Common use of Notice of GPLET Clause in Contracts

Notice of GPLET. As required under A.R.S. §42-6206(A)(1), Tenant is hereby notified of its potential tax liability under the GPLET provisions of A.R.S. § 42-6201 through § 42-6209, as now or hereafter amended. Notice is further given that failure by Tenant to pay the GPLET after notice and an opportunity to cure could result in divesting Tenant of any interest in or occupancy of the government property improvements to which this Lease applies, subject, however, to Landlord’s satisfaction of its obligations and the accuracy of its representations hereunder.

Notice of GPLET. As required under A.R.S. §Section 42-6206(A)(1), Tenant is hereby notified of its potential tax liability under the GPLET provisions of A.R.S. § Sections 42-6201 through § 42-6209, as now or hereafter amended. Notice is further given that failure by Tenant to pay the GPLET after notice and an opportunity to cure could result in divesting Tenant of any interest in or occupancy of the government property improvements to which this Lease applies, subject, however, to Landlord’s satisfaction of its obligations and the accuracy of its representations hereunder.

Notice of GPLET. As required under A.R.S. §42-6206(A)(16206 (A) (1), Tenant is hereby notified of its potential tax liability under the GPLET provisions of A.R.S. § 42-6201 through § 42-6209, as now or hereafter amended. Notice is further given that failure by Tenant to pay the GPLET after notice and an opportunity to cure could result in divesting Tenant of any interest in or occupancy of the government property improvements to which this Lease applies, subject, however, to Landlord’s satisfaction of its obligations and the accuracy of its representations hereunder.