Refund of Taxes. After the Closing of the Escrow, Seller shall have the right in Seller’s sole discretion to apply to the Orange County Tax Collector for refund of any excess property taxes paid by Seller with respect to the Property, so long as no proration or credit for such taxes was provided to Seller through the Escrow. This refund would apply to the period after the Closing Date and Buyer’s acquisition of the Property pursuant to Revenue and Taxation Code Section 5096.7.
Appears in 4 contracts
Samples: Option Agreement, Option Agreement, Purchase and Sale Agreement And
Refund of Taxes. After the Closing of the Escrow, Seller shall have the right in Seller’s sole discretion right, after the Close of Escrow, to apply to the Orange County Tax Collector for refund of any excess property taxes taxes, which have been paid by Seller with respect to the Property, so long as no proration or credit for such taxes was provided to Seller through the Escrow. This refund would apply to the period after the Closing Date and BuyerAgency’s acquisition of the Property acquisition, pursuant to Revenue and Taxation Code Section 5096.7.
Appears in 1 contract
