Full Taxes definition

Full Taxes means the real property taxes that would be assessed and levied against the Unit and Landlord’s undivided interest in the Common Elements, or the owner thereof and the interest of Landlord therein, if the Unit and Landlord’s undivided interest in the Common Elements or the owner thereof were not exempt from such taxes, pursuant to (a) the provisions of Chapter 58 of the Administrative Code of The City of New York and Title 11, Chapter 2, of the Administrative Code of the City of New York, as the same may be amended from time to time, or (b) any statute or ordinance in lieu thereof or in addition thereto to the extent the charges imposed thereby are of a type customarily considered as real property taxes.
Full Taxes means all property taxes, not including Special District Charges, payable with respect to the Facility calculated in an amount equal to the amounts that would be paid if the Agency were not in title and no exemption was available. The Company agrees to pay any amended Agency invoice or statement relating to the payment of such Full Taxes, which may be provided on or after the date hereof.
Full Taxes means, for the year ending upon any anniversary of the Effective Date, the full amount of real property taxes that would have been due and owing in such year in the absence of any form of real property tax exemption, abatement, or other reduction.

Examples of Full Taxes in a sentence

  • On and after the Scheduled PILOT Conversion Date through the expiration of the term of this Lease, Tenant shall pay to Landlord an amount, per annum, equal to Full Taxes.

  • Except for Shelter Rent PILOT Agreements, the abatement shall be based upon a percentage of full taxes (e.g., year one, 60% abatement of Full Taxes, year two, 55% abatement of Full Taxes, Year 3 50% abatement of Full Taxes etc.).

  • Commercial at $332k Base)$822,528 (FMV for Added Value $2.4M) = $1,962,884.00 Estimated Full Taxes (est.

  • PILOT payments shall be no less than the Full Taxes paid in the City/School Tax year and County Tax year immediately preceding the City/School tax year and the County tax year in which the exemption is to take effect under the PILOT Agreement.

  • The following represents the Township’s most significant tax abatement agreements: PILOT Taxes if Billed Abated Program/Entity Name 2019 Billing in Full Taxes Low Income Housing PILOT Pond Run Housing$ 154,856.00 $ 295,476.74 $ 140,620.74Alvin E.


More Definitions of Full Taxes

Full Taxes means the real property taxes that would be assessed and levied against the Property, the owner thereof and the interest of Tenant therein, if the Property or the owner thereof were not exempt from such taxes, pursuant to (A) the provisions of Chapter 58 of the Administrative Code of The City of New York and Title 11, Chapter 2, of the Administrative Code of the City of New York, as the same may be amended from time to time, or (B) any statute or ordinance in lieu thereof or in addition thereto to the extent the charges imposed thereby are of a type customarily considered as real property taxes.
Full Taxes shall have the meaning set forth in the Unit Ground Lease.
Full Taxes means, with respect to any tax year, all real property taxes payable with respect to the Facility for such tax year, calculated with respect to the current tax year, without regard to the Agency’s leasehold interest in the Facility and as if no real property tax exemption was available hereunder. Estimated TAX PAYMENTS have been included for reference purposes only and are projections of what the TAX PAYMENTS may be in the future and are not to be used to determine the actual TAX PAYMENTS that are due and owing during the term of the Tax Agreement. * Does NOT include Special District Charges - City will send separate xxxx. New York State Department of Taxation and Finance New York State Sales and Use Tax XXX Agent or Project Operator Exempt Purchase Certificate Effective for projects beginning on or after June 1, 2014 This certificate is not valid unless all entries have been completed. ST-123 (7/14) Note: To be completed by the purchaser and given to the seller. Do not use this form to purchase motor fuel or diesel motor fuel exempt from tax. See Form FT-123, XXX Agent or Project Operator Exempt Purchase Certificate for Fuel. Name of seller Name of agent or project operator Xxxxxx View Xxxxxxxx #0 XXX Xxxxxx address Street address c/o National Resources, 485 West Xxxxxx Avenue City, town, or village State ZIP code City, town, or village Greenwich StateCT ZIP code 06830 Agent or project operator sales tax ID number (see instructions) Xxxx an X in one: Single-purchase certificate Blanket-purchase certificate (valid only for the project listed below) To the seller: You must identify the project on each xxxx and invoice for such purchases and indicate on the xxxx or invoice that the XXX or agent or project operator of the XXX was the purchaser. Project information Name of XXX City of Yonkers Industrial Development Agency Name of project Xxxxxx View Building #4 LLC Project XXX project number (use OSC number) 5507-21-06A Street address of project site * and any lands located in the City of Yonkers and occupied by license or eas 00 Xxxxx Xxx, 29 Xxxxx Ave, 00 Xxxxxxxxx Xxx Suite 105 and 106* during construction or improved by third parties for the benefit of the Project. City, town, or village Yonkers State NY ZIP code 10701 Enter the date that you were appointed agent or Enter the date that agent or project operator project operator (mm/dd/yy) ........................... 12 / 29 / 21 status ends (mm/dd/yy) ................................ 12 / 31 / 22 I certify...
Full Taxes means, with respect to any tax year, all real property taxes payable with respect to the Facility for such tax year, calculated with respect to the current tax year, without regard to the Agency’s leasehold interest in the Facility and as if no real property tax exemption was available hereunder.

Related to Full Taxes

  • Payroll Taxes means State Unemployment Insurance (SUI), Federal Unemployment Insurance (FUI), and payments pursuant to the Federal Insurance Contributions Act (FICA).

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

  • Transaction Payroll Taxes means all employer portion payroll or employment Taxes incurred in connection with any bonuses, option cash-outs or other compensatory payments in connection with the Transactions.

