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

Definition of “Real Property Tax. As used herein, the term "real property tax" shall include any form of assessment, levy, penalty, or tax (other than inheritance or estate taxes) imposed by any authority having the direct or indirect power to tax, including any city, county, state or federal government, or any school, agricultural, lighting, drainage or other improvement district thereof, as against any legal or equitable interest of Lessor in the premises or on the real property of which the premises are a part, or as against Lessor's right to rent or other income.

Appears in 3 contracts

Samples: Commercial Property Lease Agreement (Naco Industries Inc), Lease Agreement (Naco Industries Inc), Commercial Property Lease Agreement (Naco Industries Inc)

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Definition of “Real Property Tax. As used herein, the term "real property tax" tax shall include any form of real estate tax or assessment, levygeneral, penaltyspecial, ordinary or extraordinary, levy or tax (other than inheritance inheritance, personal income or estate taxes) imposed on the Presto Facility or any portion thereof by any authority having the a direct or indirect power to tax, including any city, county, state or federal government, or any school, agricultural, lightingsanitary, drainage fire, street, or other improvement district thereof, as against any legal or equitable interest interests of Lessor in the premises Presto Facility or on the real property of which the premises are a part, or as against Lessor's right to rent or other incomein any portion thereof.

Appears in 3 contracts

Samples: Lease Agreement (Rmed International Inc), Lease Agreement (Rmed International Inc), Lease Agreement (Rmed International Inc)

Definition of “Real Property Tax. As used herein, the The term "real property taxReal Property Tax" shall include includes any form of assessment, license fee, levy, penalty, penalty or tax (other than inheritance or estate taxes) ), imposed by any an authority having the with direct or indirect power to tax, including any city, county, state or federal government, or any school, agricultural, lighting, drainage or other improvement district thereof, as against tax any legal or equitable interest of Lessor Landlord in the premises or on the real property of which the premises Premises are a part, but shall not include any rent tax payable by Tenant under Paragraph 5, nor any corporate franchise or as against Lessor's right to rent or other incomeincome taxes.

Appears in 2 contracts

Samples: Standard Net Industrial Lease (Spectrx Inc), Lease Agreement (View Systems Inc)

Definition of “Real Property Tax. As used hereinin this Lease, the term "real property taxReal Property Tax" shall include any form of assessment, levy, penalty, penalty or tax (other than inheritance inheritance, estate, net income, or estate franchise taxes) ), imposed by any authority having the direct or indirect power to tax, including any city, county, state or federal government, government or any school, agricultural, agricultural lighting, drainage or other improvement district thereof, and as against any legal defined in RCW 82.29A, et seq. as now or equitable interest of Lessor in the premises or on the real hereinafter amended. Real property of which the premises are a part, or as against Lessor's right to rent or other incometax does not include Leasehold Tax.

Appears in 2 contracts

Samples: Lease Agreement, Lease Agreement

Definition of “Real Property Tax. As used hereinFor purposes of this Lease, the term "real property taxReal Property Tax" shall include includes any form of assessment, license fee, levy, penalty, penalty or tax (other than inheritance or estate taxes) ), imposed by any an authority having the with direct or indirect power to tax, including any city, county, state or federal government, or any school, agricultural, lighting, drainage or other improvement district thereof, as against tax any legal or equitable interest of Lessor Landlord in the premises or on the real property of which the premises Premises are a part, but shall not include any rent tax payable by Tenant under Section 5.2(c), nor any corporate franchise or as against Lessor's right to rent or other incomeincome tax.

Appears in 1 contract

Samples: Lease (Cascade Wind Corp.)

Definition of “Real Property Tax. As used herein, the term -------------------------------- "real property tax" shall include any form of real estate tax or assessment, levygeneral, penaltyspecial, ordinary or extraordinary, and any license fee, commercial rental tax, improvement bond or bonds, levy or tax (other than inheritance inheritance, personal income, gift or estate taxes) imposed on the Premises or any portion thereof by any authority having the direct or indirect power to tax, including any city, county, state or federal government, or any school, agricultural, lighting, drainage or other improvement district thereof, as against any legal or equitable interest of Lessor in the premises or on the real property of which the premises are a part, or as against Lessor's right to rent or other income.,

Appears in 1 contract

Samples: Lease (Fusion Medical Technologies Inc)

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Definition of “Real Property Tax. As used herein, the term "real property tax" shall include any form of real estate tax or assessment, general, special, ordinary, or extraordinary, and any license fee, commercial rental tax, improvement bond or bonds, levy, penalty, or tax (other than inheritance inheritance, personal income, or estate taxes) imposed on the Industrial Center or any portion thereof by any authority having the direct or indirect power to tax, including any city, county, state or federal government, or any school, agricultural, lighting, drainage or other improvement district thereof, as against any legal or equitable interest of Lessor in the premises or on the real property of which the premises are a part, or as against Lessor's right to rent or other income.any

Appears in 1 contract

Samples: Lease Agreement (WTC Industries Inc)

Definition of “Real Property Tax. As used herein, the term "real Real property tax" shall include means: (i) any form of assessmentfee, levylicense fee, penaltylicense tax, business license fee, commercial rental tax, or other tax (other than inheritance or estate taxes) imposed by any taxing authority having against the direct Property (however not including those specifically against Tenant's business); and (ii) any tax or indirect power to taxcharge for fire protection, including any citystreets, countysidewalks, state or federal governmentroad maintenance, or any school, agricultural, lighting, drainage refuse or other improvement district thereof, as against services provided to the Property by any legal or equitable interest of Lessor in the premises or on the real property of which the premises are a part, or as against Lessor's right to rent or other incomegovernmental agency.

Appears in 1 contract

Samples: Standard Multi Tenant Lease (99 Cents Only Stores)

Definition of “Real Property Tax. As used herein, the term "real property taxReal Property Taxes" shall include any form of real estate tax or assessment, levygeneral, penaltyspecial, ordinary or tax (other than inheritance extraordinary, improvement bond or estate taxes) bonds imposed on the Premises or any portion thereof by any authority having the direct or indirect power to tax, including any city, county, state or federal government, or any school, agricultural, lightingsanitary, fire, street, drainage or other improvement district thereof, as against any legal or equitable interest of Lessor Landlord in the premises Premises or on the real property of which the premises are a partin any portion thereof. Real Property Taxes shall not include income, or as against Lessor's right to rent or other incomeinheritance and gift taxes.

Appears in 1 contract

Samples: Standard Industrial Lease (Homegrocer Com Inc)

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