Delinquent Taxes. In the event that the Owner allows its ad valorem tax obligation relating to any property located within Duval County to become delinquent, and fails to timely and properly follow the legal procedures for their protest and/or contest, then at County’s sole discretion this Agreement shall terminate and/or the Abatement of the taxes for the tax year of the delinquency shall be forfeited. The total taxes assessed without Abatement shall be paid within sixty (60) days from the date of such termination or forfeiture.
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Samples: Tax Abatement Agreement, Tax Abatement Agreement, Tax Abatement Agreement