Common use of Property Tax Assessment Clause in Contracts

Property Tax Assessment. There are no special assessments levied against the Properties except as appear on the last available tax statement. Notwithstanding any other provision of this Agreement to the contrary, if Buyer shall become liable after the Closing for payment of any property taxes assessed against any of the Properties for the period of time prior to the Closing, Tenant shall pay such taxes in a timely manner directly to the taxing authority.

Appears in 1 contract

Samples: Purchase Agreement (Par Pacific Holdings, Inc.)

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Property Tax Assessment. There are no special assessments levied against the Properties except as appear on the last available tax statement. Notwithstanding any other provision of this Agreement to the contrary, if Buyer shall become liable after the Closing for payment of any property taxes assessed against any of the Properties for the any period of time prior to the Closing, Tenant Seller shall pay discharge such taxes in a timely manner directly to the taxing authoritytax assessment.

Appears in 1 contract

Samples: Purchase Agreement (Realty Income Corp)

Property Tax Assessment. There are no special assessments levied against the Properties Property except as appear on the last available tax statement. Notwithstanding any other provision of this Agreement to the contrary, if Buyer shall become liable after the Closing for payment of any property taxes assessed against the Property for any of the Properties for the period of time prior to the Closing, Tenant Seller shall immediately pay to Buyer on demand an amount equal to such taxes in a timely manner directly to the taxing authoritytax assessment.

Appears in 1 contract

Samples: Real Estate Purchase Agreement (Superior Uniform Group Inc)

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Property Tax Assessment. There are no special assessments levied against the Properties except as appear on the last available tax statement. Notwithstanding any other provision of this Agreement to the contrary, if Buyer shall become liable after the Closing for payment of any property taxes assessed against any of the Properties for the any period of time prior to the Closing, Tenant Seller shall immediately pay to Buyer on demand an amount equal to such taxes in a timely manner directly to the taxing authoritytax assessment.

Appears in 1 contract

Samples: Purchase Agreement (NPC International Inc)

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