Examples of Tax Year in a sentence
Amounts payable with respect to any periods that are less than an entire Tax Year included within the Term will be prorated based upon the actual number of days included within such Tax Year.
Upon the termination of this Lease for any reason during a Tax Year, Lessee shall pay a pro-rated amount of the payments in lieu of taxes, if any, required by this Section 7.04 for the period that this Lease is in effect and for which no payments in lieu of taxes have been made up to the date of such termination within thirty (30) days after such termination.
Each payment in lieu of taxes required by this Section 7.04 with respect to any Tax Year or partial Tax Year shall be paid not later than the last day on which ad valorem taxes are payable without penalty or interest to the City with respect to such Tax Year or partial Tax Year.
Any payment due with respect to a Tax Year that is not paid prior to the termination or expiration of this Lease shall not be extinguished as a result of such termination or expiration and shall survive such termination or expiration.