Base Year for Taxes definition

Base Year for Taxes. As defined in Section 1.1.

Base Year for Taxes means Fiscal Year 2015.

Base Year for Taxes. The twelve month period beginning June 30, 1999. Tenant's Proportionate Share: 4.90% (which is based on the ratio of (a) Premises Rentable Area to (b) Building Rentable Area ).

Examples of Base Year for Taxes in a sentence

• Tenant acknowledges and agrees that during the Extended Term the Base Year for Taxes, the Base Year for Expenses and the Pro Rata Share of Taxes and Expenses shall remain as set forth in the Original Lease.

• Tenant’s Proportionate Share of any increase in Taxes above the amount incurred during the Base Year for Taxes.

• Tenant shall continue to pay all Additional Rent with respect to the Existing Premises (including Tenant’s Pro Rata Share of Expense Excess and Tax Excess) in accordance with the Lease; provided, however, that commencing on February 1, 2024: (i) the Base Year for Expenses with respect to the Existing Premises shall be reset to calendar year 2024, and (ii) the Base Year for Taxes with respect to the Existing Premises shall be reset to Fiscal Year 2024 (i.e., July 1, 2023 to June 30, 2024).

• The Yearly Rent rental rate in respect of the RFO Premises shall be based upon the Fair Market Rental Value determined as set forth above and the Base Year for Operating Expenses shall be the calendar year in which the RFO Premises Commencement Date falls, and the Base Year for Taxes shall be the fiscal year in which the RFO Premises Commencement Date falls.

• Commencing as of the Reduction/Extension Date, Tenant’s Pro Rata Share shall be 4.2257% of the Building, and the Base Year for Taxes and Expenses shall be the calendar year 2011.

More Definitions of Base Year for Taxes

Base Year for Taxes means calendar year 2012.

Base Year for Taxes means the calendar year commencing January 1, 1995;

Base Year for Taxes. The greater of (i) the Taxes for Fiscal Year 2004 (i.e. the twelve month period beginning July 1, 2003 and ending June 30, 2004), or (ii) the Taxes for Fiscal Year 2005 (the twelve month period beginning July 1, 2004 and ending June 30, 2005).

Base Year for Taxes. As set forth in Section 6.1.3 hereof. Additional Rent: Sublessee shall pay as additional rent: (a) Sublessee’s Share (as defined below) of Expenses (as such term is defined in the Prime Lease) in excess of the Base year for Expenses and Taxes (as such term is defined in the Prime Lease) in excess of the Base Year for Taxes payable by Sublessor as tenant under the Prime Lease in accordance with Section 6.1.3, below; (b) any additional charges assessed or charged to Sublessor or required to be paid by Sublessor pursuant to the Prime Lease in connection with Sublessee’s use or occupancy of the Premises, including, but not limited to, any parking charges pursuant to Exhibit F of the Prime Lease, charges for electricity used in the Premises pursuant to Section 7.02 of the Prime Lease and Section 1(d) of the First Amendment, charges incurred by Sublessor in connection with Sublessee’s use of the Premises beyond normal business hours or for extra services provided by Prime Lessor for which Prime Lessor charges an additional fee or charge, any costs incurred by Sublessor in connection with making any maintenance or repairs to the Premises in accordance with the terms of this Sublease, or any other charge, fee, cost or expense incurred by Sublessor in connection with the Prime Lease; and (c) any other amounts (exclusive of Base Rent) to be paid by Sublessee to Sublessor under this Sublease.

Base Year for Taxes. The period from January 1, 1996 through December 31, 1996. During any Extended Term (as hereinafter defined), the Base Year for Taxes shall be changed to the calendar year or the first full tax year in which such Extended Term commences, whichever is later.

Base Year for Taxes. The period from January 1, 1998 to December 31, 1998.

Base Year for Taxes. The Base Year for Taxes shall be calendar year 2010. Commercial General Liability Insurance: $1,000,000 per occurrence and $2,000,000 annual aggregate (and not more than $25,000 self-insured retention) and a minimum excess/umbrella limit of $2,000,000.