Common use of Tenant Obligation and Payment of Impositions Clause in Contracts

Tenant Obligation and Payment of Impositions. Tenant shall pay, before any fine, penalty, interest or cost may be added thereto for the nonpayment thereof, or as otherwise reasonably directed by Xxxxxxxx, all real estate taxes, special assessments, water rates and charges, sewer rates and charges, including, without limitation, any sum or sums payable for present or future sewer or water capacity, charges for public and private utilities, street lighting, excise levies, licenses, permits, inspection fees, other governmental charges, taxes based upon the receipt of rent, and all other charges or burdens of whatsoever kind and nature incurred in the use, occupancy, ownership, operation, leasing or possession of the Demised Premises, without particularizing by any known name or by whatever name hereafter called, and regardless of whether any of the foregoing are general or special, ordinary or extraordinary, foreseen or unforeseen, which at any time are due and payable during the Term or otherwise reasonably determined by Landlord to have accrued during or to be attributable to the Term (collectively, "Impositions"). Landlord shall cause the taxing authority to send the tax bills directly to Tenant, and Tenant shall pay directly to the taxing authority such Impositions. If the taxing authority requires that payment be made by Landlord, Tenant shall pay to Landlord the amount of Tenant's obligation prior to the date on which such Impositions are due. If the statement for the Impositions is sent to Landlord, Landlord shall promptly forward the statement to Tenant. In the event assessments are payable in installments, Tenant shall have the right to elect to pay same over the longest available installment period. Tenant shall be entitled to the benefit of any discount, rollback or credit given to Landlord with respect to any real estate taxes applicable to this Lease.

Appears in 3 contracts

Samples: Lease Agreement, Lease Agreement, Lease Agreement

AutoNDA by SimpleDocs

Tenant Obligation and Payment of Impositions. Tenant shall pay, before any fine, penalty, interest or cost may be added thereto for the nonpayment thereof, or as otherwise reasonably directed by XxxxxxxxLandlord, all real estate taxes, special assessments, water rates and charges, sewer rates and charges, including, without limitation, any sum or sums payable for present or future sewer or water capacity, charges for public and private utilities, street lighting, excise levies, licenses, permits, inspection fees, other governmental charges, taxes based upon the receipt of rent, and all other charges or burdens of whatsoever kind and nature incurred in the use, occupancy, ownership, operation, leasing or possession of the Demised Premises, without particularizing by any known name or by whatever name hereafter called, and regardless of whether any of the foregoing are general or special, ordinary or extraordinary, foreseen or unforeseen, which at any time are due and payable during the Term or otherwise reasonably determined by Landlord to have accrued during or to be attributable to the Term (collectively, "Impositions"). Landlord shall cause the taxing authority to send the tax bills directly to Tenant, and Tenant shall pay directly to the taxing authority such Impositions. If the taxing authority requires that payment be made by Landlord, Tenant shall pay to Landlord the amount of Tenant's obligation prior to the date on which such Impositions are due. If the statement for the Impositions is sent to Landlord, Landlord shall promptly forward the statement to Tenant. In the event assessments are payable in installments, Tenant shall have the right to elect to pay same over the longest available installment period. Tenant shall be entitled to the benefit of any discount, rollback or credit given to Landlord with respect to any real estate taxes applicable to this Lease.

Appears in 2 contracts

Samples: Lease Agreement, Lease Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.