Tax Exemption definition
Tax Exemption means any financial assistance granted to a project which is based upon all or a portion of the taxes which would otherwise be levied and assessed against a project but for the involvement of the Agency in such project.
Tax Exemption means a revitalization tax exemption for which a Tax Exemption Certificate has been issued;
Examples of Tax Exemption in a sentence
The Tax Exemption Certificate shall be substantially in the form of Appendix "B", which is attached to and forms part of this Agreement.
Notwithstanding any other provisions of this Lease, the covenants and authorizations contained in this Lease (“Tax Sections”) which are designed to preserve the exclusion of interest on the Bonds from gross income for federal tax purposes (“Tax Exemption”) need not be complied with if the Lessee receives an opinion of nationally recognized bond counsel satisfactory to the Trustee and the Lessor that any Tax Section is unnecessary to preserve the Tax Exemption.
More Definitions of Tax Exemption
Tax Exemption means a revitalization tax exemption provided under this bylaw.
Tax Exemption means a redevelopment tax incentive provided under this policy.
Tax Exemption means any financial assistance granted to a Project which is based upon all or a portion of the taxes which would otherwise be levied and assessed against a Project but for the involvement of the Agency, including but not limited to sales and use exemption, mortgage recording tax exemption and exemption from real property taxes.
Tax Exemption means any financial assistance granted to a Project which is based upon all or a portion of the taxes which would otherwise be levied and assessed against a Project but for the involvement of the Agency, including but not limited to sales tax, mortgage recording tax and real property tax exemptions.
Tax Exemption means a revitalization tax exemption determined in accordance with the Bylaw; and