Ad Valorem Taxes, Exemptions Sample Clauses

Ad Valorem Taxes, Exemptions. Lessor and Lessee intend that the Leased Premises presently are and shall continue to be (for so long as the Leased Premises is owned by Lessor and used as a convention center) exempt from ad valorem taxes as exempt properties under applicable provisions of the Texas Constitution, the Texas Tax Code, and other Applicable Laws. Lessee is authorized to assert, insist upon, continue, and restate this join intent in any agency, forum, or court having jurisdiction and at which the question may arise or be presented, and Lessor, at the request of Lessee and at Lessee’s sole expense, shall jointly take and pursue such lawful actions with Lessee, including if necessary, judicial actions, as may be available and appropriate, to protect and defend the Leased Premises and the leasehold interest of Lessee therein against the levy, assessment, or collection of ad valorem taxes by any Governmental Authority asserting the power to levy, asses, and collect such taxes under currently Applicable Law. In the event of any proposed or actual change in the Texas Constitution, the Texas Tax Code, and other Applicable Law, which threatens to alter the ad valorem tax status of the Leased Premises, Lessor shall reasonably cooperate with Lessee (which cooperation may include joining any legal proceeding deemed appropriate by Lessee) to maintain all possible ad valorem tax exemptions available to the Leased Premises. Notwithstanding anything to the contrary, if Lessor undertakes any action requested by Lessee pursuant to this Section, Lessee shall pay all third-party costs, including outside attorney fees and expenses, reasonably incurred by Lessor, or within thirty (30) Business Days after written demand therefor, reimburse such costs to Lessor.
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Related to Ad Valorem Taxes, Exemptions

  • Ad Valorem Taxes Prior to delinquency, Tenant shall pay all taxes and assessments levied upon trade fixtures, alterations, additions, improvements, inventories and personal property located and/or installed on or in the Premises by, or on behalf of, Tenant; and if requested by Landlord, Tenant shall promptly deliver to Landlord copies of receipts for payment of all such taxes and assessments. To the extent any such taxes are not separately assessed or billed to Tenant, Tenant shall pay the amount thereof as invoiced by Landlord.

  • Taxes The Company shall pay, and shall cause each of its Subsidiaries to pay, prior to delinquency, all material taxes, assessments, and governmental levies except such as are contested in good faith and by appropriate proceedings or where the failure to effect such payment is not adverse in any material respect to the Holders of the Notes.

  • SALES TAX EXEMPTION The Services under the Contract will be paid for from the Department’s funds and used in the exercise of the Department’s essential functions as a State of Utah entity. Upon request, the Department will provide Contractor with its sales tax exemption number. It is Contractor’s responsibility to request the Department’s sales tax exemption number. It is Contractor’s sole responsibility to ascertain whether any tax deductions or benefits apply to any aspect of the Contract.

  • Tax Exemptions Ontario Universities and College Residences are tax-exempt and Residents are not charged taxes on Residence fees. As such, the Resident may claim only $25 as the occupancy cost for the part of the year lived in Residence. If filing either a paper or an electronic income tax return, the Resident does not need to include receipts with the tax return. For that reason, Humber Residences does not provide tax receipts.

  • Taxes, etc Any taxes, fees and expenses in connection with the purchase and registration under the Buyers’ flag shall be for the Buyers’ account, whereas similar charges in connection with the closing of the Sellers’ register shall be for the Sellers’ account.

  • New Taxes Any taxes not in effect as of the Effective Date enacted by a Governmental Authority or the Town, to be effective after the Effective Date with respect to All-Requirements Power Supply, or any Governmental Rule enacted and effective after the Effective Date resulting in application of any existing tax for the first time to Participating Consumers.

  • TAXES AND TAX EXEMPTION CERTIFICATE 21.1 The Owners are generally exempt from any taxes imposed by the state or federal government. A Tax Exemption Certificate will be provided as applicable.

  • Sales Taxes The Seller shall bear and pay, and shall reimburse the Purchaser and the Purchaser’s affiliates for, any sales taxes, use taxes, transfer taxes, documentary charges, recording fees or similar taxes, charges, fees or expenses that may become payable in connection with the sale of the Assets to the Purchaser or in connection with any of the other Transactions.

  • Taxes and Assessments As of the date of origination and, to the Mortgage Loan Seller’s knowledge, as of the Cut-off Date, all taxes, governmental assessments and other outstanding governmental charges (including, without limitation, water and sewage charges) due with respect to the Mortgaged Property (excluding any related personal property) securing a Mortgage Loan that is or could become a lien on the related Mortgaged Property that became due and owing prior to the Cut-off Date with respect to each related Mortgaged Property have been paid, or, if the appropriate amount of such taxes or charges is being appealed or is otherwise in dispute, the unpaid taxes or charges are covered by an escrow of funds or other security sufficient to pay such tax or charge and reasonably estimated interest and penalties, if any, thereon. For purposes of this representation and warranty, any such taxes, assessments and other charges shall not be considered due and payable until the date on which interest and/or penalties would be payable thereon.

  • Goods and Services Tax (GST (a) For the purposes of clause 9:

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