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. 18 18.4 Insurance Premiums ...............................................18
Substitute Taxes. 7 Section 4.3 Tax Deposits...............................................
Substitute Taxes. If at any time during the Lease Term the laws concerning the methods of real property taxation prevailing at the Commencement Date are changed so that a tax or excise on rent 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, or in addition thereto, Tenant shall pay as additional rent before delinquency (subject to timely invoicing to Tenant for the same) the substitute or additional tax or excise on rents; provided, however, that Tenant shall not be required to pay any municipal, county, state or federal income taxes of Landlord.
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. 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
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. If at any time during the term of this Lease, under the laws of the state of Oregon, or of any political subdivision thereof in which the Premises are situated, a tax or excise on rent, or other tax however described, is levied or assessed by the state of Oregon, or by any such political subdivision, against Landlord on account of the guaranteed rental, or any other rentals accruing under this Lease, as a substitute in whole or in part for any real property taxes on the Premises or any part thereof, such tax or excise on rent shall, to the extent of the amount thereof which is lawfully assessed or imposed as a direct result of Landlord's ownership of the Premises or of this Lease or of the rentals accruing under this Lease, be deemed to be a real property tax or assessment levied or assessed against the Premises for the purpose of this Article II. However, nothing contained in this Lease shall require Tenant to pay any income, excess profits, franchise or similar tax payable by Landlord on account of the rentals accruing under this Lease.
