Property and Other Taxes. No tax lien or other charge exists, or will exist upon consummation of the transactions contemplated hereby, with respect to the Property, except such tax liens for which the tax is not due. The copies of the real property tax bills for the Property for the current tax year which have been furnished or made available to the Acquirer are true and correct copies of all of the tax bills for such tax year actually received by the LLC or the LLC’s agents for the Property. No federal, state, local or foreign taxing authority has asserted any tax deficiency or other assessment against the Property. There are no assessments for public improvements or repairs made or pending against the Property (or any component thereof) which remain unpaid, including, without limitation, those for construction of sewer, water, gas and electric lines and mains, streets, roads, sidewalks and curbs and, to LLC’s knowledge, none has been proposed.
Property and Other Taxes. 15 15.1.1 The Interconnector shall use reasonable efforts to have any taxing authority 16 imposing any property taxes or other taxes (excluding any sales or use taxes) 17 or assessments on the Interconnection Facilities, impose such taxes or 18 assessments directly upon the Interconnector on the basis of its ownership 19 interest in the Interconnection Facilities. In the event such tax authorities hold 20 the ANPP Switchyard Participants liable for property taxes, voluntary 21 payments in lieu thereof in accordance with any ANPP Switchyard 22 Participant’s normal practices (“in lieu payments”), or other taxes (excluding 23 any sales, use, income, franchise, or gross receipts taxes), all such property 1 taxes (or in lieu payments) or other taxes will be billed to and paid by the
Property and Other Taxes. 22 10.1. Tenant's Property...............................................................22
Property and Other Taxes. In addition to the Annual Fixed Rent and other charges to be paid by Tenant hereunder, but without duplication of any Real Estate Taxes or Operating Costs payable by Tenant. Tenant shall reimburse Landlord, upon demand, for Tenant's Share of any and all taxes payable by Landlord (other than net income taxes) whether or not now customary or within the contemplation of the parties hereto: (1) upon, allocable to, or measured by the Rent payable hereunder, including without limitation, any gross receipts tax or excise tax levied by any governmental or taxing body with respect to the receipt of such Rent, or (2) upon or with respect to the possession, leasing, operation, management, maintenance, alteration, repair, use or occupancy by Tenant of all or any part of the Demised Premises; or (3) upon (i) the measured value of Tenant's personal property located in the Demised Premises or in any storeroom, garage or any other place in the Demised Premises or the Building, (ii) any and all fixtures and/or improvements in or to the Demised Premises which are owned by Tenant and/or constructed, installed and/or paid for by Tenant, it being the intention of Landlord and Tenant that, to the extent possible, any such taxes (real, personal or otherwise) shall be billed to and paid directly by Tenant. The parties will endeavor to cause the applicable taxing authority to itemize such taxes separately for the convenience of the parties but if unsuccessful, the Landlord shall reasonably itemize and allocate such taxes to be payable by Tenant. The Tenant shall pay all such taxes becoming due after the expiration of the Term of this Lease which are attributable to a portion of the term of this Lease. Any reimbursement referred to above shall be collected by Landlord as Additional Rent under this Lease.
Property and Other Taxes
