TAX ESCALATION. If the Real Estate Taxes for the Building and Office Building Area at which the Premises are located for any Lease Year or Partial Lease Year, during the Lease Term, shall be greater than the Base Real Estate Taxes (adjusted proportionately for periods less than a Lease Year), then Lessee shall pay to Lessor as Additional Rent, Lessee's Percentage as hereinafter defined, of all such excess Real Estate Taxes. As used in this Article 23(c), the words and terms which follow mean and include the following:
Appears in 3 contracts
Samples: Lease Agreement (Bluestone Software Inc), Assignment and Assumption of Lease (Medicines Co/ Ma), Lease (Old Line Bancshares Inc)
TAX ESCALATION. If the Real Estate Taxes taxes for the Building and Office Building Area at which the Demised Premises are located for any Lease Year or Partial Lease Yearproportionate part thereof, during the Lease Term, shall be greater than the Base Real Estate Taxes (adjusted proportionately for periods less than a Lease Year), then Lessee shall pay to Lessor as Additional Rentan additional rent, Lessee's Percentage its proportionate share, as hereinafter defined, of all such excess Real Estate Taxes. As used in this Article 23(cParagraph 23(C), the words and terms which follow mean and include the following:
Appears in 2 contracts
Samples: Lease Agreement (Americas Shopping Mall Inc), Lease Agreement (Americas Shopping Mall Inc)
TAX ESCALATION. If the Real Estate Taxes for the Building and Office Building Area at which the Premises are located for any Lease Year or Partial Lease Year, during the Lease Term, shall be greater than the Base Real Estate Taxes (adjusted proportionately for periods less than a Lease Year), then Lessee shall pay to Lessor as Additional Rent, Lessee's Percentage as hereinafter defined, of all such excess Real Estate Taxes. As used in this Article 23(c), the words and terms which follow mean and include the following:
Appears in 2 contracts
Samples: Lease (Purchasesoft Inc), Lease Agreement (Medicines Co/ Ma)
TAX ESCALATION. If the Real Estate Taxes for the Building and Office Building Area at which the Premises are located for any Lease Year or Partial Lease Year, during the Lease Term, shall be greater than the Base Real Estate Taxes (adjusted proportionately for periods less than a Lease Year), then Lessee shall pay to Lessor as Additional Rent, Lessee's Percentage as hereinafter defined, of all such excess Real Estate Taxes. As used in this Article 23(c23(b), the words and terms which follow mean and include the following:
Appears in 1 contract
TAX ESCALATION. If the Real Estate Taxes for the Building and Office Building Area at which the Premises are located for any Lease Year or Partial Lease Year, during the Lease Term, shall be greater than the Base Real Estate Taxes (adjusted proportionately for periods less than a Lease Year), then Lessee shall pay to Lessor as Additional Rent, Lessee's Percentage as hereinafter defined, of all such excess Real Estate Taxes. As used in this Article Section 23(c), the words and terms which follow mean and include the following:
Appears in 1 contract
Samples: Lease Agreement (Alteon Inc /De)
