Examples of Tax Payment Dates in a sentence
If the amounts then on deposit in the Company Project Cost Subaccount are less than the amount of the Design Phase Payment, then the Town shall pay the Company, within thirty (30) days following each of the subsequent Tax Payment Dates, amounts then on deposit in the Company Project Cost Subaccount until the full amount of the Design Phase Payment has been paid to the Company.
If the amounts then on deposit in the Company Project Cost Subaccount are less than the amount of the Construction Phase Payment, then the Town shall also pay the Company, within thirty (30) days following each of the subsequent Tax Payment Dates, the amounts then on deposit in the Company Project Cost Subaccount until the full amount of the Construction Phase Payment has been paid to the Company.
If the amounts then on deposit in the Company Project Cost Subaccount are less than the amount of the Easement Payment, then the Town shall pay the Company, within thirty (30) days following each of the subsequent Tax Payment Dates, amounts then on deposit in the Company Project Cost Subaccount until the full amount of the Easement Payment has been paid to the Company.
A proportionate decrease in the Taxes set forth in Schedule A for the next succeeding Semiannual Tax Payment Date and all subsequent Semiannual Tax Payment Dates shall be made based on the decreased amount per year for each megawatt (“MW”), or a portion thereof, of the rated summer capacity below 5 MWs as a result of such destruction, demolition and/or Decommissioning.
For this purpose, 25 percent (or, in the case of Taxable Periods of less than one year, one divided by the number of Estimated Tax Payment Dates in such Period) of Tax Benefits as then estimated for the applicable Taxable Period shall be deemed to accrue and the applicable percentage thereof set forth in the preceding sentence shall be paid at each Estimated Tax Payment Date.
Lessor pays its annual federal income and state and local franchise or income taxes on quarterly estimated payment dates in accordance with the following schedule: 25% of the total income taxes for each year is paid on each April 15, June 15, September 15 and December 15 of the year with respect to which such taxes are imposed ("Estimated Tax Payment Dates") and (C) Lessor will compute its taxable income under the accrual method of accounting.
On or about the start of each Comparison Year, Landlord shall furnish to Tenant a Statement of the Taxes setting forth the dates on which Landlord is obligated under law or to a Mortgagee or Lessor to pay Taxes in respect of such Comparison Year (the "Tax Payment Dates"), with the percentage of Taxes payable on each Tax Payment Date.