TAXES, ASSESSMENTS AND FEES. 7 9.1 Responsibility for Payment of Taxes and Assessments 7 9.2 Definition of Taxes 7 9.3 Creation of Possessory Interest 7 ARTICLE 10 REPAIRS; MAINTENANCE 7
TAXES, ASSESSMENTS AND FEES. Lessee shall pay and discharge all taxes, assessments, and other fees without offset or abatement, whether general or special, ordinary or extraordinary, charged by any government or quasi-governmental entity relating to the Leased Premises and/or the Improvements thereto or located (situated) thereon and/or the activities taking place on the Leased Premises including, but not limited to, leasehold or possessory interest tax, personal Property, income, excise, or any other tax, assessment, or fee that is (or may be) levied, exacted, or imposed (or become due and owing) during the term of this Agreement.
TAXES, ASSESSMENTS AND FEES. Lessee agrees to pay when due and does hereby indemnify Lessor against, and hold Lessor harmless from, all licensing, filing and registration fees, franchise, sales, use, personal property, ad valorem, value added, leasing, stamp or other taxes, levies, import duties, charges or withholdings of any nature, including but not limited to all federal, state, and local taxes, however designated, levied or assessed, together with any penalties, fines or interest thereon (a) arising out of the transactions contemplated by this Master Lease, any Lease Schedule or relating in any manner to the Equipment and imposed against Lessor, Lessee, or the Equipment, (b) upon the sale, purchase, possession, lease, ownership, use, operation, shipment, transportation or delivery or other disposition thereof, or (c) upon the lease payments, excepting only income taxes levied on the rental payments made to Lessor. If any report or return for personal property tax is required by law to be filed by Lessor, Lessee shall so notify Lessor prior to the assessment date, and Lessee shall promptly reimburse Lessor for personal property taxes paid, including any interest, fines or penalties incurred as a result of late filing if Lessee fails to provide Lessor with the notice required hereby. Lessee shall promptly provide Lessor with a copy of any and all filings and tax assessment notices with respect to personal property tax and, if Lessee fails to do so, Lessor has the right to charge Lessee an assessment of an appropriate amount to insure against any tax liability. The Lessee agrees to comply with all state and local laws requiring the filing of ad valorem tax returns relating to the Equipment. Any statements for taxes received by the Lessor shall be promptly forwarded to the Lessee. Lessee agrees to reimburse Lessor for reasonable costs incurred in collecting taxes, assessments, or fees for which Lessee is liable and any collection charge attributable thereto, including reasonable attorney fees. LESSEE AGREES TO SHOW THE EQUIPMENT AS "LEASED EQUIPMENT" ON TAX RETURNS, AND FILE, WHEN ALLOWED BY LAW, ALL PERSONAL PROPERTY TAX RETURNS.
TAXES, ASSESSMENTS AND FEES. Lessee shall be solely responsible for the payment of all taxes, assessments, license fees or other charges that may be levied or assessed during the Term of this Lease upon or against any personal property or equipment located within or upon the Tiedown and/or the Space which is owned by, leased to or in the care, custody and control of Lessee, Additionally within thirty (30) days of the written demand from County, Lessee agrees to pay to County in addition to all other sums to be paid under this lease, all real property taxes or assessments or levies of any kind, which may be assessed against the leased premises during the term of this lease, in excess of those taxes assessed as of the date of this lease. Where the term of this lease does not coincide with the property tax year, then the amount of taxes will be prorated for the remaining portion of the lease year.
TAXES, ASSESSMENTS AND FEES. Tenants agree to pay all taxes including the possessory interest tax levied by Siskiyou County on hangar tenants. The Tenants record on January 1st of each year will be billed directly by County. Tenants shall be solely responsible for the payment of all taxes, assessments, license fees or other charges that may be levied or assessed during the term of this Agreement upon or against any real property, personal property or equipment located within the Hangar or upon the premises which is owned by, leased to or in the care, custody and control of Tenants.
TAXES, ASSESSMENTS AND FEES. (a) The term “
TAXES, ASSESSMENTS AND FEES. Xxxxxx agrees to pay all taxes including the possessory interest tax levied by Siskiyou County on hangar lessees. The Lessee of record on January 1st of each year will be billed directly by County. Lessee shall be solely responsible for the payment of all taxes, assessments, license fees or other charges that may be levied or assessed during the term of this Lease upon or against any real property, personal property or equipment located within or upon the Premises which is owned by, leased to or in the care, custody and control of Lessee.
TAXES, ASSESSMENTS AND FEES. 6.1 The terms of this Lease may result in the creation of a possessory interest. If such a possessory interest is vested in Lessee, Lessee shall pay, prior to delinquency, all taxes and assessments that may be levied upon or assessed against the Premises and all taxes and assessments of every kind and nature whatsoever arising in any way from the use, occupancy, or possession of the Premises or assessed against the improvements situated thereon. The City shall not be required to pay any taxes or assessments whatsoever that relate to or may be assessed against this Lease or the Premises, including but not limited to any buildings, improvements, structures, machines, appliances, or other improvements of any nature whatsoever, or on any interest therein.
TAXES, ASSESSMENTS AND FEES. Each Loan Party has timely filed all tax returns and reports required to have been filed and has paid all taxes due by it except such taxes as are being contested in good faith by appropriate proceedings for which adequate (in the good faith judgment of such Loan Party) reserves have been made (in accordance with GAAP) or such taxes the failure of which to pay could not reasonably be expected to have a Material Adverse Effect.
TAXES, ASSESSMENTS AND FEES. The Borrower has paid all taxes due except such taxes as are being contested in good faith for which adequate (in the good faith judgment of the Borrower) reserves have been made (in accordance with IAS) or such taxes the failure of which to pay could not reasonably be expected to have a Material Adverse Effect.
