Ad Valorem Taxes definition
Examples of Ad Valorem Taxes in a sentence
Referendum Funds: No less than 2.5% of funds collected from the August 29, 2018 Referendum on a Question Regarding a Levy of Ad- Valorem Taxes for Essential Operating Expenses (“Referendum Funds”) in the Fiscal Year beginning on July 1, 2019, shall be designated for and distributed to eligible district employees in the BTU Education Support Professionals bargaining unit.
Buyer will be responsible for all Ad Valorem Taxes and interest that are applied to the Interests retroactively after the Effective Time.
Landlord agrees that to the extent that Landlord has collected any portion of such Ad Valorem Taxes from Tenant, Landlord shall pay or cause to be paid all such sums to the applicable taxing authorities on or before the applicable due date thereof to satisfy all applicable Ad Valorem Taxes, and the remainder shall be returned to Tenant in accordance with the foregoing terms.
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).
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.