Possessory Interests Tax. Rights granted to CONTRACTOR by CITY may create a possessory interest. XXXXXXXXXX agrees that any possessory interest created may be subject to California Revenue and Taxation Code Section 107.6 and a property tax may be levied on that possessory interest. If applicable, CONTRACTOR shall pay the property tax. CONTRACTOR acknowledges that the notice required under California Revenue and Taxation Code Section 107.6 has been provided.
Appears in 19 contracts
Samples: School and Day Camp Programs, Agreement, Professional Services Agreement
Possessory Interests Tax. Rights granted to CONTRACTOR by CITY may create a possessory interest. XXXXXXXXXX CONTRACTOR agrees that any possessory interest created may be subject to California Revenue and Taxation Code Section 107.6 and a property tax may be levied on that possessory interest. If applicable, CONTRACTOR shall pay the property tax. CONTRACTOR acknowledges that the notice required under California Revenue and Taxation Code Section 107.6 has been provided.
Appears in 11 contracts
Samples: Agreement, Agreement, Professional Services Agreement
