Common use of All Taxes Clause in Contracts

All Taxes. For purposes hereof, the term "Taxes" shall mean (i) all taxes, assessments, and other governmental charges, applicable to or assessed against the Property or any portion thereof, or applicable to or assessed against Landlord's personal property used in connection therewith, whether federal, state, county, or municipal and whether assessed by taxing districts or authorities presently taxing the Property or the operation thereof or by other taxing authorities subsequently created, or otherwise, and any other taxes and assessments attributable to or assessed against all or any part of the Property or its operation, and (ii) any reasonable expenses, including fees and disbursements of attorneys, tax consultants, arbitrators, appraisers, experts and other witnesses, incurred by Landlord in contesting any taxes or the assessed valuation of all or any part of the Property. If at any time during the Term there shall be levied, assessed, or imposed on Landlord or all or any part of the Property by any governmental entity any general or special ad valorem or other charge or tax directly upon rents received under leases, or if any fee, tax, assessment, or other charge is imposed which is measured by or based, in whole or in part, upon such rents, or if any charge or tax is made based directly or indirectly upon the transactions represented by leases or the occupancy or use of the Property or any portion thereof, such taxes, fees, assessments or other charges shall be deemed to be Taxes; provided, however, that any (i) franchise, corporation, income or net profits tax, unless substituted for real estate taxes or imposed as additional charges in connection with the ownership of the Property, which may be assessed against Landlord or the Property or both, (ii) transfer taxes assessed against Landlord or the Property or both, (iii) penalties or interest on any late payments of Landlord, and (iv) personal property taxes of Tenant or other tenants in the Property shall be excluded from Taxes. If any or all of the Taxes paid hereunder are by law permitted to be paid in installments, notwithstanding how Landlord pays the same, then, for purposes of calculating Operating Costs, such Taxes shall be deemed to have been divided and paid in the maximum number of installments permitted by law, and there shall be included in Operating Costs for each year only such installments as are required by law to be paid within such year, together with interest thereon and on future such installments as provided by law.

Appears in 1 contract

Samples: Agreement (National Financial Partners Corp)

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All Taxes. For purposes hereof, the term "Taxes" shall mean (i) mean, all taxes, assessments, and other governmental charges, applicable to or assessed against the Property Land on which the Building is located or any portion thereof, the Building or applicable to or assessed against Landlord's personal property used in connection therewith, whether federal, state, county, or municipal and whether assessed by taxing districts or authorities presently taxing the Property such Land or the operation thereof or by other taxing authorities subsequently created, or otherwise, and any other taxes and assessments attributable to or assessed against all or any part of the Property Land or the Building or its operationoperation or assessed as a result of any governmental required upgrades to or changes in the Land, and (ii) Building, or any other improvements located on the Land; including any reasonable expenses, including fees and disbursements of attorneys, tax consultants, arbitrators, appraisers, experts and other witnesses, incurred by Landlord in contesting any taxes or the assessed valuation of all or any part of the PropertyLand or Building. If at any time during the Term there shall be levied, assessed, or imposed on Landlord or all or any part of the Property Project constituting Allocable Project Expenses by any governmental entity any general or special ad valorem or other charge or tax directly upon rents received under leases, or if any fee, tax, assessment, or other charge is imposed which is measured by or based, in whole or in part, upon such rents, or if any charge or tax is made based directly or indirectly upon the transactions represented by leases or the occupancy or use of the Property or any portion thereofof the Project constituting Allocable Project Expenses, such taxes, fees, assessments or other charges shall be deemed to be Taxes; provided, however, that any (i1) franchise, corporation, income or net profits tax, unless substituted for real estate taxes or imposed as additional charges in connection with the ownership of any portion of the PropertyProject constituting Allocable Project Expenses, which may be assessed against Landlord or the Property Project or both, (ii2) transfer taxes assessed against Landlord or any portion of the Property Project constituting Allocable Project Expenses or both, (iii3) penalties or interest on any late payments of LandlordLandlord and, and (iv4) personal property taxes of Tenant or other tenants in any portion of the Property Project constituting Allocable Project Expenses shall be excluded from Taxes. If any or all Notwithstanding the foregoing, if a "Change of Ownership" (as such term is defined in Section 60 ET SEQ. of the California Revenue and Taxation Code) occurs, on one or more occasions, (i) from the Commencement Date through May 31, 2001, fifty percent (50%) of the amount of any increase in Taxes paid hereunder are by law permitted to be paid in installments, notwithstanding how Landlord pays the same, then, for purposes which result from a Change of calculating Operating Costs, such Taxes Ownership shall be deemed to have been divided excluded from the computation of Taxes ("Excluded Taxes") and paid (ii) from June 1, 2001 through the last day of the sixtieth (60) month of the Term, one hundred percent (100%) of the amount of any increase in the maximum number Taxes which result from a Change of installments permitted by law, and there Ownership shall be included in Operating Costs for each year only such installments as are required by law to be paid within such yearExcluded Taxes. Commencing on the beginning of the first day of the sixty-first (61st) month of the Term, together with interest thereon and on future such installments as provided by law.Tenant shall pay Tenant's Proportion of all Taxes including, without limitation, Excluded Taxes;

