Premises Taxes definition

Premises Taxes means all real estate, personal property, ad valorem and other taxes and assessments, general and special, and all other governmental charges levied, assessed or imposed on or with respect to the Premises or which arise from the ownership, leasing, use, occupancy or possession of all or any portion of the Premises. Without limitation of the foregoing, it is hereby specifically agreed that "Premises Taxes" include all taxes and other governmental charges assessed or levied (i) on or with respect to any Base Rent or Additional Rent payable under this Lease, (ii) with respect to any period prior to or during the Term, and (iii) any interest, penalties, fines and other amounts charged for late payment or non-payment of any Premises Taxes. Notwithstanding the foregoing, Premises Taxes shall not include (A) any taxes or assessments imposed on or with respect to Tenant's Property (as defined in Section 9.1), (B) any income, franchise or other taxes measured by Landlord's income or profit from the Premises on a net basis, other than any sales, use, rent, occupancy or similar taxes on or with respect to Base Rent or Additional Rent, or (C) any gifts, estate or other transfer taxes imposed on Landlord.
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Premises Taxes as used in this Lease shall collectively mean (to the extent any of the following are not paid by Lessee pursuant to Article 7A below) all: real estate taxes and general or special assessments (including, without limitation, assessments for public improvements or benefits); personal property taxes; taxes based on vehicles utilizing parking areas within the Premises; 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 (defined below); 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 Term are laid, levied, assessed or imposed upon Lessor and/or become a lien upon or chargeable against any portions of the Premises 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. “Environmental Surcharges” shall include any and all expenses, taxes, charges or penalties imposed by any local, state or federal governmental agency or entity now or hereafter vested with the power to impose taxes, assessments or other types of surcharges as a means of controlling or abating environmental pollution or the use of energy in regard to the use, operation or occupancy of the Premises. “Premises Taxes” shall also include (to the extent the same are not paid by Lessee pursuant to Article 7A below), without limitation: the cost to Lessor of contesting the amount or validity or applicability of any Premises Taxes; and all taxes, assessments, levies, fees, impositions or charges relating to the use, possession, occupancy, leasing, operation or management of the Premises or levied in lieu of or equivalent to any other Premises Taxes des...
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Premises Taxes means all real estate taxes and assessments, general and special, and all other governmental charges levied, assessed or imposed on or with respect to the Premises. Premises Taxes shall not include (i) any taxes or assessments imposed on or with respect to Tenant’s trade fixtures, inventory, or other items of Tenant’s Property (as defined in Section 9.1), or (ii) any income, gift, estate, franchise or other taxes imposed on Landlord or measured by Rent or Landlord’s income or profit from the Premises (including business and occupation tax if it is hereafter applied to rental income), except as provided below. If at any time during the Term, the method of taxation shall be changed such that a new tax, assessment, levy, or other governmental charge shall be imposed (y) in full or partial substitution of any Premises Tax, or (z) on or measured by the Rent payable to Landlord by Tenant (other than an income or franchise tax), then such tax, assessment, levy or charge shall be included as part of Premises Tax.
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Examples of Premises Taxes in a sentence

  • Subject to the provisions hereof, Tenant, at its own expense, may contest Premises Taxes in any manner permitted by law, in Tenant's name, and, whenever necessary, in Landlord's name and Landlord will cooperate at Tenant's sole cost and expense with Tenant and execute any documents reasonably required for such purpose.

  • Any refund of Premises Taxes shall be deemed a reduction of Additional Rent hereunder.

  • Without limitation of the foregoing, it is hereby specifically agreed that "Premises Taxes" include all taxes and other governmental charges assessed or levied (i) on or with respect to any Base Rent or Additional Rent payable under this Lease, (ii) with respect to any period prior to or during the Term, and (iii) any interest, penalties, fines and other amounts charged for late payment or non-payment of any Premises Taxes.

  • Landlord or Landlord's agents have made no representations or promises with respect to the Building, the Real Property, the Premises, Taxes (as defined in Article 28 hereof) or any other matter or thing affecting or related to the Premises, except as herein expressly set forth and no rights, easements or licenses are acquired by Tenant by implication or otherwise except as expressly set forth herein.

  • Notwithstanding the foregoing, Premises Taxes shall not include (A) any taxes or assessments imposed on or with respect to Tenant's Property (as defined in Section 9.1), (B) any income, franchise or other taxes measured by Landlord's income or profit from the Premises on a net basis, other than any sales, use, rent, occupancy or similar taxes on or with respect to Base Rent or Additional Rent, or (C) any gifts, estate or other transfer taxes imposed on Landlord.

