Common use of SEPARATE SCHOOL TAXES Clause in Contracts

SEPARATE SCHOOL TAXES. If the Leased Premises are assessed in whole or in part for the support of separate schools the Tenant shall pay and discharge as Rent on or before the date when the same or the installments for the same become due the amount by which Taxes for the Building so payable exceed those which would have been payable except for such assessment for the support of separate schools.

Appears in 2 contracts

Samples: Lease Amending and Extension Agreement (Intellon Corp), Intellon Corp

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SEPARATE SCHOOL TAXES. If the Leased Premises are assessed in whole or in part for the support of separate schools the Tenant shall pay and discharge as Rent on or before the date when the same or the installments instalments for the same become due the amount by which Taxes for the Building so payable exceed those which would have been payable except for such assessment for the support of separate schools.

Appears in 1 contract

Samples: Lease Amending Agreement (Intellon Corp)

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SEPARATE SCHOOL TAXES. If the Leased Premises are assessed in whole or in part for the support of for separate schools schools, the Tenant shall pay and discharge as Additional Rent on or before the date when the same or the installments for the same become due due, the amount by which Taxes for the Building so payable realty taxes exceed those which would have been payable except for such assessment for the support of separate schools.

Appears in 1 contract

Samples: Indenture (Polar Wireless Corp.)

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