Common use of ROLLBACK TAXES Clause in Contracts

ROLLBACK TAXES. If Seller changes the use of the Property before closing or if a denial of a special valuation on the Property claimed by Seller results in the assessment of additional taxes, penalties, or interest (assessments) for periods before closing, the assessments will be the obligation of the Buyer. If this sale or ▇▇▇▇▇'s use of the Property after closing results in additional assessments for periods before closing, the assessments will be the obligation of Buyer. This Paragraph 14B survives closing.

Appears in 3 contracts

Sources: Commercial Contract, Commercial Contract, Commercial Contract

ROLLBACK TAXES. If Seller changes the use of the Property before closing or if a denial of a special valuation on the Property claimed by Seller results in the assessment of additional taxes, penalties, or interest (assessments) for periods before closing, the assessments will be the obligation of the BuyerSeller. If this sale or ▇▇▇▇▇'s Buyer’s use of the Property after closing results in additional assessments for periods before closing, the assessments will be the obligation of Buyer. This Paragraph 14B 13B survives closing.

Appears in 3 contracts

Sources: Commercial Contract (Haggar Corp), Commercial Contract (American Medical Technologies Inc/De), Commercial Contract (Haggar Corp)

ROLLBACK TAXES. If Seller changes the use of the Property before closing or if a denial of a special valuation on the Property claimed by Seller which results in the assessment of additional taxes, penalties, or interest (assessments) for periods before closing, the assessments will be the obligation of the Buyer. If this sale or ▇▇▇▇▇Buyer's use of the Property after closing results in additional assessments for periods before closing, the assessments will be the obligation of Buyer. This Paragraph 14B 13.B. survives closing.

Appears in 3 contracts

Sources: Auction Purchase & Sale Agreement, Auction Sale Purchase Contract, Auction Sale Purchase Contract

ROLLBACK TAXES. If Seller changes the use of the Property before closing or if a denial of a special valuation on the Property claimed by Seller results in the assessment of additional taxes, penalties, or interest (assessments) for periods before closing, the assessments will be the obligation of the BuyerSeller. If this sale or ▇▇▇▇▇'s Buyer’s use of the Property after closing results in additional assessments for periods before closing, the assessments will be the obligation of Buyer. This Paragraph 14B 15B survives closing.

Appears in 2 contracts

Sources: Commercial Contract (Ricks Cabaret International Inc), Commercial Contract (Ricks Cabaret International Inc)

ROLLBACK TAXES. If Seller changes the use of the Property before closing or if a denial of a special valuation on the Property claimed by Seller which results in the assessment of additional taxes, penalties, or interest (assessments) for periods before closing, the assessments will be the obligation of the BuyerSeller. If this sale or ▇▇▇▇▇Buyer's use of the Property after closing results in additional assessments for periods before closing, the assessments will be the obligation of Buyer. This Paragraph 14B survives closing.12.B.

Appears in 2 contracts

Sources: Real Estate Sale Contract, Real Estate Sale Contract

ROLLBACK TAXES. If Seller changes the use of the Property before --------------- closing or if a denial of a special valuation on the Property claimed by Seller results in the assessment of additional taxes, penalties, or interest (assessments) for periods before closing, the assessments will be the obligation of the BuyerSeller. If this sale or ▇▇▇▇▇Buyer's use of the Property after closing results in additional assessments for periods before closing, the assessments will be the obligation of Buyer. This Paragraph 14B 13B survives closing.

Appears in 1 contract

Sources: Improved Property Commercial Contract (Ricks Cabaret International Inc)

ROLLBACK TAXES. If if Seller changes the use of the Property before closing or if a denial of a special valuation on the Property claimed by Seller results in the assessment of additional taxes, penalties, or interest (assessmentsassessment_) for periods before closing, the assessments will be the obligation of the BuyerSeller. If this sale or ▇▇▇▇▇'s use of the Property after closing results in additional assessments for periods before closing, the assessments will be the obligation of Buyer. This Paragraph 14B 13B survives closing.

Appears in 1 contract

Sources: Commercial Contract

ROLLBACK TAXES. If Seller changes Sellers change the use of the Property Properties before closing or if a denial of a special valuation on the Property Properties claimed by Seller Sellers results in the assessment of additional taxes, penalties, or interest (assessments) for periods before closing, the assessments will be the obligation of the BuyerSellers. If this sale or ▇▇▇▇▇'s Buyer’s use of the Property Properties after closing results in additional assessments for periods before closing, the assessments will be the obligation of Buyer. This Paragraph 14B 15B survives closing.

Appears in 1 contract

Sources: Commercial Contract (Ricks Cabaret International Inc)

ROLLBACK TAXES. If Seller changes the use of the Property before closing or if a denial of a special valuation on the Property claimed by Seller results in the assessment of additional taxes, penalties, or interest (assessments) for periods before closing, the assessments will be the obligation of the BuyerSeller. If this sale or ▇▇▇▇▇Buyer's use of the Property after Proper▇▇ ▇fter closing results in additional assessments for periods before closing, the assessments will be the obligation of Buyer. This Paragraph 14B survives closing.

Appears in 1 contract

Sources: Commercial Contract Improved Property (Aei Income & Growth Fund 23 LLC)