Common use of Property Tax Abatement Clause in Contracts

Property Tax Abatement. The abatement of property taxes imposed pursuant to NRS chapter 361 shall be equal to 55 percent of the taxes on real and personal property payable by Owner on the Facility each year. This abatement shall commence December 15, 2020 and shall terminate on December 15, 2040.

Appears in 1 contract

Samples: energy.nv.gov

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Property Tax Abatement. The abatement of property taxes imposed pursuant to NRS chapter 361 shall be equal to 55 percent of the taxes on real and personal property payable by Owner on the Facility each year. This abatement shall commence December 15, 2020 Not Applicable and shall terminate on December 15, 2040Not Applicable.

Appears in 1 contract

Samples: Abatement Agreement

Property Tax Abatement. The abatement of property taxes imposed pursuant to NRS chapter 361 shall be equal to 55 percent of the taxes on real and personal property payable by Owner on the Facility each year. This abatement shall commence December 15July 28, 2020 and shall terminate on December 15July 28, 2040.

Appears in 1 contract

Samples: energy.nv.gov

Property Tax Abatement. The abatement of property taxes imposed pursuant to NRS chapter 361 shall be equal to 55 percent of the taxes on real and personal property payable by Owner on the Facility each year. This abatement shall commence December 15January 31, 2020 2024, and shall terminate on December 15January 31, 20402044.

Appears in 1 contract

Samples: Abatement Agreement

Property Tax Abatement. The abatement of property taxes imposed pursuant to NRS chapter 361 shall be equal to 55 percent of the taxes on real and personal property payable by Owner on the Facility each year. This abatement shall commence December 15May 24, 2020 2021 and shall terminate on December 15May 24, 20402041.

Appears in 1 contract

Samples: Agreement

Property Tax Abatement. The abatement of property taxes imposed pursuant to NRS chapter 361 shall be equal to 55 percent of the taxes on real and personal property payable by Owner on the Facility each year. This abatement shall commence December 15June 22, 2020 and shall terminate on December 15June 22, 2040.

Appears in 1 contract

Samples: energy.nv.gov

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Property Tax Abatement. The abatement of property taxes imposed pursuant to NRS chapter 361 shall be equal to 55 percent of the taxes on real and personal property payable by Owner on the Facility each year. This abatement shall commence December 15November 17, 2020 2021 and shall terminate on December 15November 17, 20402041.

Appears in 1 contract

Samples: Agreement

Property Tax Abatement. The abatement of property taxes imposed pursuant to NRS chapter 361 shall be equal to 55 percent of the taxes on real and personal property payable by Owner on the Facility each year. This abatement shall commence December 15May 14, 2020 2024, and shall terminate on December 15May 14, 20402044.

Appears in 1 contract

Samples: Agreement

Property Tax Abatement. The abatement of property taxes imposed pursuant to NRS chapter 361 shall be equal to 55 percent of the taxes on real and personal property payable by Owner on the Facility each year. This abatement shall commence December 15May 9, 2020 2024, and shall terminate on December 15May 9, 20402044.

Appears in 1 contract

Samples: Agreement

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