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 Act, or any regulations promulgated thereunder, or imposed by any other 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 Project including the Premises, Building, Common Area and/or Parcel; provided, however, that in no event shall Project Taxes or other taxes for which Lessee is responsible pursuant to Article 7.c. below include any charge or cost relating to remediation of Hazardous Materials...
Project Taxes means those Taxes attributable to the value of the Land.
Project Taxes shall have the meaning set forth in Section 2.1.17(b) hereof.
Examples of Project Taxes in a sentence
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.
Annually, Landlord shall furnish to Tenant a report setting forth in reasonable detail the Project Operating Costs, Building Operating Costs, Project Insurance Costs, Building Insurance Costs, Project Taxes and Building Taxes for the immediately preceding calendar year (in the case of Operating Costs and Insurance Costs) or Tax Fiscal Year (in the case of Taxes).
Project Taxes are for the account of the Owner, and Owner agrees to pay any such tax directly to the applicable governmental authorities (or, if applicable, to reimburse Contractor outside of the Contract Price for any such Project Taxes paid by Contractor directly to the applicable governmental authorities) within thirty (30) days after receipt of appropriate supporting documentation and Contractor's Payment Request.
Contractor shall use all reasonable efforts to efficiently manage its provision of the Services and other work hereunder so as to minimize the incurrence of Project Taxes that are to be paid or reimbursed by Owner hereunder.
Project Taxes to be for the account of and paid by Owner shall not include taxes that Contractor should not have incurred if it had prudently performed the Services consistent with its obligation as set forth above to minimize the incurrence of Project Taxes, which taxes shall be for the account of and paid by Contractor.
More Definitions of Project Taxes
Project Taxes shall include (to the extent the same are not paid by Lessee pursuant to Article 7.c. below), without limitation: the cost to Lessor of contesting the amount or validity or applicability of any Project Taxes described above; and all taxes, assessments, levies, fees, impositions or charges levied, imposed, assessed, measured, or based in any manner whatsoever upon or with respect to the use, possession, occupancy, leasing, operation or management of the Project (including, without limitation, the Premises, Building, Common Area and/or Parcel) or in lieu of or equivalent to any Project Taxes set forth in this article 7.b.
Project Taxes means all Taxes payable or to be payable by the Borrower.
Project Taxes means the regularly assessed real estate tax of the municipality in which the Project is located and any other tax or use charge imposed upon the Project or its operation, such as, without limitation: a sewer assessment or use charge; a fire district tax, and/or a special taxing district tax. Project Taxes does not include any personal property tax imposed upon the personal property or any tenant or any other tax which may be imposed directly upon a tenant rather than the Project or its owner generally.
Project Taxes shall have the meaning in Section 4.2.
Project Taxes shall have the meaning given to such term in Section 3.6.
Project Taxes shall include (to the extent the same are not paid by Lessee pursuant to Article 7.c. below), without limitation: the cost to Lessor of contesting the amount or validity or applicability of any Project Taxes described above; and all taxes, assessments, levies, fees, impositions or charges levied, imposed, assessed, measured, or based in any manner whatsoever upon or with respect to the use, possession, occupancy, leasing, operation or management of the Project including the Premises, Building, Common Area and/or Parcel or in lieu of or equivalent to any Project Taxes set forth in this Article 7.b.(ii). The portion of Project Taxes allocable to the Building shall be such Project Taxes as are attributable to the Project, including the Premises and the Building in which the Premises are located, together with a portion of the Project Taxes attributable to the Exterior Common Area, all as reasonably and in good faith determined by Lessor from time to time. Lessor shall reasonably and in good faith allocate the Project Taxes as between the Building and the Exterior Common Area; provided, however, that if the Parcel is assessed by the taxing authorities such that the Building and the Exterior Common Area are assessed separately, then Lessor shall allocate the Project Taxes in accordance with such separate assessments. The Project Taxes attributable to the Exterior Common Area shall be allocated in such manner as is reasonably and in good faith determined by Lessor from time to time. If at any time during the Term, Project Taxes are under-assessed by the taxing authorities so that they are not computed on a fully-completed and occupied basis in accordance with the then applicable taxing authority of the governmental entities having jurisdiction, Lessor shall have the right, but not the obligation, to adjust Project Taxes to reflect the amount that Project Taxes would be if the Project were assessed on a fully-completed and occupied basis, as determined in Lessor's reasonable discretion, and such adjusted amount shall be allocated to the Project in accordance with the terms of this Lease.
Project Taxes shall include (a) all real estate taxes, possessory interest taxes, personal property taxes levied upon, measured by, or assessed to Landlord in connection with the Project other than taxes covered by Paragraph 18, and any other taxes, charges and assessments (including, without limitation, any taxes, charges or assessments for public improvements, services or benefits, transit development fees, housing funds, education funds, street highway or traffic fees, environmental charges, fees or penalties imposed as a means of controlling or abating environmental degradation or energy use (provided, however, that Project Taxes shall not include charges based on the presence of Hazardous Substances), and taxes, charges or assessments upon or measured by or for parking facilities) which are levied with respect to or in connection with the Project, and any improvements, fixtures and equipment and all other property of Landlord, real or personal, located in or around the Project and used in connection with the operation of the Project; and (b) any other tax, charge, assessment, fee or governmental imposition or charge of every kind or nature whatsoever assessed to Landlord in connection with the Project, any part thereof, or the premises (other than estate taxes, inheritance taxes, or net income taxes payable against nonrental as well as rental income) whether or not in addition to or in lieu of such real estate and possessory interest or personal property taxes, whether or not now customary or within the contemplation of the parties hereto, ordinary or extraordinary, foreseen or unforeseen, or similar or dissimilar to any of the foregoing, including by way of illustration but not limitation any and all taxes, impositions, charges, fees or assessments upon, allocable to, or measured by the area of the premises or the Project or on the rent payable hereunder or the rent payable on the premises or the Project or any portion thereof, including without limitation any gross income tax, excise tax or value added tax, levied by any governmental or quasi-governmental entity with respect to the Project, any part thereof, or such rent; and (c) the reasonable cost and expenses of contesting the amount or validity of any of the foregoing taxes. In the event that it shall not be lawful for Tenant to reimburse Landlord for Tenant's Share of any tax, as defined herein, the rent payable to Landlord under this lease shall be revised to yield to Landlord the same net rent from the pre...