Common use of Real Property Taxes Clause in Contracts

Real Property Taxes. The Developer shall, so long as this Agreement remains in effect, pay all real property taxes with respect to all parts of the Development Property acquired and owned by it which are payable pursuant to any statutory or contractual duty that shall accrue subsequent to the date of its acquisition of title to the Development Property (or part thereof) and until title to the property is vested in another person. The Developer agrees that for tax assessments so long as this Agreement remains in effect:

Appears in 3 contracts

Samples: Purchase and Development Agreement, Tax Abatement Agreement, Purchase and Development Agreement

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Real Property Taxes. The Developer shall, so long as this Agreement remains in effect, pay all real property taxes with respect to all parts of the Development Tax Abatement Property acquired and owned by it which are payable pursuant to any statutory or contractual duty that shall accrue subsequent to the date of its acquisition of title to the Development Property (or part thereof) and until title to the property is vested in another person. The Developer agrees that for tax assessments so long as this Agreement remains in effect:

Appears in 3 contracts

Samples: Tax Abatement Agreement by and Between, Tax Abatement Agreement, Tax Abatement Agreement

Real Property Taxes. The Developer shall, so long as this Agreement remains in effect, acknowledges that it is obligated under law to pay all real property taxes payable with respect to all parts of the Development Property acquired and owned by it which are payable pursuant to any statutory or contractual duty that shall accrue subsequent to the date of its acquisition of title to the Development Property (or part thereof) and until title pursuant to the property is vested in another personprovisions of the Agreement until the Developer's obligations have been assumed by any other person with the written consent of the Authority pursuant to the provisions of this Agreement. The Developer agrees that for tax assessments so long as this Agreement remains in effectprior to the Termination Date:

Appears in 2 contracts

Samples: Assessment Agreement, Assessment Agreement

Real Property Taxes. The Developer shall, so long as this Agreement remains in effect, acknowledges that it is obligated under law to pay all real property taxes payable with respect to all parts of the Development Property acquired and owned by it which are payable pursuant to any statutory or contractual duty that shall accrue subsequent to the date of its acquisition of title to the Development Property (or part thereof) and until title pursuant to the property is vested in another personprovisions of the Agreement until the Developer's obligations have been assumed by any other person with the written consent of the Authority and pursuant to the provisions of this Agreement. The Developer agrees that for tax assessments so long prior to the Termination Date, and except as this Agreement remains otherwise set forth in effectSection 3.5.:

Appears in 2 contracts

Samples: Development Agreement, Assessment Agreement

Real Property Taxes. The Developer shall, so long as this Agreement remains in effect, acknowledges that it is obligated under law to pay all real property taxes and special assessments payable with respect to all parts of the Development Property acquired and owned by it which are payable pursuant to this Agreement, State law and any other statutory or contractual duty that shall accrue subsequent to the date of its acquisition of title to the Development Property (or part thereof) and until title to the property is vested in another person. The Developer agrees that for tax assessments so long as this Agreement remains in effect:

Appears in 2 contracts

Samples: Tax Abatement Agreement by And, Agreement

Real Property Taxes. The Developer shall, so long as this Agreement remains in effect, acknowledges that it is obligated under law to pay all real property taxes payable with respect to all parts of the Development Property acquired and owned by it which are payable pursuant to any statutory or contractual duty that shall accrue subsequent to the date of its acquisition of title to the Development Property (or part thereof) and until title pursuant to the property is vested in another personprovisions of the Agreement until the Developer's obligations have been assumed by any other person with the written consent of the Authority and pursuant to the provisions of this Agreement. The Developer agrees that for tax assessments so long as this Agreement remains in effectprior to the Termination Date:

Appears in 1 contract

Samples: Agreement

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Real Property Taxes. The Developer shall, so long as this Agreement remains in effect, pay all real property taxes with respect to all parts of the Development Property acquired and owned by it which are payable pursuant to any statutory or contractual duty that shall accrue subsequent to the date of its acquisition of title to the Development Property (or part thereof) and until title to the property Development Property is vested in another person. The Developer further acknowledges that failure of the Developer to commence and complete the Project by the times set forth in Section 3.8 could reduce the Tax Abatements below the amount of the Special Assessments due and payable by the Developer. The Developer agrees that for tax assessments so long as this Agreement remains in effect:

Appears in 1 contract

Samples: Tax Abatement Agreement Between

Real Property Taxes. The Developer shall, so long as this Agreement remains in effect, pay all real property taxes with respect to all parts of the Development Property acquired and owned by it which are payable pursuant to any statutory or contractual duty that shall accrue subsequent to the date of its acquisition of title to the Development Property (or part thereof) and until title to the property is vested in another person. The Developer agrees that for tax assessments all real property taxes, so long as this Agreement remains in effect:effect:β€Œ

Appears in 1 contract

Samples: Development Agreement

Real Property Taxes. The Developer shall, so long as this Agreement remains in effect, shall pay all real property taxes payable with respect to all and any parts of the Development Property acquired and owned by it which are payable pursuant to and any statutory or contractual duty that shall accrue subsequent to the date of its acquisition of title to the Development Property (or part thereof) and until the Developer's obligations have been assumed by any other person pursuant to the provisions of this Agreement or title to the property is vested in another person. The Developer agrees that for tax assessments so long as this Agreement remains in effectit owns all or any portion of the Development Property that prior to the Termination Date:

Appears in 1 contract

Samples: Development Agreement by And

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