Common use of Possessory Interest and Property Taxation Clause in Contracts

Possessory Interest and Property Taxation. Under this Agreement a possessory interest subject to property taxation may be created. Pursuant to California Revenue and Taxation Code Section 107.6 and Government Code Section 53340.1, notice is hereby given that such possessory interest may be subject to property taxation and special taxation pursuant to Chapter 25, Division 2 of the Government Code (Xxxxx Xxxx Community Facilities Act of 1982), and that the party in whom the possessory interest is vested may be subject to the payment of property taxes and special taxes levied on such interest. Lessee shall pay any and all taxes, assessments, and other charges of whatsoever character that may be levied or charged upon Lessee's interest as herein may be created, improvements, operations, or right to use the Leased Premises.

Possessory Interest and Property Taxation. Under this Agreement a possessory interest subject to property taxation may be created. Pursuant to California Revenue and Taxation Code Section 107.6 and Government Code Section 53340.1, notice is hereby given that such possessory property interest may be subject to property taxation and special taxation pursuant to Chapter 25, Division 2 of the Government Code (Xxxxx Xxxx Community Facilities Act of 1982), and that the party in whom the possessory interest is vested may be subject to the payment of property taxes and special taxes levied on such interest. Lessee Concessionaire shall pay any and all taxes, assessments, and other charges of whatsoever character that may be levied or charged upon Lessee's Concessionaire’s interest as herein may be created, improvements, operations, or right to use the Leased Assigned Premises.

Possessory Interest and Property Taxation. Under this Agreement Agreement, a possessory interest subject to property taxation may be created. Pursuant to California Revenue and Taxation Code Section 107.6 and Government Code Section 53340.1, notice is hereby given that such possessory property interest may be subject to property taxation and special taxation pursuant to Chapter 25, Division 2 of the Government Code (Xxxxx Xxxx Community Facilities Act of 1982), and that the party in whom the possessory interest is vested may be subject to the payment of property taxes and special taxes levied on such interest. Lessee Concessionaire shall pay any and all taxes, assessments, and other charges of whatsoever character that may be levied or charged upon Lessee's Concessionaire’s interest as herein may be created, improvements, operations, or right to use the Leased Premises.

Possessory Interest and Property Taxation. Under this Agreement a possessory interest subject to property taxation may be created. Pursuant to California Revenue and Taxation Code Section 107.6 and Government Code Section 53340.1, notice is hereby given that such possessory interest may be subject to property taxation and special taxation pursuant to Chapter 25, Division 2 of the Government Code (Xxxxx Xxxx Community Facilities Act of 1982), and that the party in whom the possessory interest is vested may be subject to the payment of property taxes and special taxes levied on such interest. Lessee Contractor shall pay any and all applicable taxes, assessments, and other charges of whatsoever character that may be levied or charged upon LesseeContractor's interest as herein may be created, improvements, operations, or right to use of the Leased Contractor's Assigned Premises.