  • Notwithstanding the foregoing, Premises Taxes shall not include (A) any taxes or assessments imposed on or with respect to Tenant's Property (as defined in Section 9.1), (B) any income, franchise or other taxes measured by Landlord's income or profit from the Premises on a net basis, other than any sales, use, rent occupancy or similar taxes on or with respect to Base Rent or Additional Rent, or (C) any gifts estate or other transfer taxes imposed on Landlord.

  • Landlord or Landlord’s agents have made no representations or promises with respect to the Building, the Real Property, the Premises, Taxes (as defined in Article 28 hereof) or any other matter or thing affecting or related to the Premises, except as herein expressly set forth and no rights, easements or licenses are acquired by Tenant by implication or otherwise except as expressly set forth herein.

  • During the Lease Term, in addition to Base Rent, Lessee shall pay to Lessor as additional rent and without deduction or offset, an amount equal to all “Premises Taxes” (defined below and including, without limitation, any increased Premises Taxes caused by a sale or other change of ownership of the Premises) and “Premises Insurance Premiums” (defined below).

  • Subject to Paragraph 19 below, Tenant shall pay all real estate taxes, other ad valorem taxes and special assessments on the Premises ("Taxes") and charges for utilities consumed on the Premises which become due during the Term (even if such Taxes and charges accrued or pertain to a period prior to the commencement of this Lease) and also all Taxes which accrue during the Term and charges which relate to utilities consumed during the Term.

  • All taxes, charges, costs, expenses and other amounts which Lessee is required to pay or reimburse Lessor hereunder (including without limitation, Premises Taxes and Premises Insurance Premiums and repair and maintenance cost reimbursements) and all interest and charges (including late charges) that may accrue thereon upon Lessee’s failure to pay the same and all damages, and any costs and expenses which Lessor may incur by reason of any default by Lessee shall be deemed to be additional rent hereunder.


More Definitions of Premises Taxes

Premises Taxes see Article 5.7.
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Premises Taxes. As used herein, the term “Premises Taxes” are any or all of the following taxes, levied and assessed against the Premises during any tax fiscal year: general, special, ordinary, extraordinary, supplemental real property and improvement taxes, any form of assessment, re-assessment, license fee, license tax, business license tax, commercial rental tax, in-lieu tax, levy, charge, penalty sewer or water charges (hook-up or otherwise) or similar imposition however imposed by any authority having the direct power to tax, including any city, county, state or federal government, or any school, agricultural, lighting, drainage or other improvement or special assessment district thereof, or any agency or public body, as against any legal or equitable interest of Landlord or Tenant in the Premises and/or the Project including, but not limited to:
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Related to Premises Taxes

  • domestic premises means any premises used wholly or partly as a dwelling or intended for such use;

  • Real Property Taxes shall also include any tax, fee, levy, assessment or charge, or any increase therein, imposed by reason of events occurring, or changes in Applicable Law taking effect, during the term of this Lease, including but not limited to a change in the ownership of the Industrial Center or in the improvements thereon, the execution of this Lease, or any modification, amendment or transfer thereof, and whether or not contemplated by the Parties.

  • Tax Expenses means all federal, state, county, or local governmental or municipal taxes, fees, charges or other impositions of every kind and nature, whether general, special, ordinary or extraordinary, (including, without limitation, real estate taxes, general and special assessments, transit taxes, leasehold taxes or taxes based upon the receipt of rent, including gross receipts or sales taxes applicable to the receipt of rent, unless required to be paid by Tenant, personal property taxes imposed upon the fixtures, machinery, equipment, apparatus, systems and equipment, appurtenances, furniture and other personal property used in connection with the Project, or any portion thereof), which shall be paid or accrued during any Expense Year (without regard to any different fiscal year used by such governmental or municipal authority) because of or in connection with the ownership, leasing and operation of the Project, or any portion thereof.

  • Authority’s Premises means any premises occupied by or under the control of the Authority where the Services are to be supplied, as set out in the Specification.

  • Personal Property Taxes All personal property taxes imposed on the furniture, furnishings or other items of personal property located on, and used in connection with, the operation of the Leased Improvements as a hotel (other than Inventory and other personal property owned by the Lessee), together with all replacements, modifications, alterations and additions thereto.