Payment of Real Property Taxes. Landlord shall pay the Real Property Taxes due and payable during the term of this Lease and, except as otherwise provided in Paragraph 10.3, any such amounts shall be included in the calculation of Operating Expenses in accordance with the provisions of Paragraph 4.2.
Payment of Real Property Taxes. Tenant shall pay (and shall provide to Landlord and Landlord’s designated lenders written notice of such payment) not later than three (3) business days prior to the delinquency date therefor all real property taxes; current installments of any general or special assessments; license fees, commercial rental taxes, in lieu taxes, levies, charges, penalties or similar impositions imposed by any authority having the direct power to tax, and which are to be paid by or are incurred by Landlord relating to the Premises, including but not limited to, the following: (a) any tax on or measured by Rent received by Landlord from the Premises or as against Landlord’s business of leasing the Premises; (b) any assessment, tax, fee, levy or charge imposed by governmental agencies for such services as fire protection, street, sidewalk and road maintenance, transportation, refuse removal and for other governmental services formerly provided without charge to property owners or occupants; and (c) costs of determining, filing, contesting and appealing any such tax, assessment or charge, including accountants’, attorneys’ and consultants’ fees in connection with any appeal undertaken in good faith by Landlord consistent with Institutional Owner Practices (collectively, “Taxes”); provided, however that (i) Taxes shall not include any income, inheritance, estate or corporate (or LLC) franchise taxes of Landlord, and (ii) Tenant’s obligations under this Lease shall apply only to Taxes allocable to the Term of this Lease (and any holdover), and in the case where this Lease shall commence or terminate in the middle of a tax year, Tenant’s obligations for such tax year shall be prorated based upon a 365 day year and the number of days within the Term contained within such tax year. Taxes shall also include any assessment, tax, fee, levy or charge in substitution, partially or totally, of any assessment, tax, fee, levy or charge previously included within the definition of Taxes. It is hereby acknowledged by Tenant and Landlord that Proposition 13 was adopted by the voters of California in June 1978 and that assessments, taxes, fees, levies and charges may be imposed by governmental agencies for such services as fire protection, street, sidewalk and road maintenance, transportation, refuse removal and other governmental services formerly provided without charge to property owners or occupants. It is the intention of Tenant and Landlord that all such new and increased assessments, ta...
Payment of Real Property Taxes. Landlord shall pay the Real Property Taxes due and payable during the term of this Lease and, except as otherwise provided in Paragraph 10.3, such payments shall be a Common Area Operating Expense reimbursable pursuant to Paragraph 4.2. Notwithstanding the foregoing, there shall be excluded from Real Property Taxes: (i) all excess profits taxes, franchise taxes, gift taxes, capital stock taxes, inheritance and succession taxes, estate taxes, federal and state income taxes, and other taxes to the extent applicable to Landlord’s general or net income (as opposed to rents, receipts, or income attributable to operations at the project), and (ii) any items included as operating expenses.
Payment of Real Property Taxes. As Additional Rent, commencing on the Commencement Date and continuing throughout the remainder of the Term, Tenant shall pay to Landlord Tenant’s Proportionate Share of the Real Property Taxes for each calendar year of the Lease in the manner described in Section 7 below. Tenant acknowledges and agrees that the Project Land is located as one taxable parcel, but that each of the buildings on the Project are taxed separately. For the purposes of this Section 5, Tenant’s Proportionate Share of Real Property Taxes shall equal 42.01% of the Real Property Taxes on the Project Land and 73.92% of the Real Property Taxes for the Building.
Payment of Real Property Taxes. Tenant shall pay the Real Property Taxes applicable to the Premises during the term of this Agreement. Subject to Section , all such payments shall be made at least ten (10) days prior to any delinquency date. Upon Landlord request, Tenant shall promptly furnish Landlord with satisfactory evidence that such taxes have been paid. If any such taxes shall cover any period of time prior to or after the expiration or termination of this Agreement, Tenant’s share of such taxes shall be prorated to cover only that portion of the tax xxxx applicable to the period that this Agreement is in effect, and Landlord shall reimburse Tenant for any overpayment. If Tenant shall fail to pay any required Real Property Taxes, Landlord shall have the right to pay the same, and Tenant shall reimburse Landlord therefor upon demand.
Payment of Real Property Taxes. Tenant shall pay, as ------------------------------ Additional Rent, the Real Property Taxes (defined below) applicable to the Premises during the Term of this Lease. All such payments shall be made within ten business days after receipt of a written statement from Landlord setting forth such taxes and a copy of the applicable real estate tax xxxx or bills. If any Real Property Taxes paid by Landlord covers any period of time prior to or after the expiration of the Term hereof, Tenant's Share of such taxes shall be equitably prorated to cover only the period of time within the tax fiscal year during which this Lease shall be in effect. Landlord shall have the option, exercisable at any time during the Term, to elect to have Tenant pay Real Property Taxes in monthly installments, in advance, based on Landlord's reasonable estimate of Real Property Taxes for such year.
