Common use of Possessory Interest Taxes Clause in Contracts

Possessory Interest Taxes. Licensee recognizes and understands that this Agreement may create a possessory interest subject to property taxation levied on such interest. Licensee agrees to pay promptly, prior to delinquency, all such taxes, if any, directly to the tax collector.

Possessory Interest Taxes. Licensee recognizes and understands that this Agreement may create a possessory interest subject to property taxation levied on such interest. Licensee agrees to pay promptly, prior to delinquency, all such taxes, if any, directly to the tax collector. City.

Possessory Interest Taxes. Licensee expressly recognizes and understands that this Agreement may create a possessory interest subject to property taxation taxes, and that Licensee may be subject to the payment of property taxes levied on upon such interest. Licensee agrees to pay promptly, prior to delinquency, all such taxes, if any, directly to the tax collector.