Possessory Interest Tax. Pursuant to Section 107.6 of the State Revenue and Taxation Code the City hereby gives notice that the property interest to Tenant under this Lease may be subject to property taxation as a possessory interest and the Tenant acknowledges that it shall be subject to payment of property tax if a possessory interest tax is levied on the property interest.
Appears in 8 contracts
Samples: Assignment and Assumption of Lease Agreement, Lease Agreement, Lease Agreement
