Common use of ROLLBACK TAXES Clause in Contracts

ROLLBACK TAXES. The Property is not subject to any roll-back or agricultural taxation or other tax abatement program. Any roll-back taxes payable in connection with the Seller's development of the Property have been paid in full.

Appears in 2 contracts

Sources: Agreement of Sale (Brandywine Realty Trust), Agreement of Sale (Brandywine Realty Trust)

ROLLBACK TAXES. The Property is not subject to any roll-back or agricultural taxation or other tax abatement programprogram which would result in taxes being assessed against the Property for a prior period as a result of the sale contemplated hereby. Any previously assessed roll-back taxes payable in connection with the Seller's development of the Property have been paid in full.

Appears in 1 contract

Sources: Agreement of Sale (Brandywine Realty Trust)