Taxability Sample Clauses
Taxability. The Employer will comply with applicable IRS regulations regarding taxing of Employer provided items.
Taxability. During the period that this tax abatement is effective, taxes shall be payable as follows:
(a) The value of Real Property, Eligible Property and Ineligible Property shall be fully taxable, including inventory and supplies;
(b) The value of existing Improvements shall be determined annually by the Central Appraisal District.
Taxability. During the period that this AGREEMENT is effective, taxes shall be payable as follows:
a. The value of Ineligible Property shall be fully taxable;
b. The Taxable Value of existing Eligible Property as determined each shall be fully taxable; and
c. The value of New Eligible Property shall be abated as set forth in Section 6, hereinabove.
Taxability. At issuance, the Program Bonds will be tax-exempt qualified mortgage bonds within the meaning of Section 143 of the Internal Revenue Code of 1986. If the Program Bonds do not satisfy the requirements of the foregoing sentence, then the HFA hereby certifies that it reasonably expects to have volume cap or alternative means of issuing tax-exempt bonds on a timely basis and in a manner which will permit the release of all Escrowed Proceeds (as defined below) by December 31, 2010, and will use its reasonable best efforts to obtain volume cap if necessary.
Taxability. For tax years beginning on or after the execution of the tax abatement agreement to the end of the agreement period taxes shall be payable as follows;
(1) the value of ineligible property as provided in Section 3(e) shall be fully taxable;
(2) the base year value of existing eligible property shall be fully taxable; and
(3) the value of eligible property shall be taxable in the manner described in Section 3(g).
Taxability. The Executive acknowledges that the Employer makes no representation with respect to the taxability or nontaxability of the benefits provided under this Section 3.
Taxability. During the period that this Agreement is effective, taxes shall be payable by the Owner as follows:
a. The value of Real Property (as land only) and Ineligible Property shall be fully taxable at all times.
b. The value of existing improvements, if any, and any Eligible Property existing in the reinvestment zone prior to the effective date of this Agreement, if any, shall be fully taxable based on their determined Certified Appraised Value.
c. Prior to commencement of the ten-year Abatement period, the Certified Appraised Value of all property owned by Owner located in the District shall be fully taxable at all times.
d. Beginning on January 1 of the first calendar year after the Certificate is delivered, the percentage of property taxes set forth in the table above on the Certified Appraised Value of all Eligible Property shall be abated for the entire ten-year abatement period.
e. After expiration of the ten-year abatement period, 100% of the Certified Appraised Value of all property owned by Owner located in the District shall be fully taxable at all times.
Taxability. On and after a Taxable Date for this Note, this Note shall bear interest at the Taxable Rate until such time as another interest rate shall apply pursuant to the terms hereof.
Taxability. The performance of this Agreement and the transactions contemplated herein will not affect the status of the interest on the Bonds as exempt from Federal income tax.
Taxability. (a) During the Abatement Period, taxes shall be payable as follows:
(1) The value of the land comprising the Property shall be fully taxable;
(2) The Base Year Value of any existing improvements to the Property shall be fully taxable;
(3) The value of Ineligible Property shall be fully taxable; and
(4) The Added Value of Eligible Property shall be abated as set forth in Section 6.
