Common use of Property Taxes and Assessments Clause in Contracts

Property Taxes and Assessments. All real and personal property taxes and assessments, if any, for the year in which Closing occurs shall be prorated between the Parties as of the Closing Date, and all prior years' taxes, assessments, and interest, if any, shall either be exempt or paid in full by Seller at or prior to Closing.

Appears in 4 contracts

Samples: Parking and Access Rights Agreement, Purchase Agreement, Purchase Agreement

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Property Taxes and Assessments. All real and personal property taxes and assessments, if any, for the year in which Closing occurs shall be prorated between the Parties as of the Closing Date, and all prior years' taxes, assessments, interest and interestother charges, if any, shall either be exempt or paid in full by Seller the City at or prior to Closing.

Appears in 1 contract

Samples: Redevelopment Agreement

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