Base Tax Year definition

Base Tax Year means the property tax levy year used

Base Tax Year s Extension" means the product of the

Base Tax Year means the property tax levy year used to calculate the Budget Year allocation of primary State aid.

Examples of Base Tax Year in a sentence

• Base Tax Year: The first full calendar year following the Commencement Date.

• Taxes shall be calculated for the Base Tax Year and each Tax Comparative Year without taking into account any ICIP, ICAP or any other similar tax abatements, exemptions and/or incentives.

• As additional rent, Tenant will pay Tenant's Proportionate Share of increases in Property Taxes in excess of those Property Taxes payable with respect to or during the Base Tax Year.

• In any event, the taxes for any Base Tax Year for purposes hereof shall not be less than the average Property Taxes assessed upon the Building and Land for the first three years after the Commencement Date, without regard to abatement or moratorium or similar reduction.

• The Agency will be entitled to all Taxing Entity Tax Increment resulting from any increase(s) in the tax rate of the Taxing Entity’s tax levies that occur(s) after the Base Tax Year.

More Definitions of Base Tax Year

Base Tax Year means the July 1, 2011 – June 30, 2012 tax fiscal year.

Base Tax Year means the New York City fiscal tax year commencing on July 1, 2009 through June 30, 2010.

Base Tax Year as hereinafter set forth for the determination of real estate tax escalation shall mean the period commencing on July 1, 1997 and ending on June 30, 1998.

Base Tax Year means the Tax Year (as defined in Article 28 hereof) 1998/1999.

Base Tax Year means the fiscal year July 1, 2010 to June 30, 2011, inclusive;

Base Tax Year means an amount equal to the Taxes for the twelve (12) month period commencing on July 1, 2000.

Base Tax Year. The fiscal tax year ending June 30, 2000.