Common use of PAYMENT OF TAX INCREASE Clause in Contracts

PAYMENT OF TAX INCREASE. Lessor shall pay the real property tax, as defined in Paragraph 10.3 applicable to the Premises; provided, however, that Lessee shall pay, in addition to rent, the amount, if any, by which real property taxes applicable to the Premises increased over the fiscal real estate year 2002/2003 . Such payment shall be made by Lessee within Thirty (30) days after receipt of Lessor's written statement setting forth the amount of such increase and the computation thereof. If the term of this Lease shall not expire concurrently with the expiration of the tax fiscal year, Lessee's liability for increased taxes for the last partial lease year shall be prorated on an annual basis.

Appears in 2 contracts

Samples: Office Lease Agreement (Advanced Media Inc), Assignment of Lease Agreement (Progressive Training, Inc.)

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PAYMENT OF TAX INCREASE. Lessor shall pay the real property tax, as defined in Paragraph 10.3 paragraph 10.3, applicable to the Premises; provided, however, that Lessee shall pay, in addition to rent, the amount, if any, by which real property taxes applicable to the Premises increased increase over the fiscal real estate tax year 2002/2003 1990-1991. Such payment shall be made by Lessee within Thirty thirty (30) days after receipt of Lessor's written statement setting forth the amount of such increase and the computation thereof. If the term of this Lease shall not expire concurrently with the expiration of the tax fiscal year, Lessee's liability for increased taxes for the last partial lease year shall be prorated on an annual basis.

Appears in 2 contracts

Samples: Standard Industrial Lease (Park Electrochemical Corp), Standard Industrial Lease (Park Electrochemical Corp)

PAYMENT OF TAX INCREASE. Lessor shall pay the real property tax, as defined in Paragraph 10.3 paragraph 10.3, applicable to the Premises; provided, however, that Lessee shall pay, in addition to rent, the amount, if any, by which real property taxes applicable to the Premises increased increase over the fiscal real estate tax year 2002/2003 1993-1994. Such payment shall be made by Lessee within Thirty thirty (30) days after receipt of Lessor's written statement setting forth the amount of such increase and the computation thereof. If the term of this Lease shall not expire concurrently with the expiration of the tax fiscal year, Lessee's liability for increased taxes for the last partial lease year shall be prorated on an annual basis.

Appears in 1 contract

Samples: Standard Industrial Lease (Two Dog Net Inc)

PAYMENT OF TAX INCREASE. Lessor shall pay the real property tax, as defined in Paragraph 10.3 paragraph 10.3, applicable to the Premises; Industrial Center, provided, however, that Lessee shall pay, in addition to rent, the amount, if any, by which real property taxes applicable to the Premises increased increase over the fiscal real estate tax year 2002/2003 1994-1995. Such payment shall be made by Lessee within Thirty thirty (30) days after the receipt of Lessor's written statement setting forth the amount of such increase and the computation thereof. If the term of this Lease shall not expire concurrently with the expiration of the tax fiscal year, Lessee's liability for increased taxes for the last partial lease year shall be prorated on an annual basis.

Appears in 1 contract

Samples: Standard Industrial Lease (Polycom Inc)

PAYMENT OF TAX INCREASE. Lessor shall pay the real property tax, as defined in Paragraph 10.3 10.3, applicable to the Premises; , provided, however, that Lessee shall pay, in addition to rent, the amount, if any, by which real property taxes applicable to the Premises increased increase over the fiscal real estate tax year 2002/2003 . 1985, 1986., Such payment shall be made by Lessee within Thirty thirty (30) days after receipt of Lessor's written statement setting forth the amount of such increase and the computation thereof. If the term of this Lease shall not expire concurrently with the expiration of the tax fiscal year, Lessee's liability for increased taxes for the last partial lease year shall be prorated on an annual basis.

Appears in 1 contract

Samples: Standard Industrial Lease (Primex Technologies Inc)

PAYMENT OF TAX INCREASE. Lessor shall pay the real property tax, as defined in Paragraph 10.3 paragraph 10.3, applicable to the Premises; provided, however, that Lessee shall pay, in addition to rent, the amount, if any, by which real property taxes applicable to the Premises increased increase over the fiscal real estate tax year 2002/2003 19____ 19____. Such payment shall be made by Lessee within Thirty thirty (30) days after receipt of Lessor's written statement setting forth the amount of such increase and the computation thereof. If the term of this Lease shall not expire concurrently with the expiration of the tax fiscal year, Lessee's liability for increased taxes for the last partial lease year shall be prorated on an annual basis.

Appears in 1 contract

Samples: Standard Industrial Lease (Micro Therapeutics Inc)

PAYMENT OF TAX INCREASE. Lessor shall pay the real property tax, as defined in Paragraph 10.3 paragraph 10.3, applicable to the Premises; provided, however, that Lessee shall pay, in addition to rent, the amount, if any, by which real property taxes applicable to the Premises increased increase over the fiscal real estate tax year 2002/2003 1999-2000. Such payment shall be made by Lessee within Thirty thirty (30) days after receipt of Lessor's written statement setting forth the amount of such increase and the computation thereof. If It the term of this Lease shall not expire concurrently with the expiration of the tax fiscal year, Lessee's liability for increased taxes for the last partial lease year shall be prorated on an annual basis.

