200505875 - Laserfiche WebLink

Browse

200505875 ARTICLE XIII. GENERAL PROVISIONS Subsection 13.01 Taxes and Special Assessments. It is anticipated that there will be no leasehold interest tax, real estate taxes, and or personal property taxes, or other taxes which may be assessed against the Demised Land, the Facility or improvements thereon, the Department's equipment, aircraft, or other personal property belonging to the Department located on the Demised Land; however, the Authority shall not be responsible for any tax obligations that the Department may be responsible for.. Subsection 13.02 Right to Contest. In the event the Demised Land, Facility or Improvements thereon or any part thereof is taxable, the Department shall have the right to contest the validity, valuation and amount of any tax, assessment or charge, lien or claim of any kind in respect to the Demised Land. The Department, so long as the matter shall remain undetermined by final judgment, shall not be considered in default hereunder by the nonpayment thereof. Subsection 13.03 License Fees and Permits. The Department shall obtain and pay for all licenses, permits, fees or other authorizations or charges as required under applicable federal, state or local laws and regulations required for the Departments operations. Subsection 13.04 Paragraph Headings. The paragraph headings contained herein are for convenience in reference and are not intended to define or limit the scope of any provision of the Agreement. Subsection 13.05 Interpretations. This agreement shall be interpreted in accordance with the laws of the State of Nebraska. Subsection 13.06 Non - Waiver. No waiver of any condition or covenant in this instrument contained or of any breach thereof, shall be taken to constitute a waiver of any subsequent condition, covenant, or breach. Subsection 13.07 Severability. 11