Common use of Annual Taxes and Other Costs Clause in Contracts

Annual Taxes and Other Costs. The Designated Entity is responsible for any and all annual taxes payable in respect of the Lands in accordance with provincial law. For greater certainty, on and after the applicable Closing Date, British Columbia and BC Hydro are not required to assume any financial or other obligations with respect to the Lands.

Appears in 4 contracts

Samples: Project Tripartite Land Agreement, Project Tripartite Land, Project Tripartite Land

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Annual Taxes and Other Costs. The Designated Entity Company is responsible for any and all annual taxes payable in respect of the Lands in accordance with provincial law. For greater certainty, on and after the applicable Closing Date, British Columbia and BC Hydro are not required to assume any financial or other obligations with respect to the Lands.

Appears in 1 contract

Samples: Designated Company Agreement

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