Scope of Exemption. In no event shall the Company be entitled to receive an exemption from Real Property Taxes relative to the Facility pursuant to Section 412-a of the RPTL for more than the periods provided for herein, unless the period is extended by amendment to this Tax Agreement executed by both parties after any applicable public hearings. The Company agrees that it will not seek any exemption from Real Property Taxes for the Facility while this Tax Agreement is in effect, which could provide benefits for more than the periods provided for herein and specifically agrees that the exemptions provided for herein, to the extent actually received (based on the number of lease years elapsed), supersede and are in substitution of the exemptions provided by Section 485-b of the RPTL. It is hereby agreed and understood that the Affected Tax Jurisdictions can rely upon and enforce the above waiver to the same extent as if they were signatories hereto.
Scope of Exemption. Pursuant to ORS 285C.409(1) and subject to Section II, the Company and its affiliates are entitled to exemption from ad valorem property tax with respect to all qualified property, whether leased or owned and whether tangible or intangible, of the Company and its affiliates used in connection with the development, construction, and operation of the Facility, including without limitation all subsequent Facility investments as described in OAR 123-690-6200.
Scope of Exemption. Landlord shall cooperate with, and make available to, Tenant in connection with the Tenant's Construction Work to be performed by Tenant or its contractors and their subcontractors, the exemption from Sales Taxes available to Landlord as a result of Landlord's ownership of the Property. In connection therewith, Landlord shall provide to Tenant, contemporaneously with the execution of this Lease, an appropriate letter setting forth the exemptions contained in this SECTION 3.3(a). The exemption from Sales Taxes described in this SECTION 3.3(a) shall not be made available to any Subtenant or with respect to any other work (other than to NYTC or its Related Entities as may be provided in a IDA Project Agreement). Tenant acknowledges and agrees that: (i) thexx shall be no exemption pursuant to this Lease from Sales Taxes or other similar taxes, other than the exemption relating to the Sales Tax Savings; (ii) except as may otherwise be available hereunder, no claim shall be made by Tenant or its contractors or their subcontractors for any such additional or other exemption relating to Sales Taxes; and (iii) if this Lease is terminated prior to the Commencement of Tenant's Construction Work, then upon such termination, Tenant shall pay to Landlord an amount equal to the total Sales Tax Savings realized by Tenant; PROVIDED, HOWEVER, that nothing in this sentence shall preclude any occupant of the Property from seeking sales tax or other benefits or shall obligate the Public Parties to make such benefits available.
Scope of Exemption. Pursuant to ORS 285C.409(1)(a) and (b) and subject to Section I, Big Beams is entitled to exemption from ad valorem property tax with respect to all qualified property owned by Big Beams and used in connection with the redevelopment of the property.
Scope of Exemption. This Agreement shall cover the Company’s interest in the Project Facility but shall not cover the interests of underlying landowners or improvements owned by underlying landowners. The Company will work with the Town assessor to separately identify the Project Facility using sub-parcels or separate parcels under the Town’s tax parcel identification system.
Scope of Exemption. This exemp- tion shall be narrowly construed. No other aspects of ADEA coverage or em- ployment benefits other than those specified in paragraph (b) of this sec- tion are affected by the exemption. Thus, for example, the exemption does not apply to the use of eligibility for Medicare or a comparable State health benefit plan in connection with any act, practice or benefit of employment not specified in paragraph (b) of this section. Nor does it apply to the use of the age of eligibility for Medicare or a comparable State health benefit plan in connection with any act, practice or benefit of employment not specified in paragraph (b) of this section. Appendix to § 1625.32—Questions and An- swers Regarding Coordination of Re- tiree Health Benefits With Medicare and State Health Benefits
Scope of Exemption. This exemption shall be narrowly construed. No other aspects of ADEA coverage or employ- ment benefits other than those speci- fied in paragraph (b) of this section are affected by the exemption. Thus, for example, the exemption does not apply
