PURPOSE AND PRINCIPLE Clause Samples

PURPOSE AND PRINCIPLE. Section 101: TITLE‌
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PURPOSE AND PRINCIPLE. 101 Title . . . . . . . . . p. 7
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PURPOSE AND PRINCIPLE. 5 This multistate Agreement shall be referred to, cited, and known as the Streamlined Sales and 6 Use Tax Agreement.
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PURPOSE AND PRINCIPLE. A. It is the purpose and principle of this Agreement to grant full reciprocity to passenger cars and non-commercial vehicles and interstate reciprocity to commercial vehicles. B. This Agreement shall also provide for the recognition of license plates displayed on vehicles that are properly licensed under the laws of the issuing jurisdiction.
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PURPOSE AND PRINCIPLE. 5 This multistate Agreement shall be referred to, cited, and known as the Streamlined Sales and 6 Use Tax Agreement. 8 Section 102: FUNDAMENTAL PURPOSE 9 It is the purpose of this Agreement to simplify and modernize sales and use tax administration in 10 the member states in order to substantially reduce the burden of tax compliance. The Agreement 11 focuses on improving sales and use tax administration systems for all sellers and for all types of 12 commerce through all of the following: 13 A. State level administration of sales and use tax collections. 14 B. Uniformity in the state and local tax bases. 15 C. Uniformity of major tax base definitions. 16 D. Central, electronic registration system for all member states. 17 E. Simplification of state and local tax rates. 18 F. Uniform sourcing rules for all taxable transactions. 19 G. Simplified administration of exemptions. 20 H. Simplified tax returns. 21 I. Simplification of tax remittances. 22 J. Protection of consumer privacy. 24 Section 103: TAXING AUTHORITY PRESERVED 25 This Agreement shall not be construed as intending to influence a member state to impose a tax 26 on or provide an exemption from tax for any item or service. However, if a member state 27 chooses to tax an item or exempt an item from tax, that state shall adhere to the provisions 28 concerning definitions as set out in Article III of this Agreement. 1 Section 104: DEFINED TERMS 2 This Agreement defines terms for use within the Agreement and for application in the sales and 3 use tax laws of the member states. The definition of a term is not intended to influence the 4 interpretation or application of that term with respect to other tax types. 6 An alphabetical list of all the terms defined in the Agreement and their location in the Agreement 7 is found in Appendix B of this Agreement, the Index of Definitions. Terms defined for use 8 within this Agreement are set out in Article II of the Agreement. Many of the uniform definitions 9 for application in the sales and use tax laws of the member states are set out in Appendix C of 10 this Agreement, the Library of Definitions. Definitions that are not set out in Appendix C are 11 defined when applied in a particular section of the Agreement and are set out in that section of 12 the Agreement. The appendices have the same effect as the Articles in the Agreement. 14 Section 105: TREATMENT OF VENDING MACHINES 15 The provisions of the Agreement do not apply to vending machines sales. The Agree...
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Related to PURPOSE AND PRINCIPLE

  • Purpose and Applicability (a) The purpose of this Exhibit is to provide a description of Part 504 of NYSERDA’s regulations, which consists of NYSERDA’s policy for making payment promptly on amounts properly due and owing by NYSERDA under this Agreement. The section numbers used in this document correspond to the section numbers appearing in Part 504 of the regulations.2 (b) This Exhibit applies generally to payments due and owing by the NYSERDA to the Contractor pursuant to this Agreement. However, this Exhibit does not apply to Payments due and owing when NYSERDA is exercising a Set-Off against all or part of the Payment, or if a State or Federal law, rule or regulation specifically requires otherwise.

  • PURPOSE AND INTENT The general purpose of this Agreement is to set forth terms and conditions of employment, and to promote orderly and peaceful labor relations for the mutual interest of the Employer and the employees.

  • Purpose and Scope The purpose of these standard contractual clauses is to ensure compliance with the requirements of Regulation (EU) 2016/679 of the European Parliament and of the Council of 27 April 2016 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data (General Data Protection Regulation)1 for the transfer of personal data to a third country.

  • PURPOSE AND IMPLEMENTATION This Umbrella Agreement (hereinafter referred to as the "Agreement" or "Umbrella Agreement") shall be for the purpose of collaborative research, development, and testing opportunities on various topics of mutual interest to enable advanced understanding of aeronautics, science, and space systems research and development and to provide workforce development in Science, Technology, Engineering, and Mathematics (STEM) while furthering NASA’s research and development goals. The Parties shall execute one (1) Annex Agreement (hereinafter referred to as the "Annex") concurrently with this Umbrella Agreement. The Parties may execute subsequent Annexes under this Umbrella Agreement consistent with the purpose and terms of this Umbrella Agreement. This Umbrella Agreement shall govern all Annexes executed hereunder; no Annex shall amend this Umbrella Agreement. Each Annex will detail the specific purpose of the proposed activity, responsibilities, schedule and milestones, and any personnel, property, or facilities to be utilized under the task. This Umbrella Agreement takes precedence over any Annexes. In the event of a conflict between the Umbrella Agreement and any Annex concerning the meaning of its provisions, and the rights, obligations and remedies of the Parties, the Umbrella Agreement is controlling.

  • Purpose and Content This Purchase Agreement details the outputs that the Cabinet of the Cayman Islands Government and Cayman Airways Limited have agreed that Cayman Airways Limited will deliver, and the Cabinet will purchase, during the 2020 and 2021 financial years. The purpose of this document is to ensure that the performance expected of Cayman Airways Limited is clearly understood and agreed by both parties.