Common use of Taxes, Assessments and Other Charges Clause in Contracts

Taxes, Assessments and Other Charges. In addition to rental, operating cost increases and any charges for utilities or services payable under this lease. Landlord may at any time during the term of this agreement increase the service or utilities charges payable as additional rent to reflect any and all expenses costs (including but not limited to costs to secure any alternate source of utilities, energy, products or service), improvements, taxes, assessments, charges, subcharges or penalties which Landlord is subject to or required to make after the execution date of this lease pursuant to any Energy or Natural Resource Conservation Act or Agency, or any Environmental Protection Act or Agency, or any other similar or dissimilar act, statute, ordinance, regulation or directive of any federal, state, county, municipality, or any other governmental or quasi-governmental agency, or any public utility of any other public or private agency or entity vested with the power to impose taxes, assessments, charges, surcharges or penalties as a means of conserving or controlling the consumption of water, gas, electricity or any other utility, or any other energy or energy product, or natural resource, or any product or service, whether or not such taxes, assessments, charges, surcharges or penalties are based upon or applied (either directly or indirectly) to any utility, product or service charge. Such increase to Tenant shall be based upon a proportion of the sum due as determined by Landlord, to be reasonably applicable to Tenant and shall be due and payable within ten (10) days after billing by Landlord. In any event, Tenant shall pay all such taxes, assessments, expenses, charges, or surcharges that are imposed directly against Tenant. Tenant shall pay Tenant’s Percentage Share (as specified in Article 20) of any special assessment levied upon the building, improvements or real property upon which the demised premises are located by the Los Angeles Rapid Transit District (or any other governmental entity having the authority to impose such assessment) (the “Metrorail Assessment”). Tenant shall pay Tenant’s Percentage Share of the Metrorail Assessment in equal monthly installments as the same are billed by Landlord to Tenant. Landlord may require that the final installment be due and payable on the first day of the month in which the Metrorail Assessment is due. Tenant’s obligation requires Tenant to pay Tenant’s Percentage Share of the entire Metrorail Assessment for each calendar year of the Term and is not limited to Tenant’s Percentage Share of any annual increases made, from time to time, to the Metrorail Assessment. If the xxxx for the Metrorail Assessment specifies that it applies to a given period of time, Tenant’s obligations shall be amortized to the extent the Term of this Lease does not include all such period. Tenant shall pay Tenant’s Percentage Share (as specified in Article 20) of any special assessment, tax, levy, surcharge or fee levied upon the building, improvements or Real Property by the City or County of Los Angeles in connection with the development, improvement or beautification of Pershing Square or the area immediately adjacent thereto (the “Pershing Square Assessment”). Tenant’s obligation requires Tenant to pay Tenant’s Percentage Share of the entire Pershing Square Assessment for each calendar year of the Term and is not limited to Tenant’s Percentage Share of any annual increases made, from time to time, to the Pershing Square Assessment. If the xxxx for the Pershing Square Assessment specifies that it applies to a given period of time, Tenant’s obligations shall be amortized to the extent the Term of this Lease does not include all such period. Tenant shall pay Tenant’s Percentage Share (as specified in Article 20) of any special assessment levied upon the building, improvements or real property upon which the demised premises are located by the Downtown Business Improvement District (or any other governmental entity having the authority to impose such assessment) (the “Downtown BID Assessment”). Tenant shall pay Tenant’s Percentage Share of the Downtown BID Assessment in equal monthly installments as the same are billed by Landlord to Tenant. Landlord may require that the final installment be due and payable on the first day of the month in which the Downtown BID Assessment is due. Tenant’s obligation requires Tenant to pay Tenant’s Percentage Share of the entire Downtown BID Assessment for each calendar year of the Term and is not limited to Tenant’s Percentage Share of any annual increases made, from time to time, to the Downtown BID Assessment. If thebill for the Downtown BID Assessment specifies that it applies to a given period of time, Tenant’s obligations shall be amortized to the extent the Term of this Lease does not include all such period.

