Common use of TAX ESCALATION Clause in Contracts

TAX ESCALATION. If the Real Estate Taxes for the Building and Building Area at which the Demised Premises are located for any Calendar Year or proportionate part thereof, during the Term, shall be greater than the Base Real Estate Taxes (adjusted proportionately for periods less than a Calendar Year), then Tenant shall pay to Landlord as Additional Rent, Tenant's percentage of all such excess Real Estate Taxes. As used in this Paragraph 23(A), the words and terms which follow mean and include the following:

TAX ESCALATION. If the Real Estate Taxes for the Building land and Building Area at which the Demised Premises are located for any Calendar Lease Year or proportionate part thereof, Partial Lease Year during the Term, or any renewal term, shall be greater than the Base Year Real Estate Taxes (adjusted proportionately for periods less than a Calendar Lease Year), then Tenant Lessee shall pay to Landlord Lessor as Additional Rent, Tenant's percentage Lessee’s Percentage of all such excess Real Estate TaxesTaxes (the “Tax Escalation Costs”). As used in this Paragraph 23(A)Article 23, the words and terms which follow mean and include the following:

TAX ESCALATION. If the Real Estate Taxes for the Building and Building Area at which the Demised Premises are located for any Calendar Lease Year or proportionate part thereofPartial Lease Year, during the Term, shall be greater than the Base Real Estate Taxes (adjusted proportionately for periods less than a Calendar Lease Year), then Tenant Lessee shall pay to Landlord Lessor as Additional Rent, Tenant's percentage Lessee’s Percentage as hereinafter defined, of all such excess Real Estate Taxes. As used in this Paragraph 23(A), the words and terms which follow mean and include the following:.