in Section 3.9.
View Source

Examples of Limited Sales in a sentence

  • County is qualified for exemption pursuant to the provisions of Section 151.309 of the Texas Limited Sales, Excise, and Use Tax Act.

  • The City qualifies as an exempt agency under the Texas Limited Sales, Excise and Use Tax Act (the “Tax Act”), and is not subject to any State or City sales taxes on materials incorporated into the project.

  • The City is exempt from payment of Federal Excise and Transportation Tax and Texas Limited Sales and Use Tax.

  • The OWNER qualifies for exemption from the state and local sales and use taxes, pursuant to the provisions of Section 151.309 of the Texas Limited Sales, Excise and Use Tax Act.

  • Texas Limited Sales Tax Exemption Certificates will be furnished upon written request to the ▇▇▇▇▇▇▇ County Purchasing Department, and signed by the Agent, or authorized Purchasing Department representative.

  • The City qualifies as an exempt agency under the Texas Limited Sales, Excise and Use Tax Act (the “Tax Act”) and is not subject to any State or City sales taxes on materials incorporated into the project.

  • The City qualifies as an exempt agency under the Texas Limited Sales, Excise and Use Tax Act (the Tax Act), and is not subject to any State or City sales taxes on materials incorporated into the project.

  • The TSLAC, as an agency of the State of Texas, qualifies for exemption from State and Local Sales and Use Taxes pursuant to the provisions of the Texas Limited Sales, Excise, and Use Tax Act.

  • The Limited Sales, Excise, and Use Tax Laws recognize the inclusion of tax exemption information as part of a purchase order document to be as binding as if it had been submitted separately, and by responding to this solicitation, the respondent agrees to accept tax exemption information in such form.

  • Reference Article 20.01 (T), Limited Sales, Excise and Use Tax and to subsequent applicable legislation.