TAXES CONTINUED. Paragraph 12 ("Taxes") is modified by the following: A. The amount of Real Property Taxes payable by Tenant hereunder shall be prorated to reflect the dates of Lease Commencement and Lease Termination. B. It is agreed that if any special assessments for capital improvements are assessed, and if Landlord has the option to either pay the entire assessment in cash or go to bond, and if Landlord elects to pay the entire assessment in cash in lieu of going to bond, the entire portion of the assessment assigned to Tenant's Leased Premises will be prorated over the same period that the assessment would have been prorated had the assessment gone to bond.
Appears in 4 contracts
Samples: Lease Agreement (Cosine Communications Inc), Lease Agreement (Cosine Communications Inc), Lease Agreement (Cosine Communications Inc)
TAXES CONTINUED. Notwithstanding anything within Paragraph 12 12, ("Taxes"i) is modified by the following:
A. The amount of Real Property Taxes payable by Tenant hereunder shall be prorated to reflect the dates of Lease Commencement and Lease Termination.
B. It , and (ii) it is agreed that if any special assessments for capital improvements are assessed, and if Landlord has the option to either pay the entire assessment in cash or go to bond, and if Landlord elects to pay the entire assessment in cash in lieu of going to bond, the entire portion of the assessment assigned to Tenant's Leased Premises will be prorated over the same period that the assessment would have been prorated had the assessment gone to bond.
Appears in 2 contracts
Samples: Lease Agreement (Neoforma Com Inc), Lease Agreement (Neoforma Com Inc)
TAXES CONTINUED. Paragraph 12 ("Taxes") is modified by the following:
A. The amount of Real Property Taxes payable by Tenant hereunder shall be prorated to reflect the dates of Lease Commencement and Lease Termination.
B. It is agreed that if any special assessments for capital improvements are assessed, and if Landlord has the option to either pay the entire assessment in cash or go to bond, and if Landlord elects to pay the entire assessment in cash in lieu of going to bond, the entire portion of the assessment assigned to Tenant's Leased Premises will be prorated over the same period that the assessment would have been prorated had the assessment gone to bond.. (This Space Left Blank Intentionally)
Appears in 1 contract
