Betterment Assessments. SELLER represents that the Property is / is not subject to a betterment assessment. If the Property is subject to a betterment assessment, the SELLER agrees to pay the total outstanding betterment assessment at the closing / BUYER agrees to purchase the Property subject to, and assumes the payment of the betterment assessment.
Betterment Assessments. Tenant shall pay, directly to the authority charged with the collection thereof, each installment of all public, special or betterment assessment levied or assessed by or becoming payable to any municipality or other governmental authority having jurisdiction of the Premises, for or in respect of the Premises for each installment period partially or wholly included in the Term, all such payments to be made not less than five (5) days prior to the last date on which the same may be made without interest or penalty; provided, however, that Tenant shall not be required to pay any such assessment resulting from work done by the municipality or other governmental authority which is set forth in EXHIBIT C (including Tenant's Plans incorporated into EXHIBIT C pursuant to Section 3.1) as Improvement Work and provided also that for any fraction of an installment period included in the Term at the end thereof, Tenant shall pay to Landlord, within ten (10) days after receipt of invoice therefor, the fraction of such installment allocable to such included period. Tenant shall promptly after payment thereof furnish to Landlord reasonable evidence of each such payment. Without postponing the foregoing payments, Tenant may prosecute appropriate proceedings to contest the validity or amount of any assessment with respect to which Tenant is required to make payments as hereinbefore provided, such proceedings to be conducted jointly with any other parties, including Landlord, who have contributed to the payment of such assessments, and Tenant agrees to save Landlord harmless from all costs and expenses incurred on account of Tenant's participation in such proceedings. Landlord, without obligating itself to incur any costs or expenses in connection faith such proceedings, shall cooperate with Tenant with respect to such proceedings so far as reasonably necessary. Landlord shall promptly furnish to Tenant a copy of any notice of any public, special or betterment assessment received by Landlord concerning the Premises. Any refunds received on account of any assessment paid by Tenant shall belong to Tenant.
Betterment Assessments. Any assessments levied or imposed against the Premises as a consequence of a public improvement made or constructed by a governmental entity after the Commencement Date may, at Tenant's election, be paid in installments if permitted by such governmental entity. Tenant shall be responsible for, and obligated to pay, only the installment amounts which are due during the term of this Lease.
Betterment Assessments. 13 4.2.3 Tax Expense Fund Payments .................................... 13 4.2.4 Operating Expenses ........................................... 13 4.2.5 Operating Expense Fund Payments .............................. 13 4.2.6 Annual Expense Statements .................................... 14 4.2.7 Records ...................................................... 14 4.2.8 Insurance .................................................... 15 4.2.9 Form of Policies ............................................. 15 4.2.10 Tenant's Contractor's Insurance ............................. 16 4.2.11 Increase in Premiums ........................................ 16 4.2.12 Tenant's Additional Insurance ............................... 16 4.2.13 Landlord's Insurance ........................................ 16 4.2.14
Betterment Assessments. Tenant shall pay Tenant's Percentage of all public, special or betterment assessments hereafter levied or assessed by or becoming payable to any municipality or other governmental authority having jurisdiction of the Land, for or in respect of the Land or Building for each period partially or wholly included in the Term; provided that Landlord shall exercise any available election to pay such assessment in installments, such that Tenant's aforesaid obligation shall apply only to each installment period partially or wholly included within the Term. Landlord shall promptly furnish to Tenant a copy of any notice of any public, special or betterment assessment received by Landlord concerning the Land or Building.
Betterment Assessments. Tenant shall pay the Tenant’s Pro Rata Share of each installment of all public, special or betterment assessments levied or assessed by or becoming payable to any municipality or other governmental authority having jurisdiction over the Property (including any interest charged and paid because Landlord elected to pay the same in installments), for or in respect of them for each installment period partially or wholly included in the Term; provided in the case of each respective assessment that Landlord shall be deemed to have elected to pay such assessment in installments over the longest period permitted by law. Landlord shall promptly furnish to Tenant a copy of any notice of any public, special or betterment assessment received by Landlord concerning the Property.
Betterment Assessments. Tenant shall pay to Landlord each installment ----------------------- of all public, special or betterment assessments first levied or assessed by or becoming payable to any municipality or other governmental authority having jurisdiction of the Property after the Commencement Date, for or in respect of the Property for each installment period partially or wholly included in the term, such payments to be made to Landlord in the manner provided in Subsection 4.2.3 of this Section 4.2. For any fraction of an installment period included in the term at the beginning or end thereof, Tenant shall pay to Landlord the fraction of such installment allocable to such included period. Tenant may prosecute appropriate proceedings to contest the validity or amount of any assessment with respect to which Tenant is required to make payments as hereinbefore provided, such proceedings to be conducted jointly with any other parties, including Landlord, who have contributed to the payment of such assessments, and Xxxxxx agrees to save Landlord harmless from all costs and expenses incurred on account of Xxxxxx's participation in such proceedings. Landlord, without obligating itself to incur any costs or expenses in connection with such proceedings, shall cooperate with Tenant with respect to such proceedings so far as reasonably necessary. Landlord shall promptly furnish to Tenant a copy of any notice of public, special or betterment assessment received by Landlord concerning the Property.
Betterment Assessments. Real Estate Taxes shall include each installment ---------------------- of all public, special or betterment assessments levied or assessed by or becoming payable to any municipality or other governmental authority having jurisdiction of the Property, for each installment period wholly included in the Term; provided that Landlord shall have elected to pay such assessment in installments over the longest period permitted by law.
Betterment Assessments. Tenant shall pay each installment of all ---------------------- public, special or betterment assessments levied or assessed by or becoming payable to any municipality or other governmental authority having jurisdiction of the Premises, for or in respect of the Premises for each installment period partially or wholly included in the term, such payments to be made to Landlord in the manner provided in Subsection 4.3.3 of the Section 4.3. For any fraction of an installment period included in the term at the beginning or end thereof, Tenant shall pay to Landlord the fraction of such installment allocable to such included period. Tenant's obligations with respect to betterment assessments shall apply only to the extent an installment period would be partially or wholly included in the term if the assessment were paid over the longest period permitted by law. Such obligation shall be deemed to survive expiration or termination of the Lease. Tenant shall have the same rights regarding abatement of betterments as are provided in Subsection 4.3.1 with respect to real estate taxes.
Betterment Assessments. Tenant shall pay the Tenant’s Pro Rata Share of each installment of all public, special or betterment assessments levied or assessed by or becoming payable to any municipality or other governmental authority having jurisdiction over the Property (including any interest charged because Landlord elected to pay the same in installments), for or in respect of each installment period partially or wholly included in the Term. Landlord shall promptly furnish to Tenant a copy of any notice of any public, special or betterment assessment received by Landlord concerning the Property.
