Building Taxes means those Taxes attributable to the value of the Building, as reasonably determined by Landlord.
Building Taxes as used in this Lease, shall mean those items of "Project Taxes" (as hereinafter defined) which relate solely to the Building, plus an equitable share of Project Taxes which relate to the land underlying the Project, to the Exterior Common Areas and/or to the Project as a whole (as opposed to Project Taxes relating solely to the Building or any other particular building within the Project), which equitable share shall be allocated by Lessor between the Building and the other buildings located within the Project from time to time, if any, in such manner as Lessor reasonably determines in good faith. The term "Project Taxes" as used in this Lease shall collectively mean (to the extent any of the following are not paid by Lessee pursuant to Article 7.c. below) all: real estate taxes and general or assessments (including, but not limited to, assessments for public improvements or benefits); personal property taxes; taxes based on vehicles utilizing parking areas on the Parcel; taxes computed or based on rental income (including without limitation any municipal business tax but excluding federal, state and municipal net income taxes); Environmental Surcharges; excise taxes; gross receipts taxes; sales and/or use taxes; employee taxes; water and sewer taxes, levies, assessments and other charges in the nature of taxes or assessments (including, but not limited to, assessments for public improvements or benefit); and all other governmental, quasi-governmental or special district impositions of any kind and nature whatsoever, regardless of whether now customary or within the contemplation of the parties hereto and regardless of whether resulting from increased rate and/or valuation, or whether extraordinary or ordinary, general or special, unforeseen or foreseen, or similar or dissimilar to any of the foregoing which during the Lease Term are laid, levied, assessed or imposed upon Lessor and/or become a lien upon or chargeable against the Project or the Premises, Building, Common Area and/or Parcel under or by virtue of any present or future laws, statutes, ordinances, regulations, or other requirements of any governmental authority or quasi-governmental authority or special district having the direct or indirect power to tax or levy assessments whatsoever. The term "Environmental Surcharges" shall include any and all expenses, taxes, charges or penalties imposed by the Federal Department of Energy, Federal Environmental Protection Agency, the Federal Clean Air Ac...
Building Taxes shall have the meaning set forth in (e), above, except that the phrases "Land Taxes" and "Land" shall be changed to read "Building Taxes" and the "Building", respectively;
Examples of Building Taxes in a sentence
NPOs are subject to Land and Building Taxes, Stamp Duty, and Real Property Acquisition Fee.
Includes all fees, charges (including parking charges), expenses, fines, assessments, interest or other sums payable by Tenant pursuant to this Lease other than (a) Tenant’s Project Share of (i) Project Taxes, (ii) Project Insurance Costs and (iii) Project Operating Costs, (b) Tenant’s Building Share of (i) Building Taxes, (ii) Building Insurance Costs and (iii) Building Operating Costs and (c) Tenant’s Utility Costs due under this Lease.
Commencing as of the Term Commencement Date and continuing thereafter with respect to each Tax Year occurring during the term of the Lease, Tenant shall pay to Landlord, with respect to any Tax Period, the sum of: (x) Tenant’s Proportionate Building Share of Building Taxes for such Tax Period, plus (y) Tenant’s Proportionate Common Share of Common Area Taxes for such Tax Period, such sum being hereinafter referred to as “Tax Share”.
Tenant shall pay, as Additional Rent, Tenant's Proportionate Share of all Land Taxes and all Building Taxes in respect of any Tax Year falling wholly or partially within the Term, to the extent that Taxes for any such period shall exceed the Base Taxes (which payment shall be adjusted by proration with respect to any partial Tax Year.
Building Taxes and Building Operating Expenses are collectively referred to herein as “Building Expenses”.
More Definitions of Building Taxes
Building Taxes means the real estate taxes and other taxes, levies and assessments imposed upon the Building and that portion of the land of the Complex comprised of the Building's footprint and an area surrounding the Building as shown on Exhibit 2-1, and upon any personal property of Landlord used in the operation of the Building, or on Landlord's interest in the Building or such personal property (provided that to the extent such taxes, levies, and assessments are also allocable to property other than the Building, such amounts shall be allocated among all real estate which is so jointly assessed based on the assessor's records or, if the records do not provide a separate allocation, based on square footage of the buildings in question); charges, fees and assessments for transit, housing, police, fire or other services or purported benefits to the Building; service or user payments in lieu of taxes; and any and all other taxes, levies, betterments, assessments and charges arising from the ownership, leasing, operating, use or occupancy of the Building or based upon rentals derived therefrom, which are or shall be imposed by federal, state, county, municipal or other governmental authorities. Notwithstanding anything to the contrary herein contained, with respect to
Building Taxes shall be deemed to include (i) all real property taxes (which shall be deemed to include all property taxes and assessments, water and sewer rents, rates and charges, parking surcharges and any other governmental charges, general and special, ordinary and extraordinary), which may be levied or assessed by any lawful authority against the Building, the Building Common Areas and the Outside Common Areas. The amount required to be paid by Landlord pursuant to any Payment-in-Lieu-of-Tax Agreement between Landlord and any taxing authority having jurisdiction over the Building shall, for purposes of this Lease, be deemed to be a real property tax obligation and included within the definition of Building Taxes.
Building Taxes means all Taxes assessed against the Building.
Building Taxes shall be deemed to include (i) all real property taxes (which shall be deemed to include all property taxes and assessments, water and sewer rents, rates and charges, parking and environmental surcharges and any other governmental charges, general and special, ordinary and extraordinary), which may be levied or assessed by any lawful authority against the Building, the Building Common Areas and the Outside Common Areas, plus (ii) twelve percent (12%) of such real property taxes for overhead expenses. The amounts required to be paid by Landlord or any tenant or occupant of the Building pursuant to any Payment in Lieu of Tax Agreement entered into with a taxing authority having jurisdiction over the Building shall be considered for the purposes of this Lease to be included within the definition of Building Taxes.
Building Taxes shall be deemed to include (i) all real property taxes (which shall be deemed to include all property taxes and assessment, water and sewer rents, rates and charges, parking and environmental surcharges and any other governmental charges, general and special, ordinary and extraordinary, and any payments required to be made to the City of Syracuse pursuant to a "Payment in Lieu of Taxes" agreement) which may be levied or assessed by any lawful authority against the Building, the Building Common Areas or the Building Common Facilities.
Building Taxes means all taxes, rates, duties, levies and assessments whatsoever (including, without limitation, local improvement taxes and levies), levied, rated, charged, imposed or assessed by any lawful taxing authority, whether federal, provincial, municipal, school or otherwise against the Building, including, without limitation, the Common Areas and Facilities, or any part or parts thereof from time to time, or upon the Landlord in respect thereof, or from time to time levied, rated, charged, imposed or assessed in the future in lieu thereof or in addition thereto, whether of the foregoing character or not, and whether in existence at the commencement of the Term or not, including, without limitation, those levied, rated, charged, imposed or assessed for education, schools and local governments, and including all costs and expenses (including, without limitation, legal and other professional fees and interest and penalties on deferred payments) incurred by the Landlord in good faith in contesting, resisting or appealing any taxes, rates, duties, levies or assessments, but excluding taxes and license fees in respect of any business carried on by Tenants and occupants of the Building within leasable premises, and income or profits taxes upon the income of the Landlord to the extent such taxes are not levied in lieu of taxes, rates, duties, levies and assessments against the Building or upon the Landlord in respect thereof;
Building Taxes means the Taxes on the Building and the portion of the Land on which the Building is located, including all sidewalks, plazas, streets and land adjacent to the Building, and all replacements thereof.