Covenant to Pay Taxes and Assessments. Tenant covenants and agrees to pay, as Additional Rent, the Taxes and Assessments, as hereinafter defined, which accrue during or are attributable to the Lease Term. "Taxes and Assessments" shall mean all taxes, assessments or other impositions, general or special, ordinary or extraordinary, of every kind or nature, which may be levied, assessed or imposed upon or with respect to the Demised Premises or any part thereof, or upon any building, improvements or personal property at any time situated thereon.
Covenant to Pay Taxes and Assessments. Tenant shall pay prior to delinquency all ad valorem real estate taxes, special taxes, assessments and special assessments levied against the Property, subject to Tenant’s right to contest any such tax in good faith and any property tax exemptions.
Covenant to Pay Taxes and Assessments. The Developer shall pay prior to delinquency all ad valorem real estate taxes, special taxes, assessments and special assessments levied against the Agency Parcels, subject to Developer’s right to contest any
Covenant to Pay Taxes and Assessments. Tenant covenants and agrees to pay, as Additional Rent, Tenant's Pro Rata Share of Taxes and Assessments, which are billed during any calendar year falling partly or wholly within the Lease Term, payable pursuant to the provisions hereinabove for Monthly Deposits. "Taxes and Assessments" shall mean all taxes, assessments or other impositions, general or special, ordinary or extraordinary, of every kind or nature, which may be levied, assessed or imposed upon or with respect to the Property or any part thereof.
Covenant to Pay Taxes and Assessments. During the Term of this Site Lease, Site Lessee shall pay, to the extent of Lessor’s Percentage, as the same become due and payable, directly, all Taxes and Assessments, as hereinafter defined, which accrue during or are attributable to the Term and, upon request, shall provide Site Lessor with appropriate evidence of their payment; provided, however, that prior to the expiration or termination of the Facility Lease and the Site Sublease, Site Lessee shall be deemed to have performed its obligations under this Section 16.1 and Section 16.2 below. “Taxes and Assessments” shall mean all taxes, assessments or other impositions, general or special, ordinary or extraordinary, of every kind or nature, which may be levied, assessed or imposed upon or with respect to the Facility Site or any part thereof, or upon the Facility or any buildings, improvements, fixtures, equipment or personal property of Site Lessee at any time situated thereon, including, but not limited to, any ad valorem and inventory taxes. Site Lessee shall not be responsible for the payment of any sales, use, value- added, income, franchise or similar tax due and payable by Site Lessor or imposed by reason of the rental payments under this Site Lease.
Covenant to Pay Taxes and Assessments. From and after the Commencement Date, Tenant shall pay prior to delinquency all Real Property Taxes (as defined in Section 4.5.4) levied against Xxxxxx’s ground lease interest in the Property during the Term of this Lease, subject to Xxxxxx’s right to contest same in good faith and/or seek any property tax exemptions, except as provided in Section 4.5.3. Tenant shall promptly furnish Landlord with satisfactory evidence that such taxes have been paid or that an exemption from such taxes has been obtained. If Tenant shall fail to pay any such taxes, Landlord shall have the right to pay the same, in which case Tenant shall repay such amount to Landlord within ten (10) days after demand from Landlord together with interest at the rate set forth in Section 4.6, as Additional Rent.
Covenant to Pay Taxes and Assessments. Tenant covenants and agrees to pay, as 6
Covenant to Pay Taxes and Assessments. Tenant covenants and agrees ------------------------------------------ to pay, as Additional Rent, Tenant's Pro Rata Share of Taxes and Assessments, as hereinafter defined, which accrue during or are attributable to the Lease Term. "Taxes and Assessments" shall mean all taxes, assessments or other impositions, general or special, ordinary or extraordinary, or every kind or nature, which may be levied, assessed or imposed upon or with respect to the Property or any part thereof, or upon any building, improvements or personal property at any time situated thereon. "TAXES AND ASSESSMENTS" SHALL NOT INCLUDE ANY PENALTIES, INTEREST, OR OTHER CHARGES INCURRED BY LANDLORD AS A RESULT OF FAILING TO PAY ANY TAX OR ASSESSMENT WHEN DUE, PROVIDED THAT TENANT HAS NOT FAILED TO PAY MATERIAL AMOUNTS OF ADDITIONAL RENT WHEN DUE HEREUNDER.
Covenant to Pay Taxes and Assessments. Tenant covenants ------------------------------------- and agrees to pay, as Additional Rent, Tenant's Pro Rata Share of Taxes and Assessments which are billed during any calendar year falling partly or wholly within the Lease Term. "Taxes and Assessments" shall mean all taxes, assessments or other impositions, general or special, ordinary or extraordinary, of every kind or nature, which may be levied, assessed or imposed upon or with respect to the Property or any part thereof, or upon any building, improvements at any time situated thereon. In no event shall Tenant be responsible for payment of Personal Property Taxes.
Covenant to Pay Taxes and Assessments. The Landlord shall pay all taxes, real estate, general or special, all public rates, dues and special assessments of every kind which shall become due and payable or which are to be assessed against or levied upon said real estate or improvements thereon during the term of this Lease. In addition to the base rent as provided for in paragraph 4, the Tenant shall pay during the term of this Lease, an amount equal to 2.6 per cent of the real estate taxes and 2.6 per cent of any new assessment levied upon the land and buildings of which the Demised Premises are a part. With each monthly rental payment the Tenant shall pay one-twelfth (1/12) of its 2.6 per cent share of the assessed real estate taxes. In no event, however, shall the tenant's annual obligation for taxes during the term of this Lease increase by more than one cent per square foot per year. At any time a new tax rate and/or a new evaluation is set resulting in a change in the taxes, the Landlord shall notify the Tenant of any increase or decrease in taxes. If the taxes are increased, then the Tenant shall pay its proportionate share in a lump sum from September 1st and then shall pay its proportionate share with the monthly payments as outlined above. Said lump sum shall be paid within thirty (30) days after the Tenant receives written notice of the amount from the Landlord. In the event that the taxes are decreased, then the Tenant shall take a credit off its monthly rental payments. Promptly after the receipt by the Landlord of the xxxx for taxes assessed on the taxable area of which the Demised Premises are a part, the Landlord shall advise the Tenant of the amount thereof and furnish the computation of the Tenant's lump sum and pro rata share together with a copy of the tax xxxx
