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, the Leased Premises, the real estate, the rent, additional rent, or other income therefrom and shall be imposed upon 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 meaning of “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 as so defined. There shall be excluded from Impositions all municipal, county, state, or federal income taxes, federal excess profit taxes, franchise, capital stock, and federal or estate inheritance taxes of Landlord.

Alternative Taxes. If, 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, 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, or the real estate, the rentAnnual Base Rent, additional rent, rent or other income therefrom 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, shall be deemed to be included within the meaning of “Impositions” 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 Impositions, and Tenant shall pay and discharge the same as so definedherein provided in respect of the payment of Impositions. There shall be excluded from Impositions all municipalfederal income taxes, county, state, or federal state and local net income taxes, federal excess profit taxes, franchise, capital stock, stock and federal or state estate or inheritance taxes of Landlord.

Alternative Taxes. If, If at any time during the term of this Lease, 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 the Leased Premises, or the real estateReal Estate, or the rent, additional rent, rent or other income therefrom and shall be imposed upon 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, shall be deemed to be included within the meaning of “term "Impositions” " for the purposes purpose 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 such Impositions as so defined. There shall be excluded from Impositions all municipalfederal income taxes, county, state, or federal state and local net income taxes, federal excess profit taxes, franchise, capital stock, stock and federal or state estate or inheritance taxes of Landlord.