New Exemption definition

New Exemption means the exemption from real property taxation provided hereunder with respect to the Exemption Area.
New Exemption means the exemption from real property taxation provided hereunder.
New Exemption has the meaning attributed to it in Clause 12.3(i) (Tax Gross-Up);

More Definitions of New Exemption

New Exemption means the exemption from real property taxation, commencing on the Effective Date, provided hereunder with respect to the Exemption Area.
New Exemption means the exemption from real property taxation
New Exemption means the program of exemption from and abatement of real property taxation authorized pursuant to Section 577 of Article XI of the Private Housing Finance Law.

Related to New Exemption

  • Prior Exemption means the existing tax exemption of the Exemption Area pursuant to Section 421-a(1-15) of the Real Property Tax Law.