Monthly Tax Amount definition
Examples of Monthly Tax Amount in a sentence
If Landlord gives the initial Tax Statement to Tenant after the first day of the Tax Year covered thereby, then Tenant, on the first day of the following calendar month, shall also pay to Landlord an amount equal to the product obtained by multiplying d) the Initial Monthly Tax Amount, by e) the number of calendar months which have elapsed since the beginning of such Tax Year.
If Landlord gives the initial Tax Statement to Tenant after the first day of the Tax Year covered thereby, then Tenant, on the first day of the following calendar month, shall also pay to Landlord an amount equal to the product obtained by multiplying i) the Initial Monthly Tax Amount, by ii) the number of calendar months which have elapsed since the beginning of such Tax Year.