Common use of Property Tax Clause in Contracts

Property Tax. “Property Tax” means any Tax resulting from and relating to the assessment of real or personal property or a possessory interest in real or personal property by any Governmental Authority.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (Arizona Public Service Co), Purchase and Sale Agreement (El Paso Electric Co /Tx/), Purchase and Sale Agreement (Pinnacle West Capital Corp)

AutoNDA by SimpleDocs

Property Tax. Property Tax" means any Tax resulting from and relating to the assessment of real or personal property or a possessory interest in real or personal property by any Governmental Authority.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Pinnacle West Capital Corp)

AutoNDA by SimpleDocs

Property Tax. “Property Tax” means any Tax resulting from and relating to imposed on the assessment value of real or personal property or a possessory interest in real or personal property assessed by any Governmental Authority.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Public Service Co of New Mexico)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!