Property Tax Claims definition

Property Tax Claims means collectively: (a) every Property Tax Administrative Claim; (b) every Prepetition Date Secured Tax Claim; and (c) every Post- Effective Date Secured Tax Claim.
Property Tax Claims means a claim of a governmental unit for taxes owing with respect to real or personal property owned by the Debtors, including ad valorem taxes, which claim may be but is not necessarily secured by the real or personal property on which the tax is owing.
Property Tax Claims means all amounts owed to the State of Florida, or any of its political subdivisions, on account of real property taxes assessed against the Waters Edge Property, prior to the closing date of October 16, 2009.

Examples of Property Tax Claims in a sentence

  • Administrative Expenses and Priority Claims, other than Property Tax Claims, have not been classified, and are excluded from the following Classes in accordance with section 1123(a)(1) of the Bankruptcy Code.

  • Any remaining Allowed, unpaid Property Tax Claims will be paid from the Claims Payment Fund (defined in Sections 5.02 C and D) with the statutory rate interest of 12% per annum in accordance with 11 U.S.C. §§ 511 and 1129(a)(9)(C).

  • The liabilities transferred to the PCT shall include, but not necessarily be limited to, Priority Tax Claims, Other Priority Non-Tax Claims, Property Tax Claims, Other Secured Claims, PACA/PASA Claims, FSA liability, General Unsecured Claims (solely for purposes of resolution), Convenience Claims and certain Administrative Claims that have not been satisfied on the Effective Date of the Plan, other than the Administrative Claims of Fleming Convenience.

  • In consideration for their contributions to the Plan, including payment of the Real Property Tax Claims and the funds in the amount of $2,400,000 to be paid by them on the Closing Date to BFSB, the Holders of the Membership Interests shall retain such Membership Interests.

  • Holders of Allowed Real Property Tax Claims (Class 1) and Allowed Other Secured Claims (Class 4) are deemed to have accepted the Plan.

  • Real Property Tax Claims are any Claims arising from taxes secured by a Lien on the Debtor’s Property.

  • The Property Tax Claims asserted against the Debtor have been filed as secured claims.

  • All distributions on account of Allowed Real Property Tax Claims from the Consummation Account shall be made by the Debtors.

  • Notwithstanding the foregoing, Parent shall not waive or terminate, or cause to be terminated, any right to indemnification under the MarCap Escrow Agreement without the Designated Monitor’s prior written consent; provided, however, that the foregoing shall not obligate Parent to commence or pursue any litigation in connection with the MarCap Property Tax Claims and the foregoing shall not limit Parent’s rights under Section 13.5(a).

  • All holders of Allowed Secured Real Property Tax Claims are deemed to have accepted the Plan and will not be entitled to vote on the Plan.


More Definitions of Property Tax Claims

Property Tax Claims means all amounts owed to the State of Florida, or any of its political subdivisions, on account of real property taxes assessed against the Waters Edge Property.
Property Tax Claims means any obligations that the Debtors have to any government unit or any other person or entity for a tax measured or determined based upon the value of property of the Estate and shall include any Claims in or concerning any property which may have been sold, transferred or forfeited as a result of the failure of the Debtors to pay any property tax liability, including ad valorem property taxes, and which may have been sold by any federal, state or local taxing authority at public or private sale and for which the Debtors have a right to redeem, recover or purchase such property from either the taxing authority or any

Related to Property Tax Claims

  • Priority Tax Claim means any Claim of a Governmental Unit of the kind specified in section 507(a)(8) of the Bankruptcy Code.

  • Assessments means Claims of Her Majesty the Queen in Right of Canada or of any province or territory or municipality or any other Taxing Authority in any Canadian or foreign jurisdiction, including amounts which may arise or have arisen under any notice of assessment, notice of objection, notice of reassessment, notice of appeal, audit, investigation, demand or similar request from any Taxing Authority;

  • Real Estate Taxes means the ad valorem real estate taxes levied against the Property (and the improvements and fixtures located thereon), betterment assessments, special benefit taxes and special assessments levied or imposed against the Property, taxes levied or assessed on gross rentals payable by Tenant to the extent charged, assessed or imposed upon tenants in general which are based upon the rents payable under this Lease, any impact fees levied or assessed, whether or not billed by the taxing authority as a special benefit tax or a special assessment, all taxes levied or assessed on the Property that are in addition to or in lieu of taxes that are currently so assessed, and penalties and interest related to Real Estate Taxes if the applicable Real Estate Tax bills have been forwarded to Tenant in a timely manner; provided, however, that Real Estate Taxes shall not include any Excluded Taxes. “Excluded Taxes” shall mean, without limitation, Landlord’s income taxes, gift taxes, excess profit taxes, excise taxes, franchise taxes, estate, succession, inheritance and realty transfer taxes resulting from the transfer of any direct or indirect interest in the Property by Landlord unless such taxes replace Real Estate Taxes in the future (except as expressly set forth in the last sentence of this Section 4(a)), and any interest or penalty charges resulting solely from Landlord’s failure to promptly deliver the Real Estate Tax bills to Tenant if the applicable taxing authority has forwarded the tax xxxx to Landlord rather than Tenant. All special benefit taxes and special assessments shall be amortized over the longest time permitted under ordinance and Tenant’s liability for installments of such special benefit taxes and special assessments not yet due shall be paid in full prior to the expiration or termination of this Lease; provided, that the useful life of any such improvements do not extend beyond the expiration of the Term. Tenant shall also pay, directly to the applicable Governmental Authority (as hereinafter defined), any storm water charges, fees and taxes and use and occupancy tax in connection with the Property or any improvements thereon (or in the event Landlord is required by law to collect such tax, Tenant shall pay such use and occupancy tax to Landlord as Rent within thirty (30) days of written demand and Landlord shall remit any amounts so paid to Landlord to the appropriate Governmental Authority in a timely fashion) and deliver evidence of such payment to Tenant within ten (10) days of making such payment or within ten (10) days of receipt of Tenant’s request for such evidence of payment.

  • Tax Claim has the meaning set forth in Section 6.05.

  • Effective county tax rate means the actual county tax rate multiplied by a weighted average of the three most recent annual sales assessment ratio studies.

  • Priority Non-Tax Claim means any Claim other than an Administrative Expense Claim or a Priority Tax Claim, entitled to priority in payment as specified in section 507(a) of the Bankruptcy Code.