Additional Rent-Tax Adjustment. Whenever for any July 1 - June 30 tax year the real property taxes levied against the Building and its underlying land exceed those levied for the 1998- 199 tax year, then the monthly rental for the next succeeding calendar year shall be increased by one-twelfth of such tax increase times Tenant's Proportionate Share. "
Appears in 1 contract
Additional Rent-Tax Adjustment. Whenever for any July 1 - — June 30 tax year the real property taxes levied against the Building and its underlying land exceed those levied for the 1998- 199 2005 — 2006 tax year, then the monthly rental for the next succeeding calendar year shall be increased by one-twelfth of such tax increase times Tenant's ’s Proportionate Share. "“
Appears in 1 contract
Samples: Office Lease (Pixelworks, Inc)
Additional Rent-Tax Adjustment. Whenever for any July 1 - June 30 tax year the real property taxes levied against the Building and its underlying land exceed those levied for the 1998- 199 1997-1998 tax year, then the monthly rental for the next succeeding calendar year shall be increased by one-twelfth of such tax increase times Tenant's Proportionate Share. "tax
Appears in 1 contract
Samples: Office Lease (Webtrends Corp)
Additional Rent-Tax Adjustment. Whenever for any July 1 - June 30 tax year year, the real property taxes levied against the Building and its underlying land exceed those levied for the 1998- 199 1997-1998 tax year, then the monthly rental for the next succeeding calendar year shall be increased by one-twelfth of such tax increase times Tenant's Proportionate Shareproportionate share. "
Appears in 1 contract
Samples: Office Lease (Paulson Capital Corp)
Additional Rent-Tax Adjustment. Whenever for any July 1 - — June 30 tax year the real property taxes levied against the Building and its underlying land exceed those levied for the 1998- 199 2005-2006 tax year, then the monthly rental for the next succeeding calendar year shall be increased by one-twelfth of such tax increase times Tenant's ’s Proportionate Share. "“
Appears in 1 contract
Samples: Office Lease (Imageware Systems Inc)
Additional Rent-Tax Adjustment. Whenever for any July 1 - June 30 tax year the real property taxes levied against the Building and its underlying land exceed those levied for the 1998- 199 1998 - 1999 tax year, then the monthly rental for the next succeeding calendar year shall be increased by one-twelfth of such tax increase times Tenant's Proportionate Share. Effective February 1, 2004 the base tax year will be 2003-2004. "
Appears in 1 contract
Samples: Integrated Information Systems Inc
