Common use of Taxes on Tenant Improvements and Personal Property Clause in Contracts

Taxes on Tenant Improvements and Personal Property. Notwithstanding any -------------------------------------------------- other provision hereof, Tenant shall pay the full amount of any increase in Real Property Taxes during the Term resulting from any and all Alterations (as defined in Section 9.a. below) of any kind whatsoever placed in, on or about the Premises for the benefit of, at the request of, or by Xxxxxx. Tenant shall pay, prior to delinquency, all taxes assessed or levied against Xxxxxx's personal property, equipment, furniture or fixtures (collectively, "Personal Property") in, on or about the Premises. When possible, Tenant shall cause its Personal Property to be assessed and billed separately from the real or personal property of Landlord. Tenant recognizes that pursuant to Section 107.6 of the California Revenue and Taxation Code Tenant's possessory interest under this Lease may be subject to property taxation based on the full cash value, as defined in Sections 110 and 110.1 of the California Revenue and Taxation Code.

Appears in 2 contracts

Samples: Net Lease (Avantgo Inc), Net Lease (Avantgo Inc)

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Taxes on Tenant Improvements and Personal Property. Notwithstanding any -------------------------------------------------- other provision hereof, Tenant shall pay the full amount of any increase in Real Property Taxes during the Term resulting from any and all Alterations (as defined in Section 9.a. below) of any kind whatsoever placed in, on or about the Premises for the benefit of, at the request of, or by Xxxxxx. Tenant shall pay, prior to delinquency, all taxes assessed or levied against Xxxxxx's ’s personal property, equipment, furniture or trade fixtures (collectively, "Personal Property") in, on or about the Premises. When possible, Tenant shall cause its Personal Property to be assessed and billed separately from the real or personal property of Landlord. Tenant recognizes that pursuant to Section 107.6 of the California Revenue and Taxation Code Tenant's ’s possessory interest under this Lease may be subject to property taxation based on the full cash value, as defined in Sections 110 and 110.1 of the California Revenue and Taxation Code.

Appears in 1 contract

Samples: Net Lease (Renovis Inc)

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Taxes on Tenant Improvements and Personal Property. Notwithstanding any -------------------------------------------------- other provision hereof, Tenant shall pay the full amount of any increase in Real Property Taxes during the Term resulting from any and all Alterations (as defined in Section 9.a. below) of any kind whatsoever placed in, on or about the Premises for the benefit of, at the request of, or by XxxxxxTenant. Tenant shall pay, prior to delinquency, all taxes assessed or levied against Xxxxxx's Tenant’s personal property, equipment, furniture or fixtures (collectively, "Personal Property") in, on or about the Premises. When possible, Tenant shall cause its Personal Property to be assessed and billed separately from the real or personal property of Landlord. Tenant recognizes that pursuant to Section 107.6 of the California Revenue and Taxation Code Tenant's possessory ’s possesory interest under this Lease may be subject to property taxation based on the full cash case value, as defined in Sections 110 and 110.1 of the California Revenue and Taxation Code.

Appears in 1 contract

Samples: Sublease Agreement (Thermage Inc)

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