Appears in 1 contract

Samples: Standard Industrial Lease (Entech Environmental Technologies Inc)

PAYMENT OF TAX INCREASE. Lessor shall pay the real property tax, as defined in Paragraph 10.3 paragraph 10.3, applicable to the Premises; provided, however, that Lessee shall paypay its pro rata share, in addition to rent, the amount, if any, by which real property taxes applicable to the Premises increased increase over the fiscal real estate tax year 2002/2003 1998, 1999. Such payment shall be made by Lessee within Thirty thirty (30) days after receipt of Lessor's written statement setting forth the amount of such increase and the computation thereof. If the term of this Lease shall not expire concurrently with the expiration of the tax fiscal year, . Lessee's liability for increased taxes for the last partial lease year shall be prorated on an annual basis.

Appears in 1 contract

Samples: Standard Industrial Lease (Iprint Com Inc)

PAYMENT OF TAX INCREASE. Lessor shall pay the real property tax, as defined in Paragraph 10.3 paragraph 16.3, applicable to the Premises; provided, however, that Lessee shall pay, in addition to rent, the amount, if any, by which real property taxes applicable to the Premises increased increase over the fiscal real estate tax year 2002/2003 1998/1999. Such payment shall be made by Lessee within Thirty thirty (30) days after receipt of Lessor's written statement setting forth the amount of such increase and the computation thereof. If the term of this Lease shall not expire concurrently with the expiration of the tax fiscal year, Lessee's liability for increased taxes for the last partial lease year shall be prorated on an annual basis.

Appears in 1 contract

Samples: Sublease Agreement (Duraswitch Industries Inc)

PAYMENT OF TAX INCREASE. Lessor shall pay the real property tax, as defined in Paragraph 10.3 paragraph 10.3, applicable to the Premises; provided, however, that Lessee shall pay, in addition to rent, the amount, if any, by which real property taxes applicable to the Premises increased increase over the fiscal real estate tax year 2002/2003 1996 1997. Such payment shall be made by Lessee within Thirty thirty (30) days after receipt of Lessor's written statement setting forth the amount of such increase and the computation thereof. If the term of this Lease shall not expire concurrently with the expiration of the tax fiscal year, Lessee's liability for increased taxes for the last partial lease year shall be prorated on an annual basis.

Appears in 1 contract

Samples: Lease Agreement (Intellisys Group Inc)

PAYMENT OF TAX INCREASE. Lessor shall pay the real property tax, as defined in Paragraph 10.3 paragraph 10.3, applicable to the Premises; , provided, however, that Lessee shall pay, in addition to rent, the amount, if any, by which real property taxes applicable to the Premises increased increase over the fiscal real estate tax year 2002/2003 1992-1993. Such payment shall be made by Lessee within Thirty thirty (30) days after receipt of Lessor's written statement setting forth the amount of such increase and the computation thereof. If the term of this Lease shall not expire concurrently with the expiration of the tax fiscal year, Lessee's liability for increased taxes for the last partial lease year shall be prorated on an annual basis.

Appears in 1 contract

Samples: Standard Industrial Lease (Transgenomic Inc)

PAYMENT OF TAX INCREASE. Lessor shall pay the real property tax, as defined in Paragraph 10.3 paragraph 10.3, applicable to the Premises; provided, however, that Lessee shall pay, in addition to rent, the amount, if any, by which real property taxes applicable to the Premises increased increase over the fiscal real estate tax year 2002/2003 1993-94. Such payment shall be made by Lessee within Thirty thirty (30) days after receipt of Lessor's written statement setting forth for the amount of such increase and the computation thereof. If the term of this Lease shall not expire concurrently with the expiration of the tax fiscal year, Lessee's liability for increased taxes for the last partial lease year shall be prorated on an annual basis.

Appears in 1 contract

Samples: Standard Industrial Lease (Coyote Sports Inc)

PAYMENT OF TAX INCREASE. Lessor shall pay the real property tax, as defined in Paragraph 10.3 paragraph 16.3, applicable to the Premises; provided, however, that Lessee shall pay, in addition to rent, the amount, if any, by which real property taxes applicable to the Premises increased increase over the fiscal real estate tax year 2002/2003 2003. Such payment shall be made by Lessee within Thirty thirty (30) days after receipt of Lessor's written statement setting forth the amount of such increase and the computation thereof. If the term of this Lease shall not expire concurrently with the expiration of the tax fiscal year, Lessee's liability for increased taxes for the last partial lease year shall be prorated on an annual basis.

