Accrued Taxes. Payment of any and all state and local real and personal property taxes on the Premises not otherwise provided for herein shall be prorated between the parties as of the closing date upon a thirty day month.
Accrued Taxes. Since December 31, 2011, the Company has only incurred liabilities for Taxes in the Ordinary Course of Business.
Accrued Taxes. Payment of any and all state and local real and personal property taxes on the Premises not otherwise provided for herein shall be prorated between the parties as of the closing date upon a thirty day month. Lessee shall pay all taxes levied against the Premises during the term of this Agreement. If Owner receives tax bills or claims which are the responsibility of Lessee hereunder, the same shall be promptly forwarded to Lessee for appropriate action. Lessee shall provide Owners with copies of receipts within two weeks of payment of such taxes.
Accrued Taxes. If any Taxes have not been paid with respect to the Real Property for a particular Tax Period which includes a period before the Closing, then Seller shall pay to Purchaser at the Closing an amount equal to the Taxes which would be payable for such Tax Period assuming the millage or tax rate used to determine the most recently paid Taxes and the value most recently assessed by applicable tax authorities for which all contests and appeals have expired (“Assumed Taxes”), prorated for the number of days before the Closing during such Tax Period for which such Taxes have not been paid. After the Closing, (A) if the actual Taxes (determined after the expiration of all contests and appeals) are greater than the Assumed Taxes for such Tax Period, then Seller shall pay to Purchaser the amount of such difference, prorated for the number of days before the Closing during such Tax Period for which such Taxes have not been paid, and (B) if the actual Taxes (determined after the expiration of all contests and appeals) are less than the Assumed Taxes for such Tax Period, then Purchaser shall pay to Seller the amount of such difference, prorated for the number of days before the Closing during such Tax Period for which such Taxes have not been paid.
Accrued Taxes. As used in this definition of “Current Liabilities,” the accounting items identified by capitalized terms above shall consist of only the accounting components set forth under each such term on Schedule 1.01, which correspond to the accounting components of the same name included and identified within the applicable line items in the Balance Sheet. For the avoidance of doubt, (i) “
Accrued Taxes. With respect to any periods for which Tax Returns have not yet been required to be filed or for which Taxes are not yet due and payable, Corporation has only incurred liabilities for Taxes in the Ordinary Course and in a manner and at a level consistent with prior periods. Tax returns, reports, elections, designations and any other filings required to be filed for any period ending up to the Closing Date will correctly be prepared and duly and timely filed by Vendors.
Accrued Taxes. With respect to any periods for which Tax Returns have not yet been required to be filed or for which Taxes are not yet due and payable, each of the Companies has only incurred liabilities for Taxes in the ordinary course of business and in a manner and at a level consistent with prior periods. The Closing Statement will contain (as an Accrued Liability) an adequate provision for the payment of all Taxes not yet due and payable in respect of all periods ending on or prior to the Closing Date.
Accrued Taxes. Since the Balance Sheet Date, the Companies have only incurred liabilities for Taxes in the Ordinary Course, other than any Taxes incurred by ADS with respect to the consummation of the Pre-Closing Reorganization.
Accrued Taxes. Since the Financial Statement Date, to the Knowledge of the Corporation, the Corporation has only incurred liabilities for Taxes arising in the ordinary course of business.
