Common use of Alternative Taxes Clause in Contracts

Alternative Taxes. If at any time during the term of this Lease the method of taxation prevailing at the commencement of the term hereof shall be altered so that any new tax, assessment, levy, imposition or charge, or any part thereof, shall be measured by or be based in whole or in part upon the Lease or Leased Premises, or the rent, additional rent or other income there from and shall be imposed upon the Landlord, then all such taxes, assessments, levies, impositions or charges, or the part thereof, to the extent that they are so measured or based shall be deemed to be included within the term Impositions for the purposes hereof, to the extent that such Impositions would be payable if the Leased Premises were the only property of Landlord subject to such Impositions, and Tenant shall pay and discharge the same as herein provided in respect of the payment of Impositions. There shall be excluded from Impositions all federal, state and local income taxes, federal excess profit taxes, franchise, capital stock and federal or state estate or inheritance taxes of Landlord.

Appears in 7 contracts

Samples: Combination Agreement (Fenix Parts, Inc.), Combination Agreement (Fenix Parts, Inc.), Combination Agreement (Fenix Parts, Inc.)

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Alternative Taxes. If at any time during the term of this Lease hereof the method of taxation prevailing at the commencement of the term hereof Commencement Date shall be altered so that any new tax, assessment, levy, imposition imposition, or charge, or any part thereof, shall be measured by or be based in whole or in part upon the Lease Agreement or Leased Demised Premises, or the rent, additional rent or other income there from therefrom and shall be imposed upon the LandlordLessor, then all such taxes, assessments, levies, impositions impositions, or charges, or the part thereof, to the extent that they are so measured or based base, shall be deemed to be included within the term Impositions "Impositions" for the purposes hereof, to the extent that such Impositions impositions would be payable if the Leased Demised Premises were the only property of Landlord Lessor subject to such Impositions, and Tenant Lessee shall pay and discharge the same as herein provided in respect of the payment of Impositions. There shall be excluded from Impositions all federal, state and local federal income taxes, federal excess profit taxes, franchise, capital stock stock, and federal estate or state estate or inheritance taxes of LandlordLessor.

Appears in 2 contracts

Samples: Lease Agreement (Blue Fish Clothing Inc), Lease Agreement (Blue Fish Clothing Inc)

Alternative Taxes. If at any time during the term of this Lease Term, the method of taxation prevailing at the commencement of the term hereof Term shall be altered so that any new tax, assessment, levy, imposition Imposition or charge, or any part thereof, shall be measured by or be based in whole or in part upon the Lease or Leased of the Premises, or the rentRent, additional rent Additional Rent or other income there from therefrom and shall be imposed upon the Landlord, then all such taxes, assessments, levies, impositions Impositions or charges, or the any part thereof, to the extent that they are so measured or based based, shall be deemed to be included within the term Term Impositions for the purposes hereof, thereof to the extent that such Impositions would be payable if the Leased Premises were was the only property of the Landlord subject to such Impositions, and the Tenant shall pay and discharge the same as herein provided in respect of the payment of Impositions. There shall be excluded from Impositions all federal, state and local federal income taxes, federal excess profit taxes, franchise, capital stock and federal or state estate or inheritance taxes of the Landlord.

Appears in 1 contract

Samples: Land Lease Agreement

Alternative Taxes. If at any time during the term of this Lease the method of taxation prevailing at the commencement of the term hereof Commencement Date shall be altered so that any new tax, assessment, levy, imposition or charge, or any part thereof, shall be measured by or be based in whole or in part upon the Lease Lease, or the Leased Premises, or the rent, additional rent or other income there from therefrom and shall be imposed upon the Landlord, then all such taxes, assessments, levies, impositions impositions, or charges, or the part thereof, to the extent that they are so measured or based based, shall be deemed to be included within the term Impositions for the purposes hereof, hereof to the extent that such Impositions would be payable if the Leased Premises were the only property of Landlord subject to such Impositions, and Tenant shall pay and discharge the same as provided herein provided in respect of for the payment of Impositions. There Impositions shall be excluded from Impositions all federalnot include federal income taxes, state and local income taxes, federal excess profit taxes, franchise, taxes or franchise or capital stock and federal or state estate or inheritance taxes of Landlord.

Appears in 1 contract

Samples: Dt Industries Inc

Alternative Taxes. If at any time during the term of this Lease Term the method of taxation prevailing at the commencement of the term Term hereof shall be altered so that any new tax, assessment, levy, imposition or charge, or any part thereof, shall be measured by or be based in whole or in part upon the Lease or Leased Premises, the Premises or the rent, Rent or additional rent or other income there from therefrom, and shall be imposed upon the Landlord, then all such taxes, assessments, levies, impositions or charges, or the part thereof, to the extent that they are so measured or based based, shall be deemed to be included within the term definition of Impositions for the purposes hereof, hereof to the extent that such Impositions would be payable if the Leased Premises were the only property of Landlord subject to such Impositions, and Tenant shall pay and discharge the same as herein provided in respect of the payment of Impositions. There shall be excluded from Impositions all federal, state and local net income taxestax, federal excess profit taxes, transfer, franchise, capital stock and federal or state estate or inheritance taxes of Landlord.