Appears in 1 contract

Samples: Sublease Agreement (Duraswitch Industries Inc)

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PAYMENT OF TAX INCREASE. Lessor shall pay the real property tax, as defined in Paragraph 10.3 paragraph 10.3, applicable to the Premises; provided, however, that Lessee shall pay, in addition to rent, the amount, if any, by which real property taxes applicable to the Premises increased increase over the fiscal real estate tax year 2002/2003 1996 1997. Such payment shall be made by Lessee within Thirty thirty (30) days after receipt of Lessor's written statement setting forth the amount of such increase and the computation thereof. If the term of this Lease shall not expire concurrently with the expiration of the tax fiscal year, Lessee's Lessee s liability for increased taxes for the last partial lease year shall be prorated on an annual basis.

Appears in 1 contract

Samples: Standard Industrial Lease (Genetronics Biomedical LTD)

PAYMENT OF TAX INCREASE. Lessor shall pay the all real property tax, as defined in Paragraph 10.3 taxes applicable to the Premises; provided, however, that Lessee shall pay, in addition to rent, the amount, if any, by which real property taxes applicable to the Premises increased increase over the fiscal real estate taxes paid for calendar year 2002/2003 1988. Such payment shall be made by Lessee to Lessor within Thirty thirty (30) days after receipt of Lessor's written statement setting forth the amount of such increase and the computation thereof. If the term of this Lease shall not expire concurrently with the expiration of the tax fiscal year, Lessee's liability for increased taxes for the last partial lease year shall be prorated on an annual basisbasis and shall survive the expiration of this Lease.

Appears in 1 contract

Samples: Lease (Printpack Inc)

PAYMENT OF TAX INCREASE. Lessor shall pay the real property tax, as defined in Paragraph 10.3 paragraph 10.3, applicable to the Premises; provided, however, that Lessee shall pay, in addition to rent, the amount, if any, by which real property taxes applicable to the Premises increased increase over the fiscal real estate tax year 2002/2003 9~/95. Such payment shall be made by Lessee within Thirty thirty (30) days after receipt of Lessor's written statement setting forth the amount of such increase and the computation thereof. If the term of this Lease shall not expire concurrently with the expiration of the tax fiscal year, Lessee's liability for increased taxes for the last partial lease year shall be prorated on an annual basis.

Appears in 1 contract

Samples: Standard Office Lease (Immecor Corp)

PAYMENT OF TAX INCREASE. Lessor shall pay the real property tax, as defined in Paragraph 10.3 paragraph 10.3, applicable to the Premises; provided, however, that Lessee shall pay, in addition to rent, the amount, if any, by which real property taxes applicable to the Premises increased increase over the fiscal real estate tax year 2002/2003 1995 to 1996. Such payment shall be made by Lessee within Thirty thirty (30) days after receipt of Lessor's written statement setting forth the amount of such increase and the computation thereof. If the term of this Lease shall not expire concurrently with the expiration of the tax fiscal year, Lessee's liability for increased taxes for the last partial lease year shall be prorated on an annual basis.

Appears in 1 contract

Samples: Standard Industrial Lease (Embark Com Inc)

PAYMENT OF TAX INCREASE. Lessor shall pay the real property tax, as defined in Paragraph 10.3 paragraph 10.3, applicable to the Premises; provided, however, that Lessee shall pay, in addition to rent, the amount, if any, by which real property taxes applicable to the Premises increased increase over the fiscal real estate tax year 2002/2003 1998, 1999. Such payment shall be made by Lessee within Thirty thirty (30) days after receipt of Lessor's written statement setting forth the amount of such increase and the computation thereof. If if the term of this Lease shall not expire concurrently with the expiration of the tax fiscal year, Lessee's liability for increased taxes for the last partial lease year shall be prorated on an annual basis.

Appears in 1 contract

Samples: Standard Industrial Lease (Transgenomic Inc)

PAYMENT OF TAX INCREASE. Lessor shall pay the real property tax, as defined in Paragraph 10.3 paragraph 10.3, applicable to the Premises; Premises provided, however, that Lessee shall pay, pay in addition to rent, the amount, if any, by which real property taxes applicable to the Premises increased increase over the fiscal real estate tax year 2002/2003 1996, 1997. Such payment shall be made by Lessee within Thirty thirty (30) days after receipt of Lessor's written statement setting forth the amount of such increase and the computation thereof. If the term of this Lease shall not expire concurrently with the expiration of the tax fiscal year, Lessee's liability for increased taxes for the last partial lease year shall be prorated on an annual basis.

Appears in 1 contract

Samples: Standard Industrial Lease (Synthonics Technologies Inc)

PAYMENT OF TAX INCREASE. Lessor shall pay the real property tax, as defined in Paragraph 10.3 paragraph 10.3, applicable to the Premises; , provided, however, that Lessee shall pay, in addition to rent, the amount, if any, by which real property taxes applicable to the Premises increased increase over the fiscal real estate tax year 2002/2003 1990 1991. Such payment shall be made by Lessee within Thirty thirty (30) days after receipt of Lessor's written statement setting forth the amount of such increase and the computation thereof. If the term of this Lease shall not expire concurrently with the expiration of the tax fiscal year, Lessee's liability for increased taxes for the last partial lease year shall be prorated on an annual basis.

Appears in 1 contract

Samples: Standard Industrial Lease (Prolong International Corp)

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