Common use of Exemption Certificate Clause in Contracts

Exemption Certificate. 4.1 The City agrees that if the Tax Collector: (a) receives the documentation and fee set out in section 3.2 of Bylaw 8776; (b) is satisfied that the Parcel satisfies the eligibility criteria under Bylaw 8776 and the Act; and (c) is satisfied that the municipal property value taxes for the Parcel are not in arrears, the Tax Collector shall issue an Exemption Certificate for the Parcel for the 2015 municipal taxation year in accordance with Bylaw 8776.

Exemption Certificate. 4.1 The City agrees that if the Tax Collector: (a) receives the documentation and fee set out in section 3.2 of Bylaw 8776; (b) is satisfied that the Parcel satisfies the eligibility criteria under Bylaw 8776 and the Act; and (c) is satisfied that the municipal property value taxes for the Parcel are not in arrears, the Tax Collector shall issue an Exemption Certificate for the Parcel for the 2015 2016 municipal taxation year in accordance with Bylaw 8776.