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 Not Applicable and shall terminate on Not Applicable.

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 Not Applicable December 15, 2020 and shall terminate on Not ApplicableDecember 15, 2040.

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 Not Applicable November 17, 2021 and shall terminate on Not ApplicableNovember 17, 2041.

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 Not Applicable January 31, 2024, and shall terminate on Not ApplicableJanuary 31, 2044.

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 Not Applicable June 22, 2020 and shall terminate on Not ApplicableJune 22, 2040.

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 Not Applicable May 9, 2024, and shall terminate on Not ApplicableMay 9, 2044.

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 Not Applicable July 28, 2020 and shall terminate on Not ApplicableJuly 28, 2040.

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 Not Applicable May 24, 2021 and shall terminate on Not ApplicableMay 24, 2041.

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 Not Applicable May 14, 2024, and shall terminate on Not ApplicableMay 14, 2044.