Common use of Payment of Real Property Taxes by Tenant Clause in Contracts

Payment of Real Property Taxes by Tenant. Tenant shall pay all Real Property Taxes applicable to the Premises during the Lease Term. If the Premises are not separately assessed, a share of the tax ▇▇▇▇ that includes the Premises shall be allocated to the Premises. Such share shall be equitably determined by Landlord based upon the Rentable Square Footage of the Premises compared to the total Rentable Square Footage covered by the tax ▇▇▇▇, the respective valuations assigned in the assessor's worksheet, or other reasonably available information. Tenant shall pay its share of Real Property Taxes to Landlord, to the extent such obligation exceeds any amount thereof impounded under Section 4.4, within fifteen (15) days after receipt of a statement from Landlord.

Appears in 2 contracts

Sources: Standard Industrial Net Lease (Mitokor), Standard Industrial Net Lease (Mitokor)

Payment of Real Property Taxes by Tenant. Tenant shall pay all Real Property Taxes applicable to the Premises during the Lease Term. If the Premises are not separately assessed, a share of the tax ▇▇▇▇ that includes the Premises shall be allocated to the Premises. Such share shall be equitably determined by Landlord based upon the Rentable Square Footage of the Premises compared to the total Rentable Square Footage covered by the tax ▇▇▇▇, the respective valuations assigned in the assessor's ’s worksheet, or other reasonably available information. Tenant shall pay its share of Real Property Taxes to Landlord, to the extent such obligation exceeds any amount thereof impounded under Section 4.44.5, within fifteen (15) days after receipt of a statement from Landlord.

Appears in 2 contracts

Sources: Lease Agreement (Sophiris Bio Inc.), Lease Agreement (Sophiris Bio Inc.)

Payment of Real Property Taxes by Tenant. Tenant shall pay all Real Property Taxes applicable to the Premises during the Lease Term. If the Premises are not separately assessed, a share of the tax bill ▇▇▇▇ that t includes the Premises shall be allocated to the Premises. Such share shall be equitably determined by Landlord based upon the Rentable Square Footage of the Premises compared to the total Rentable Square Footage covered by the tax bill, ▇▇▇▇, the e respective valuations assigned in the assessor's worksheet, or other reasonably available information. Tenant shall pay its share of Real Property Taxes to Landlord, to the extent such obligation exceeds any amount thereof impounded under Section 4.4, within fifteen (15) days after receipt of a statement from Landlord.

Appears in 1 contract

Sources: Standard Industrial Net Lease (Avanir Pharmaceuticals)

Payment of Real Property Taxes by Tenant. Tenant shall pay all Real Property Taxes applicable to the Premises during the Lease Term. If the Premises are not separately assessed, a share of the tax ▇▇▇▇ bill that includes the Premises shall be allocated to the Premises. Such S▇▇▇ share shall be equitably determined by Landlord based upon the Rentable Square Footage of the Premises compared to the total Rentable Square Footage covered by the tax ▇▇▇▇bill, the respective valuations assigned in the assessor's worksheet, or ▇▇ other reasonably available information. Tenant shall pay its share of Real Property Taxes to Landlord, to the extent such obligation exceeds any amount thereof impounded under Section 4.4, within fifteen (15) days after receipt of a statement from Landlord.

Appears in 1 contract

Sources: Standard Industrial Net Lease (Avanir Pharmaceuticals)

Payment of Real Property Taxes by Tenant. Tenant shall pay all Real a▇▇ ▇▇▇l Property Taxes applicable to the Premises during the Lease Term. , If the Premises are not separately assessed, a share of the tax ▇▇▇▇ bill that includes the Premises shall be allocated to the Premises. Such share shall be equitably determined by Landlord based upon the Rentable Square Footage of the Premises compared to the total Rentable Square Footage covered by the tax ▇▇▇▇bill, the respective valuations assigned in the assessor's worksheet, or other reasonably available information. information Tenant shall pay its share of Real Property Taxes to Landlord, to the extent such obligation exceeds any amount thereof impounded under Section 4.4, within fifteen (15) days after receipt of a statement from Landlord.

Appears in 1 contract

Sources: Standard Industrial Net Lease (Sgi International)

Payment of Real Property Taxes by Tenant. Tenant shall pay all Real Property Taxes applicable to the Premises during the Lease Term. If the Premises are not separately assessed, a share of the tax b▇▇▇ that includes the Premises shall be allocated to the Premises. Such share shall be equitably determined by Landlord based upon the Rentable Square Footage of the Premises compared to the total Rentable Square Footage covered by the tax b▇▇▇, the respective valuations assigned in the assessor's ’s worksheet, or other reasonably available information. Tenant shall pay its share of Real Property Taxes to Landlord, to the extent such obligation exceeds any amount thereof impounded under Section 4.4, within fifteen (15) days after receipt of a statement from Landlord.

Appears in 1 contract

Sources: Sublease Agreement (Tenby Pharma Inc)

Payment of Real Property Taxes by Tenant. Tenant shall pay all ail Real Property Taxes applicable to the Premises during the Lease Term. If the Premises are not separately assessed, a share of the tax ▇▇▇▇ that includes the Premises shall be allocated to the Premises. Tenant, Such share shall be equitably determined by Landlord based upon the Rentable Square Footage of the Premises compared to the total Rentable Square Footage covered by the tax ▇▇▇▇, the respective valuations assigned in the assessor's ’s worksheet, or other reasonably available information. Tenant shall pay its share of Real Property Taxes to Landlord, to the extent such obligation exceeds any amount thereof impounded under Section 4.44.5, within fifteen (15) days after receipt of a statement from Landlord.

Appears in 1 contract

Sources: Standard Industrial Lease (Brooks Automation Inc)