INCREASE IN TAXES. In the event there is an increase in the rate charged under the Provincial Retails Sales Tax or in the event the Vendor is obligated to pay any portion of the municipal or regional or other levies or development charges applicable to the Property, or any or all of the foregoing, and as a result thereof, the costs of the Dwelling increase over those anticipated as of the date of execution of the Agreement (the "Increase"), the Purchaser agrees to pay the Increase to the Vendor as an adjustment on closing. The amount of the Increase shall be determined by a Statutory Declaration sworn on the part of the Vendor which the Purchaser agrees to accept as the sole and absolute proof thereof and to which the Purchaser agrees to be bound. The Purchaser shall be responsible for the payment of any new taxes or any increase in any existing taxes introduced or implemented by any level of government including, without limitation, the proposed provincial harmonized sales tax.
INCREASE IN TAXES. In addition to the Real Property Taxes described above in Section 8.01, Tenant shall pay one hundred percent (100%) of any increase in Real Property Taxes as a result of any Tenant’s Work or any other leasehold improvements, alterations or changes made by Tenant to the Premises during the Term. Tenant shall reimburse Landlord promptly upon demand.
INCREASE IN TAXES. Tenant shall pay, as Additional Rent, one hundred percent (100%) of any increase in real estate taxes on the Building which shall, at any time after the Commencement Date, result from Alterations to the Premises made by Tenant if the taxing authority specifically determines such increase results from such Alterations made by Tenant (and reasonable evidence of such taxing authority’s determination is provided in writing).
INCREASE IN TAXES. If at any time during the Lease Term any of Tenant's property is assessed as a part of the Leased Premises, or if the assessed value of Landlord's property is increased by the inclusion therein of a value placed on Tenant's property or other improvements made by Tenant, Tenant shall pay to Landlord upon demand, as additional rent, the amount of any such additional taxes as may be levied against the Building or Real Property by reason thereof.
INCREASE IN TAXES. Tenant shall pay one hundred percent (100%) of any increase in Real Estate Taxes on the Building which shall, at any time after the Commencement Date, result from Above-standard Alterations to the Premises made by Tenant, if the taxing authority specifically determines such increase results from such alterations, additions or improvements made by Tenant. The provisions of this Section 9.5 shall apply, notwithstanding the provisions of Section 6.1(D). However, any amount paid by Tenant pursuant to this Section 9.5 for any Tax Year shall be excluded from Landlord’s Tax Expenses for such Tax Year.
INCREASE IN TAXES. In the event that the real estate taxes, both general and special, payable with respect to the leased premises during any lease year shall be greater than the amount of such taxes due and payable during the calendar year of 1996, whether by reason of an increase in tax rate or an increase in the assessed valuation or otherwise, LESSEE shall pay to LESSOR the full amount of such increase as additional rent within thirty days after notice that the same is due. Should LESSEE occupy less than the whole of the property against which such taxes are assessed, LESSEE'S obligation hereunder shall be limited to a pro rata portion of such increased tax based on the area of the leased premises to the total rentable space in the property so assessed and of which the premises are a part.
INCREASE IN TAXES. If so required under the terms of the Facility Lease and if Tenant shall make or cause to be made at its own expense any alteration, addition or improvement to the Demised Premises (including those improvements required under the Facility Lease) which shall result in an increase in the Taxes then Tenant shall pay, in addition to the Rent and other charges, the entire increase in such Taxes attributable to such alteration, addition or improvement. Notwithstanding the foregoing, Tenant may contest the validity of any such increase in Taxes, provided Tenant shall give the Landlord such reasonable security to insure payment and to prevent any sale, foreclosure or forfeiture of the Demised Premises by reason of such non-payment as Landlord may reasonably require. Upon final determination of the validity of any such Taxes, Tenant shall pay any judgment or decree rendered against Tenant or Landlord with all proper costs and charges.
INCREASE IN TAXES. Effective as of the commencement date of the Extension Term (i.e., effective as of January 1, 2013), the amount of Real Estate Taxes for the Base Tax Year as provided in Article 74 of the Lease shall be changed from the amount of Real Estate Taxes for the 2002/2003 fiscal tax year to the average of the amount of Real Estate Taxes for the 2011/2012 fiscal tax year and the amount of Real Estate Taxes for the 2012/2013 fiscal tax year.
INCREASE IN TAXES. For and with respect to each calendar year within which the term of this Lease (and any renewal or extension thereof) falls, there shall accrue, as additional rent, the amount, if any, by which Tenant's Share of Taxes for such calendar year (annualized for any partial year) exceeds the Tenant's Share of Taxes for the Base Year. Such additional rent shall be prorated on a per-diem basis for any partial calendar year included within the term. Such additional rent for any calendar year is hereinafter referred to as an "Increase in Taxes", and one-twelfth (1/12) of such amount is hereinafter referred to as a "Monthly Tax Increase."
INCREASE IN TAXES. In addition to Tenant's contribution to Taxes, Tenant shall pay as Additional Rent all increases in Taxes attributed to additions and improvements to the Leased Premises made by or on behalf of Tenant (exclusive of building standard improvements provided by Landlord at Landlord's expense). This element of Additional Rent may be included in Tenant's monthly installments of Additional Rent or, at Landlord's option, separately billed to Tenant by written notice to Tenant, in which case Tenant shall pay the billed amount within thirty (30) days of notice.
