Parking Tax definition
Examples of Parking Tax in a sentence
Amendment #4 to ▇▇▇-2, Section B, eliminated this specific allocation moving forward, and established a joint process to identify projects for the remainder of these Parking Tax funds.
If, after the Closing Date, an existing Parking Tax is increased or a new Parking Tax is imposed on a Concession Metered Parking Space that is an Off Street Parking Space, then a similar reduction shall be made in the Revenue Value of that Concession Metered Parking Space.
Each party agrees to defend, indemnify and hold harmless the other party with respect to any and all losses, costs (including attorney’s fees), penalties or other liability whatsoever arising out of breach of its respective Parking Tax obligations hereunder.
If a Parking Tax is imposed with respect to Concession Metered Parking Spaces that are On Street Parking Spaces, then the Revenue Value of each such Concession Metered Parking Space shall be promptly reduced to reflect that the Metered Parking Fee expected to be derived by the Concessionaire from such Concession Metered Parking Space will be net of the Parking Tax.
If a Parking Tax is imposed with respect to Concession Metered Parking Spaces, then the Revenue Value of each such Concession Metered Parking Space shall be promptly reduced to reflect that the Metered Parking Fee expected to be derived by the Concessionaire from such Concession Metered Parking Space will be net of the Parking Tax.
The City hereby warrants and represents that the City has duly and lawfully levied and imposed and has lawfully ordered the collection of the Admissions Tax and the Parking Tax to the full extent permitted by and described in the Act.
Any repeal or amendment of the right and power to impose, levy, collect and apply the Admissions Tax and the Parking Tax pursuant to the Act shall never be effective until all amounts due and payable representing Debt Service, Bond Insurance Premium, Administrative Expenses, Indemnification Obligations and Additional Rent Reimbursement Obligations have been paid in full or have been lawfully defeased under this Indenture.
Except as provided in Section 13.18 below, the Trust shall pay for any liability (including, without limitation, all penalties and reasonable attorney’s fees) imposed upon the Operator as a result of the Trust’s failure to fund the Operating Account with an amount sufficient to pay any Parking Tax due to taxing authorities.
On a monthly basis, ▇▇▇▇▇▇ will provide detailed supporting documentation for the actual Operating Expenses during the preceding calendar month, which shall include a Monthly Statement containing: (i) detailed Gross Receipts collected by ▇▇▇▇▇▇, (ii) Parking Tax attributable thereto, (iii) the Operating Expenses, and (iv) a Monthly Statement of Aged Accounts Receivable.
Examples of the types of data expected to be obtained through these logs include the following: Parking Tax Data for Garages.