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 real estate tax or assessment, general, special, ordinary or extraordinary, and any license fee, commercial rental tax, improvement bond or bonds, levy or tax (other than inheritance, personal income or estate taxes) imposed on the Office Building Project 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, sanitary, fire, street, drainage or other improvement district thereof, as against any legal or equitable interest of Landlord in the Office Building Project or in any portion thereof, as against Landlord’s right to rent or other income therefrom, and as against Landlord’s business of leasing the Office Building Project. The term “real property tax” shall also include any tax, fee, levy, assessment, or charge (i) in substitution of partially or totally, any tax, fee, levy, assessment or charge hereinabove included within the definition of “real property tax,” or (ii) the nature of which was hereinbefore included within the definition of “real property tax,” or (iii) which is imposed for a service or right not charged prior to June 1, 1978, or, if previously charged, has been increased since June 1, 1978, or (iv) which is imposed as a result of a change in ownership, as defined by applicable local statutes for property tax purposes, of the Office Building Project or which is added to a tax or charge hereinbefore included within the definition of real property tax by reason of such change of ownership, or (v) which is imposed by reason of this transaction, any modifications or changes hereto, or any transfers hereof.

Appears in 3 contracts

Samples: Office Lease (Obagi Medical Products, Inc.), Office Lease (Obagi Medical Products, Inc.), Office Lease (Obagi Medical Products, 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 or tax (other than inheritance, personal income or estate taxes) imposed on the Office Building Project or any portion thereof Premises by any authority having the direct or indirect power to tax, including any city, county, state or federal government, or any school, agricultural, sanitary, fire, street, drainage or other improvement district thereof, as against any legal or equitable interest of Landlord Lessor in the Office Building Project Premises or in any portion thereofthe real property of which the Premises are a part, as against Landlord’s Lessor's right to rent or other income therefrom, and as against Landlord’s Lessor's business of leasing the Office Building ProjectPremises. The term "real property tax" shall also include any tax, fee, levy, assessment, assessment or charge (i) in substitution of of, partially or totally, any tax, fee, levy, assessment or charge hereinabove hereinabove, included within the definition of "real property tax," or (ii) the nature of which was hereinbefore included within the definition of "real property tax," or (iii) which is imposed for a service or right not charged prior to June 1, 1978, or, if previously charged, has been increased since June 1, 1978, or (iv) which is imposed as a result of a change in ownershiptransfer, as defined by applicable local statutes for property tax purposeseither partial or total, of Lessor's interest in the Office Building Project Premises or which is added to a tax or charge hereinbefore included within the definition of real property tax by reason of such change of ownershiptransfer, or (v) which is imposed by reason of this transaction, any modifications or changes hereto, or any transfers hereof.

Appears in 3 contracts

Samples: Butterfield & Butterfield Auctioneers Corp, Butterfield & Butterfield Auctioneers Corp, Butterfield & Butterfield Auctioneers Corp

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 Improvement bond or bonds, levy or tax (other than inheritance, personal income or estate taxes) imposed on the Office Building Project 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, sanitary, fire, street, drainage or other improvement district thereof, as against any legal or equitable interest of Landlord Lessor in the Office Building Project Industrial Center or in any portion thereof, as against Landlord’s Lessor's right to rent or other income therefrom, and as against Landlord’s Lessor's business of leasing the Office Building ProjectIndustrial Center. The term "real property tax" shall also include any tax, fee, levy, assessment, assessment or charge (i) in substitution of of, partially or totally, any tax, fee, levy, assessment or charge hereinabove included within the definition of "real property tax," or (ii) the nature of which was hereinbefore included within the definition of "real property tax," or (iii) which is imposed for a service or right not charged prior to June 1, 1978, or, if previously charged, has been increased since June 1, 1978, or (iv) which is imposed as a result of a change in ownershiptransfer, as defined by applicable local statutes for property tax purposeseither partial or total, of Lessor's interest in the Office Building Project Industrial Center or which is added to a tax or charge hereinbefore included within the definition of real property tax by reason of such change of ownershiptransfer, or (v) which is imposed by reason of this transaction, any modifications or changes hereto, or any transfers hereof.

Appears in 2 contracts

Samples: Progenitor Inc, Progenitor 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 or tax (other than inheritance, personal income or estate taxes) imposed on the Office Building Project or any portion thereof by any authority having the direct or indirect power to tax, tax including any city, county, state or federal government, or any school, agricultural, sanitary, fire, street, drainage or other improvement district thereof, as against any legal or equitable interest of Landlord Lessor in the Office Building Project or in any portion thereof, thereof as against Landlord’s Lessor's right to rent or other income therefrom, and as against Landlord’s Lessor's business of leasing the Office Building Project. The term "real property tax" shall also include any tax, fee, levy, assessment, assessment or charge (i) in substitution of of, partially or totally, any tax, feetee, levy, assessment or charge hereinabove included within the definition of "real property tax,” " or (ii) the nature of which was hereinbefore included within the definition of "real property tax," or (iii) which is imposed for a service or right not charged prior to June 1, 1978, 1,1978 or, if previously charged, has been increased since June 1, 19781,1978, or (iv) which is imposed as a result of a change in ownership, as defined by applicable local statutes for property tax purposes, of the Office Building Project or which is added to a tax or charge hereinbefore included within the definition of real property tax by reason of such change of ownership, or (v) which is imposed by reason of this transaction, any modifications or changes hereto, or any transfers hereof.

Appears in 1 contract

Samples: Standard Office Lease (Paperclip Imaging Software Inc/De)

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