Common use of Loss of Exemption Clause in Contracts

Loss of Exemption. Upon the occurrence of a Cessation Date, the Facility Realty shall be deemed automatically restored to the tax rolls, whether or not procedurally such restoration has in fact occurred, and the Lessee shall pay Real Estate Taxes with respect to the Facility Realty from and after such Cessation Date.

Appears in 15 contracts

Samples: Agency Lease Agreement, Agency Lease Agreement, Agency Lease Agreement

AutoNDA by SimpleDocs

Loss of Exemption. Upon the occurrence of a the Cessation Date, the Facility Realty shall be deemed automatically restored to the tax rolls, whether or not procedurally such restoration has in fact occurred. From and after the Cessation Date, and the Lessee shall pay Real Estate Property Taxes with in respect to of the Facility Realty from (and after such Cessation Datenot the PILOT Amount).

Appears in 2 contracts

Samples: Agency Lease Agreement, Agency Lease Agreement

Loss of Exemption. Upon the occurrence of a Cessation Date, the Facility Realty shall be deemed automatically restored to the tax rolls, whether or not procedurally such restoration has in fact occurred, and the Lessee shall pay Real Estate Taxes with respect to the Facility Realty from and after such Cessation Date.

Appears in 1 contract

Samples: Agency Lease Agreement

Loss of Exemption. Upon the occurrence of a Cessation Date, the Facility Realty shall be deemed automatically restored to the tax rolls, whether or not procedurally such restoration has in fact occurred, and the Lessee shall pay Real Estate Taxes with respect to the Facility Realty from and after such Cessation Date.. Appendix B Section 5.4 of the Agency Lease

Appears in 1 contract

Samples: Uniform Project Agreement

AutoNDA by SimpleDocs

Loss of Exemption. Upon the occurrence of a Cessation Date, the Facility Realty shall be deemed automatically restored to the tax rolls, whether or not procedurally such restoration has in fact occurred, and the Lessee shall pay Real Estate Taxes with respect to the Facility Realty from and after such Cessation Date.. Appendix B

Appears in 1 contract

Samples: Uniform Project Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.