Assessed Value Sample Clauses

Assessed Value. PURCHASER(S) represent(s) and warrant(s) that the purchase price set forth herein shall not be used as a reason to, or as evidence in a proceeding to grieve or otherwise contest the assessed value of the Property for the purposes of real property taxation. This representation shall survive the closing of title herein.

Assessed Value. The change in equalized assessed valuation of industrial and/or commercial properties in the last 5 years prior to the date of the application is equal to or less than 50% of the State average change in equalized assessed valuation for industrial and/or commercial properties, as applicable, for the same period of time.

Assessed Value. The undersigned parties to this appeal understand that if this agreement is filed in the office of the county clerk prior to the time the board of property tax appeals (BOPTA) convenes under ORS 309.026, the assessor will proceed to adjust the tax roll as authorized under ORS 308.242. It is further understood that BOPTA will not hold a hearing or issue an order and that ORS 309.115 does not apply to the adjustments which are the subject of this stipulation. If this stipulation is filed in the office of the county clerk at or after the time the board convenes, the board will hold a hearing and issue an order and ORS 309.115 applies. (ORS 309.115 is printed on the back of this form.) Petitioner or Representative (print or type) Petitioner or Representative (print or type) County Officer (print or type) Title (if applicable) Title (if applicable) Title Signature of Petitioner or Representative Signature of Petitioner or Representative Signature of County Officer Date Date Date

Assessed Value. No proceedings for the correction of -------------- the assessed valuation of the Premises (the "Proceedings") have been filed on behalf of any ▇▇▇▇ Entity and is pending, other than as set forth in Exhibit W --------- annexed hereto and made a part hereof.

Assessed Value. The term “

Assessed Value. Lessor shall notify the Lessee of the assessed value of the Premises at the inception of the Lease and any increase or proposed increase in real estate tax assessment of which Lessor has knowledge. Lessee shall have the right to contest by appropriate administrative or legal proceedings the amount and validity of any tax assessment or charge which Lessee is required to pay under the terms of this Section so long as such taxes are paid prior to their due dates and no penalties or additional assessments are incurred as a result thereof and Lessor is indemnified by Lessee for any costs, damages, penalties or claims which may be made against Lessor as a result thereof. Lessor shall, at the request and expense of ▇▇▇▇▇▇, join or otherwise assist Lessee in any such proceeding. To the extent paid or payable by ▇▇▇▇▇▇ for the period in question, Lessee shall be entitled to any refund or reimbursement of taxes actually received as a result of such contest.

Assessed Value. Except as otherwise described in the Due Diligence Materials, Seller has not received a written notice of any pending or proposed special assessments affecting the Property.

Assessed Value. The Township Assessor shall establish an initial taxable value (the “Base Year”) for the Exempt Property as and when completed and/or installed in accordance with Section 10 of Act 198. The Base Value and thereafter the assessed value and taxable value of the Exempt Property shall be established by the Township Assessor in the reasonable exercise of the Assessor’s professional judgment in accordance with prevailing Tax Commission guidelines and methodologies for valuing real and personal property. The Company agrees that it shall use good faith reasonable efforts to resolve any dispute over the assessment of the Exempt Property with the local taxing authorities prior to exercising its right to appeal such assessment to the Michigan Tax Tribunal.

Assessed Value. Company represents that it will use commercially reasonable efforts to render eligible Property to City, not including Baseline Property, with a minimum assessed value of ten million dollars ($10,000,000), during the Term of this Agreement, starting on January 1, 2016.