Appears in 1 contract

Samples: Lease (Morgans Hotel Group Co.)

Alternative Taxes. If at any time during the term of this Lease the method of taxation prevailing at the commencement of the term hereof shall be altered so that any my new tax, assessment, levy, levy imposition or charge, or any part thereof, shall be measured by or be based in whole or in part upon the Lease Lease, or the Leased Premises, or the rentAnnual Base Rent, additional rent or other income there from therefrom and shall be imposed upon the Landlord, then all such taxes, assessments, levies, impositions impositions, or charges, or the part thereof, to the extent that they are so measured or based based, shall be deemed to be included within the term Impositions for the purposes hereof, hereof to the extent that such Impositions would be payable if the Leased Premises were the only property of Landlord subject to such Impositions, and Tenant shall pay and discharge the same as herein provided in respect of the payment of Impositions. There shall be excluded from Impositions all federalfederal income taxes, state and local net income taxes, federal excess profit taxes, franchise, capital stock and federal or state estate or inheritance taxes of Landlord.

Appears in 1 contract

Samples: Lease (Amcraft Building Products Co Inc)

Alternative Taxes. If at any time during the term of this Lease the method of taxation prevailing at the commencement of the term hereof shall be altered so that any new tax, assessment, levy, imposition or charge, or any part thereof, shall be measured by or be based in whole or in part upon the Lease or Leased Premises, or the rent, additional rent or other income there from therefrom and shall be imposed upon the Landlord, then all such taxes, assessments, levies, impositions or charges, or the part thereof, to the extent that they are so measured or based based, shall be deemed to be included within the term Impositions for the purposes hereof, hereof to the extent that such Impositions would be payable if the Leased Premises were the only property of Landlord subject to such Impositions, and Tenant shall pay and discharge the same as herein provided in respect of to the payment of Impositions. There shall be excluded from Impositions all federal, federal and state and local income taxes, federal excess profit taxes, franchise, capital stock and federal or state estate or inheritance taxes of Landlord.

Appears in 1 contract

Samples: Mfri Inc

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Alternative Taxes. If at any time during the term of this Lease Term the method of taxation prevailing at the commencement of the term hereof shall be altered so that any new tax, assessment, levy, imposition or charge, or any part thereof, shall be measured by or be based in whole or in part upon the Lease or the Leased Premises, Premises or the rentBase Rent, additional rent Additional Rent or other income there from therefrom and shall be imposed upon the Landlord, then all such taxes, assessments, levies, impositions impositions, or charges, or the part thereof, thereof to the extent that they are so measured or based based, shall be deemed to be included within the term Impositions Additional Rent for the purposes hereof, hereof to the extent that such Impositions Additional Rent would be payable if the Leased Premises were the only property of Landlord subject to such Impositions, Additional Rent and Tenant shall pay and discharge the same as herein provided in respect of the payment of ImpositionsAdditional Rent. There shall be excluded from Impositions Additional Rent all federalfederal income taxes, state and local net income taxes, federal excess profit taxes, franchise, capital stock and federal or state estate or inheritance taxes of Landlord.

Appears in 1 contract

Samples: Phoenix Md Realty LLC

Alternative Taxes. If at any time during the term of this Lease Term the method of taxation prevailing at the commencement of the term Term hereof shall be altered so that any new tax, assessment, levy, imposition or charge, or any part thereof, shall be measured by or be based in whole or in part upon the Lease or Leased Premises, or the rent, additional rent or other income there from therefrom and shall be imposed upon the Landlord, then all such taxes, assessments, levies, impositions or charges, or the part thereof, to the extent that they are so measured or based based, shall be deemed to be included within the term Impositions for the purposes hereof, to the extent that such Impositions would be payable if the Leased Premises were the only property of Landlord subject to such Impositions, and Tenant shall pay and discharge the same as herein provided in respect of the payment of Impositions. There shall be excluded from Impositions and the obligations under this Section 4.1, all federal, federal and state and local income taxes, federal and state excess profit taxes, franchise, capital stock and federal or state estate or inheritance taxes, or similar taxes of Landlord.

Appears in 1 contract

Samples: Lease (Tpi Composites, Inc)

Alternative Taxes. If at any time during the term of this Lease the method of taxation prevailing at the commencement of the term hereof Term shall be altered so that any new tax, assessment, levy, imposition Imposition or charge, or any part thereof, shall be measured by or be based in whole or in part upon the Lease Lease, or the Leased Premises, or the rentBase Rent, additional rent Additional Rent or other income there from therefrom and shall be imposed upon the Landlord, then all such taxes, assessments, levies, impositions Impositions, or charges, or the part thereof, to the extent that they are so measured or based based, shall be deemed to be included within the term Impositions for the purposes hereof, hereof to the extent that such Impositions would be payable if the Leased Premises were the only property of Landlord subject to such Impositions, and Tenant shall pay and discharge the same as herein provided in respect of the payment of Impositions. There shall be excluded from Impositions all federaltransfer taxes, sales taxes, federal income taxes, state and local net income taxes, federal excess profit taxes, franchise, franchise and capital stock and federal or state estate or inheritance taxes of Landlord.

Appears in 1 contract

Samples: Industrial Facility Lease (FreightCar America, Inc.)

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