TAX INCREASES. If LightEdge is subject to an increase in sales tax, local option tax or any tax change that affects the cost of power delivery, LightEdge may immediately increase the power costs to Customers by the same percentage amount as the change in the applicable taxes.
TAX INCREASES. Lessee agrees to pay Lessor the amount of any increase in city, county and district real estate taxes assessed against said premises, in excess of the taxes for the fiscal year 1999 - 2000. Included in "taxes" shall be any levy, tax, charge or fee levied by a governmental entity on parking spaces or privileges or parking uses in the leased premises and any tax on Lessor's gross rental receipts (other than income tax). Also included in said taxes shall be any future special assessments for local improvements of any sort. If said assessments are permitted to go to bond, the total amount of the annual installment shall be added to the tax bill xxx the purpose of the computation of any increase in taxes; if Lessor discharges said assessment and does not permit the same to go to bond, the amount which each annual installment, less interest, would have been if the same had gone to bond, shall be annually added to Lessor's tax bill xxx the purpose of tax increase computation. Lessee shall pay Lessor the amount of any such increase in real property taxes, as above defined, in two equal installments, one on December 1 and the other on April 1 of the said fiscal tax years. Submission of copies of tax bills by Lessor shall be evidence of and notice of the amount of said taxes. The amount of said increase shall be prorated in the event this lease commences or terminates during any fiscal tax year, and in such event the split-period, proratable semi-annual installment of the tax increase shall be paid either thirty (30) days prior to the termination of this lease or within ten (10) days of notification by the Lessor to the Lessee of the amount of said increase. In the event said tax reimbursement payments are not made to Lessor on or before the dates herein set forth, the Lessee shall pay to Lessor a ten percent (10%) per annum late charge for such delinquency to be added to the tax reimbursement payment due. If said taxes and assessments are assessed against the entire building and building site, the taxes and assessments allocated to the leased premises shall be prorated on a square footage or other equitable basis, as calculated by Lessor. If the assessed value of the Lessor's premises is increased by the inclusion therein of a value placed upon the personal property or improvements of the Lessee, and if the Lessor pays the taxes based on such increased assessment, the Lessee shall, upon demand, repay to the Lessor the portion of such taxes resulting from such incre...
TAX INCREASES. 79. In the event that the rate of a tax, duty or charge is increased by the Commonwealth of Australia, or the State of Victoria, including any Carbon tax or similar environmental tax introduced by either the Commonwealth of Australia or the State of Victoria, during the performance of the Contract by the Builder, and that increase results in greater cost to the Builder than the Builder would otherwise have incurred, the Owner shall pay the Builder, along with the next Progress Payment or Final Payment (whichever occurs sooner) the additional amount payable by the Builder.
TAX INCREASES. (a) If, in any year during the term of this lease any taxes shall exceed those existing in the Base Tax Year, Tenant shall pay as additional rent, Tenant's proportionate share of the increase.
TAX INCREASES. Lessee shall pay as additional rent any increase in real estate taxes or any special assessments imposed by reason of improvements made to the leased Premises by or for the benefit of Lessee. Lessee shall also pay as additional rent Lessee's Percentage of the increase in real estate taxes and special assessments over the Base Tax Amount which is the amount of such taxes for the Base Tax Year imposed upon the entire tax parcel of which the Premises are a part. Lessee agrees that if during the term of this Lease a capital levy or other tax be levied, assessed or imposed on the rents received by Lessor from the rents reserved herein or any part thereof then Lessee will pay same when due; except, however, should said tax upon rents be substituted partially or wholly for real estate taxes, then Lessee shall only pay Lessee's Percentage of that portion which is in excess of the Base Tax Amount Payment under this clause shall be due within ten (10) days of delivery of notice thereof to Lessee.
TAX INCREASES. Tenant shall not be liable for increases in the Real Property Taxes under the following circumstances: (i) a reappraisal and/or reassessment of the property resulting from a sale; (ii) additions or enhancements to the Real Property; or (iii) tenant improvements other than those relating to the Premises.
TAX INCREASES. Notwithstanding any other provision of this Lease, during the first five (5) years of the Lease Term, Tenant shall not be required to pay any increase in Real Estate Taxes above the Proposition 13 base and annual related increases as permitted pursuant to Proposition 13, whether arising from an increase in assessed value occurring as a result of a sale, long term lease or other transfer of an interest in the real property of which the Premises are a part or otherwise, unless (i) the increase is as a result of the applicable property tax system being modified by governmental intervention unrelated to the Premises, or (ii) the increase is the result of improvements made by Tenant. Notwithstanding the foregoing, the Tenant shall be required to pay any increase in Real Estate Taxes as a result of a reversal of a previous Proposition 8 appeal plus any applicable Proposition 13 increases due following the reversal of a Proposition 8 appeal.
TAX INCREASES. As Additional Rental, Lessee agrees to pay, as per Paragraph 5, all real estate taxes and assessments for the period of its occupancy.
TAX INCREASES. Landlord shall be required to use its best efforts to negotiate any increases resulting from an assessment change by a local taxing authority through the appeal process; however, Tenant shall be liable to pay 100% of any such increases. Landlord and Tenant shall split equally the cost of any appraisal necessary for the appeal process; however, Landlord shall be primarily liable and the Tenant’s liability for payment shall be capped at $1,000.00. The appraiser to be selected to perform the appraisal for the appeal shall be selected by mutual agreement of the parties. Landlord is not responsible for changes in millage proposed by local taxing authorities. Notwithstanding the foregoing, should Tenant increase the “footprint” of the building on the Property or erect additional structures, it shall be solely responsible for negotiation and payment of any increase in real estate taxes caused by such increase.
TAX INCREASES. Notwithstanding anything to the contrary contained herein, if, during the first twenty-four (24) months of the initial term of this Lease, a change " in ownership" of the project occurs as a result, the project is reassessed, then Tenant shall not be liable for increases in real property taxes resulting from such reassessment. For purposes of this Article 6, " change in ownership" has the same definition as in California Revenue and Taxation Code Section 60-68, or any amendments or successor statutes to those sections.
