Periodic Taxes definition

Periodic Taxes means Taxes imposed on a periodic basis that are not based upon or related to income or receipts. Periodic Taxes include property Taxes and similar Taxes.

Periodic Taxes has the meaning set forth in Section 8.1.

Periodic Taxes is defined in Section 14.5.

Examples of Periodic Taxes in a sentence

• If the actual amounts to be prorated are not known as of the Closing Date, the prorations shall be made on the basis of Periodic Taxes assessed for the prior year; provided, however, for purposes of calculating such prorated amounts, such Periodic Taxes for the prior year shall be increased by five percent (5%).

• All Periodic Taxes relating to the periods beginning after the Closing Date shall be allocated solely to the Purchaser.

• All Periodic Taxes relating to periods ending on or before the Closing Date shall be allocated solely to the Sellers.

• All Periodic Taxes relating to the periods beginning on or after the Closing Date shall be allocated solely to Purchaser.

• If the actual amounts to be prorated are not known as of the Closing Date, then the prorations shall be made on the basis of Periodic Taxes assessed for the prior year.

More Definitions of Periodic Taxes

Periodic Taxes has the meaning set forth in Section 9.3.

Periodic Taxes has the meaning set forth in Section 5.2(b).

Periodic Taxes is defined in Section 10.5.

Periodic Taxes is defined in Section 6.1(d).

Periodic Taxes means all real estate, property or other ad valorem Taxes that are imposed on a periodic basis.

Periodic Taxes means property and similar ad valorem Taxes imposed on a periodic basis with respect to the assets of the Company Group; provided, however, that Periodic Taxes shall not include any Taxes based on income, payroll or receipts, or imposed in connection with the sale or other transfer of property, including for the avoidance of doubt, Transfer Taxes.

Periodic Taxes has the meaning assigned to such term in Section 7.1(b).