Governmental Fees. Any fees imposed by any Governmental Authority related to or arising from operations of the Assets (including fees relating to air emissions pursuant to any Permit) will be prorated between Purchaser and Seller and TOPIII on the following basis: Seller and TOPIII are responsible for the portion of such fees relating to the period up to the Closing Date; and Purchaser is responsible for the portion of such fees relating to the period on and after the Closing Date. All fees will be prorated on the assumption that an equal amount of fees applies to each day of the license period, regardless of how or when any installment payments are billed or made. Notwithstanding the foregoing, Purchaser will bear all fees which arise out of a change in ownership of the Assets, including the transfer of the governmental permits, licenses, Orders, variances, approvals and applications described in Schedule 2.1(d) “Permits,” and all fees and expenses (including expenses related to or arising from the preparation of a renewal application, such as environmental consultants’ fees) associated with a renewal of a license or permit where the expiration date occurs after the Closing Date.
Governmental Fees. All fees which relate to the conduct of Tenant's business on the premises or relate to any improvements made on the premises by Tenant shall be paid by Tenant.
Governmental Fees. (a) Other than as may be set forth in subsection (b) below, the Redeveloper shall pay all fees required under the Borough Code and any other fees required by any other Governmental Authority in connection with the construction and development of the Project Improvements.
(b) The Borough makes no representations or warranties, express or implied, as to the fees, charges or costs of any Governmental Authority or as to any and all such fees required or mandated to be imposed by the Borough upon the Redeveloper by another Governmental Authority other than the Borough.
Governmental Fees. Any fees imposed by any Governmental Authority ----------------- related to or arising from operations of the Assets (including fees relating to air emissions pursuant to any permit to operate) will be prorated between Purchaser and ComEd on the following basis: ComEd is responsible for the portion of such fees relating to the period up to the Closing Date; and Purchaser is responsible for the portion of such fees relating to the period on and after the Closing Date. All fees will be prorated on the assumption that an equal amount of fees applies to each day of the year, regardless of how or when any installment payments are billed or made. Notwithstanding the foregoing, Purchaser will bear all fees that arise out of a change in ownership of the Assets, including the transfer of the governmental permits, licenses and approvals described in Schedule 2.1(c) (Specific Permits, Licenses and --------------- Variances), and all fees and expenses (including expenses related to or arising from the preparation of a renewal application, such as environmental consultants' fees) associated with a renewal of a license or permit where the expiration date occurs after the Closing.
Governmental Fees. All fees due under applicable law to the Port, City, County or State on account of any inspection made on leased premises by any officer thereof, shall be paid by Xxxxxx.
Governmental Fees. In the event Purchaser is entitled to a credit or waiver of Governmental Fees by the County and/or other governmental or quasi-governmental entity as a result of the Infrastructure Improvements and/or Dedications, then, in such event, Purchaser shall pay to or reimburse Seller and/or its designated affiliates in an amount equal to such credited or waived Governmental Fees at the same time that the Governmental Fees would otherwise be payable by Purchaser or its assignees to the County or other Authority but for the construction of the Infrastructure Improvements and/or the Dedications by Seller, its affiliates and/or metropolitan district(s). In addition, Purchaser acknowledges that Seller or its affiliate(s) may have negotiated or may negotiate with the County or other Authority for reimbursements to Seller or its affiliates. Purchaser acknowledges that certain Governmental Fees which may be paid by Purchaser to the County or other Authority may be reimbursed to Seller and/or its affiliates pursuant to the terms of said agreement. The obligations and covenants set forth in this Section 17 shall survive the Closing of the purchase and sale of the Property and shall represent a continuing obligation of Purchaser until complete satisfaction thereof. Purchaser shall be released from the obligations in this Section 17 to the extent such obligations are assumed in writing by a subsequent owner of all or a portion of the Property and a copy of such written assumption is furnished to Seller. Each special warranty deed conveying the applicable portion of the Property at each Closing shall contain the foregoing reimbursement covenant, which reimbursement covenant shall expressly state that it automatically terminates as to any Lot upon issuance of a certificate of occupancy for a home constructed on the Lot and conveyance of the Lot to a homebuyer.
Governmental Fees. In the event any tax, surcharge or regulatory fee is at any time imposed by any governmental authority upon or with respect to parking or vehicles parking in the parking spaces referred to herein, Tenant shall cause Subtenant to pay such tax, surcharge or regulatory fee as Additional Rent under this Lease, such payments to be made in advance and from time to time as required by Landlord (except that they shall be paid monthly with Additional Minimum Monthly Rent payments if permitted by such governmental authority).
Governmental Fees. The parties acknowledge that the rates herein include all applicable fees, taxes or similar assessments incurred under federal, state and local laws, rules and ordinances (excluding sales taxes and taxes imposed on income) (the “Fees”). The parties acknowledge and understand that the Fees may vary from time to time, and, in the event any of such Fees are increased or additional Fees are imposed subsequent to the effective date of this Agreement, the parties agree that the rates herein shall be immediately increased by the amount of any such increase in Fees or additional Fees.
Governmental Fees. All fees, taxes, and other governmental charges payable to the City, County, State or other governmental entity, during the life of this lease shall be paid by Lessee.
Governmental Fees. The Developer will pay the Redevelopment Agency an annual fee covering ongoing Project administration costs and other government fees associated with the Project of approximately $14 million over the 15-year build out of the Project. • Planning & Entitlement. The pre-development planning and entitlement work by the Developer necessary to secure Project approvals from the City and other regulatory agencies is estimated at $33.6 million (including the Developer’s payment of costs of the Redevelopment Agency and the City) from initiation of negotiations to the close of escrow.
