Applicable Ad Valorem Taxes definition

Applicable Ad Valorem Taxes means any real property ad valorem taxes that, but for ownership of the Project Site and the Project by MDHA, would have been due and payable to the Metropolitan Government pursuant to Tenn. Code Xxx. § 67-5-102 with respect to the Project Site and the Project.
Sample 1Sample 2Sample 3
Applicable Ad Valorem Taxes means the sum of the City Applicable Ad Valorem Taxes and the County Applicable Ad Valorem Taxes.
Sample 1Sample 2
Applicable Ad Valorem Taxes means any ad valorem taxes on the Facility or the Equipment, as applicable, that, but for ownership of the Facility or the Equipment by the IDB, would have been due and payable by the Company to the County pursuant to T.C.A. § 67-5-102 or to the City pursuant to T.C.A. § 67-5- 103.
Sample 1

Examples of Applicable Ad Valorem Taxes in a sentence

  • Subject to the provisions of Section 3(c) through (g) hereof, during any period during the Term of this Agreement that a portion of the Project is not leased as provided in Section 3(b)(A) or (B), the amount of the Payments that the Company shall be required to make hereunder with respect to such portion of the Project shall be one hundred percent (100%) of the Applicable Ad Valorem Taxes for such portion of the Project.

  • In no event shall the Additional Payment plus the In Lieu of Tax Payment exceed 100% of the Applicable Ad Valorem Taxes.


More Definitions of Applicable Ad Valorem Taxes

Applicable Ad Valorem Taxes means any ad valorem taxes that, but for ownership of a project by a corporation, would have been due and payable pursuant to
Sample 1
Applicable Ad Valorem Taxes means the amount of ad valorem real property tax that, but for ownership of the Project by the Board, would have been due and payable to the Metropolitan Government with respect to the Project. Keystone shall be permitted to challenge the assessment of any real property that is then subject to the payment in lieu of tax arrangement authorized hereby in the same manner as if Keystone owned such property. In determining the Applicable Ad Valorem Taxes, the Company shall be entitled to any and all exemptions, credits, etc., to which it otherwise would be entitled were it the actual owner of the Project (or any applicable portion thereof).
Sample 1

Related to Applicable Ad Valorem Taxes

  • Incremental property taxes means the taxes as provided in Iowa Code sections 403.19 and 260E.4. “Industry” means a business engaged in interstate or intrastate commerce for the purpose of manufacturing, processing, or assembling products, conducting research and development, or providing services in interstate commerce, but excludes retail, health, or professional services. An industry is a business engaged in activities described as eligible in the Act rather than the generic definition encompassing all businesses in the state doing the same activities. An industry is considered to be a single, corporate entity or operating subdivision. An industry which closes or substantially reduces its operation in one area of the state of Iowa and relocates substantially the same operation in another area of the state is not eligible for a project. This definition does not prohibit a business from expanding its operations in another area of the state provided that existing operations of a similar nature are not

  • Connection Income Taxes means Other Connection Taxes that are imposed on or measured by net income (however denominated) or that are franchise Taxes or branch profits Taxes.

  • Taxes means all present or future taxes, levies, imposts, duties, deductions, withholdings (including backup withholding), assessments, fees or other charges imposed by any Governmental Authority, including any interest, additions to tax or penalties applicable thereto.

  • Sales Taxes means Alternative Revenues.

  • Local taxes means all taxes levied other than taxes levied for school operating purposes.

  • Seller Taxes has the meaning set forth in Section 11.1(f).