Taxing Authorities and Amounts Sample Clauses

Taxing Authorities and Amounts. (1) until the commencement of the tax fiscal years set forth in subparagraph
Sample 1
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Taxing Authorities and Amounts. (1) Until the commencement of the tax fiscal years set forth in subparagraph (2) below, the Company shall continue to pay all appropriate taxing authorities all taxes due as if the Agency did not have an interest in the Project. As set forth below, the total payments in lieu of taxes required under this PILOT Agreement are allocated among the affected tax jurisdictions in proportion to the amount of real property tax and other taxes which would have been received by each affected tax jurisdiction had the Project not been tax exempt due to the status of the Agency. Thereafter, the Company shall make payments in lieu of taxes to all appropriate taxing authorities on the land and buildings constituting the Project, in accordance with this section. For each taxing authority, such payments in lieu of taxes shall have a component and a variable component. The land component shall be based upon the then current tax rate for the then current tax fiscal year applied against the then current assessed valuation of the non-depreciable portion of all tax parcels comprising the Project (assessed as land). The variable component shall be based upon the then current tax rate applied against a variable portion of then current assessed valuation of the depreciable portion of all tax parcels comprising the Project (assessed as buildings or other improvements).
Sample 1
Taxing Authorities and Amounts. (1) Until the commencement of the tax fiscal years set forth in subparagraph (a) hereof, the Company shall continue to pay all appropriate taxing authorities all taxes due as if the Agency did not have an interest in the Project. As set forth below, the total payments in lieu of taxes required under this PILOT Agreement are allocated among the affected tax jurisdictions in proportion to the amount of real property tax and other taxes which would have been received by each affected tax jurisdiction had the Project not been tax exempt due to the status of the Agency. Thereafter, the Company shall make payments in lieu of taxes to all appropriate taxing authorities on the land and buildings constituting the Project (SBL # 6.15-1-47.21), as more particularly described on Schedule “A” attached hereto and made a part hereof, in accordance with this section. For each taxing authority, such payments in lieu of taxes shall have: (i) a component which shall be based upon the then current tax rate for the then current tax fiscal year applied against the pre-Project assessed value of all tax parcels comprising the Project, which pre- Project assessed value is $669,866.00 (as such amount may be adjusted upward to reflect any increases in overall assessments to a full value basis) (the “Pre-Project Assessment”) which Pre-Project Assessment shall be increased to the amount as shown on Schedule “B”; and (ii) a variable component which shall be based upon the then current tax rate applied against the difference between the then current assessed valuation of all tax parcels comprising the Project (the “Full Assessed Value”) and the Pre-Project Assessment, then in effect. For the periods of time indicated below, the Company shall make the indicated payments in lieu of taxes to the indicated taxing authorities:
Sample 1

Related to Taxing Authorities and Amounts

  • Tax Returns Except as set forth on Schedule 3.13:

  • Legal Authorities The CMPPA establishes procedural requirements for agencies to follow when engaging in computer-matching activities.

  • Tax Returns and Payments Each of the Company and each of its Subsidiaries has timely filed all tax returns (federal, state and local) required to be filed by it. All taxes shown to be due and payable on such returns, any assessments imposed, and all other taxes due and payable by the Company or any of its Subsidiaries on or before the Closing, have been paid or will be paid prior to the time they become delinquent. Except as set forth on Schedule 4.13, neither the Company nor any of its Subsidiaries has been advised:

  • Studies and Reports All copies in the Seller’s possession of studies and/or reports which have previously been performed in connection with or for the Property, including without limitation, environmental reports, soils studies, seismic studies, physical inspection reports, site plans and surveys, and identification of such studies of which the Seller is aware but that are not in their possession;

  • Preparation of Tax Returns The General Partner shall arrange for the preparation and timely filing of all returns of Partnership income, gains, deductions, losses and other items required of the Partnership for federal and state income tax purposes and shall use all reasonable efforts to furnish, within ninety (90) days of the close of each taxable year, the tax information reasonably required by Limited Partners for federal and state income tax reporting purposes.

  • COMPLAINTS AND INVESTIGATIONS 1. This article applies to complaints or allegations made externally and not from normal supervisory activities.

  • Tax gross-up (a) Each Obligor shall make all payments to be made by it without any Tax Deduction, unless a Tax Deduction is required by law.

  • Informational Tax Reporting The Assuming Institution agrees to perform all obligations of the Failed Bank with respect to Federal and State income tax informational reporting related to (i) the Assets and the Liabilities Assumed, (ii) deposit accounts that were closed and loans that were paid off or collateral obtained with respect thereto prior to Bank Closing, (iii) miscellaneous payments made to vendors of the Failed Bank, and (iv) any other asset or liability of the Failed Bank, including, without limitation, loans not purchased and Deposits not assumed by the Assuming Institution, as may be required by the Receiver.

  • CORRUPT GIFTS AND PAYMENTS OF COMMISSION 31.1 The Contractor shall not do (and warrants that in entering the Contract it has not done) any of the following:

  • AUTHORITIES This agreement is entered into pursuant to the following authorities:

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