Common use of Local Taxes Clause in Contracts

Local Taxes. At all times during the Term of this Agreement, property, both real and personal, owned or operated by the Company shall be treated as taxable, and all applicable real estate and personal property taxes for that property shall be paid either directly by the Company or by its landlord and neither the Company nor its landlord shall object or otherwise challenge the taxability of such property and shall not seek a non-profit or agricultural exemption or reduction with respect to such taxes; however, nothing in this provision shall prohibit the Company from appealing any assessment made on its property. Notwithstanding the foregoing, (i) if real or personal property owned, leased or operated by the Company is determined to be non-taxable or partially non-taxable, or (ii) if the value of such property is abated with the effect of reducing or eliminating the tax which would otherwise be paid if assessed at fair cash value as defined in X.X. x. 59, §38, or (iii) if the Company is determined to be entitled or subject to exemption with the effect of reducing or eliminating the tax which would otherwise be due if not so exempted, then the Company shall pay to the Town an amount which when added to the taxes, if any, paid on such property, shall be equal to the taxes which would have been payable on such property at fair cash value and at the otherwise applicable tax rate, if there had been no abatement or exemption; this payment shall be in addition to the payment made by the Company under Section 2 of this Agreement. The Company, its assignee, nominee, or successor thereof, shall remit to the Town the full mill rate of its assessed property value in accordance with the standard property taxation schedule of the Town. The Company agrees to register all vehicles used in connection with the Delivery/Courier/Transportation Facility in Norton and to pay motor vehicle excise taxes on such vehicles to the Town. All vehicles will be parked in designated areas on the property and in accordance with CCC regulations. The fleet will be comprised of hybrid vehicles.

Local Taxes. not included in Xxxxxx’x HCA At all times during the Term of this Agreement, property, both real and personal, owned or operated by the Company shall be treated as taxable, and all applicable real estate and personal property taxes for that property shall be paid either directly by the Company or by its landlord landlord, and neither the Company nor its landlord shall object or otherwise challenge the taxability of such property and shall not seek a non-profit or agricultural exemption or reduction with respect to from paying such taxes; however, nothing in this provision shall prohibit the Company from appealing any assessment made on its property. Notwithstanding the foregoing, (i) if real or personal property owned, leased or operated by the Company is determined to be non-taxable or partially non-taxable, a determination of which the Company agrees not to seek at any time during this Agreement, or (ii) )* if the value of such property is abated with the effect of reducing or eliminating the tax which would otherwise be paid if assessed at fair cash value as defined in X.X. x. 59, §38, or (iii) if the Company is determined to be entitled or subject to exemption with the effect of reducing or eliminating the tax which would otherwise be due if not so exempted, then the Company shall pay to the Town an amount which when added to the taxes, if any, paid on such property, shall be equal to the taxes which would have been payable on such property at fair cash value and at the otherwise applicable tax rate, if there had been no abatement or exemption; this payment shall be in addition to the payment made by the Company under Section 2 (“Annual Payments”) of this Agreement. The Company, Nothing in this section shall in anyway limit or prevent the Company from challenging the valuation of its assignee, nominee, property before the Board of Assessors or successor thereof, shall remit at the Appellate Tax Board. All taxes and charges owed to the Town the full mill rate of its assessed property value in accordance with the standard property taxation schedule of the Townmust be paid on a current basis. The Company agrees to register all vehicles used in connection with the Delivery/Courier/Transportation Facility in Norton and to pay motor vehicle excise taxes on such vehicles to the Town. All vehicles will be parked in designated areas Town may place a lien on the property and in accordance with CCC regulations. The fleet will be comprised of hybrid vehiclesany person who has an outstanding balance due the Town from any fee, charge or tax, which balance is at least six (6) months past due.