Taxes, Assessments and Other Charges. In addition to rental, operating cost increases and any charges for utilities or services payable under this lease. , Landlord may at any time during the term of this agreement increase the service or utilities charges payable as additional rent to reflect any and all expenses costs (including but not limited to costs to secure any alternate source of utilities, energy, products or service), improvements, taxes, assessments, charges, subcharges or penalties which Landlord is subject to or required to make after the execution date of this lease pursuant to any Energy or Natural Resource Conservation Act or Agency, or any Environmental Protection Act or Agency, or any other similar or dissimilar act, statute, ordinance, regulation or directive of any federal, state, county, municipality, or any other governmental or quasi-governmental agency, or any public utility of any other public or private agency or entity vested with the power to impose taxes, assessments, charges, surcharges or penalties as a means of conserving or controlling the consumption of water, gas, electricity or any other utility, or any other energy or energy product, or natural resource, or any product or service, whether or not such taxes, assessments, charges, surcharges or penalties are based upon or applied (either directly or indirectly) to any utility, product or service charge. Such increase to Tenant shall be based upon a proportion of the sum due as determined by Landlord, to be reasonably applicable to Tenant and shall be due and payable within ten (10) days after billing by Landlord. In any event, Tenant shall pay all such taxes, assessments, expenses, charges, or surcharges that are imposed directly against Tenant. Tenant shall pay Tenant’s 's Percentage Share (as specified in Article 20) of any special assessment levied upon the building, improvements or real property upon which the demised premises are located by the Los Angeles Rapid Transit District (or any other governmental entity having the authority to impose such assessment) (the “"Metrorail Assessment”"). Tenant shall pay Tenant’s 's Percentage Share of the Metrorail Assessment in equal monthly installments as the same are billed by Landlord to Tenant. Landlord may require that the final installment be due and payable on the first day of the month in which the Metrorail Assessment is due. Tenant’s 's obligation requires Tenant to pay Tenant’s 's Percentage Share of the entire Metrorail Assessment for each calendar year of the Term and is not limited to Tenant’s 's Percentage Share of any annual increases made, from time to time, to the Metrorail Assessment. If the xxxx for the Metrorail Assessment specifies that it applies to a given period of time, Tenant’s 's obligations shall be amortized to the extent the Term of this Lease does not include all such period. Tenant shall pay Tenant’s 's Percentage Share (as specified in Article 20) of any special assessment, tax, levy, surcharge or fee levied upon the building, improvements or Real Property by the City or County of Los Angeles in connection with the development, improvement or beautification of Pershing Square or the area immediately adjacent thereto (the “"Pershing Square Assessment”"). Tenant’s 's obligation requires Tenant to pay Tenant’s 's Percentage Share of the entire Pershing Square Assessment for each calendar year of the Term and is not limited to Tenant’s 's Percentage Share of any annual increases made, from time to time, to the Pershing Square Assessment. If the xxxx for the Pershing Square Assessment specifies that it applies to a given period of time, Tenant’s obligations shall be amortized to the extent the Term of this Lease does not include all such period. Tenant shall pay Tenant’s Percentage Share (as specified in Article 20) of any special assessment levied upon the building, improvements or real property upon which the demised premises are located by the Downtown Business Improvement District (or any other governmental entity having the authority to impose such assessment) (the “Downtown BID Assessment”). Tenant shall pay Tenant’s Percentage Share of the Downtown BID Assessment in equal monthly installments as the same are billed by Landlord to Tenant. Landlord may require that the final installment be due and payable on the first day of the month in which the Downtown BID Assessment is due. Tenant’s obligation requires Tenant to pay Tenant’s Percentage Share of the entire Downtown BID Assessment for each calendar year of the Term and is not limited to Tenant’s Percentage Share of any annual increases made, from time to time, to the Downtown BID Assessment. If thebill for the Downtown BID Assessment specifies that it applies to a given period of time, Tenant’s 's obligations shall be amortized to the extent the Term of this Lease does not include all such period.

