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 increase over the fiscal real estate tax year 19

Appears in 4 contracts

Samples: Standard Industrial Lease (Patriot Motorcycle Corp), Standard Industrial Lease (Patriot Motorcycle Corp), Lease Agreement (Microtel International Inc)

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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 increase over the fiscal real estate tax year 19.

Appears in 2 contracts

Samples: Industrial Sub Lease (Oralabs Holding Corp), Standard Industrial Lease (Optical Access Inc)

PAYMENT OF TAX INCREASE. Lessor shall pay the real property tax, as defined in paragraph 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 increase over the fiscal real estate tax year 19.

Appears in 1 contract

Samples: Standard Industrial Lease (Direct Focus Inc)

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, pay in addition to rent, the amount, if any, by which real property taxes applicable to the Premises increase over the fiscal real estate tax year 19addition

Appears in 1 contract

Samples: Standard Industrial Lease (Motor Cargo Industries Inc)

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 lessee shall pay, in addition to rent, the amount, if any, by which real property taxes applicable to the Premises increase over the fiscal real estate tax year 19

Appears in 1 contract

Samples: Standard Industrial Lease (Jmar Industries Inc)

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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 increase over the fiscal real estate tax year 19

Appears in 1 contract

Samples: Standard Industrial Lease (Rockford Corp)

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 . In addition to rent, the amount, if any, by which real property taxes applicable to the Premises increase over the fiscal real estate tax year 19

Appears in 1 contract

Samples: Lease Agreement (Microtel International Inc)

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