Common use of INCREASE IN TAXES Clause in Contracts

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.

Appears in 2 contracts

Samples: Office Lease (United Western Bancorp Inc), Office Lease (Matrix Bancorp Inc)

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INCREASE IN TAXES. If at any time during the Lease Term any of Tenant's ’s property is assessed as a part of the Leased Premises, or if the assessed value of Landlord's ’s property is increased by the inclusion therein of a value placed on Tenant's ’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 Building, Real Property or Project by reason thereof.

Appears in 1 contract

Samples: Office Lease (Nuvectra Corp)

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INCREASE IN TAXES. If at any time during the term of this Lease Term any ----------------- of Tenant's property is assessed as a part of the Leased Premises, or if the assessed value of the Landlord's property is increased by the inclusion therein of a value placed place on Tenant's property or other improvements made by Tenantproperty, 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.

Appears in 1 contract

Samples: Assignment (Optika Imaging Systems Inc)

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