Leasehold Tax. In addition to the Rent, CBC shall also pay to City the Leasehold Tax assessed against the Premises. The Leasehold Tax is an ad valorem tax assessed on the Premises by the Orange County Property Appraiser. The annual Leasehold Tax assessed on the Premises shall be prorated on a monthly basis and paid with the Monthly Base Rent in the amount shown below and held in a separate account by City for payment of CBC’s tax obligation at such time prescribed by the Orange County Tax Collector. The amount collected is an estimate of the taxes owed by CBC and is subject to adjustment based upon the actual Leasehold Tax due. In the event the amount of Leasehold Tax paid by the CBC to City exceeds the actual tax liability, the excess tax paid by CBC may be refunded to CBC or retained for the succeeding year tax liability, whichever is deemed appropriate exclusively by City. In the event the amount of Leasehold Tax paid by CBC to City is less than the actual tax liability, CBC shall pay the balance due to City no later than ten (10) calendar days from CBC’s receipt of written notice from City that the balance is due. The Prorated Leasehold Tax is calculated as follows, but is subject to change based upon the Property Appraiser’s annual assessment: $8,100.00 (Estimated leasehold tax liability) x 12 months = $675.00 per month
Leasehold Tax. In addition to Rent, Tenant shall pay to the Landlord such sums as may be required by law for payment of leasehold or other tenant tax as required by the State of Washington or other governmental entity, as such laws now exist or as they hereafter may be amended (such leasehold tax currently being 12.84%). If leasehold tax is increased or decreased, the total amount payable for Rent plus leasehold tax shall increase or decrease, but the amount of Rent shall not be changed.
Leasehold Tax. In addition to any rental herein provided, the LESSEE shall pay to the LESSOR the leasehold tax as set forth by the State of Washington R.C.W. 82.29A.030 or as amended. The tax shall be due and payable at the same time the rental charged herein is due and payable. Currently, the Leasehold Tax rate is at twelve-point eighty-four percent (12.84%).
Leasehold Tax. Lessee shall pay to State, the leasehold tax as set forth in RCW Chapter 82.29A - Leasehold Excise Tax as may be amended. The tax shall be due and payable at the same time the rental charged herein is due and payable. Lessee may be assessed leasehold tax directly from the Washington State Department of Revenue. In this instance, Lessee must submit to State a written request, with supporting documentation from the Washington State Department of Revenue, to end leasehold tax billing.
Leasehold Tax. Lessee shall pay to the Landlord such sums as may be required by law for payment of leasehold or other tenant tax as required, imposed, assessed, or imputed by the state of Washington or other tax entity, as such laws now exist or are hereafter be amended (such leasehold tax currently being 12.84%). If leasehold tax is increased or decreased, the total amount payable to the Lessor shall increase or decrease, but the amount of Base Rent, as adjusted herein, shall not be changed as a result of any change in the leasehold tax rate.
Leasehold Tax. Should a leasehold tax be imposed on this Agreement or any interest therein, from the Commencement Date and continuing throughout the Term, Lessee shall pay the leasehold tax as set forth in RCW Chapter 82.29A - Leasehold Excise Tax or as may be amended. The tax shall be due and payable at the same time the rental charged herein is due. Failure to pay said tax when due shall be considered a breach of this Agreement. Any delinquent taxes shall be a debt to the State and in the event the State is subject to any penalties or interest because of the failure of the Lessee to pay such taxes, such penalties and interest shall be payable by the Lessee to the State and shall be considered a debt to the State. In the event the State suffers any costs of whatsoever nature, including attorney fees, or other costs of litigation in collecting said tax, such costs shall be payable by the Lessee and shall be considered a debt due and owing to the State by the Lessee.
Leasehold Tax. Should a leasehold tax be imposed on this Agreement or any interest therein, Lessee shall pay to State, the leasehold tax as set forth in RCW Chapter 82.29A - Leasehold Excise Tax as may be amended. The tax shall be due and payable at the same time the rental charged herein is due and payable. Lessee may be assessed leasehold tax directly from the Washington State Department of Revenue. In this instance, Xxxxxx must submit to State a written request, with supporting documentation from the Washington State Department of Revenue, to end leasehold tax billing.
