Tenant’s Tax Payment. (a) If the Taxes for any Comparison Year exceed the Base Taxes, Tenant shall pay to Landlord Tenant's Proportionate Share of such excess ("Tenant's Tax Payment"). For each Comparison Year, Landlord shall furnish to Tenant a written statement setting forth Landlord's good faith reasonable estimate of Tenant's Tax Payment for such Comparison Year, based upon such year's budget for Taxes. Tenant shall pay to Landlord on the first day of each month during such Comparison Year an amount equal to one-twelfth of Landlord's estimate of Tenant's Tax Payment for such Comparison Year. If, however, Landlord shall furnish any such estimate for a Comparison Year subsequent to the commencement thereof, then (i) until the first day of the month following the month in which such estimate is furnished to Tenant, Tenant shall pay to Landlord on the first day of each month an amount equal to the monthly sum payable by Tenant to Landlord under this Section 8.2 during the last month of the preceding Comparison Year, (ii) promptly after such estimate is furnished to Tenant or together therewith, Landlord shall give notice to Tenant stating whether the installments of Tenant's Tax Payment previously made for such Comparison Year were greater or less than the installments of Tenant's Tax Payment to be made for such Comparison Year in accordance with such estimate, and (A) if there shall be a deficiency, Tenant shall pay the amount thereof within 10 business days after demand therefor, or (B) if there shall have been an overpayment, Landlord shall credit the amount thereof against subsequent payments of Rent due hereunder, and (iii) on the first day of the month following the month in which such estimate is furnished to Tenant, and on the first day of each month thereafter throughout the remainder of such Comparison Year, Tenant shall pay to Landlord an amount equal to one-twelfth of Tenant's Tax Payment shown on such estimate.
Tenant’s Tax Payment. (a) Tenant shall pay to Landlord Tenant's Proportionate Share of the Taxes payable for any Comparison Year ("Tenant's Tax Payment"). On or about the start of each Comparison Year, Landlord shall furnish to Tenant a Statement of the Taxes. Tenant shall pay Tenant's Tax Payment to Landlord, in monthly installments, on the first day of each month during each Comparison Year, an amount equal to 1/12 of Tenant's Tax Payment due for each Comparison Year. If there is any increase or decrease in Taxes payable for any Comparison Year, whether levied during or after such Comparison Year, Landlord may furnish a revised Statement for such Comparison Year, Tenant's Tax Payment for such Comparison Year shall be adjusted and, within 10 Business Days after delivery of such revised Statement (a) with respect to any increase in Taxes payable for such Comparison Year, Tenant shall pay such increase in Tenant's Tax Payment to Landlord, or
Tenant’s Tax Payment. Section 3.1 For the purposes of this Article 3 and other provisions of this Lease:
Tenant’s Tax Payment. For each Tax Year, Tenant shall pay to Landlord an amount ("Tenant's Tax Payment") equal to Tenant's Proportionate Tax Share of the increase, if any, in Taxes for such Tax Year over the Base Year Taxes.
Tenant’s Tax Payment. Tenant's Share of the excess of Taxes for any Tax Year over Taxes for the Taxes Base Year.
Tenant’s Tax Payment. (a) If Real Estate Taxes for any Tax Year shall exceed Base Taxes, Tenant shall pay as Additional Charges for each Tax Year a sum ("Tenant's Tax Payment") equal to Tenant's Tax Share (as set forth in Section 1.01 hereof) of such excess.
Tenant’s Tax Payment. Landlord will cause the Demised Premises to be taxed as a separate tax parcel within the City or County/Parish in which it is located, as applicable. Tenant shall reimburse Landlord for the ad valorem taxes payable with respect to the Demised Premises within forty-five (45) days after receipt of Landlord's paid receipt or other definitive proof of payment for such taxes (excluding any late payment charges or penalties imposed on Landlord). In the event Landlord fails to submit a xxxx to Tenant within twelve (12) months after the date Landlord pays such taxes, Tenant shall not be obligated to reimburse Landlord. Taxes will be prorated for any partial Lease Year. Landlord is responsible for payment of all impact fees, special assessments and any other taxes or assessments levied or assessed in connection with or as a result of the development of the Demised Premises. Landlord is responsible for payment of all inheritance, estate, successor, transfer, gift, income or sales taxes imposed on Landlord or otherwise relating to the Demised Premises. Tenant shall also pay any taxes imposed upon the personal property of Tenant. In addition, Tenant agrees to pay any sales tax on rents paid by Tenant hereunder or other so-called "rent tax" (such as, by way of example, any sales tax on rent). Landlord agrees to permit Tenant to contest the validity or amount of any taxes by appropriate proceedings. In the event Landlord receives any refund of such taxes, Landlord shall credit such refund to Tenant against the next succeeding payments of taxes due from Tenant. If such refund occurs after the last year of the term, Landlord will refund such amount to Tenant within forty-five (45) days after Landlord's receipt thereof.
Tenant’s Tax Payment. For each Tax Year that occurs (in whole or in part) during the Term commencing with the 2015/2016 Tax Year and continuing thereafter throughout the term of the lease, Tenant shall pay, as Additional Rent, the Tax Payment for each such Tax Year and for each and every Tax Year thereafter, as more particularly provided in subsection 5.03(a) below.
Tenant’s Tax Payment. (A) Tenant shall pay as Escalation Rent for each Tax Year, (I) commencing on the first anniversary of the Commencement Date, an amount (“Tenant’s BID Payment”) equal to Tenant’s Tax Share of the BID Charges for the applicable Tax Year; and (II) commencing on July 1, 2017, an amount (“Tenant’s Initial Tax Payment”) equal to (a) $21,670.50 (or $0.75 per RSF of the Premises) for the 2017/2018 Tax Year; (b) $43,341.00 (or $1.50 per RSF of the Premises) for the 2018/2019 Tax Year; (c) $65,011.50 for the 2019/2020 Tax Year (or $2.25 per RSF of the Premises); (d) $86,682.00 (or $3.00 per RSF of the Premises) for the 2020/2021 Tax Year; and (e) $108,352.50 (or $3.75 per RSF of the Premises) for the 2021/2022 Tax Year.
Tenant’s Tax Payment. Tenant shall pay to Landlord an amount (“Tenant’s Tax Payment”) (a) in respect of the Office Space and, if leased by Tenant, the 51st Floor Space, for each Tax Year commencing with the first Tax Year after the expiration of the Tax Base Year, equal to Tenant’s Proportionate Tax Share of the increase, if any, in Taxes for such Tax Year over the Base Year Taxes and (b) in respect of Tenant’s Roof Top Space, commencing with the RTS Rent Commencement Date and each Tax Year thereafter, one hundred percent (100%) of the RTS Taxes.
