Common use of Taxability of Possessory Interest Clause in Contracts

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

Appears in 2 contracts

Samples: Lease, Lease

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

Appears in 2 contracts

Samples: Lease, Lease

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

Appears in 1 contract

Samples: Lease

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