Tax Charge Sample Clauses

Tax Charge. In accordance with the method set forth in Code Sections 1552(b) and 1552(a)(1) and Regulation Section 1.1552-1(a)(1), the consolidated Federal regular income tax liability will be apportioned among the Members in accordance with the ratio which that portion of the consolidated taxable income attributable to each Member having taxable income bears to the sum of the taxable incomes of all such Members. Each Member will pay the parent of the Consolidated Group its allocated consolidated Federal tax liability as determined hereunder and pursuant to the Settlement provisions of Section 3.8 of this Agreement;

Tax Charge. (i) Commencing on February 1st, 2014 and continuing thereafter until this Lease is terminated on January 31st, TBD???, Tenant shall also pay to Landlord, without any offset or deduction whatsoever, an amount equal to Tenant’s annual Pro Rata Share of the Tax Cost (as defined herein)(which amount shall herein be called “Tax Charge”), and which amount shall be payable in equal monthly installments paid concurrently with each payment of the Fixed Minimum Rent. (ii) The Tax Charge shall be an additional part of the rent reserved under this Lease. (iii) As used in this Lease, the following definitions shall apply:

Tax Charge. Tenant shall pay 16 % of real estate taxes for the Property over the 2003 fiscal year tax base, as additional rent in relation to its office space.

Tax Charge. 15 Transfers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12

Tax Charge. Tenant shall pay to Landlord as additional rent hereunder, 61.0 % (“Tenant’s Pro Rata Tax Share”) of real estate taxes charged to the land and buildings of which the Demised Premises are a part of, for each Lease Year in excess of real estate taxes assessed for fiscal year 2008, beginning on July 1, 2007 and ending on June 30, 2008. If Tenant is obligated to pay a Tax Charge, Tenant shall make estimated monthly payments based upon reasonable projections made by Landlord, adjusted as needed. When the actual annual Tax liability is known, Landlord will promptly issue a written statement and refund any overpayment to Tenant or request Tenant to pay any underpayment balance. Tenant will pay any underpayment within 30 days after receipt of Landlord’s statement. Taxes shall not include corporation, franchise, income, profit or capital levy taxes, or inheritance, succession, estate, gift, transfer or any other tax, charge or imposition by whomever assessed or levied by reason of or arising because of any devise, descent or transfer of the Property or any interest therein by Landlord or its successors in title, increases in taxes resulting from an increase in the height or bulk of the Property, or penalties and interest for late payment of real estate taxes, municipal betterment assessments, and any taxes attributable to improvements made by any other tenants unless such improvements benefit all tenants of the Property. Under no circumstances shall Tenant be liable for any taxes resulting from the subdivision of the Land into two or more parcels, the declaration of a condominium or cooperative, the addition of floors to the Property, or change of use for the Property and/or land. (Landlord shall pay all taxes to the appropriate taxing authority when the same are due and payable and any betterments assessed shall be paid on an installment basis for the maximum period of time permitted by law. Landlord shall promptly pay Tenant its equitable share of any refunds, abatements or credits of taxes received by Landlord less Landlord’s reasonable expenses in obtaining the same for any year with respect to which Tenant has paid its share of taxes.)

Tax Charge. An amount estimated by Landlord to provide funds sufficient to pay Tenant’s Proportionate Share of Taxes, subject to adjustment pursuant to Section 3.3.

Tax Charge. Tenant’s Proportionate Share of the Real Estate Taxes with respect to any calendar year during the Term, together with any costs incurred by Landlord in such year to contest or seek reductions in Real Estate Taxes (including fees of tax consultants and reasonable attorney’s fees). In no event shall the Tax Charge include Real Estate Taxes attributable to any period prior to or following the Term (except in the case of Tenant’s holdover).

Tax Charge. Tenant shall pay to Landlord as additional rent hereunder, 21.5% of real estate taxes charged to the land and buildings of which the Demised Premises are a part of, for each Lease Year. Tenant's Tax charge of 14.5% in relation to the Office Space will be computed in excess of real estate taxes assessed for fiscal year 2003. Tenant's Tax Charge of 7% in relation to the Laboratory Space will be computed by multiplying the real estate taxes by 7%, without any initial tax base. Tenant shall make estimated monthly payments based upon reasonable projections made by Landlord, adjusted as needed. When the actual annual Tax liability is known, Landlord will promptly issue a written statement and refund any overpayment to Tenant or request Tenant to pay any underpayment balance. Tenant will pay any underpayment within 30 days after receipt of Landlord's statement.

Tax Charge. INCLUDED IN FIXED MINIMUM RENT (i) Commencing on , and continuing thereafter until this Lease is terminated on , Tenant shall also pay to Landlord, without any offset or deduction whatsoever, an amount equal to Tenant’s annual Pro Rata Share of the Tax Cost (as defined herein) (which amount shall herein be called “Tax Charge”), and which amount shall be payable in equal monthly installments paid concurrently with each payment of the Fixed Minimum Rent.

Tax Charge. In jurisdictions in which a tax is payable when premium payments are received, GIAC will deduct the amount of tax payable from the Accumulation Value of the contract when it is applied under a payout option, upon surrender or upon death. In jurisdictions that do not require payment of a tax, the above paragraph will not apply.