Common use of Decreases in Real Estate Taxes Clause in Contracts

Decreases in Real Estate Taxes. In no event shall any decrease in the Real Estate Taxes in any way reduce the fixed rent or additional rent payable by the Tenant under this lease, except to the extent to which a decrease in Real Estate Taxes shall result in a decrease in the additional rent payable pursuant to paragraph (a) of this Article; provided, however, that no decrease in Real Estate taxes shall in any way reduce any additional rent payable on account of any Operating Expense Payment.

Appears in 4 contracts

Samples: Lease (Getty Images Inc), Lease (Getty Images Inc), Getty Images Inc

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