Common use of TAX ESCALATION Clause in Contracts

TAX ESCALATION. If during the Lease Term the Real Estate Taxes for the Building, the Complex and Parcel at which the Demised Premises are located for any Comparison Period shall be greater than the Base Real Estate Taxes (adjusted proportionately if the Comparison Period is less than a Lease Year), then Lessee shall pay to Lessor as Additional Rent, Lessee's Percentage of all such excess Real Estate Taxes. As used in this Subsection 25(C), the words and terms which follow mean and include the following: (i) The Base Period Costs for "REAL ESTATE TAXES" shall be as defined on the Reference Page.

TAX ESCALATION. If during the Lease Term the Real Estate Taxes for the Building, the Complex and Parcel at which the Demised Premises are located for any Comparison Period shall be greater than the Base Real Estate Taxes (adjusted proportionately if the Comparison Period is less than a Lease Year), then Lessee shall pay to Lessor as Additional Rent, Lessee's ’s Percentage of all such excess Real Estate Taxes. As used in this Subsection 25(C), the words and terms which follow mean and include the following: (i) The Base Period Costs for "REAL ESTATE TAXES" “Real Estate Taxes” shall be as defined on the Reference Page.

TAX ESCALATION. If during the Lease Term the Real Estate Taxes for the Building, the Complex and Parcel at which the Demised Premises are located for any Comparison Period shall be greater than the Base Real Estate Taxes (adjusted proportionately if the Comparison Period is less than a Lease Year), then Lessee shall pay to Lessor as Additional Rent, Lessee's Percentage of all such excess Real Estate Taxes. As used in this Subsection 25(C), the words and terms which follow mean and include the following: (i) The Base Period Costs for "REAL ESTATE TAXESReal Estate Taxes" shall be as defined on the Reference Page.