Ad Valorem Taxes. The Project shall be subject to assessment thereof for ad valorem taxes in the manner provided by law.
Appears in 2 contracts
Samples: Loan Agreement (Gulf Power Co), Loan Agreement (Gulf Power Co)
Ad Valorem Taxes. The Project shall be subject to assessment thereof for ad valorem taxes in the manner provided by lawlaw and the Company agrees to timely pay all such taxes.
Appears in 2 contracts
Samples: Loan Agreement (System Energy Resources Inc), Loan Agreement (System Energy Resources Inc)
Ad Valorem Taxes. The Project Projects shall be subject to assessment thereof for ad valorem taxes in the manner provided by lawlaw and the Company agrees to timely pay all such taxes.
Appears in 1 contract