Taxes, Assessments and Other Charges. In addition to rental, operating cost increases and any charges for utilities or services payable under this lease. Landlord may at any time item during the term of this agreement increase the service or utilities charges payable as additional rent to reflect any and all expenses costs (including but not limited to costs to secure any alternate source of utilities, energy, products or service), improvements, taxes, assessments, charges, subcharges surcharges or penalties which Landlord is subject to or required to make after the execution date of this lease pursuant to any Energy or Natural Resource Conservation Act or Agency, or any Environmental Protection Act or Agency, or any other similar or dissimilar act, statute, ordinance, regulation or directive of any federal, state, county, municipality, or any other governmental or quasi-governmental agency, or any public utility of any other public or private agency or entity vested with the power to impose taxes, assessments, charges, surcharges or penalties as a means of conserving or controlling the consumption of water, gas, electricity or any other utility, or any other energy or energy product, or natural resource, or any product or service, whether or not such taxes, assessments, charges, surcharges or penalties are based upon or applied (either directly or indirectly) to any utility, product or service charge. Such increase to Tenant shall be based upon a proportion of the sum due as determined by Landlord, to be reasonably applicable to Tenant and shall be due and payable within ten (10) days after billing by Landlord. In any event, Tenant shall pay all such taxes, assessments, expenses, charges, or surcharges that are imposed directly against Tenant. Tenant shall pay Tenant’s Percentage Share (as specified in Article 20) of any special assessment levied upon the building, improvements or real property upon which the demised premises are located by the Los Angeles Rapid Transit District (or any other governmental entity having the authority to impose such assessment) (the “Metrorail Assessment”). Tenant shall pay Tenant’s Percentage Share of the Metrorail Assessment in equal monthly installments as the same are billed by Landlord to Tenant. Landlord may require that the final installment be due and payable on the first day of the month in which the Metrorail Assessment is due. Tenant’s obligation requires Tenant to pay Tenant’s Percentage Share of the entire Metrorail Assessment for each calendar year of the Term and is not limited to Tenant’s Percentage Share of any annual increases made, from time to time, to the Metrorail Assessment. If the xxxx for the Metrorail Assessment specifies that it applies to a given period of time, Tenant’s obligations shall be amortized to the be extent the Term of this the Lease does not include all such period. Tenant shall pay Tenant’s Percentage Share (as specified in Article 20) of any special assessment, tax, levy, surcharge or fee levied upon the building, improvements or Real Property by the City or County of Los Angeles in connection with the development, improvement or beautification of Pershing Square or the area immediately adjacent thereto (the “Pershing Square Assessment”). Tenant’s obligation requires Tenant to pay Tenant’s Percentage Share of the entire Pershing Square Assessment for each calendar year of the Term and is not limited to Tenant’s Percentage Share of any annual increases made, from form time to time, to the Pershing Square Assessment. If the xxxx for the Pershing Square Assessment specifies that it applies to a given period of time, Tenant’s obligations shall be amortized to the extent the Term of this Lease does not include all such period. Tenant shall pay Tenant’s Percentage Share (as specified in Article 20) of any special assessment levied upon the building, improvements or real property upon which the demised premises are located by the Downtown Business Improvement District (or any other governmental entity having the authority to impose such assessment) (the “Downtown BID Assessment”). Tenant shall pay Tenant’s Percentage Share of the Downtown BID Assessment in equal monthly installments as the same are billed by Landlord to Tenant. Landlord may require that the final installment be due and payable on the first day of the month in which the Downtown BID Assessment is due. Tenant’s obligation requires Tenant to pay Tenant’s Percentage Share of the entire Downtown BID Assessment for each calendar year of the Term and is not limited to Tenant’s Percentage Share of any annual increases made, from time to time, to the Downtown BID Assessment. If thebill for the Downtown BID Assessment specifies that it applies to a given period of time, Tenant’s obligations shall be me amortized to the extent the Term of this Lease does not include all such period.