Real Estate Tax definition

Real Estate Tax shall have the meaning assigned thereto in Section 10.1.

Real Estate Tax shall have the meaning assigned thereto in Section 10.1. “REAs” shall mean those certain reciprocal easement agreements, covenants conditions and restrictions, and similar property-related agreements encumbering or otherwise affecting the Transferred Assets.

Real Estate Tax means the local ad valorem real property taxes received annually by Louisville from real property located within the Development Area.

Examples of Real Estate Tax in a sentence

• The Office of Management and Budget shall calculate the amount of New Real Estate Tax Revenue each year after the Activation Date, prior to the Time of Payment pursuant to Section 3.6 of this Agreement.

• The Office of Management and Budget shall calculate the New Real Estate Tax Revenue by aggregating the Real Estate Taxes received from within the Development Area.

• An estimate of the New Real Estate Tax Revenue is attached as Exhibit B.

• It is stipulated therefore that the amount of Old Real Estate Tax Revenue shall equal the assumed assessment in the Base Year times the applicable county and Urban Services tax rates in the Base Year, for the sum equal to $12,472.

• The Office of Management and Budget in each year following the Activation Date, prior to the Time of Payment pursuant to Section 3.6 of this Agreement, shall calculate the Released Amount, which shall be a sum equal to: (i) for the first ten (10) years of this Agreement, one hundred percent (100%) of the Real Estate Tax Increment, and (ii) for the next ten (10) years of this Agreement, sixty-five percent (65%) of the Real Estate Tax Increment.

More Definitions of Real Estate Tax

Real Estate Tax means any and all taxes and assessments (including, without limitation, special and extraordinary assessments) imposed upon the Building(s) and the Land(s) of which the Demised Premises forms a part. If there is a change in the method of taxation which results in any franchise, income, rent, profit or other tax, however designated, being levied against Landlord and/or the owner of the Land(s) and Building(s) in substitution of, or in addition to any Real Estate Tax, in whole or in part, such tax or taxes shall be considered to be a Real Estate Tax for the purposes hereof.

Real Estate Tax means all school, city, state and county taxes and assessments including special district taxes or assessments.

Real Estate Tax. The total rental to be paid under this Lease shall also include all real estate taxes and assessments levied on the Leased Premises. Such payments be included in the Base Rent as indicated on the attached "Base Rent Schedule' (Exhibit B).

Real Estate Tax means the local tax on real estate which the City levies pursuant to Title 58.1, Chapter 32 of the State Code.

Real Estate Tax means the local tax on real estate which localities levy pursuant to Title 58.1, Chapter 32 of the Code.

Real Estate Tax or "Real Estate Taxes" shall mean:

Real Estate Tax means the local tax on real estate that the City levies. 2.279 “”Renewable Energy Project”” means any improvement to real property, and facilities and equipment used to generate electricity from renewable energy to offset customer load in whole or in part on the qualifying real property, or to support the production of renewable or thermal energy including, without limitation, energy storage, and all appurtenances and incidentals , which are necessary, useful or desirable for any such improvements, facilities and equipment, and which improvement has a useful life , as estimated by the Program Administrator based on industry best practice, of not less than ten (10) years. Formatted: Font: Bold Formatted: Font: Bold Formatted: Font: Bold