No Credit. If in a Tax Comparison Year the Taxes are less than the Base Tax, and/or if in an Expense Comparison Year, the Operating Expenses are less than the Base Operating Expenses, the Tenant shall not be entitled to receive a credit, by way of a reduction in fixed rent, a refund of all or a portion of prior (or a credit against future) Tax Payments or Expense Payments, or otherwise.
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Samples: Lease (Long Distance Direct Holdings Inc), Frontline Communication Corp
No Credit. If in a Tax Comparison Year the Taxes are less than the Base Tax, and/or if in an Expense Comparison Year, the Operating Expenses are less than the Base Operating Expenses, the Tenant shall not be entitled to receive a credit, by way of a reduction in fixed rent, a refund of all or a portion of prior (or a credit against future) Tax Payments or Expense Payments, or otherwise, except as provided in Section 4.03.*
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No Credit. If in a Tax Comparison Year the Taxes are less than the Base Tax, and/or if in an Expense Comparison Year, Year the Operating Expenses are less than the Base Operating Expenses, the Tenant shall not be entitled to receive a credit, by way of a reduction in fixed rentFixed Annual Rent, a refund of all or a portion of prior (or a credit against future) Tax Payments or Expense Payments, or otherwise.
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