Rollback taxes definition
Rollback taxes means the amount of back tax differential payable under the provisions of § 67-5- 04.
Rollback taxes. Shall have the meaning given in Section 12 herein.
Rollback taxes shall have the meaning given to such term in SECTION 8L(ii).
Examples of Rollback taxes in a sentence
Rollback taxes, if any, as a result of a change in use by Purchaser, will be the responsibility of the Purchaser.
Rollback taxes, if any, as a result of a change in use by ▇▇▇▇▇, will be the responsibility of the Buyer.
Greenbelt status and Rollback taxes shall be payable by the Seller at time of closing.
Rollback taxes and disclosure statement that accumulates in mind with purchasing this terminology executory v executed.
More Definitions of Rollback taxes
Rollback taxes means any and all ad valorem property Taxes or the equivalent in the jurisdiction where the Transferred Real Property is located, resulting from any action of Purchaser that changes the use of the Transferred Real Property. For the avoidance of doubt, the term “Rollback Taxes” shall not include any ad valorem property Taxes or the equivalent in the jurisdiction where the Transferred Real Property is located that were previously paid or accrued by the Seller or any member of the Seller Group.
Rollback taxes shall have the meaning given to such term in Section 9.06(b).
Rollback taxes. If Seller changes the use of the Property before closing or if a denial of a special valuation on the Property claimed by Seller results in the assessment of additional taxes, penalties, or interest (assessments) for periods before closing, the assessments will be the obligation of Seller. If this sale or Buyer's use of the Property after closing results in additional assessments for periods before closing, the assessments will be the obligation of Buyer. This Paragraph 13B survives closing.
Rollback taxes means the amount of back tax differential payable under § 67-5- 1008; and