Real and Personal Property Taxes. During the term of this Agreement, TRC shall pay all ad valorem and real property taxes and assessments levied upon, assessed against or relating to the Property and all taxes and assessments levied or assessed upon or against the personal property of TRC or Owner located on or about the Property; provided, that TRC may credit all such taxes paid by it against any and all payments to Owner.
Appears in 3 contracts
Samples: Mineral Lease Agreement (Timberline Resources Corp), Mineral Lease Agreement (Timberline Resources Corp), Mineral Lease Agreement (Timberline Resources Corp)
Real and Personal Property Taxes. During the term of this Agreement, TRC shall pay all ad valorem and real property taxes and assessments levied upon, assessed against or relating to the Property and all taxes and assessments levied or assessed upon or against the personal property of TRC or Owner located on or about the Property; provided, that TRC may credit all such taxes paid by it against any and all payments to Owner.
Appears in 1 contract
Samples: Mineral Lease Agreement (Timberline Resources Corp)
