Common use of Taxes and Assessment Clause in Contracts

Taxes and Assessment. The Department shall pay or cause to be paid all lawful taxes that may be levied at any time upon any interest the Department may have under this Ground Lease (including both the Site and the Improvements after the Effective Date). The Participating County and the Department each represent and acknowledge that neither Party believes or expects that its respective interests in the Site are subject to payment of property taxes. The Department shall have the right to contest the validity of any levy or tax assessment levied upon the Department’s interest in the Site.

Appears in 8 contracts

Samples: Easement Agreement, Easement Agreement, Project Delivery and Construction Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.