  • U.S. Taxes means any present or future tax, assessment or other charge or levy imposed by or on behalf of the United States of America or any taxing authority thereof or therein.

  • Base Taxes means the Taxes payable for the Base Tax Year.

  • Special Taxes means any and all present or future taxes, levies, imposts, deductions, charges or withholdings, or any liabilities with respect thereto, including those arising after the date hereof as result of the adoption of or any change in law, treaty, rule, regulation, guideline or determination of a Governmental Authority or any change in the interpretation or application thereof by a Governmental Authority but excluding, in the case of Lender, such taxes (including income taxes, franchise taxes and branch profit taxes) as are imposed on or measured by Lender’s net income by the United States of America or any Governmental Authority of the jurisdiction under the laws under which Lender is organized or maintains a lending office.

  • Additional Taxes means taxes, duties or other governmental charges imposed on the Trust as a result of a Tax Event (which, for the sake of clarity, does not include amounts required to be deducted or withheld by the Trust from payments made by the Trust to or for the benefit of the Holder of, or any Person that acquires a beneficial interest in, the Securities).

  • 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.

  • Employee Taxes means all taxes, assessments, charges and other amounts whatsoever payable in respect of, and measured by the wages of, the Vendor’s employees (or subcontractors), as required by the Federal Social Security Act and all amendments thereto and/or any other applicable federal, state or local law.

  • Tax or Taxes means any federal, state, provincial, local, foreign or other tax (including any income tax, franchise tax, capital gains tax, gross receipts tax, value-added tax, surtax, estimated tax, excise tax, ad valorem tax, transfer tax, stamp tax, sales tax, use tax, property tax, withholding tax or payroll tax), and any related fine, penalty or interest, imposed, assessed or collected by or under the authority of any governmental body, whether disputed or 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.

  • Foreign taxes means value-added taxes and custom duties assessed by a foreign government on a commodity. It does not include foreign sales taxes.

  • Sales Taxes has the meaning set forth in Section 3.2.

  • Non-Income Taxes means any Taxes other than Income Taxes.

  • Income Taxes means any Tax which is based upon, measured by, or calculated with respect to (i) net income or profits (including, but not limited to, any capital gains, gross receipts, value added or minimum Tax) or (ii) multiple bases (including, but not limited to, corporate franchise, doing business or occupation Taxes) if one or more of the bases upon which such Tax may be based, by which it may be measured, or with respect to which it may be calculated is described in clause (i) of this sentence.

  • value added tax means value added tax charged in accordance with the Value Added Tax Act 1994.

  • Actual Tax Liability means, with respect to any Taxable Year, the liability for Covered Taxes of the Corporation (a) appearing on Tax Returns of the Corporation for such Taxable Year and (b) if applicable, determined in accordance with a Determination (including interest imposed in respect thereof under applicable law).

  • Cash Taxes in respect of any fiscal period means amounts actually paid by the Companies in such fiscal period in respect of income and capital Taxes (whether relating to such fiscal period or any other fiscal period).

  • Pre-Tax Income means income, as determined by GAAP, prior to deduction of the Bonus Pool (as hereinafter defined) and income taxes, and if applicable, after the deduction of any bonus pool of a future officer bonus plan adopted by the Company relating to an applicable Award Year and adjustments approved by the Board as described herein.

  • Related Taxes means (i) any Taxes, including sales, use, transfer, rental, ad valorem, value added, stamp, property, consumption, franchise, license, capital, registration, business, customs, net worth, gross receipts, excise, occupancy, intangibles or similar Taxes and other fees and expenses (other than (x) Taxes measured by income and (y) withholding Taxes), required to be paid (provided such Taxes are in fact paid) by any Parent Entity by virtue of its:

  • Pre-Tax Earnings means the Corporation's earnings before income taxes as reported in the Company's Consolidated Income Statement for each fiscal year of the Performance Period, excluding any non-cash charge incurred in accordance with accounting principles generally accepted in the United States of America (GAAP) for any restricted stock or restricted stock unit awards granted during the Performance Period and all options, restricted stock and other equity compensation granted to Directors during the Performance Period.

  • Canadian Taxes has the meaning specified in Section 11.05.

  • Excise Taxes see Section 5.1.

  • council tax benefit means council tax benefit under Part 7 of the SSCBA; “couple” has the meaning given by paragraph 4;

  • Applicable Taxes means the Goods and Services Tax (GST), the Harmonized Sales Tax (HST), and any provincial tax, by law, payable by Canada such as, the Quebec Sales Tax (QST) as of April 1, 2013.

  • Excluded Taxes means any of the following Taxes imposed on or with respect to any Recipient or required to be withheld or deducted from a payment to a Recipient, (a) Taxes imposed on or measured by net income (however denominated), franchise Taxes, and branch profits Taxes, in each case, (i) imposed as a result of such Recipient being organized under the laws of, or having its principal office or, in the case of any Lender, its Lending Office located in, the jurisdiction imposing such Tax (or any political subdivision thereof) or (ii) that are Other Connection Taxes, (b) in the case of a Lender, U.S. federal withholding Taxes imposed on amounts payable to or for the account of such Lender with respect to an applicable interest in a Loan or Commitment pursuant to a law in effect on the date on which (i) such Lender acquires such interest in the Loan or Commitment (other than pursuant to an assignment request by the Borrower under Section 10.13) or (ii) such Lender changes its Lending Office, except in each case to the extent that, pursuant to Section 3.01(a)(ii), (a)(iii) or (c), amounts with respect to such Taxes were payable either to such Lender’s assignor immediately before such Lender became a party hereto or to such Lender immediately before it changed its Lending Office, (c) Taxes attributable to such Recipient’s failure to comply with Section 3.01(e) and (d) any U.S. federal withholding Taxes imposed pursuant to FATCA.