Common use of Tenant to Reimburse Landlord Clause in Contracts

Tenant to Reimburse Landlord. If by law, regulation or otherwise, business taxes or other similar rates and taxes or taxes upon Tenant's fixtures, equipment, machinery or upon Improvements are made payable by landlords or proprietors, or if the mode of collecting such taxes and/or rates be so altered as to make Landlord liable therefor instead of Tenant, Tenant shall repay to Landlord prior to the due date but, in any event within 7 days after demand upon Tenant, the amount of the charge imposed on Landlord as a result of such change, and shall save Landlord harmless from any cost or expense in respect thereof.

Appears in 2 contracts

Samples: Net Lease (Biologix Hair Inc.), Assignment of Lease (Itc Learning Corp)

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Tenant to Reimburse Landlord. If by law, regulation or otherwise, business taxes or other similar rates and taxes or taxes upon Tenant's ’s fixtures, equipment, machinery or upon Improvements are made payable by landlords or proprietors, or if the mode of collecting such taxes and/or rates be so altered as to make Landlord liable therefor instead of Tenant, Tenant shall repay to Landlord prior to the due date but, but in any event within 7 days after demand upon Tenant, the amount of the charge imposed on Landlord as a result of such change, and shall save Landlord harmless from any cost or expense in respect thereof.

Appears in 2 contracts

Samples: Net Lease (Movella Holdings Inc.), Net Lease (Pathfinder Acquisition Corp)

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