Payment of Personal Property Taxes. Tenant shall pay, when due, all taxes attributable to the personal property, trade fixtures, business, occupancy, or sales of Tenant or any other occupant of the Premises and to the use of the Building by Tenant or such other occupant.
Payment of Personal Property Taxes. Tenant shall pay, before they become delinquent, all personal property taxes, assessments and other governmental charges assessed against any equipment or other personal property of Tenant situated on the Premises. Effective as of the Commencement Date, such personal property and equipment is being transferred by Landlord to Tenant by Xxxx of Sale, the form of which is attached to the Contribution Agreement.
Payment of Personal Property Taxes. (a) Tenant shall pay, prior to delinquency, all taxes assessed against and levied upon trade fixtures, furnishings, equipment and all other personal property of Tenant contained in the Premises. When possible, Tenant shall cause said trade fixtures, furnishings, equipment and all other personal property to be assessed and billed separately from the real property of Landlord.
Payment of Personal Property Taxes. At least ten (10) days prior to delinquency, Tenant shall pay all taxes levied or assessed upon any equipment, furniture and other personal property owned by Tenant and located in or about the Premises.
Payment of Personal Property Taxes. TENANT shall be liable for and shall pay at least ten (10) days before delinquency taxes levied against any personal property or trade fixtures placed by TENANT in or about the Premises. If any such taxes on TENANT's personal or trade fixtures are levied against LANDLORD or LANDLORD's property or if the assessed value of the Premises is increased by the inclusion therein of a value placed upon such personal property or trade fixtures of TENANT and if LANDLORD, after written notice to TENANT, pays the taxes based upon such increased assessments, which LANDLORD shall have the right to do regardless of the validity thereof, but only under proper protest if requested by TENANT. TENANT shall upon demand repay to LANDLORD the taxes levied against LANDLORD, or the proportion of such taxes resulting from such increase in the assessment, provided however, that in such event, at TENANT's sole cost and expense, TENANT shall have the right, in the name of LANDLORD and with LANDLORD's full cooperation, to bring suit in any court of competent jurisdiction to recover the amount of any such taxes so paid under protest, any amount so recovered to belong to TENANT.
Payment of Personal Property Taxes. The Developer agrees to make quarterly payments to the Town for personal property taxes for the Project for a period of twenty (20) consecutive years commencing with fiscal tax year 2020 and ending with fiscal year 2039 (each fiscal year running from July 1-June 30). Such payments shall be made on February 1, May 1, August 1 and November 1 of each fiscal year. The first payment shall be due on August 1, 2020, and the last payment shall be due May 1, 2040. The Parties agree that the valuation for the personal property incorporated into the Project will also be fixed for a term of twenty years, as described in Exhibit C, except, however, to the extent that the Developer adds new equipment or personal property to the Project or replaces the property listed on the Inventory, as such term is defined in Section 2, in which event the valuation shall be adjusted upward, as described in Sections 3 and 4. On or before January 1, April 1, July 1 and October 1 of each year, the Town shall deliver a quarterly xxxx to the Developer indicating the specific amount of the quarterly payment due on February 1, May 1, August 1 and November 1 of that fiscal year, respectively. In each such xxxx, the Town shall include the amount of any upward adjustment on account of the addition or replacement, if any, of equipment or personal property; provided, however, that any failure of the Town to provide any such xxxx, or to provide a xxxx by such dates, shall not relieve Developer of its obligations to make timely payments under this Agreement. Furthermore, in the event that the Town adopts a semi- annual (or other) tax billing schedule, the billing schedule for payments under this Agreement shall, at the sole election of the Town, be adjusted to conform to such tax billing schedule.
Payment of Personal Property Taxes. Tenant shall, during the Term, punctually pay and discharge or cause to be paid and discharged, as and when the same shall become due and payable, all personal property taxes, and charges levied upon or with respect to the personal property used in operating the Premises, together with all sales or use tax related to the personal properly (collectively, the “Taxes”).
Payment of Personal Property Taxes. 21 9. Utilities...............................................................................................21 (a) Installation...................................................................................21 (b) Gas, Electricity, Water and Sewer, Lights, Heat, Power and Telephone Charges...................21 (c) Advances by Landlord...........................................................................21 10. Alterations or Improvements by Tenant...................................................................21
Payment of Personal Property Taxes. Escrow Holder shall pay, at Close of Escrow, with funds otherwise payable to Seller hereunder, all personal property taxes and assessments with respect to personal property located at the Property. Within ten (10) days after the opening of Escrow, Seller shall provide a copy of the current personal property tax xxxx to Escrow Holder.
Payment of Personal Property Taxes. Notwithstanding anything in Section 4.3 to the contrary, Tenant is solely responsible for the required filing and payment of all state and local taxes, fees, licenses and charges attributable or due to the Tenant’s Personal Property (but not any personal property taxes assessed as part of the real property taxes for the Premises which shall be part of the Real Estate Taxes), and subleasing and other revenue generating activities of Tenant at the Premises, including business license fees, gross receipts tax, use taxes and income or franchise taxes on the net income of Tenant in connection with such revenue generating activities at the Premises. [REVISE AS NECESSARY FOR APPLICABLE STATE LAWS]
