Common use of Taxability of Possessory Interest Clause in Contracts

Taxability of Possessory Interest. Without limiting the foregoing, Xxxxxx recognizes and agrees that this Lease may create a possessory interest subject to property taxation and that Tenant may be subject to the payment of property taxes levied on such interest.

Taxability of Possessory Interest. Without limiting the foregoing, Xxxxxx Tenant recognizes and agrees that this Lease may create a possessory interest subject to property taxation and in that event, Tenant may will be subject required to the payment of property pay possessory interest taxes levied on such interest.

Taxability of Possessory Interest. Without limiting the foregoing, Xxxxxx Tenant recognizes and agrees that this Lease may create a possessory interest subject to property taxation and that Tenant may be subject to the payment of property taxes levied on such interest.