Local Taxes. At all times during the Term of this Agreement, property, both real and personal, owned or operated by the Company shall be treated as taxable, and all applicable real estate and personal property taxes for that property shall be paid either directly by the Company or by its landlord and neither the Company nor its landlord shall object or otherwise challenge the taxability of such property and shall not seek a non-profit or agricultural exemption or reduction with respect to such taxes. Notwithstanding the foregoing, (i) if real or personal property owned, leased or operated by the Company is determined to be non-taxable or partially non-taxable, or (ii) if the value of such property is abated with the effect of reducing or eliminating the tax which would otherwise be paid if assessed at fair cash value as defined in X.X. x. 59, §38, or (iii) if the Company is determined to be entitled or subject to exemption with the effect of reducing or eliminating the tax which would otherwise be due if not so exempted, then the Company shall pay to the Town an amount which when added to the taxes, if any, paid on such property, shall be equal to the taxes which would have been payable on such property at fair cash value and at the otherwise applicable tax rate, if there had been no abatement or exemption; this payment shall be in addition to the payment made by the Company under Section 2 of this Agreement.
Local Taxes. Broker is responsible for any county or municipal occupational or privilege fee, tax or license which may be required of Broker or Representatives as a result of business submitted hereunder.
Local Taxes. For the avoidance of doubt, Local Taxes shall continue to be allocated among the members of the Groups in accordance with the relevant Tax Allocation Agreements. In the event that the FHI Group ceases to be included in a Unitary Group, any Local income Taxes in respect of the Unitary Group Straddle Period shall be allocated on a “closing of the books” basis by assuming that the books of the members of the Unitary Group were closed at the end of the date on which the FHI Group ceased to be part of the Unitary Group, applying concepts similar to those of Treasury Regulations Section 1.1502-76.
Local Taxes. At all times during the Term of this Agreement, property, both real and personal, owned or operated by the Company shall be treated as taxable, and all applicable real estate and personal property taxes for that property shall be paid either directly by the Company or by its landlord and neither the Company nor its landlord shall object or otherwise challenge the taxability of such property and shall not seek a non-profit or agricultural exemption or reduction with respect to such taxes; however, nothing in this provision shall prohibit the Company from appealing any assessment made on its property. Notwithstanding the foregoing, (i) if real or personal property owned, leased or operated by the Company is determined to be non-taxable or partially non-taxable, or (ii) if the value of such property is abated with the effect of reducing or eliminating the tax which would otherwise be paid if assessed at fair cash value as defined in X.X. x. 59, §38, or (iii) if the Company is determined to be entitled or subject to exemption with the effect of reducing or eliminating the tax which would otherwise be due if not so exempted, then the Company shall pay to the Town an amount which when added to the taxes, if any, paid on such property, shall be equal to the taxes which would have been payable on such property at fair cash value and at the otherwise applicable tax rate, if there had been no abatement or exemption; this payment shall be in addition to the payment made by the Company under Section 2 of this Agreement. The Company, its assignee, nominee, or successor thereof, shall remit to the Town the full mill rate of its assessed property value in accordance with the standard property taxation schedule of the Town. The Company agrees to register all vehicles used in connection with the Delivery/Courier/Transportation Facility in Norton and to pay motor vehicle excise taxes on such vehicles to the Town. All vehicles will be parked in designated areas on the property and in accordance with CCC regulations. The fleet will be comprised of hybrid vehicles.
Local Taxes. For purposes of State and County ad valorem property taxation, the County agrees that the Facility Site and all improvements thereon will be assessed at their fair market value in the same manner as comparable commercial and industrial properties located in the County. To the extent allowed by law, all vehicles and equipment owned by the Company and based at the Facility will be registered and taxed in the usual manner in Xxxxxxxx County.
Local Taxes. At all times during the Term of this Agreement, property, both real and personal, owned or operated by the Company shall be treated as taxable, and all applicable real estate and personal property taxes for that property shall be paid either directly by the Company or by its landlord and neither the Company nor its landlord shall object or otherwise challenge the taxability of such property and shall not seek a non-profit or agricultural exemption or reduction with respect to such taxes; however, nothing in this provision shall prohibit the Company from appealing any assessment made on its property. Notwithstanding the foregoing, (i) if real or personal property owned, leased or operated by the Company is determined to be non-taxable or partially non-taxable, or (ii) if the value of such property is abated with the effect of reducing or eliminating the tax which would otherwise be paid if assessed at fair cash value as defined in X.X. x. 59, §38, or (iii) if the Company is determined to be entitled or subject to exemption with the effect of reducing or eliminating the tax which would otherwise be due if not so exempted, then the Company shall pay to the Town an amount which when added to the taxes, if any, paid on such property, shall be equal to the taxes which would have been payable on such property at fair cash value and at the otherwise applicable tax rate, if there had been no abatement or exemption; this payment shall be in addition to the payment made by the Company under Section 2 of this Agreement.
Local Taxes. MIS Account accepts full responsibility for the collection and/or payment of any taxes as may be required in connection with any of the business operations conducted by it hereunder, and MIS Account shall hold General Motors LLC harmless in connection with any claims or demands made upon MIS Account or General Motors LLC by authorities in connection with the collection and/or payment of any such taxes, including, without limitation, stamp taxes, sales and use taxes, personal property taxes, value added taxes, and income taxes.
Local Taxes. Operator shall not object or otherwise challenge the taxability of its owned property, as long as the valuation is fair and reasonable and consistent with other commercial properties within the Town and shall not seek a non-profit exemption from paying such taxes and that, notwithstanding the foregoing, in the event the Operator files as a non-profit:
Local Taxes. At all times during the Term of this Agreement, property, both real and personal, shall be treated as taxable, and all applicable real estate and personal property taxes for that property shall be paid directly by the Developer, and the Developer shall not object or otherwise challenge the taxability of such property and shall not seek a non-profit or agricultural exemption or reduction with respect to such taxes. The Developer hereby certifies and agrees that the taxable value of the Facility shall be no less than One Hundred Dollars ($100.00) per square foot of interior space, including without limitation cultivation space, storage areas, warehousing areas, office space, kitchen and sanitary facilities or any other interior space, whether or not climate controlled or conditioned. (“Minimum Taxable Value”). The Minimum Taxable Value shall increase annually by two and one half percent (2½%). If, in any year, and for any reason, the assessed value of the Property and the Facility are less than the Minimum Taxable Value, the Developer agrees to pay to the Town a true-up payment in an amount equal to the difference between the real property taxes assessed and the amount that would be due were the assessment based upon the Minimum Taxable Value (“Minimum Taxable Value True Up Payment”). The Minimum Taxable Value True Up Payment shall be paid no later than September 1 following the close of the municipal fiscal year for which the Minimum Taxable Value True Up Payment is due.
Local Taxes. The membership fee is exclusive of any applicable local taxes. If local taxes are applied, the member will be liable. GENERAL DEFINITIONS Certain words in this Agreement have a specific meaning. They have this specific meaning wherever they appear in this Agreement. Member Member means YOU and any other contracted person within your organisation or specifically listed as such.
