Common use of INCREASE IN TAXES Clause in Contracts

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).

Appears in 2 contracts

Samples: Indenture of Lease (Keros Therapeutics, Inc.), Indenture of Lease (Motus GI Holdings, Inc.)

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INCREASE IN TAXES. Tenant shall pay, as Additional Rent, pay one hundred percent (100%) of any increase in real estate taxes on the Building which shall, at any time after the Lease Commencement Date, result from Alterations alterations, additions or improvements to the Premises made by Tenant Tenant, if the taxing authority specifically determines such increase results from such Alterations alterations, additions or improvements made by Tenant (and reasonable evidence of such taxing authority’s determination is provided in writing)Tenant.

Appears in 1 contract

Samples: Lease Agreement (Hubspot Inc)

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INCREASE IN TAXES. Tenant shall pay, as Additional Rent, 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 Alterations alterations, additions or improvements to the Premises made by Tenant Tenant, if the taxing authority specifically determines such increase results from such Alterations alterations, additions or improvements made by Tenant (and reasonable evidence of such taxing authority’s determination is provided in writing)Tenant.

Appears in 1 contract

Samples: Lease Agreement (EPIRUS Biopharmaceuticals, Inc.)

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