Common use of Taxes on Tenant’s Property and Business Clause in Contracts

Taxes on Tenant’s Property and Business. At least ten (10) days prior to delinquency, Tenant shall pay all taxes levied or assessed by any local, state or federal authority upon the conduct of Tenant’s business in the Premises or upon Tenant’s Property (as defined in Section 10.4). Upon Landlord’s request, Tenant shall deliver satisfactory evidence of payment of all such taxes. If the assessed value of the Property is increased by the inclusion of a value placed upon Tenant’s Property, Tenant shall pay to Landlord, upon written demand, the taxes so levied against Landlord, or the portion of Landlord’s taxes resulting from said increase in assessment, as determined from time to time by Landlord.

Appears in 2 contracts

Samples: Lease (Silicon Graphics Inc), Lease (Google Inc.)

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Taxes on Tenant’s Property and Business. At least ten (10) days prior to delinquency, Tenant shall pay all taxes levied or assessed by any local, state or federal authority upon the conduct of Tenant’s business in the Premises or upon Tenant’s Property (as defined in Section 10.410.6). Upon Landlord’s request, Tenant shall deliver satisfactory evidence of payment of all such taxes. If the assessed value of the Property is increased by the inclusion of a value placed upon Tenant’s Property, Tenant shall pay to Landlord, upon written demand, the taxes so levied against Landlord, or the portion of Landlord’s taxes resulting from said increase in assessment, as determined from time to time by Landlord.

Appears in 1 contract

Samples: Lease (Silicon Graphics Inc)

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Taxes on Tenant’s Property and Business. At least ten (10) days prior to delinquency, Tenant shall pay all taxes levied or assessed by any local, state or federal authority upon the conduct of Tenant’s business in the Premises or upon Tenant’s Property (as defined in Section 10.410.5). Upon Landlord’s request, Tenant shall deliver satisfactory evidence of payment of all such taxes. If the assessed value of the Property is increased by the inclusion of a value placed upon Tenant’s Property, Tenant shall pay to Landlord, upon written demand, the taxes so levied against Landlord, or the portion of Landlord’s taxes resulting from said increase in assessment, as determined from time to time by Landlord.

Appears in 1 contract

Samples: Security Agreement (Silicon Graphics Inc)

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