PAYMENT IN LIEU OF TAXES AGREEMENT Sample Clauses

PAYMENT IN LIEU OF TAXES AGREEMENT. THIS PAYMENT IN LIEU OF TAXES AGREEMENT (this “Agreement”), made as of August 1, 2022, by and among XXXXXXXX XXXXX AT FARMINGDALE, LLC, a limited liability company organized and existing under the laws of the State of New York and authorized to do business in the State of New York, having an office at 000 Xxxxxxxxxxx Xxxx, Xxxxxxxxx, XX 00000 (the “Obligor” or “Company”) and the NASSAU COUNTY INDUSTRIAL DEVELOPMENT AGENCY, a corporate governmental agency constituting a body corporate and politic and a public benefit corporation of the State of New York, having an office at Xxx Xxxx Xxxxxx, Xxxxxxx, XX 00000 (the “Agency”). Capitalized terms used but not otherwise defined herein shall have the meanings given to them in the Lease Agreement (as hereinafter defined).
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PAYMENT IN LIEU OF TAXES AGREEMENT. This Agreement is entered into this day of , 2016, by and between University of Northwestern–St. Xxxx., a Minnesota non-profit corporation (“Northwestern”), and the City of Arden Hills, Minnesota, a Minnesota statutory city (the “City”).
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PAYMENT IN LIEU OF TAXES AGREEMENT. THIS PAYMENT IN LIEU OF TAXES AGREEMENT (this "Agreement") is entered into as of the day of , 2013, by and among CN Associates, LLC, a Kansas limited liability company ("CN Associates"), Teva Neuroscience, Inc., a, Delaware corporation (the "Company"), Teva Pharmaceuticals USA, Inc., a Delaware corporation ("Teva USA") and the City of Overland Park, Kansas, a municipal corporation duly organized, existing, and constituted under and by virtue of the Constitution and laws of the State of Kansas (the "City").
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PAYMENT IN LIEU OF TAXES AGREEMENT. THIS PAYMENT IN LIEU OF TAXES AGREEMENT (this “Agreement”), made as of June 1, 2022, by and among CORNERSTONE WESTBURY LLC, a limited liability company organized and existing under the laws of the State of Delaware and authorized to do business in the State of New York, having an office at 000 Xxxxxxxx Xxxx, Second Floor, Farmingdale, NY 11735 (the “Obligor” or “Company”) and the NASSAU COUNTY INDUSTRIAL DEVELOPMENT AGENCY, a corporate governmental agency constituting a body corporate and politic and a public benefit corporation of the State of New York, having an office at Xxx Xxxx Xxxxxx, Xxxxxxx, XX 00000 (the “Agency”). Capitalized terms used but not otherwise defined herein shall have the meanings given to them in the Lease Agreement (as hereinafter defined).
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Related to PAYMENT IN LIEU OF TAXES AGREEMENT

  • Payment of Taxes The Company shall from time to time promptly pay all taxes and charges that may be imposed upon the Company or the Warrant Agent in respect of the issuance or delivery of shares of Common Stock upon the exercise of the Warrants, but the Company shall not be obligated to pay any transfer taxes in respect of the Warrants or such shares of Common Stock.

  • Payments Free of Taxes Any and all payments by or on account of any obligation of any Loan Party under any Loan Document shall be made without deduction or withholding for any Taxes, except as required by applicable law. If any applicable law (as determined in the good faith discretion of an applicable Withholding Agent) requires the deduction or withholding of any Tax from any such payment by a Withholding Agent, then the applicable Withholding Agent shall be entitled to make such deduction or withholding and shall timely pay the full amount deducted or withheld to the relevant Governmental Authority in accordance with applicable law and, if such Tax is an Indemnified Tax, then the sum payable by the applicable Loan Party shall be increased as necessary so that after such deduction or withholding has been made (including such deductions and withholdings applicable to additional sums payable under this Section) the applicable Recipient receives an amount equal to the sum it would have received had no such deduction or withholding been made.

  • Treatment of Taxes Except as otherwise provided in the Loan Agreement, the proceeds of the Loan may be withdrawn to pay for taxes levied by, or in the territory of, the Borrower or the Guarantor on the goods or services to be financed under the Loan, or on their importation, manufacture, procurement or supply. Financing of such taxes is subject to the Bank’s policy of requiring economy and efficiency in the use of the proceeds of its loans. To that end, if the Bank shall at any time determine that the amount of any taxes levied on or in respect of any item to be financed out of the proceeds of the Loan is excessive or otherwise unreasonable, the Bank may, by notice to the Borrower, adjust the percentage for withdrawal set forth or referred to in respect of such item in the Loan Agreement as required to be consistent with such policy of the Bank.”

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