REAL ESTATE TAX INCREASES. LESSEE shall pay to LESSOR as additional rent a proportionate share* (based on square footage leased by LESSEE as compared with the total leaseable square footage of the building or buildings of which the leased premises are a part (hereinafter called the building)) of any increase in the real estate taxes levied against the land and building, whether such increase is caused by an increase in the tax rate or the assessment on the property, or a change in the method of determining real estate taxes. Any additional rent shall be prorated should the lease terminate before the end of any tax year. The base from which to determine the amount of any increase in taxes shall be the rate and the assessment in effect as of July 1, 2007, net of abatements, if any. *(currently 1.615 percent)
REAL ESTATE TAX INCREASES. Tenant shall pay to Landlord, as additional rent, Xxxxxx’s Proportionate Share of the amount by which Real Estate Taxes incurred by Landlord during any calendar year following the Base Year for Real Estate Taxes shall exceed the Real Estate Taxes incurred by Landlord during such Base Year.
REAL ESTATE TAX INCREASES. LESSEE shall pay LESSOR as additional rent a proportionate share (based on square footage leased by LESSEE as compared with the total leaseable square footage of the building(s) of which the premises are a part (building”)) of (i) all increases in the real estate (axes levied against the land and building (“property”), whether such increase(s) is/are due to an increase in the tax rate or assessment, or a change in the method of determining real estate taxes, and (ii) all real property surcharges and special assessments levied against the property. The base from which to determine the amount of any increase in taxes shall be (he rate and the assessment in effect for the fiscal year ending June 30, 2016, net of abatements, if any.
REAL ESTATE TAX INCREASES. Section 7.1 The following terms shall have the meanings set forth below:
REAL ESTATE TAX INCREASES. Commencing on January 1, 2024, and thereafter through the term of this Lease, Tenant shall pay to Landlord, as additional rent, Tenant's Proportionate Share of the amount by which Real Estate Taxes incurred by Landlord during any calendar year following the Base Year for Real Estate Taxes shall exceed the Real Estate Taxes incurred by Landlord during such Base Year.
REAL ESTATE TAX INCREASES. LESSEE shall pay LESSOR as additional rent a proportionate share (based on square footage leased by XXXXXX as compared with the total leaseabte square footage of the building(s) of which the premises are a part (“building”)) of any increase in the real estate taxes levied against the land and building (“property), whether such increase is due to an increase in the tax rate or assessment, or a change in the method of determining real estate taxes. The base from which to determine the amount of any increase in taxes shall be the rate and assessment in effect for the fiscal year ending June 30, 2009 , net of abatements, if any . * *Upon XXXXXX’s written request, LESSOR shall provide LESSEE with copies of the applicable tax bills.
REAL ESTATE TAX INCREASES. LESSEE shall pay to LESSOR as additional rent a proportionate share (based on square footage leased by LESSEE as compared with the total leaseable square footage of the building of which the leased premises are a part (hereinafter called the building)) of any increase in the real estate taxes levied against the land and building, whether such increase is caused by an increase in the tax rate or the assessment on the property, or a change in the method of determining real estate taxes. Any additional rent shall be prorated should the lease terminate before the end of any tax year. The base from which to determine the amount of any increase in taxes shall be the rate and the assessment in effect as of July 1, 2006, net of abatements, if any. LESSEE's proportionate share is 51.88%, which is the rentable square footage of the leased premises of approximately 30,983 square feet divided by the rentable square footage of the building of approximately 59,718 square feet.
REAL ESTATE TAX INCREASES. LESSEE shall pay to LESSOR as additional rent a proportionate share (currently 7.6 percent) (based on square footage leased by XXXXXX as compared with the total leaseable square footage of the building (currently 141,952 square feet) or buildings of which the leased premises are a part (hereinafter called the building)) of any increase in the real estate taxes levied against the land and building, whether such increase is caused by an Increase in the tax rate or the assessment on the property, or a change in the method of determining real estate taxes. Any additional rent shall be prorated should the lease terminate before the end of any tax year. The base from which to determine the amount of any increase In taxes shall be the rate and the assessment in effect as of July 1, 2007 net of abatements, if any.
REAL ESTATE TAX INCREASES. Tenant agrees to pay to Landlord as Additional Rent, Tenant's pro rata share of any and all increases in real estate taxes and assessments levied against the Property in which the Premises are located over the real estate taxes and assessments due and payable on the Property at the commencement of this Lease. Tenant's prorata share shall be based on the rentable square footage in the Premises compared to the rentable square footage in the Building or Buildings subject to the applicable assessment. Payment of Tenant's pro rata share will be due to Landlord upon 30 days written notice from Landlord specifying the amount of taxes for the initial year of this lease, the amount of taxes for the current year, Tenant's rentable square footage, and the rentable square footage within the Building or Buildings subject to the applicable tax assessment. If, for any reason, the amount of rentable square footage included within a tax assessment is reduced or increased, the Tenant's pro rata share will be adjusted in like manner to reflect the rentable square footage subject to assessment.
REAL ESTATE TAX INCREASES. Base Year: July 1, 1996 through June 30, 1997