Appears in 1 contract

Samples: Lease Agreement (Earthlink Network Inc /De/)

All Taxes. For purposes hereof, the term "Taxes" shall mean (i) all taxes, assessments, and other governmental charges, applicable to or assessed against the Property Project or any portion thereof, or applicable to or assessed against Landlord's personal property used in connection therewiththerewith (other than that used exclusively by Landlord in the space occupied by Landlord within the Building but not including any items within the Building Management Office maintained by Landlord within the Building), whether federal, state, county, or municipal and whether assessed by taxing districts or authorities presently taxing the Property Project or the operation thereof or by other taxing authorities subsequently created, or otherwise, and any other taxes and assessments attributable to or assessed against all or any part of the Property Project or its operation, and (ii) any reasonable expenses, including fees and disbursements of attorneys, tax consultants, arbitrators, appraisers, experts and other witnesses, incurred by Landlord in contesting any taxes or the assessed valuation of all or any part of the PropertyProject. If at any time during the Term there shall be levied, assessed, or imposed on Landlord or all or any part of the Property Project by any governmental entity any general or special ad valorem or other charge or tax directly upon rents received under leases, or if any fee, tax, assessment, or other charge is imposed which is measured by or based, in whole or in part, upon such rents, or if any charge or tax is made based directly or indirectly upon the transactions represented by leases or the occupancy or use of the Property Project or any portion thereof, such taxes, fees, assessments or other charges shall be deemed to be Taxes; provided, however, that any (i) franchise, corporation, income or net profits tax, unless expressly substituted for real estate taxes or imposed as additional charges in connection with the ownership of the PropertyProject including but not limited to public parking zone taxes (PPZ), which may be assessed against Landlord or the Property Project or both, (ii) transfer taxes assessed against Landlord or the Property Project or both, (iii) penalties or interest on any late payments of Landlord, and (iv) personal property taxes of Tenant or other tenants in the Property Project shall be excluded from Taxes. If any or all of the Taxes paid hereunder are by law permitted to be paid in installments, notwithstanding how Landlord pays the same, then, for purposes of calculating Operating Costs, such Taxes shall be deemed to have been divided and paid in the maximum number of installments permitted by law, and there shall be included in Operating Costs for each year only such installments as are required by law to be paid within such year, together with interest thereon and on future such installments as provided by law.

Appears in 1 contract

Samples: Office Lease Agreement (Management Network Group Inc)

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All Taxes. For purposes hereof, the term "Taxes" shall mean (i) all taxes, assessments, and other governmental charges, applicable to or assessed against the Property Project or any portion thereof, or applicable to or assessed against Landlord's ’s personal property used in connection therewith, whether federal, state, county, or municipal and whether assessed by taxing districts or authorities presently taxing the Property Project or the operation thereof or by other taxing authorities subsequently created, or otherwise, and any other taxes and assessments attributable to or assessed against all or any part of the Property Project or its operation, and (ii) any reasonable expenses, including fees and disbursements of attorneys, tax consultants, arbitrators, appraisers, experts and other witnesses, incurred by Landlord in contesting any taxes or the assessed valuation of all or any part of the PropertyProject. If at any time during the Term there shall be levied, assessed, or imposed on Landlord or all or any part of the Property Project by any governmental entity any general or special ad valorem or other charge or tax directly upon rents received under leases, or if any fee, tax, assessment, or other charge is imposed which is measured by or based, in whole or in part, upon such rents, or if any charge or tax is made based directly or indirectly upon the transactions represented by leases or the occupancy or use of the Property Project or any portion thereof, such taxes, fees, assessments or other charges shall be deemed to be Taxes; provided, however, that any (i) franchise, corporation, income or net profits tax, unless substituted for real estate taxes or imposed as additional charges in connection with the ownership of the PropertyProject, which may be assessed against Landlord or the Property Project or both, (ii) transfer taxes assessed against Landlord or the Property Project or both, (iii) penalties or interest on any late payments of Landlord, and (iv) personal property taxes of Tenant or other tenants in the Property Project shall be excluded from Taxes. If any or all of the Taxes paid hereunder are by law permitted to be paid in installments, notwithstanding how Landlord pays the same, then, for purposes of calculating Operating Costs, such Taxes shall be deemed to have been divided and paid in the maximum number of installments permitted by law, and there shall be included in Operating Costs for each year only such installments as are required by law to be paid within such year, together with interest thereon and on future such installments as provided by law.

Appears in 1 contract

Samples: Lease Agreement (Sigmatel Inc)

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