Property Tax Year definition

Property Tax Year means the annual period which is equal to the fiscal year of the Company, or any other Co-Investor, as the case may be, i.e., with respect to the Company, the annual period ending on December 31 of each year.

Property Tax Year means the year in which property taxes are due.

Property Tax Year means the 12 month period set by the municipal taxing authorities as the period for and over which Property Taxes and, where applicable, business taxes are assessed, charged and payable by the owner or occupant of the Project or Leased Premises respectively, whether on a calendar or fiscal year or any other basis.

Examples of Property Tax Year in a sentence

• The monthly payments paid by the Tenant after the Final Payment Date shall be credited against the Tenant's Proportionate Share of Taxes for the subsequent Property Tax Year.

• The Landlord may estimate Property Taxes for the Property Tax Year following the then current Property Tax Year and the Tenant shall continue after the Final Payment Date to make monthly payments in advance, in amounts determined by the Landlord, for periods determined by the Landlord.

• As required by Section 12-44-30(2) of the Negotiated FILOT Act, at least a portion of the Negotiated FILOT Property comprising the Project shall be placed in service no later than the end of the Property Tax Year which is three years from the year in which this Agreement is entered, i.e., the Property Tax Year ending on December 31, 2018.

• Replacement Property qualifies for Negotiated FILOT Payments up to the original income tax basis of the Released Property which it is replacing in the same Property Tax Year.

• The monthly payments paid by the Tenant after the Final Payment Date shall be credited against the Tenant’s Proportionate Share of Taxes for the subsequent Property Tax Year.

More Definitions of Property Tax Year

Property Tax Year means the annual period which is equal to the fiscal year of the Company, or any other Co-Investor, as the case may be.

Property Tax Year has the meaning given that term in Section 2.05(b).

Property Tax Year means the fiscal year of the taxing jurisdiction imposing the real or personal property tax. If the Closing occurs before the Tax rates or values for the real or personal property Taxes are fixed for the Property Tax Year, the apportionment of such Taxes shall be based upon the Tax rates for the immediately preceding Property Tax Year applied to the most recent assessed valuation of the Purchased Assets. Seller’s proportionate share of such Taxes shall be reduced by the amount of any real and personal property Taxes paid prior to the Closing in respect of the current Property Tax Year.

Property Tax Year means the annual period which is equal to the fiscal year of the Company or any other Co-Investor, as the case may be, i.e., with respect to the Company, the period ending on October 31 of each year.

Property Tax Year means the period of twelve (12) calendar months, beginning on January 1st of each year.

Property Tax Year means the "Tax Year" under Ohio Revised Code ----------------- section 5727.231(A)(2). For example: for the lien date of December 31, 2004, as applied to utility property in Ohio, the Property Tax Year would be the calendar year 2005.

Property Tax Year means the period beginning January 1 of the calendar year and ending December 31 of that calendar year.