Tax and Assessments Sample Clauses

Tax and Assessments. Lessee represents that it is a tax-exempt organization and that it is a religious not for profit entity and has provided evidence of same at the time of execution of this lease. Lessee will notify Lessor within 10 business days if they lose the religious not for profit status for any reason. In the event that Lessee’s use of the Premises is subjected to taxation due to actions or inactions of the Lessee, Lessee shall assume any and all tax obligations and liabilities and will hold Lessor exempt and harmless from any liability, loss, cost and obligation arising out of taxes or assessments due to and attributable to the occupancy and use by Lessee of said Premises.
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Tax and Assessments. Lessor represents that it is a tax-exempt organization and that it is entitled to a religious and/or welfare exemption from property taxes for the Leased Premises. Lessee, as a “for-profit” entity”, not entitled to the religious and/or welfare exemption agrees to pay and hold Lessor harmless for any property taxes assessed because of loss of exemptions related to that portion of property utilized by Lessee, in addition to the agreed rent. The Lessor agrees to inform the Lessee about the increase in taxes within twenty-five (25) days of such information becoming available to Lessor, and if Lessee does not accept the burden of additional taxes, Lessor shall have the right to terminate this Lease, without penalty or further obligation to Lessee.
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Tax and Assessments. Licensor represents that it is a tax-exempt organization and that it is entitled to a religious and/or welfare exemption from property taxes for the Licensed Premises. Licensee, as a “for-profit” entity”, not entitled to the religious and/or welfare exemption agrees to pay and hold Licensor harmless for any property taxes assessed because of loss of exemptions related to that portion of property utilized by Licensee, in addition to the agreed rent. The Licensor agrees to inform the Licensee about the increase in taxes within twenty-five (25) days of such information becoming available to Licensor, and if Licensee does not accept the burden of additional taxes, Licensor shall have the right to terminate this License, without penalty or further obligation to Licensee.
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Tax and Assessments. Lessee acknowledges and understands that this Lease may create a possessory interest that is subject to the payment of taxes levied on such interest. It is understood and agreed that all taxes and assessments (including but not limited to said possessory interest tax) that become due and payable upon the Property or upon fixtures, equipment or other property installed or constructed thereon, shall be the full responsibility of Lessee such that Lessee shall cause said taxes and assessments to be paid promptly.
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Tax and Assessments. Only to the extent applicable, in addition to all Rent due under this Lease, Tenant will pay an amount equal to any tax on all amounts classified as Base Rent or Additional Rent which may be now or hereafter imposed by any lawful governmental authority. In the event any governmental authority having jurisdiction shall levy an assessment against the real estate which is now or hereinafter becomes a part of the Building, for public betterment or improvements, Tenant shall also pay to Landlord as additional rent its proportionate share of such assessment which proportionate share shall be calculated by multiplying the total assessment by the same fraction in the percentage the square footage the Demised Premises bears in relation to the overall square footage of the Building.
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Related to Tax and Assessments

  • Taxes and Assessments As of the date of origination and, to the Mortgage Loan Seller’s knowledge, as of the Cut-off Date, all taxes, governmental assessments and other outstanding governmental charges (including, without limitation, water and sewage charges) due with respect to the Mortgaged Property (excluding any related personal property) securing a Mortgage Loan that is or could become a lien on the related Mortgaged Property that became due and owing prior to the Cut-off Date with respect to each related Mortgaged Property have been paid, or, if the appropriate amount of such taxes or charges is being appealed or is otherwise in dispute, the unpaid taxes or charges are covered by an escrow of funds or other security sufficient to pay such tax or charge and reasonably estimated interest and penalties, if any, thereon. For purposes of this representation and warranty, any such taxes, assessments and other charges shall not be considered due and payable until the date on which interest and/or penalties would be payable thereon.

  • UNION DUES AND ASSESSMENTS (a) The Employer shall, as a condition of employment, deduct from the wages or salary of each employee in the bargaining unit, whether or not the employee is a member of the Union, the amount of the regular dues payable to the Union by a member of the Union.

  • Real Estate Taxes and Assessments Xxxxx is aware that all property is subject to the possibility of reassessment which may result in increased real estate taxes.

  • SERVICE FEES AND ASSESSMENTS UCF DHRL reserves the right to charge the Student for various services or as a form of sanction; charges may be found at xxxx://xxx.xxxxxxx.xxx.xxx/costs/charges/; charge amounts are updated from time to time, the Student is responsible for the charge amount posted on the website on the date the charge is assessed.

