TAXES ON PROPERTY Clause Samples
TAXES ON PROPERTY. 9.1 In addition to the payments mentioned in preceding clauses, Taxes on Property are payable/ reimbursable by THE LESSEE calculated prorata of the super built up area of the Demised Premises to the total super built-up area of the Property as well as payable/reimbursable in respect of car parking spaces, if applicable.
9.2 Taxes on Property as presently levied and all increases and/ or fresh impositions thereof as levied both prospectively and retrospectively and shall be payable/ reimbursable from the Lease Commencement Date and till the occupancy period by THE LESSEE or the Lock-in period, whichever is later, as applicable.
9.3 Taxes on Property shall be paid/ reimbursed by THE LESSEE to THE LESSOR, within fifteen (15) days of the date of invoice/ demand raised/ made by THE LESSOR, giving details thereof duly supported with copies of relevant documents, if any.
9.4 Any penalties/ interest arising due to delayed payments/ reimbursements by THE LESSEE shall be solely to THE LESSEE’s account. Similarly, any penalties arising due to delayed payments by THE LESSOR shall be solely to THE LESSOR’s account.
TAXES ON PROPERTY. AXP and Service Provider shall each bear sole responsibility for all taxes, assessments, and other ad valorem levies on each party’s respective owned property, except where provided otherwise in this Agreement. COMPOSECURE SERVICES AGREEMENT 4
TAXES ON PROPERTY. Landlord shall pay all ad valorem taxes or other assessments levied or assessed against the Premises before they become delinquent. Tenant shall pay all ad valorem taxes or other assessments levied or assessed against Tenant's personal property, including trade fixtures, located on the Premises and will cause such personal property to be assessed directly to Tenant.
TAXES ON PROPERTY. Lessee agrees timely to pay all ad valorem property taxes relating to the premises during the term hereof, prorated during the period this Lease is in effect and timely to provide Lessor with proof of payment thereof. Lessee agrees to absorb all improvement lien assessments for public improvements on or with respect to the leased premises during the term hereof. Lessor shall use his best efforts promptly to cause the leased premises to be assessed separately for property taxes from other property owned by Lessor. Until such time as the leased premises is separately assessed, ad valorem property taxes will be allocated between the leased premises and any other property covered by property tax bills on the basis of the square footage of the leased premises to the square footage of the entire property covered by the tax bills.
TAXES ON PROPERTY. Lessee agrees to pay all ad valorem property taxes relating to the premises during the term hereof, prorated during the period this Lease is in effect. Lessor agrees to absorb all improvement lien assessments for public improvements on or with respect to the leased premises during the term hereof. Lessor shall use his best efforts promptly to cause the leased premises to be assessed separately for property taxes from other property owned by Lessor. Until such time as the leased premises is separately assessed, ad valorem property taxes will be allocated between the leased premises and any other property covered by property tax bills on the basis of the square footage of the leased premises to the square footage of the entire property covered by the tax bills.
TAXES ON PROPERTY. Tenant shall pay all ad valorem taxes or other assessments levied or assessed against the Premises before they become delinquent. Tenant shall pay all ad valorem taxes or other assessments levied or assessed against Tenant's personal property, including trade fixtures, located on the Premises and will cause such personal property to be assessed directly to Tenant.