Real Estate Tax Base definition

Real Estate Tax Base means the Real Estate Taxes for the one fiscal period (i.e., July 1 to June 30) of 2000/01.

Real Estate Tax Base. For each square foot of Building Rentable Area, the sum of Landlord's Real Estate Taxes for calendar year 1998, divided by the Building Rentable Area.

Real Estate Tax Base means the amount which is equal to the Real Estate Taxes for the Tax Year ending on June 30, 2015. Landlord represents that, as of the date of this Lease, there are no tax abatements or exemptions which will affect the Real Estate Tax Base.

Examples of Real Estate Tax Base in a sentence

• If the Real Estate Taxes for that Tax Year are not based upon a Full Assessment of the Property, then the Real Estate Tax Base shall be the Unadjusted Real Estate Taxes for the Property for the first full Tax Year for which the Real Estate Taxes are based upon a Full Assessment.

• Purpose: This paragraph provides for adjustment in the rent (tax adjustment) to account for increases or decreases in Real Estate Taxes for the Property after the establishment of the Real Estate Tax Base, as those terms are defined herein.

• Alternatively, the Real Estate Tax Base may be an amount negotiated by the parties that reflects an agreed upon base for a Fully Assessed value of the Property.

• Real Estate Tax Base is the unadjusted Real Estate Taxes for the first full Tax Year following the commencement of the Lease term.

• This paragraph provides for adjustment in the rent ("Tax Adjustment") to account for increases or decreases in Real Estate Taxes for the Property after the establishment of the Real Estate Tax Base, as those terms are defined herein.

More Definitions of Real Estate Tax Base

Real Estate Tax Base means the amount which is equal to one-half (1/2) of the sum of the Real Estate Taxes for the Tax Year ending on June 30, 2009 and the Real Estate Taxes for the Tax Year ending on June 30, 2 010.

Real Estate Tax Base means the dollar amount of real estate tax payable with respect to the Real Estate for calendar year 2001, determined by multiplying the Assessed Valuation by the Base Tax Rate.

Real Estate Tax Base means the sum which is equal to the Real Estate Taxes for the Tax Year ending on June 30, 2009.

Real Estate Tax Base means the amount determined by multiplying the Assessed Valuation by the Base Tax Rate;

Real Estate Tax Base means the dollar amount of real estate tax payable with respect to the Real Estate on an annual basis, determined by multiplying the Assessed Valuation by the Base Tax Rate plus any charges or assessments imposed upon the Real Estate which are reasonably anticipated to continue thereafter (it being understood that the Real Estate Tax Base shall not include any real estate tax which may be imposed on the building value (as opposed to the land value) of Building 400 or Building 500 (if and when such building is constructed).

Real Estate Tax Base is changed from Fiscal Year Ending March 31, 2020 to Fiscal Year Ending March 31, 2023, with the monthly payments per Section 4.2 commencing April 1, 2023.

Real Estate Tax Base means the amount which is equal to the Real Estate Taxes for the Tax Year ending on June 30, 2015. Landlordrepresents that, as of the date of this Lease, there are no tax abatements or exemptions which will affect the Real Estate Tax Base.