Common use of Rental Taxes Clause in Contracts

Rental Taxes. Further, Tenant shall pay, also as Additional Rent, any tax or excise on rents, gross receipts tax, or other tax, however described, which is levied or assessed by the United States of America or the state in which the Facility is located or any political subdivision thereafter, against Landlord in respect to the Base Rent, Additional Rent, or other charges reserved under this Lease or as a result of Landlord's receipt of such rents or other charges accruing under this Lease, all of which shall herein be termed "Rental Taxes"; provided, however, Tenant shall have no obligation to pay income or capital gains taxes of Landlord.

Appears in 2 contracts

Samples: Fourth Shift Corp, Fourth Shift Corp

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Rental Taxes. Further, Tenant shall pay, also as Additional Rent, any tax or excise on rentsRents, gross receipts tax, or other tax, however described, which is levied or assessed by the United States of America or the state in which the Facility is located or any political subdivision thereafterthereof, against Landlord in respect to the Base Rent, Additional Rent, Rent or other charges reserved under this Lease or as a result of Landlord's receipt of such rents Rents or other charges accruing under this Lease, all of which shall herein be termed "Rental Taxes"; provided, however, Tenant shall have no obligation to pay net income or capital gains taxes of Landlord.

Appears in 1 contract

Samples: Lease (SBS Technologies Inc)

Rental Taxes. Further, Tenant shall pay, also as Additional Rent, any tax or excise on rents, gross receipts tax, or other tax, however described, which is levied or assessed by the United States of America or the state in which the Facility is located or any political subdivision thereafter, against Landlord in respect to the Base Rent, Additional Rent, or other charges reserved under this Lease or as a result of Landlord's receipt of such rents or other charges accruing under this Lease, all of which shall herein be termed "Rental Taxes"; provided, however, Tenant shall have no obligation to pay net income or capital gains taxes of Landlord.

Appears in 1 contract

Samples: Lease Meridian Crossings (BMC Industries Inc/Mn/)

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Rental Taxes. Further, Tenant shall pay, also as Additional Rent, any tax or excise on rents, gross receipts tax, or other tax, however described, which is levied or assessed by the United States of America or the state in which the Facility is located or any political subdivision thereafter, against Landlord in respect to the Base Rent, Additional Rent, or other charges reserved under this Lease or as a result of Landlord's ’s receipt of such rents or other charges accruing under this Lease, all of which shall herein be termed "Rental Taxes"; provided, however, Tenant shall have no obligation to pay income or capital gains taxes of Landlord.

Appears in 1 contract

Samples: First (SoftBrands, Inc.)

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