Common use of Tenant’s Impositions Obligation Clause in Contracts

Tenant’s Impositions Obligation. Commencing on the Commencement Date and continuing throughout the Term of this Agreement, subject to the terms of this Section 8.2, Tenant will pay only those Impositions directly imposed on or applicable to the Tax Parcel of the Premises, which is identified as Parcel Number 104051 by the Durham County Tax Administration. Tenant will pay such Impositions as and when they become due after Landlord has provided Tenant with notice of such Impositions accompanied with documentation (a) evidencing the source of such Imposition, (b) itemizing Tenant’s share and/or responsibility for such Imposition, and (c) including any computations used by Landlord to determine Tenant’s share of such Impositions. As representative form of Impositions to be assessed to Tenant as of the Effective Date, including estimated amounts (if available) for the subject Premises is attached hereto as Exhibit E. Impositions that are payable by Tenant for the tax year in which the Commencement Date occurs, as well as during the year in which the Term of this Agreement ends, shall be apportioned so that Tenant shall pay to Landlord its proportionate share of the Impositions payable by Tenant for such periods of time, and Landlord shall make payment directly to the taxing authority. If the Premises are not separately assessed, Tenant shall pay to Landlord, within thirty (30) days following demand therefor, Tenant’s share of Impositions directly connected to the Premises payable by Tenant for the tax year in which the Term ends. Promptly following receipt of a copy of any tax xxxx relating to the Premises, Landlord shall deliver to Tenant a copy thereof, together with Landlord’s computation of the amount thereof owed by Tenant. Upon Tenant's request, Landlord shall deliver to Tenant a copy of the paid receipt. In no event shall Tenant be liable for any penalties or interest owing on such tax xxxx if Landlord fails to deliver the tax xxxx and computation to Tenant on or before the thirtieth (30th) day prior to the date upon which such penalties and/or interest begin to accrue. If the Premises are separately assessed, (i) where any Imposition that Tenant is obligated to pay may be paid pursuant to law in installments, Tenant may pay such Imposition in installments as and when such installments become due, (ii) Tenant shall pay directly to the taxing authority the Impositions for the Premises, and (iii) Tenant shall deliver to Landlord evidence of due payment of all Impositions Tenant is obligated to pay hereunder, concurrently with the making of such payment.

Tenant’s Impositions Obligation. Commencing on the Commencement Rent Start Date and continuing throughout the Term of this Agreement, subject to the terms of this Section 8.2, Tenant will pay only those Impositions directly imposed on or applicable to the Tax Parcel of the Premises, which is identified as Parcel Number 104051 by the Durham County Tax Administration. Tenant will pay such Impositions as and when they become due after Landlord has provided Tenant with notice of such Impositions accompanied with documentation (a) evidencing the source of such Imposition, (b) itemizing Tenant’s share and/or responsibility for such Imposition, and (c) including any computations used by Landlord to determine Tenant’s share of such Impositions. As representative form of Impositions to be assessed to Tenant as of the Effective Date, including estimated amounts (if available) for the subject Premises is attached hereto as Exhibit E. Impositions that are payable by Tenant for the tax year in which the Commencement Rent Start Date occurs, as well as during the year in which the Term of this Agreement ends, shall be apportioned so that Tenant shall pay to Landlord its proportionate share of the Impositions payable by Tenant for such periods of time, and Landlord shall make payment directly to the taxing authority. If the Premises are not separately assessed, Tenant shall pay to Landlord, within thirty (30) days following demand therefor, Tenant’s share of Impositions directly connected to the Premises payable by Tenant for the tax year in which the Term ends. Promptly following receipt of a copy of any tax xxxx relating to the Premises, Landlord shall deliver to Tenant a copy thereof, together with Landlord’s computation of the amount thereof owed by Tenant. Upon Tenant's request, Landlord shall deliver to Tenant a copy of the paid receipt. In no event shall Tenant be liable for any penalties or interest owing on such tax xxxx if Landlord fails to deliver the tax xxxx and computation to Tenant on or before the thirtieth (30th) day prior to the date upon which such penalties and/or interest begin to accrue. If the Premises are separately assessed, (i) where any Imposition that Tenant is obligated to pay may be paid pursuant to law in installments, Tenant may pay such Imposition in installments as and when such installments become due, (ii) Tenant shall pay directly to the taxing authority the Impositions for the Premises, and (iii) Tenant shall deliver to Landlord evidence of due payment of all Impositions Tenant is obligated to pay hereunder, concurrently with the making of such payment.

Tenant’s Impositions Obligation. Commencing on the Commencement Date and continuing throughout the Term of this Agreement, subject to the terms of this Section 8.2, Tenant will pay only those Impositions directly imposed on or applicable to the Tax Parcel of the Premises, which is identified as Parcel Number 104051 by the Durham County Tax Administration. Tenant will pay such Impositions as and when they become due after Landlord has provided Tenant with notice of such Impositions accompanied with documentation (a) evidencing the source of such Imposition, (b) itemizing Tenant’s share and/or responsibility for such Imposition, and (c) including any computations used by Landlord to determine TenantXxxxxx’s share of such Impositions. As representative form of Impositions to be assessed to Tenant as of the Effective Date, including estimated amounts (if available) for the subject Premises is attached hereto as Exhibit E. Impositions that are payable by Tenant for the tax year in which the Commencement Date occurs, as well as during the year in which the Term of this Agreement ends, shall be apportioned so that Tenant shall pay to Landlord its proportionate share of the Impositions payable by Tenant for such periods of time, and Landlord shall make payment directly to the taxing authority. If the Premises are not separately assessed, Tenant shall pay to Landlord, within thirty (30) days following demand therefor, TenantXxxxxx’s share of Impositions directly connected to the Premises payable by Tenant for the tax year in which the Term ends. Promptly following receipt of a copy of any tax xxxx bill relating to the Premises, Landlord shall deliver to Tenant a copy thereof, together with LandlordXxxxxxxx’s computation of the amount thereof owed by TenantXxxxxx. Upon TenantXxxxxx's request, Landlord Xxxxxxxx shall deliver to Tenant a copy of the paid receipt. In no event shall Tenant be liable for any penalties or interest owing on such tax xxxx bill if Landlord Xxxxxxxx fails to deliver the tax xxxx bill and computation to Tenant on or before the thirtieth (30th) day prior to the date upon which such penalties and/or interest begin to accrue. If the Premises are separately assessed, (i) where any Imposition that Tenant is obligated to pay may be paid pursuant to law in installments, Tenant may pay such Imposition in installments as and when such installments become due, (ii) Tenant shall pay directly to the taxing authority the Impositions for the Premises, and (iii) Tenant shall deliver to Landlord evidence of due payment of all Impositions Tenant is obligated to pay hereunder, concurrently with the making of such payment.