Proration of Taxes. Payment of any and all state and local real property and personal property taxes levied on the property and not otherwise provided for in this Agreement shall be prorated between the parties as of the closing of any transaction on the basis of a thirty (30) day month.
Appears in 3 contracts
Samples: Mining Lease and Option to Purchase Agreement, Mining Lease and Option to Purchase Agreement (Max Resource Corp.), Mining Lease and Option to Purchase Agreement (Max Resource Corp.)
Proration of Taxes. Payment of any and all state and local real property and personal property taxes levied on the property Surface of the Property and not otherwise provided for in this Agreement shall be prorated between the parties as of the closing of any transaction on the basis of a thirty (30) day month.
Appears in 2 contracts
Samples: Geothermal Lease Agreement (Nevada Geothermal Power Inc), Geothermal Lease Agreement (Nevada Geothermal Power Inc)
Proration of Taxes. Payment of any and an all state and local real property and personal property taxes levied on the property Surface of the Property and not otherwise provided for in this Agreement shall be prorated between the parties as of the closing of any transaction on the basis of a thirty (30) day month.
Appears in 1 contract
Samples: Geothermal Lease Agreement (Nevada Geothermal Power Inc)
Proration of Taxes. Payment of any and all state and local real property and personal property taxes taxies levied on the property and not otherwise provided for in this Agreement shall be prorated between the parties as of the closing of any transaction on the basis of a thirty (30) day month.
Appears in 1 contract
Samples: Mining Sublease and Option to Purchase Agreement (Entourage Mining LTD)
Proration of Taxes. Payment of any and all state and local real property and personal property taxes levied on the property Property and not otherwise provided for in this Agreement shall be prorated between the parties as of the closing of any transaction on the basis of a thirty (30) day month.
Appears in 1 contract
Samples: Exploration and Mining Lease and Option to Purchase Agreement (Tombstone Exploration Corp)
Proration of Taxes. Payment of any and all state and local real property and personal property taxes levied on the property Property, if any, and not otherwise provided for in this Agreement shall be prorated between the parties as of the closing of any transaction on the basis of a thirty (30) day month.
Appears in 1 contract
Samples: Mining Lease and Option to Purchase Agreement (Ioneer LTD)