Common use of Penalties for Failure to Pay Clause in Contracts

Penalties for Failure to Pay. At the option of the County, if any Payment is due and unpaid on or after July 1 following the due date, this Agreement may be terminated and all County real property taxes for the preceding taxable year shall be immediately due and payable.

Appears in 4 contracts

Samples: Payment in Lieu of Taxes Agreement, Payment in Lieu of Taxes Agreement, Payment in Lieu of Taxes Agreement

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