REAL ESTATE TAXES AND INSURANCE. As used herein, the following terms wherever initially capitalized shall have the following meanings:
REAL ESTATE TAXES AND INSURANCE. Real Estate Taxes and Property Insurance shall be the responsibility of the Landlord. Insurance in this regard is the property insurance to cover the building(s), parking lots, etc., but does not include coverage of any property of the Tenant, his employees or persons visiting the premises.
REAL ESTATE TAXES AND INSURANCE. During the term of this Lease, Lessee shall pay in addition to the base rent its pro rata share of real estate taxes and assessments as herein defined for each year of the term hereof. In addition, during the term of this Lease, Lessee shall pay as additional rent its pro rata share of an all risk property insurance policy on the Building and Premises as herein defined and required by the terms of Article V, Section 9 of the Lease; and as required by the terms of Article V, Section 8 of the Lease, pay for its own general liability insurance. During any part of the term hereof which shall be less than a full calendar year, taxes, assessments and insurance set forth hereinabove shall be prorated on the basis of a calendar year between the parties to the end that Lessee shall pay only that amount attributable to the portion of the calendar year occurring within the term of this Lease. The aforesaid sum to be paid by Lessee under this section shall be estimated by Lessor at or prior to commencement of each lease year. During the first lease year, Lessee shall pay to Lessor the amount of $673.58 each month on the first day of each month, which is Lessee's initial share of the projected Real Estate Taxes and Insurance as computed on Exhibit "B" attached hereto and made a part hereof. Lessor shall notify Lessee of such estimate and Lessee shall pay said estimate in equal monthly installments, each in advance, on the first day of each and every calendar month together with Lessee's Base Rent throughout the initial lease year. At the end of the lease year and when Lessor has calculated Lessee's pro rata share of taxes, assessments and insurance, Lessor shall notify Lessee of such amount. Any deficiency in the payment by Lessee shall be paid by Lessee to Lessor upon receipt of the notice. Any surplus amount paid by Lessee during the preceding lease year shall be applied against the next monthly installment(s) of real estate taxes and insurance due. The term "real estate taxes" shall be deemed to mean taxes and assessments, special or otherwise, levied upon or with respect to the Building and the land upon which it is located, imposed by Federal, state or local governments, but shall not include income, franchise, capital stock, estate or inheritance taxes. The term "insurance" shall be deemed to mean an all risk insurance policy on all buildings and all improvements presently existing or hereafter erected on the Demised Premises in an amount equal to the replacement...
REAL ESTATE TAXES AND INSURANCE. Tenant shall also pay its pro rata share of all real estate taxes and assessments levied on the leased premises and insurance premiums for fire and extended hazard and all other insurance premiums including liability insurance for the leased premises.
REAL ESTATE TAXES AND INSURANCE. Lessor will maintain all-risk property ------------------------------- insurance on said property in the amount of the lesser of: 1.) at least fair market value of said property, or 2.) replacement value of said property. Lessor will also maintain combined bodily injury and property damage insurance on said property in an amount of at least Five Hundred Thousand Dollars ($500,000.00). Such insurance shall be issued by financially responsible insurers duly authorized to do business in the State of New Hampshire. Lessor may obtain additional coverage provided that any increases in coverage will be reasonably related to the fair market value of the premises. Payments for insurance premiums and real estate taxes will be due and payable within twenty (20) days after statement for same have been received by Lessor and have been presented to Lessee. Lessor will provide Lessee with a certificate or proof of such insurance and real estate costs. Lessee will be responsible for obtaining and maintaining its own liability insurance on its own business and operation within said property, as well as insurance coverage on its own personal property and equipment, said insurance shall be in an amount of not less than Five Hundred Thousand Dollars ($500,000.00) per incident and One Million Dollars ($1,000,000.00) in aggregate.
REAL ESTATE TAXES AND INSURANCE. 19 6.5. Landlord's Hazardous Materials Responsibilities...................... 19 6.6. Landlord's Casualty Insurance........................................ 20 ARTICLE VII.
REAL ESTATE TAXES AND INSURANCE. To the extent not required to be ------------------------------- paid by Tenant hereunder, Landlord shall pay, on or before the date due, all real estate taxes on the Premises and Lot, and Landlord shall pay, on or before the date due, all insurance premiums on insurance required to be carried by Landlord as provided below so long as Tenant has made timely payment of all ----- additional rent under Sections 4.3.1 and 4.4.1.
REAL ESTATE TAXES AND INSURANCE. Section 2 (Taxes) and the second full paragraph of Section 8 (Insurance) of the Agreement of Lease dated July 17, 1990 shall not be applicable to the Building #3 Space. The rental for the Building #3 Space includes Tenant’s allocable share of real estate taxes and insurance premiums as determined by Landlord on the Building #3 Space for the Building #3 Lease Term, which initial term is called the base year. If Tenant extends the Building #3 Lease Term of the lease for a New Renewal Term, as defined herein, Tenant shall pay to Landlord as additional rent within 30 days of billing by Landlord, any increase in Tenant’s allocable share of real estate taxes and insurance premiums over the base year real estate taxes and insurance premiums.
REAL ESTATE TAXES AND INSURANCE. PREMIUMS The Tenant's proportionate share of base year Real Estate Taxes and Insurance Premiums will be increased to amounts equal to 70.96 percent (%) of the 1995 Taxes & Premiums paid by the Landlord for the whole building.
REAL ESTATE TAXES AND INSURANCE. In addition to the Base Rent above referenced, Tenant shall pay a portion of the annual Town of Middleburg and County of Loudoun real property taxes assessed to the building (which totals $10,001.72 for the 2004 tax year). The Tenant occupies approximately 11.4% of the building; therefore, Tenant shall pay an annual amount of $1,437.38, in monthly installments of $119.78, as additional rent. In addition to the Base Rent above referenced, Tenant shall pay a portion of the annual insurance for the building (currently totaling $2,694.00). Based on Tenant's above-mentioned occupancy of the building, Tenant shall pay an annual amount of $387.17, in monthly installments of $32.26, as additional rent. Any increase or decrease in either of these amounts will be adjusted accordingly.
