Real Property Taxes and Assessments definition

Real Property Taxes and Assessments means: any form of assessment, license fee, license tax, business license fee, commercial rental tax, levy, charge, improvement bond, tax, water and sewer rents and charges, utilities and communications taxes and charges or similar or dissimilar imposition 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 other governmental charge, general and special, ordinary and extraordinary, foreseen and unforeseen, which may be assessed against any legal or equitable interest of Landlord in the Premises, Building, Common Areas, Site or Project, including the following by way of illustration but not limitation:
Real Property Taxes and Assessments means: any form of assessment, license fee, license tax, business license fee, commercial rental tax, levy, charge, improvement bond, tax or similar imposition 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, as against any legal or equitable interest of Landlord in the Project, including the following by way of illustration but not limitation:
Real Property Taxes and Assessments means: all real property taxes and general, special or district assessments or other governmental impositions, of whatever kind, nature or origin, imposed on or by reason of the ownership or use of the Premises; governmental charges, fees or assessments for transit or traffic mitigation (including area-wide traffic improvement assessments and transportation system management fees), housing, police, fire or other governmental service or purported benefits to the Premises; taxes levied against the rents in use of or in addition to taxes levied against the Premises; personal property taxes assessed on the personal property of Landlord or Tenant used in the operation of the Premises; service payments in lieu of taxes and taxes and assessments of every kind and nature whatsoever levied or assessed in addition to, in lieu of or in substitution for existing or additional real or personal property taxes on the Premises or the personal property described above; any increases or decreases in the foregoing caused by changes in assessed valuation, tax rate or other factors or circumstances; and the reasonable cost of contesting by appropriate proceedings the amount or validity of any taxes, assessments or charges described above (provided that Tenant receives its share (based on the period of its tenancy) of any refund plus its share of any interest awarded by the taxing authority). Notwithstanding the foregoing provisions of this Section 4.4 above to the contrary, Real Property Taxes and Assessments shall not include Landlord’s federal or state income, franchise, inheritance or estate taxes, and shall be paid as Additional Rent in accordance with Section 3.2.

Examples of Real Property Taxes and Assessments in a sentence

  • All Real Property Taxes and Assessments shall be adjusted to reflect an assumption that the Building is fully assessed for real property tax purposes as a completed building(s) ready for occupancy.

  • For budget items funded by property taxes through the General Fund (A & B funds), select "Real Property Taxes and Assessments".

  • Real Property Taxes and Assessments, if any, shall be made on the basis of the current year's tax with due exemptions, if allowed for the said year.

  • The Bidder must provide resumes for all key personnel who will be involved in providing the goods and/or services contemplated by this solicitation.

  • All Real Property Taxes and Assessments shall be adjusted to reflect an assumption that the Building is fully assessed for real property tax purposes as a completed building ready for occupancy.