  • Assessments There are no pending or, to Borrower’s knowledge, proposed special or other assessments for public improvements or otherwise affecting any Individual Property, nor are there any contemplated improvements to any Individual Property that may result in such special or other assessments.

  • Licenses, Permits, Fees and Assessments Consultant shall obtain at its sole cost and expense such licenses, permits and approvals as may be required by law for the performance of the services required by this Agreement. Consultant shall have the sole obligation to pay for any fees, assessments and taxes, plus applicable penalties and interest, which may be imposed by law and arise from or are necessary for the Consultant’s performance of the services required by this Agreement, and shall indemnify, defend and hold harmless City, its officers, employees or agents of City, against any such fees, assessments, taxes, penalties or interest levied, assessed or imposed against City hereunder.

  • Ad Valorem Taxes Prior to delinquency, Tenant shall pay all taxes and assessments levied upon trade fixtures, alterations, additions, improvements, inventories and personal property located and/or installed on or in the Premises by, or on behalf of, Tenant; and if requested by Landlord, Tenant shall promptly deliver to Landlord copies of receipts for payment of all such taxes and assessments. To the extent any such taxes are not separately assessed or billed to Tenant, Tenant shall pay the amount thereof as invoiced by Landlord.

  • Assessments and Taxes No assessments have been made against any portion of the Property which are unpaid (except ad valorem taxes for the current year), whether or not they have become liens, and Seller shall notify Buyer of any such assessments which are brought to Seller's attention after the execution of this Agreement. The Seller will pay or cause to be paid promptly all City, State, and County ad valorem taxes and similar taxes and assessments, all sewer and water charges, and all other governmental charges levied or imposed upon or assessed against the Property which are due on or prior to the Closing.

  • Property Taxes Landlord shall pay, prior to delinquency, all general real estate taxes and installments of special assessments coming due during the Lease term on the Leased Premises, and all personal property taxes with respect to Landlord's personal property, if any, on the Leased Premises. Tenant shall be responsible for paying all personal property taxes with respect to Tenant's personal property at the Leased Premises.

  • Real Property Taxes Taxes, assessments and charges now or hereafter levied or assessed upon, or with respect to, the Project, or any personal property of Landlord used in the operation thereof or located therein, or Landlord's interest in the Project or such personal property, by any federal, state or local entity, including: (i) all real property taxes and general and special assessments; (ii) charges, fees or assessments for transit, housing, day care, open space, art, police, fire or other governmental services or benefits to the Project, including assessments, taxes, fees, levies and charges imposed by governmental agencies for such purposes as street, sidewalk, road, utility construction and maintenance, refuse removal and for other governmental services; (iii) service payments in lieu of taxes; (iv) any tax, fee or excise on the use or occupancy of any part of the Project, or on rent for space in the Project; (v) any other tax, fee or excise, however described, that may be levied or assessed as a substitute for, or as an addition to, in whole or in part, any other Real Property Taxes; and (vi) reasonable consultants' and attorneys' fees and expenses incurred in connection with proceedings to contest, determine or reduce Real Property Taxes. Real Property Taxes do not include: (A) franchise, transfer, inheritance or capital stock taxes, or income taxes measured by the net income of Landlord from all sources, unless any such taxes are levied or assessed against Landlord as a substitute for, in whole or in part, any Real Property Tax; (B) Impositions and all similar amounts payable by tenants of the Project under their leases; and (C) penalties, fines, interest or charges due for late payment of Real Property Taxes by Landlord. If any Real Property Taxes are payable, or may at the option of the taxpayer be paid, in installments, such Real Property Taxes shall, together with any interest that would otherwise be payable with such installment, be deemed to have been paid in installments, amortized over the maximum time period allowed by applicable law. If the tax statement from a taxing authority does not allocate Real Property Taxes to the Building, Landlord shall make the determination of the proper allocation of such Real Property Taxes based, to the extent possible, upon records of the taxing authority and, if not so available, then on an equitable basis. Real Property Taxes also do not include any increases in the taxes, assessments, charges, excises and levies assessed against the Project due solely to the construction or installation of tenant improvements or other alterations by tenants of the Project other than Tenant and any other tenants or occupants of the Building; provided, however, that if any Real Property Taxes are imposed or increased due to the construction or installation of tenant improvements or other alterations in the Building, such Real Property Taxes shall be equitably prorated in Landlord's reasonable judgment between Tenant and any other tenants of the Building.

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