Ad Valorem Taxes definition

Ad Valorem Taxes means ad valorem property taxes, special assessments, local improvement district levies and other levies assessed against the System, Equipment Stations, Equipment Sites, System Electronics or the Right of Way.

Ad Valorem Taxes means ad valorem real property taxes and assessments, special or otherwise, levied upon or with respect to the Premises by any Governmental Authorities.

Ad Valorem Taxes means any real property, personal property, ad valorem or other similar Tax imposed on a periodic basis on or with respect to the Transferred Assets.

Examples of Ad Valorem Taxes in a sentence

• If Ad Valorem Taxes due on the Facility become delinquent, it shall be an Event of Default under this Agreement (which is not cured within the allowable time period).

• Permittee also shall be responsible for timely payment of any Ad Valorem Taxes or other taxes and fees levied against the Permittee’s Attachments or other of Permittee’s property or equipment located on the Company Facilities or the Company Right-of-Way that are billed directly to Permittee by the taxing authority.

• Grantee shall ensure that Ad Valorem Property Taxes it owes to the City, if any, related to the Facility shall be current and in good standing throughout the Term of the Agreement; provided, however, Grantee retains the right to timely and properly protest and contest any such Ad Valorem Taxes due and so long as Grantee is timely and properly protesting or contesting the same, it shall not constitute an Event of Default under this Agreement.

• The amount of general Ad Valorem Taxes for the Land and the Building will be determined by the Director in the same manner and according to the same statutory procedure as general ad valorem taxes are determined, using the valuations determined by the County Appraiser of Johnson County, Kansas (the "County Appraiser"), under the same laws, rules and procedures for which real and personal property taxes are determined for all taxpayers within the taxing jurisdiction(s).

More Definitions of Ad Valorem Taxes

Ad Valorem Taxes or “ad valorem taxation” means all property taxes imposed on real or personal property (including fixtures) and eligible for exemption pursuant to the Abatement Statute.

Ad Valorem Taxes means all those real property ad valorem taxes which are required to be paid to the County based on the assessed value of the Property. Ad Valorem Taxes include those taxes paid into the County Operation and Maintenance Fund and the County Debt Fund, but specifically excludes the payment into the County Road and Bridge Fund.

Ad Valorem Taxes means all ad valorem taxes levied by cities, towns and

Ad Valorem Taxes means the property taxes assessed by County on realty and personalty located within Xxxxxx County.

Ad Valorem Taxes has the meaning specified in Section 2.07(a).

Ad Valorem Taxes means any real property, personal property, or other similar Taxes levied with respect to the Acquired Assets.

Ad Valorem Taxes means those ad valorem property taxes assessed by the Commissioners Court for and on behalf of Bexar County, and shall not include taxes levied by the Commissioners Court for and on behalf of the Bexar County Hospital District operating as University Health System, the Bexar County Flood Control District, or any other taxing entity.