More Definitions of Real Property Taxes and Assessments

Real Property Taxes and Assessments means only the taxes and assessments imposed by municipal, county, state and district governmental authorities (as distinguished from federal governmental authorities) against the owners of real property, which are measured by the value or gross revenues of the subject property separate from any other property owned by Landlord. Landlord estimates the Real Property Taxes and Assessments relating to the Premises for the first (1st) Lease Year (excluding any reassessment resulting from Tenant's Work) will be approximately $26,500, based upon the 1995-1996 real estate tax xxxx for the tax lot affecting the Premises which Tenant acknowledges it has received and reviewed. Real Property Taxes and Assessments shall be prorated, if necessary, based on a three hundred sixty-five (365) day year to take into account any partial tax year in which the Rent Commencement Date and the expiration of the lease Term occur. The term Real Property Taxes and Assessments shall also include any tax or excise on rent or other taxes payable by Landlord on account of or measured by the rentals and/or other charges payable under this Lease. If under the laws of the State of California, or any political subdivision thereof, at any time during the term of the Lease, the methods of taxation shall be altered so as to impose in lieu of current methods for the assessment and taxation of real property, in whole or in part, taxes based on other standards, or in lieu of any increase therein, such tax shall be included within the Real Property Taxes and Assessments to be paid by Tenant for the purposes of this Lease. Nothing contained in this Lease, however, shall be deemed or construed to include within Real Property Taxes and Assessments: (i) any transfer, documentary or stamp tax; (ii) any tax upon the income, profits or business of Landlord (except to the extent same are in lieu of Real Property Taxes and Assessments); or (iii) any personal property taxes, payroll taxes, capital levy, or franchise taxes or inheritance or estate taxes, even though such taxes may become a lien against the Premises, the Shopping Center or Landlord.
Real Property Taxes and Assessments means: any form of assessment, license fee, license tax, business license fee, commercial rental tax, levy, charge, improvement bond, tax or similar imposition 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, as against any legal or equitable interest of Landlord in the Premises, Building. Common Areas or Site, including the following by way of illustration but not limitation:
Real Property Taxes and Assessments shall include all costs and fees including consultant's and similar fees incurred by Landlord in contesting or defending taxes and assessments or negotiating with public authorities. A copy of Landlord's tax bill shall be conclusive xxxdence of the amount of Real Property Taxes and Assessments assessed or levied.
Real Property Taxes and Assessments means: any form of assessment, license fee, gross receipts or rental receipts tax, license tax, business license fee, commercial rental tax, levy, charge, improvement bond, tax, water, pure water and sewer rents and charges, utilities and communications taxes and charges, ad valorem taxes, personal property taxes, embellishments, use and occupancy taxes, transit taxes, excises and similar or dissimilar impositions 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 presently in existence or by others subsequently created, or any other governmental charge, general and special, ordinary and extraordinary, foreseen and unforeseen, which may be assessed against (or constitute a lien on) the Project or any part thereof or the facilities used in connection therewith or against any legal or equitable interest of Landlord in the foregoing, and any costs and expenses of contesting the validity of the same (which costs and expenses shall be included in Real Property Taxes and Assessments for the Lease Year in which paid), including the following by way of illustration but not limitation:
Real Property Taxes and Assessments means: any form of assessment, license fee, license tax, business license fee, commercial rental tax, levy, charge, improvement bond, tax or similar imposition 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, as against any legal or equitable interest of Landlord in the Premises, Buildings, Common Areas or the Development (as such terms are defined in the Lease), including the following by way of illustration but not limitation: (i) any tax on Landlord's "right" to rent or "right" to other income from the Premises or as against Landlord's business of leasing the Premises; (ii) any assessment, tax, fee, levy or charge in substitution, partially or totally, of any assessment, tax, fee, levy or charge previously included within the definition of real property tax, it being acknowledged by Tenant and Landlord that Proposition 13 was adopted by the voters of the State of California in the June, 1978 election and that assessments, taxes, fees, levies and charges may be imposed by governmental agencies for such services as fire protection, street, sidewalk and road maintenance, refuse removal and for other governmental services formerly provided without charge to property owners or occupants (it being the intention of Tenant and Landlord that all such new and increased assessments, taxes, fees, levies and charges be included within the definition of "real property taxes" for the purposes of this Lease); (iii) any assessment, tax, fee, levy or charge allocable to or measured by the area of the Premises or other premises in the Development or the rent payable by Tenant hereunder or other tenants of the Development, including, without limitation, any gross receipts tax or excise tax levied by state, city or federal government, or any political subdivision thereof, with respect to the receipt of such rent, or upon or with respect to the possession, leasing, operation, management, maintenance, alteration, repair, use or occupancy by Tenant of the Premises, or any portion thereof but not on Landlord's other operations; (iv) any assessment, tax, fee, levy or charge upon this transaction or any document to which Tenant is a party, creating or transferring an interest or an estate in the Premises; and/or (v) any assessment, tax, fee, levy or charge by any governmental agency related to any transportat...
Real Property Taxes and Assessments means: any form of assessment, license fee, license tax, business license fee, commercial rental tax, levy, charge, improvement bond, tax, water and sewer rents and charges, utilities and communications taxes and charges or similar or dissimilar imposition 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 other governmental charge, general and special, ordinary and extraordinary, foreseen and unforeseen, which is actually assessed against the Building or the Site. Notwithstanding the foregoing provisions of this Section 4.5 above to the contrary, "Real Property Taxes and Assessments" shall not include Landlord's federal or state income, franchise, inheritance or estate taxes; gift taxes; excess profit taxes; or similar taxes on Landlord's business or any taxes computed upon the basis of the income of Landlord. Any refunds for Real Property Taxes and Assessments shall be deducted therefrom in the calendar year to which the refund is applicable, regardless of when such refund is received, and this obligation (and the obligation to refund Tenant such amount) shall survive the expiration or earlier termination of the Lease.
Real Property Taxes and Assessments means: any form of assessment, license fee, license tax, business license fee, commercial rental tax, levy, charge, improvement bond, tax or similar imposition 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, as against any legal or equitable interest of Landlord in the Premises, Building, Common Areas or the Development, adjusted to reflect an assumption that the Building is fully assessed for real property tax purposes as a completed building ready for occupancy, including the following by way of illustration but not limitation: