Common use of Future Application Clause in Contracts

Future Application. A portion or all of the Property and/or Improvements may be eligible for complete or partial exemption from ad valorem taxes as a result of existing law or future legislation. This Agreement shall not be construed as evidence that such exemptions do not apply.

Future Application. A portion or all of the Property Land and/or Required Improvements may be eligible for complete or partial exemption from ad valorem taxes as a result of existing law or future legislation. This Agreement shall not be construed as evidence that such exemptions do not applyapply to the Land and/or Required Improvements.

Future Application. A portion or all of the any Property and/or the corresponding Improvements may be eligible for complete or partial exemption from ad valorem taxes as a result of existing law or future legislation. This Agreement shall not be construed as evidence that such exemptions do not apply.