Substitute Taxes. Tenant shall not be required to pay any municipal county, state or federal income or franchise taxes of Landlord, or any municipal, county, state or federal estate, succession, inheritance, or transfer taxes of Landlord. If, at any time during the term, the laws concerning the methods of real property taxation prevailing at the commencement of the term are changed so that a tax or excise on rents or any other such tax, however described, is levied or assessed against Landlord as a direct substitution, in whole or in part, for any real property taxes, Tenant shall pay before delinquency (but only to the extent that it can be ascertained that there has been a substitution and that as a result Tenant has been relieved from the payment of real property taxes it would otherwise have been obligated to pay) the substitute tax or excise on rents. Tenant's share of any tax or excise on rent shall be substantially the same as, and a substitute for, the payment of such real property taxes as provided in this Lease.
Substitute Taxes. If, at any time after expiration or termination, for any reason whatsoever, of the Facility Lease and the Site Sublease, the laws concerning the methods of real property taxation prevailing at the commencement of the Term are changed so that a tax or excise on rents or any other such tax, however described, is levied or assessed against Site Lessor as a direct substitution in whole or in part for any real property taxes, Site Lessee, to the extent of the Lessor’s Percentage thereof, shall pay before delinquency (but only to the extent it can be ascertained that there has been a substitution and that as a result Site Lessee has been relieved from the payment of real property taxes it would otherwise have been obligated to pay) the substitute tax or excise on rents. Site Lessee’s share of any tax or excise on rent shall be substantially the same as, and a substitute for, the payment of such real property taxes as provided in this Site Lease.
Substitute Taxes. 10- 9.4. INSTALLMENT PAYMENTS . . . . . . . . . . . . . . . . . . . . . . -10-
Substitute Taxes. Notwithstanding anything herein to the contrary, if at any time during the Lease Term there shall be levied or assessed in substitution of real estate taxes, in whole or in part, a tax, assessment or governmental imposition (other than a general gross receipts or income tax) on the rents received from the Leased Premises or the rents reserved herein, and said tax, assessment or governmental imposition shall be imposed upon Landlord and is properly allocable to the Lease Term, Tenant shall pay same as hereinabove provided, but only to the extent that such new tax, assessment or governmental imposition is a substitute for real estate taxes previously imposed.
Substitute Taxes. Substitute Taxes" shall have the meaning set forth in Section 7.10.
Substitute Taxes. If at any time during the term of the Lease the laws concerning the methods of real property taxation prevailing at the commencement of the term are changed so that a tax or excise on rents or any other such tax, however described, is levied or assessed against LANDLORD as a direct substitution in whole or in part for any real property taxes, TENANT shall pay before delinquency (but only to the extent that it can be ascertained that there has been a substitution and that as a result TENANT has been relieved from the payment of real property taxes it would otherwise have been obligated to pay) the substitute tax or excise on rents. TENANT's share of any tax or excise on rent shall be substantially the same as, and a substitute for, the payment of such real property taxes as provided in this Lease.
Substitute Taxes. 18 18.4 Insurance Premiums ...............................................18
Substitute Taxes. If at any time during the primary term of this Lease or any renewal or extension thereof a tax or excise on rents, or other tax however described (except any franchise, estate, inheritance, capital stock, income or excess profits tax imposed upon Landlord) is levied or assessed against Landlord by any lawful taxing authority on account of Landlord's interest in this Lease or the rents or other charges reserved hereunder, as a substitute in whole or in part, or in addition to the Taxes described in Section 18.2 above, Tenant agrees to pay to the Landlord upon demand, and in addition to the Rent and Additional Charges described in this Lease, the amount of such tax or excise. In the event any such tax or excise is levied or assessed directly against Tenant then Tenant shall be responsible for and shall pay the same at such times and in such manner as the taxing authority shall require.
Substitute Taxes. The parties to this Lease agree that ----------------------------- nothing herein contained shall be construed to require the Lessee to pay any franchise, inheritance, estate, succession or transfer tax of the Lessor or any income or excess profits tax assessed upon or in respect of the income of the Lessor or chargeable to or required to be paid by the Lessor, unless such tax shall be specifically levied against the income of the Lessor derived from the rent paid pursuant to this Lease, expressly and as and for a specific substitute for the taxes, in whole or in part, upon the Property or any part thereof. Lessee covenants and agrees to pay all such substitute taxes as so much additional rent as and when the same become due and payable; provided, however, that if the amount or rate of any such income or excess profits taxes so levied against the income of the Lessor, as a specific substitute for the taxes on the Property or any part thereof, shall be increased by reason of any other income received or property owned by the Lessor, then the Lessee shall not be obligated to pay such increased amount but only such tax as the Lessor would be obligated to pay in case it derived no income from any source other than the real estate hereby demised.
Substitute Taxes. 7 Section 4.3 Tax Deposits................................................. 7 Section 4.4 Lessor's Right to Pay Delinquent Amounts..................... 8 Section 4.5 Lessee's Right to Contest.................................... 8 Section 4.6 Lessee's Right to Recover.................................... 8 Section 4.7 No Interest Payable on Deposits.............................. 9
