REAL ESTATE TAX ESCALATION. Tenant shall pay Owner as additional rents the amounts set forth in this Article 39.
A. The following definitions shall apply:
REAL ESTATE TAX ESCALATION. For purposes of this Article, the following definitions shall apply:
REAL ESTATE TAX ESCALATION. Tenant shall pay to Landlord, as Additional Rent, Real Estate Tax Escalation (as defined below) on or before the thirtieth (30th) day following billing therefor by Landlord.
REAL ESTATE TAX ESCALATION. In order to adjust, during the term of this lease, for increases in the expenses of the Landlord for Real Estate Taxes, the Tenant shall pay to the Landlord, as additional rent, Tenant’s Proportionate Share of any increases in such Real Estate Taxes, computed in the manner set forth in this Article.
REAL ESTATE TAX ESCALATION. In order to adjust, during the term of this lease, for increases in the expenses of the Landlord for Real Estate Taxes, the Tenant, commencing on July 1, 2001 and in each year thereafter, shall pay to the Landlord, as additional rent, the Tenant's Proportionate Share of any Increase in such Real Estate Taxes, all in accordance with paragraphs (c) through (g) below.
REAL ESTATE TAX ESCALATION. (i) This real estate tax escalation provision requires Tenant to pay Tenant's Prorata Share of increases in Real Estate Taxes from that of the Base Tax Year. In addition to the Base Rent, Tenant shall pay the Real Estate Taxes Escalation.
REAL ESTATE TAX ESCALATION. In addition to basic annual rent, Tenant agrees to pay Landlord as additional rent sums computed in accordance with this Article.
REAL ESTATE TAX ESCALATION. 19.01. Tenant shall pay to Landlord as Additional Rent real estate tax escalations pursuant to the further provisions of this Article XIX.
19.02. For the purposes of this Article, the term "Taxes" shall include the sum of all real estate taxes and assessments, special assessments, water and sewer rents, excises, levies, and any other charges by any public authority, which are general or special, ordinary or extraordinary, foreseen or unforeseen, or of any kind and nature whatsoever, and which shall or may, during or in respect to the Term of this Lease, be assessed, levied, charged, confirmed, or imposed upon, or become due and payable out of, or become a lien on the Demised Premises, Land, Building, Property or appurtenances or facilities used in connection therewith. If at any time during the Term of this Lease the methods of taxation prevailing at the execution of this Lease shall be altered so that in lieu of or as a substitute for the whole or any part of the taxes, assessments, levies, impositions or charges now levied, assessed or imposed on real estate or the improvements thereon there shall be levied, assessed or imposed (i) a tax, assessment, levy, imposition or charge wholly or partially payable as a capital levy or otherwise on the rents received therefrom, or (ii) a tax, assessment, levy, imposition or charge measured by or based in whole or in part upon the Demised Premises and imposed upon Landlord, or (iii) a license fee or charge measured by the rents payable by Tenant to Landlord, or (iv) a license fee or charge measured by the rent receivable by Landlord for the Building or the Property or any portion thereof and/or the Land or any other building or other improvements constructed on the Land, or (v) a tax, license fee or charge imposed on Landlord which is otherwise measured by or based in whole or in part, upon the Property, the Building or any portion thereof and/or the Land or any other building or other improvements constructed on the Land, or (vi) any other tax or levy imposed in lieu of or as a substitute for Taxes which are levied, assessed or imposed as of the date of this Lease, then in any such event, the same shall be included in the computation of Taxes hereunder. A tax xxxx or copy thereof shall be conclusive evidence of the amount of Taxes or installments thereof.
REAL ESTATE TAX ESCALATION. Tenant shall pay to Landlord, as additional rent, tax escalations in accordance with this article.
REAL ESTATE TAX ESCALATION. (a) If in any calendar year during the term hereof, or in any renewal or extension of the term hereof, the annual real estate taxes assessed against the land and improvements of which the Leased Premises are a part, shall be greater than the annual real estate taxes assessed against the land and improvements for the calendar year 2003 (the "Base Year Taxes") then, in addition to the base rent herein fixed, Tenant agrees to pay to Landlord a sum equal to 5.58% of the amount by which said tax exceeds the Base Year Taxes. Such amount shall be paid within fifteen (15) days after demand therefore by Landlord and shall be collectible as rent. Copies of tax bills shall be sufficient evidence of the amount of such taxes and shall be used for the calculation of the amounts to be paid by Tenant. If the term hereof shall commence after the first day of January or shall terminate prior to the last day of December in any year, then such additional rent resulting from a tax increase shall be proportionately adjusted for the fraction of the calendar year involved. Tenant acknowledges that real estate taxes in New Jersey are billed in July of each year but nonetheless apply to the entire calendar year. If this lease terminates prior to the receipt of a tax xxxx be Landlord for the calendar year in which this lease terminates, Tenant shall nevertheless remain liable for its proportionate share of the tax increase, if any, in the year of termination. Tenant agrees to pay the same within ten days of demand therefor by Landlord notwithstanding that this lease may have terminated prior to the date of demand by Landlord.
(b) Any adjustment due for Taxes for the last calendar year in which the lease expires as may be required shall survive the expiration or termination of this lease.
