General Excise Tax. Seller shall, when making payments to Company under this Agreement, pay such additional amount as may be necessary to reimburse Company for the Hawai‘i general excise tax on gross income and all other similar taxes imposed on Company by any Governmental Authority with respect to payments in the nature of gross receipts tax, sales tax, privilege tax or the like (including receipt of any payment made under this Section 27.20 (Hawai‘i General Excise Tax)), but excluding federal or state net income taxes. By way of example and not limitation, as of the Execution Date, all payments subject to the Hawai‘i general excise tax plus surcharge on O‘ahu (totaling 4.5% as of the Execution Date) would include an additional 4.712% so that the underlying payment will be net of such tax liability. Company will not reimburse Seller for any taxes or fees imposed on Seller including, but not limited to, State of Hawai‘i general excise tax.
General Excise Tax. In addition to any payment made by Licensee under this Agreement (whether actually paid by Licensee or deemed to be paid to Licensor through setoff or otherwise), Licensee shall pay Licensor the Hawaii general excise tax (currently 4.712%) related to such payment.
General Excise Tax. Tenant shall also pay to Landlord as additional rent, together with each payment of rental, real property taxes and other charges payable by Tenant under the Lease with respect to the 1225 Additional Premises, all amounts payable with respect to general excise taxes, as provided in Paragraph 6 of Section III of the Lease.
General Excise Tax. Licensee will pay to Licensor as an additional license fee, at the time and together with each payment of its license fee, or other charge required hereunder to be made by Licensee to Licensor which is subject to the Hawaii general excise tax on gross income or any successor or similar tax, an amount which, when added to the license fee, or other charge (whether actually or constructively received by Licensor), shall yield to Licensor after deduction of all such taxes payable by Licensor with respect thereto, a net amount equal to that which Licensor would have realized therefrom had no such tax been imposed.
General Excise Tax. Lessee will pay to Lessor as additional rent, at the time and together with each payment of annual rent, additional rent, or other charge required hereunder to be made by Lessee to Lessor which is subject to the Hawaii general excise tax on gross income or any successor or similar tax, an amount which, when added to said annual rent, additional rent, or other charge (whether actually or constructively received by Lessor), shall yield to Lessor, after deduction of all such taxes payable by Lessor with respect thereto, a net amount equal to that which Lessor would have realized therefrom had no such taxes been imposed. Anything in this paragraph 7 to the contrary notwithstanding, any such payment made under the Resource Lease shall be deemed to be a payment under this lease to the extent any such payment would duplicate a payment otherwise due under this lease.
General Excise Tax. Grantee will pay to Grantor as additional rent, at the time and together with each payment of annual rent, additional rent, or other charge required hereunder to be made by Grantee to Grantor, an amount equal to the amount, if any, payable by Grantor pursuant to the Hawaii General Excise Tax Law or any successor or substitute law based on gross income
General Excise Tax. Lessee will pay to Lessors as additional rent, at the time and together with each payment of annual rent, additional rent, or other charge required hereunder to be made by Lessee to Lessors which is subject to the Hawaii general excise tax on gross income or any successor or similar tax, an amount which, when added to said annual rent, additional rent, or other charge (whether actually or constructively received by Lessors), shall yield to Lessors, after deduction of all such taxes payable by Lessors with respect thereto, a net amount equal to that which Lessors would have realized therefrom had no such taxes been imposed.
General Excise Tax. Lessee will pay to Lessor as additional rent, ------------------ at the time and together with each payment of rent, additional rent, or other charge required hereunder to be made by Lessee to Lessor which is subject to the Hawaii general tax on gross income or any successor or similar tax, an amount which, when added to said rent, additional rent, or other charge (whether actually or constructively received by Lessor), shall yield to Lessor, after deduction of all such taxes payable by Lessor with respect thereto, a net amount equal to that which Lessor would have realized therefrom had no such taxes been imposed.
General Excise Tax. The Lessee shall pay to the Lessor, as additional rent, an amount equal to the gross income taxes payable by the Lessor under the Hawaii general excise tax law, or any similar state, federal or county law which may be hereafter enacted, on account of any rental income, purchase option price or other sums actually received or constructively received by the Lessor from the Lessee pursuant to this Lease. These gross income taxes shall be due at the time the rental income and other sums subject to gross income taxes are received by the Lessor.
General Excise Tax. Lessee will also pay to Lessor at the time and together with each payment of rent which is subject to GET, an amount which, when added to rent (whether actually or constructively received by Lessor), shall yield to Lessor, after deduction of the GET, an amount equal to that which Lessor would have realized had no such GET been imposed. “GET” means the State of Hawaii general excise tax on gross income, any sales or value added taxes under any successor, similar or new federal, state or county law which may be hereafter enacted, on account of the receipt, actual or constructive, by Lessor of the rental payments, reimbursement of gross income taxes, and any other taxable gross income attributable to the Premises or this Lease. For purpose of illustration only, the amount of such tax is presently four percent (4%), resulting in an additional amount to paid by Lessee to Lessor of 4.166%.