Payment of Real Property Taxes. Landlord agrees to pay, before they become delinquent, all real property taxes; current installments of any general or special assessments; license fees, commercial rental taxes, in lieu taxes, levies, charges, penalties or similar impositions imposed by any authority having the direct power to tax, and are paid or incurred by Landlord, including but not limited to, the following: (a) any tax on or measured by Rent received by Landlord from the Project or as against Landlord's business of leasing any of the Project; (b) any assessment, tax, fee, levy or charge imposed by governmental agencies for such services as fire protection, street, sidewalk and road maintenance, transportation, refuse removal and for other governmental services formerly provided without charge to property owners or occupants; (c) assessments due to deed restrictions and/or owner associations; and (d) costs of determining, filing, contesting and appealing any such tax, assessment or charge, including reasonable accountants', attorneys' and consultants' fees, but excluding any income, inheritance, estate or corporate franchise taxes of Landlord (collectively, "Taxes"). Taxes shall also include any assessment, tax, fee, levy or charge in substitution, partially or totally, of any assessment, tax, fee, levy or charge previously included within the definition of Taxes. It is hereby acknowledged by Tenant and Landlord that Proposition 13 was adopted by the voters of California in June 1978 and that assessments, taxes, fees, levies and charges may be imposed by governmental agencies for such services as fire protection, street, sidewalk and road maintenance, transportation, refuse removal and other governmental services formerly provided without charge to property owners or occupants. It is the intention of Tenant and Landlord that all such new and increased assessments, taxes, fees, levies and charges, and all similar assessments, taxes, fees, levies and charges be included within the definition of Taxes for purposes of this Lease.
Payment of Real Property Taxes. Landlord shall pay, at Tenant's expense and subject to reimbursement by Tenant as hereinafter set forth, all Real Property Taxes levied against the Premises during the term. The amount of such payments by Landlord shall be based on tax bills and notices received by Landlord pertaining to the Premises (and if Tenant receives any such tax bills or notices, Tenant shall immediately forward same to Landlord) and such payment shall be made before the last day such Real Property Taxes are payable without penalty. Tenant shall reimburse to Landlord, as an item of Additional Rent, the full amount of such Real Property Taxes paid by Landlord within thirty (30) days after Landlord's statement or invoices therefore, which statement or invoice shall be accompanied by reasonable evidence of the amount of such Real Property Taxes. Real Property Taxes shall not include any late charges, penalties or interest attributable to Landlord's late payment (other than caused solely by Tenant) or any charges, assessments or levies attributable to another tenant or another tenant's improvements or another Tenant's late payment.
Payment of Real Property Taxes. Landlord shall pay all real property taxes; current installments of any general or special assessments; license fees, commercial rental taxes, in lieu taxes, levies, charges, penalties or similar impositions imposed by any authority having the direct power to tax, and which are to be paid by or are incurred by Landlord, including but not limited to, the following: (a) any tax on or measured by Rent received by Landlord from the Premises or as against Landlord's business of leasing the Premises; (b) any assessment, tax, fee, levy or charge imposed by governmental agencies for such services applicable to the Premises as fire protection, street, sidewalk and road maintenance, transportation, refuse removal and for other governmental services formerly provided without charge to property owners or occupants; and (c) costs of determining, filing, contesting and appealing any such tax, assessment or charge, including accountants', attorneys' and consultants' fees (collectively, "TAXES"); provided, however that Taxes shall not include (i) any income, inheritance, estate or corporate franchise taxes of Landlord or (ii) any assessments incurred by Landlord on a voluntary basis. Taxes shall also include any assessment, tax, fee, levy or charge in substitution, partially or totally, of any assessment, tax, fee, levy or charge previously included within the definition of Taxes. It is hereby acknowledged by Tenant and Landlord that Proposition 13 was adopted by the voters of California in June 1978 and that assessments, taxes, fees, levies and charges may be imposed by governmental agencies for such services as fire protection, street, sidewalk and road maintenance, transportation, refuse removal and other governmental services formerly provided without charge to property owners or occupants. It is the intention of Tenant and Landlord that all such new and increased assessments, taxes, fees, levies and charges, and all similar assessments, taxes, fees, levies and charges be included within the definition of Taxes for purposes of this Lease.
Payment of Real Property Taxes. Throughout the Term of this Lease, Landlord shall pay or cause to be paid, before any fine, penalty, interest or cost that may be added thereto for the nonpayment thereof, all Real Property Taxes levied against the Total Site. To the extent that Landlord receives invoices, bills, assessments or charges for Real Estate Taxes from any taxing authority with jurisdiction over the Total Site, it shall promptly but, in any event, within thirty (30) days, deliver the same to Tenant. Landlord shall send Landlord copies of the tax bills, with receipt for payment, or other evidence of payment of such portion Real Property Taxes.
