Tax Abatements. Subparagraph 2(b) of the Lease is hereby amended to read in its entirety as follows:
Tax Abatements. Seller has received no written notice (that remains uncured) from any governmental agency asserting a violation under or the termination of any existing tax abatement for any Project, which tax abatement agreements are in full force and effect.
Tax Abatements. The Tax Abatement Agreement (as hereinafter defined); and
Tax Abatements. Cold Summit is permitted to seek to be exempt from real and personal property taxes that may be assessed relative to the Real Estate.
Tax Abatements. The Transferred Area may be designated by Lockport as an Industrial Development District pursuant to 1974 PA 198, as amended, or 1998 PA 328. The Transferred Area shall not be made part of any tax increment financing area, authority, or similar taxing jurisdiction during the Term or any Renewal Term of this Agreement. Except as otherwise provided in Section 3.2 for personal property, any tax abatements, incentives, or other similar city or statutory mechanisms that impact the collection of taxes for Lockport shall have no bearing on the amount of taxes due and owing to Park under Section 3.2.
Tax Abatements. The Developer is permitted to seek to be exempt from real and personal property taxes that may be assessed relative to the Property as a result of real and personal property improvements made to the Property that are provided for outside of the terms of this Agreement.
Tax Abatements. In the event that Tenant, because of public policy, contractual agreement with any taxing jurisdiction, or law, is exempt from payment of taxes or any portion thereof, or is entitled to an abatement or reduction of taxes as a result thereof, and such exemption, abatement, or reduction results in an exemption, abatement, or reduction of taxes for the Premises, then to the full extent of such exemption, abatement or reduction, the amounts paid by Tenant for taxes shall be equally reduced. In the event the Premises qualifies for other enhancement benefits from any taxing jurisdiction, or any municipal, county, state or federal instrumentality, governmental or quasi-governmental agency, department or authority on account of Tenant's execution of this Lease, construction of improvements in the Premises, or additional jobs resulting from Tenant's operations in the Demised Premises, then such enhancement benefits shall inure to the sole benefit of Tenant, except to the extent of taxes assessed against the Premises, as provided hereinafter. Landlord shall cooperate with Tenant in Tenant's efforts to qualify for, and receive, any such tax exemptions, tax abatements, tax reductions and enhancement benefits. Notwithstanding any tax. concessions or benefits accruing to Tenant as a result of its use and occupancy of the Premises, Tenant shall reimburse Landlord for all taxes assessed against the Premises during the term of the Lease or any extensions thereof.
Tax Abatements. From and after the date hereof, the Company and each Subsidiary shall use commercially reasonable efforts to cooperate with Parent and its Affiliates to take any actions that are reasonably necessary to ensure that, from and after the Closing, the Company and its Subsidiaries (and any successor entities) continue to benefit from any Tax benefits and/or Tax incentives under, and not be in default under, Tax abatement or other agreement listed on Section 3.19(a)(vii) of the Company Disclosure Letter, including by filing any notices, applications or reapplications that may be required by the applicable Governmental Entity party thereto.
Tax Abatements. Except as set forth in Schedule 4.01(f), the -------------- ---------------- Seller has not commenced any proceedings which are pending for the reduction of the assessed valuation of any of the Real Property or Fixtures and Tangible Personal Property or any part thereof for any of the Facilities.
Tax Abatements. Tenant may elect to seek certain abatements of any of the Tax Expenses which may be imposed upon the Tenant Improvements. Xxxxxxxx agrees at Xxxxxx’s request to reasonably cooperate with Xxxxxx in any abatement proceedings at no out-of-pocket expense to Landlord and requiring only minimal time by Landlord’s personnel and, subject to Landlord’s prior approval, execute such documents which may be legally necessary in connection with any such abatement request.