Abatement Period means the period during which all or a portion of the value of real property or tangible personal property that is the subject of a tax abatement agreement is exempt from taxation.
Abatement Period means the period of time defined or set out in the citation for correction of a violation.
Abatement Period means the period that begins on the Commencement Date and ends on the day immediately prior to the 4-month anniversary of the Commencement Date. During the Abatement Period, Tenant shall pay to Landlord: (i) Tenant’s Share of Janitorial Expenses; (ii) utilities as set forth in Section 6; and (iii) all other amounts due Landlord with the exception of Fixed Rent.
Examples of Abatement Period in a sentence
No later than March 1 of each year of the Abatement Period, Medistar and Xxx must certify in writing to the City that each is in compliance with each applicable terms of this Agreement and the City Guidelines and, if not in compliance, the steps Medistar and XXX intend to take to be in compliance or a statement from Medistar and XXX explaining in reasonable detail why compliance cannot be achieved.
Medistar shall receive the Abatement commencing on the Effective Date of the Abatement and continuing for Abatement Period.
During the Abatement Period, the Facility shall be leased to XXX and used consistent with the general purpose of encouraging development or redevelopment within the Reinvestment Zone.
More Definitions of Abatement Period
Abatement Period has the meaning set forth in section 3.03 below.
Abatement Period means the ten-year period described in Paragraph IV(B)(1) of this Agreement during which the Abatement will apply.
Abatement Period means that time span between the official notification to a property owner of the re- quirement to cease, alter, modify, decrease or remove any building, structure or use that is nonconforming or illegal, and the final date given by which the property owner shall make such change. (Ord. 1971 § 2, 2005)
Abatement Period means the ten-year period during which period the Abatement applies beginning on the earlier of (a) January 1 of the first Calendar Year after the COD or (b) January 1 of the Calendar Year within which Owner delivers to County a Notice of Abatement Commencement (as defined below) and ending upon the conclusion of ten (10) full Calendar Years thereafter.
Abatement Period shall have the meaning as set forth in Section 5.1.2.
Abatement Period has the meaning ascribed to it in Section 4 of this Agreement.
Abatement Period means the 14-day period, beginning upon service of a notice of violation, within which abatement by a responsible person is required to be completed.