Common use of Definition of “Real Property Tax Clause in Contracts

Definition of “Real Property Tax. “Real Property Tax” means: (i) any fee, license fee, license tax, business license fee, commercial rental tax, levy, charge, assessment, penalty or tax imposed by any taxing authority against the Property; (ii) any tax on the Landlord’s right to receive, or the receipt of, rent or income from the Property or against Landlord’s business of leasing the Property; (iii) any tax or charge for fire protection, streets, sidewalks, road maintenance, refuse or other services provided to the Property by any governmental agency; (iv) any tax imposed upon this transaction or based upon a re-assessment of the Property due to a change of ownership, as defined by applicable law, or other transfer of all or part of Landlord’s interest in the Property; and (v) any charge or fee replacing any tax previously included within the definition of Real Property Tax. “Real Property Tax” does not, however, include Landlord’s federal or state income, franchise, inheritance or estate taxes.

Appears in 4 contracts

Samples: Attornment Agreement (Switch, Inc.), Non Disturbance and Attornment Agreement (Switch, Inc.), And Attornment Agreement (Switch, Inc.)

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Definition of “Real Property Tax. “Real Property Taxproperty tax” means: (i) any fee, license fee, license tax, business license fee, commercial rental tax, levy, charge, assessment, penalty or tax imposed by any taxing authority against the Property; (ii) any tax on the Landlord’s right to receive, or the receipt of, rent or income from the Property or against Landlord’s business of leasing the Property; (iii) any tax or charge for fire protection, streets, sidewalks, road maintenance, refuse or other services provided to the Property by any governmental agency; (iv) any tax imposed upon this transaction or based upon a re-assessment reassessment of the Property due to a change of ownership, as defined by applicable law, or other transfer of all or part of Landlord’s interest in the Property; and (v) any charge or fee replacing any tax previously included within the definition of Real Property Taxreal property tax. “Real Property Taxproperty tax” does not, however, include Landlord’s federal or state income, franchise, inheritance or estate taxes.

Appears in 3 contracts

Samples: Sublease (Modtech Holdings Inc), Sublease (Modtech Holdings Inc), Sublease (Modtech Holdings Inc)

Definition of “Real Property Tax. Real Property Tax” property tax" means: (i) any fee, license fee, license tax, business license fee, commercial rental tax, levy, charge, assessment, penalty or tax imposed by any taxing authority against the Property; (ii) any tax on the Landlord’s 's right to receive, or the receipt of, rent or income from the Property or against Landlord’s 's business of leasing the Property; (iii) any tax or charge for fire protection, streets, sidewalks, road maintenance, refuse or other services provided to the Property by any governmental agency; (iv) any tax imposed upon this transaction or based upon a re-assessment of the Property due to a change of ownership, as defined by applicable law, or other transfer of all or part of Landlord’s 's interest in the Property; and (v) any charge or fee replacing any tax previously included within the definition of real property tax. "Real Property Tax. “Real Property Tax” property tax" does not, however, include Landlord’s 's federal or state income, franchise, inheritance or estate taxes.

Appears in 2 contracts

Samples: Clearone Communications Inc, Gametech International Inc

Definition of “Real Property Tax. “Real Property Taxproperty tax” means: ; (i1) any fee, license fee, license tax, business license fee, fee commercial rental tax, levy, charge, charge assessment, penalty or tax imposed by any taxing authority against the Property; (ii) any tax on the Landlord’s right to receive, or the receipt of, rent or income from the Property or against Landlord’s business of leasing the Property; (iii) any tax or charge for fire protection, streets, sidewalks, road maintenance, refuse or other services provided to the Property by any governmental agency; (iv) any tax imposed upon this transaction or based upon a re-assessment of the Property due to a change of ownership, as defined by applicable law, or other transfer of all or part of Landlord’s interest in the Property; and (v) any charge or fee replacing any tax previously included within the definition of Real Property Taxreal property tax. “Real Property Taxproperty tax” does not, however, include Landlord’s federal or state income, franchise, inheritance or estate taxes.

Appears in 1 contract

Samples: Lease Agreement Between (Biolife Solutions Inc)

Definition of “Real Property Tax. “Real Property Taxproperty tax” means: (i) any fee, license fee, license tax, business license fee, commercial rental tax, levy, charge, assessment, penalty or tax imposed by any taxing authority against the Property; (ii) any tax on the Landlord’s right to receive, or the receipt of, rent or income from the Property or against Landlord’s business of leasing the Property; (iii) any tax or charge for fire protection, . streets, sidewalks, road maintenance, refuse or other services provided to the Property by any governmental agency; (iv) any tax imposed upon this transaction or based upon a re-assessment of the Property due to a change of ownership, as defined by applicable law, or other transfer of all or part of Landlord’s interest in the Property; and (v) any charge or fee replacing any tax previously included within the definition of Real Property Taxreal property tax. “Real Property Taxproperty tax” does not, however, include Landlord’s federal or state income, franchise, inheritance or estate taxes.

Appears in 1 contract

Samples: Non Disturbance and Attornment Agreement (Chino Commercial Bancorp)

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Definition of “Real Property Tax. “Real Property Taxproperty tax” means: (i) any fee, license fee, license tax, business license fee, commercial rental tax, levy, charge, assessment, penalty or tax imposed by any taxing authority against the Property; (ii) any tax on the Landlord’s right to receive, or the receipt of, rent or income from the Property or against Landlord’s business of leasing the Property; (iii) any tax or charge for fire protection, streets, sidewalks, road maintenance, refuse or other services provided to the Property by any governmental agency; (iv) any tax imposed upon this transaction or based upon a re-assessment of the Property due to a change of ownership, as defined by applicable law, or other transfer of all or part of Landlord’s interest in the Property; and (v) any charge or fee replacing any tax previously included within the definition of Real Property Taxreal property tax. “Real Property Taxproperty tax” does not, however, include Landlord’s federal or state income, franchise, inheritance or estate taxes.

Appears in 1 contract

Samples: Industrial Real Estate Lease (Daystar Technologies Inc)

Definition of “Real Property Tax. “Real Property Tax” means: (i) any fee, license fee, license tax, business license fee, commercial rental tax, levy, levy charge, assessment, penalty or tax imposed by any taxing authority against the Property; (ii) any tax on the Landlord’s right to receive, or the receipt of, rent or income from the Property or against Landlord’s business of leasing the Property; (iii) any tax or charge for fire protection, streets, sidewalks, road maintenance, refuse or other services provided to the Property by any governmental agency; (iv) any tax imposed upon this transaction or based upon a re-assessment of the Property due to a change of ownership, as defined by applicable law, or other transfer of all or part of Landlord’s interest in the Property; and (v) any charge or fee replacing any tax previously included within the definition of Real Property Taxreal property tax. “Real Property Taxproperty tax” does not, however, include Landlord’s federal or state income, franchise, inheritance or estate taxes.

Appears in 1 contract

Samples: Lease Agreement (Corgenix Medical Corp/Co)

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