Common use of No change in Tax Classification Clause in Contracts

No change in Tax Classification. Developer agrees that it will not take any action to change, or otherwise allow, the classification of the Property for property tax purposes to become other than residential property and to be taxed as such under Iowa law.

Appears in 2 contracts

Samples: Development Agreement by And, Development Agreement by And

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No change in Tax Classification. Developer agrees and Employers agree that it they will not take any action to change, or otherwise allow, the classification of the Property for property tax purposes to become other than residential commercial property and to be taxed as such under Iowa law.

Appears in 1 contract

Samples: Development Agreement by And

No change in Tax Classification. Developer Xxxxxxxxx agrees that it will not take any action to change, or otherwise allow, the classification of the Property for property tax purposes to become other than residential property and to be taxed as such under Iowa law.

Appears in 1 contract

Samples: Development Agreement by And

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No change in Tax Classification. Developer agrees and Expansion Property Purchaser agree that it they will not take any action to change, or otherwise allow, the classification of the Property for property tax purposes to become other than residential commercial property and to be taxed as such under Iowa law.

Appears in 1 contract

Samples: Development Agreement by And

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