Possessory Interests Sample Clauses
Possessory Interests. Pursuant to Section 39-3-105, C.R.S., all real or personal property owned by Landlord is exempt from taxation. However, the parties acknowledge that Tenant’s occupancy and use of the Leased Premises pursuant to this Lease may be deemed to be a taxable possessory interest.
Possessory Interests. [RESERVED]
Possessory Interests. To Assignor’s actual knowledge, other than Seller and family members of Seller (all of whom will have vacated or will vacate the Property on the Closing Date), there are no persons in possession or occupancy of the Property or any part thereof, nor are there any persons who have possessory rights in respect to the Property or any part thereof, including, without limitation, a tenant under any oral or written lease or sign lease or any license affecting the Property.
Possessory Interests. Contractor shall be responsible for any real property taxes and/or assessments levied on Contractor’s possessory interests located on the Premises.
Possessory Interests. In addition, by executing this Permit and accepting the benefits thereof, a property interest may be created known as a “possessory interest.” If such possessory interest is created, Permittee, as the party in whom the possessory interest is vested, shall be subject to the payment of the property taxes levied upon such interest.
Possessory Interests. In accordance with the requirements of California Revenue and Taxation Code Section 107.6, the Tenant is hereby informed that this Lease may create a possessory interest in the Tenant that may be subject to property taxation and Tenant hereby represents, warrants and agrees to pay all such possessory interest tax when due and payable at its sole liability, cost and expense.