Common use of 11B Clause in Contracts

11B. Tenant's Tax Escalation: Taxes for any Tax Fiscal Year minus the Tax ----------------------- Base; payable monthly (when base exceeded) in equal installments. "Tax --- Base" means Taxes for the Base Tax Fiscal Year. ----

Appears in 2 contracts

Sources: Office Lease (Smarterkids Com Inc), Office Lease (Learningstar Inc)