Base Taxes definition

Base Taxes means the Taxes payable for the Base Tax Year.

Base Taxes is hereinbefore defined in Section 1.1.

Base Taxes means Taxes for the calendar year specified as the Base Year in the Basic Lease Information.

Examples of Base Taxes in a sentence

• Notwithstanding anything to the contrary in this Lease, if there is at any time a decrease in Taxes below the amount of the Taxes for the Base Year, then for purposes of calculating Additional Rent for the year in which such decrease occurs and all subsequent periods, Base Taxes shall be reduced to equal the Taxes for the year in which the decrease occurs.

• If for any reason Base Taxes or Taxes for any year during the Term are reduced, refunded or otherwise changed, Tenant’s Additional Rent shall be adjusted accordingly.

• If with respect to any full Tax Year or fraction of a Tax Year falling within the Lease Term Landlord’s Tax Expenses Allocable to the Premises for a full Tax Year exceed Base Taxes Allocable to the Premises or for any such fraction of a Tax Year exceed the corresponding fraction of Base Taxes Allocable to the Premises (such amount being hereinafter referred to as the “Tax Excess”), then Tenant shall pay to Landlord, as Additional Rent, the amount of such Tax Excess.

• If for any reason Base Taxes or Taxes for any year during the Term are reduced, refunded or otherwise changed, Tenant's Additional Rent shall be adjusted accordingly.

• During the year, the Company received 34 queries/complaints from Shareholders which were all resolved promptly.

More Definitions of Base Taxes

Base Taxes shall have the meaning set forth in Section 27.1 hereof.

Base Taxes means the Taxes for the calendar year set forth in Section 1.10 hereof.

Base Taxes means the amount of Taxes for the Base Year.

Base Taxes. The Taxes (as defined in Subsection 4.2.1) for the fiscal year ending June 30, 2019, as the same may be reduced by the amount of any abatement.

Base Taxes means the Taxes computed by the taxing jurisdiction for the Base Tax Year.

Base Taxes means an amount equal to the sum of (i) one-half (1/2) of the Taxes payable for the Tax Year commencing on July 1, 1998 and ending June 30, 1999, plus (ii) one-half (1/2) the Taxes payable for the Tax Year commencing on July 1, 1999 and ending June 30, 2000.

Base Taxes means the Taxes incurred by Landlord in the Base Year.