Common use of Betterment Assessments Clause in Contracts

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. Tenant shall pay, directly to the authority charged with the collection thereof, each installment of all any 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 TermRent Period and, if exercised the Extension Terms, 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; providedpenalty or fifteen (15) days after Xxxxxx’s receipt of the assessments bill, howeverwhichever is later. Landlord shall promptly furnish Tenant with copies of all bills for assessments levied or assessed after the Rent Commencement Date, that Tenant and shall not be required to pay any request such assessment resulting from work done by the municipality or other governmental authority which is set forth in EXHIBIT C (including to send all bills for assessments directly to Tenant's Plans incorporated into EXHIBIT C pursuant . With respect to Section 3.1) as Improvement Work and provided also that for any fraction of an installment period included in the Term Rent Period and the Extension Terms, if exercised, at the beginning or end thereof, Tenant shall pay to Landlord, within ten fifteen (1015) days after receipt of a reasonably detailed 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 paymentspayment, 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 Xxxxxx agrees to save Landlord harmless from all costs and expenses incurred on account of Tenant's ’s participation in such proceedings. Landlord, without obligating itself to incur any costs or expenses in connection faith such proceedings, Landlord shall cooperate with Tenant with respect to such proceedings so far as reasonably necessary, at Xxxxxx’s cost and expense. 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 Tenant shall be entitled to all abatements, if any, of any assessment paid by Tenant shall belong to TenantXxxxxx during the Rent Period and, if exercised, the Extension Terms.

Betterment Assessments. Tenant shall pay, directly pay to the authority charged with the collection thereof, Landlord Tenant's Share of each installment of all any 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 TermInitial Term and, if exercised, the Extension Terms, all such payments to be made not less than five ten (510) 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 Initial Term and Extension Terms, if exercised, at the beginning or end thereof, Tenant shall pay to LandlordLandlord the fraction of such installment allocable to such included period, which payment shall be due within ten (10) days after receipt of invoice therefor, the but, with respect to a payment on account of a fraction of an installment period at the beginning of the Initial Term, such installment allocable payment shall not be due prior to ten (10) days before such included periodpayment may be made without interest or penalty. Landlord shall elect to pay any such assessment in installments over the longest period permitted by law; provided that if such longest period is not at least (20) years, then Tenant shall promptly after payment thereof furnish only be obligated to pay Tenant's Share based upon one twentieth of such assessment for each year of the Term, beginning with the date the assessment is levied (unless the improvement which is the basis for the assessment has a useful life of less than twenty (20) years) and Landlord reasonable evidence of each such paymentshall be obligated to pay any difference. 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 reasonable costs and reasonable expenses to the extent 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, Landlord 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.landlord 16

Betterment Assessments. Tenant shall pay, directly to the authority charged with the collection thereof, each installment of all any 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 TermRent Period and, if exercised the Extension Terms, 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; providedpenalty or fifteen (15) days after Xxxxxx’s receipt of the assessments bill, howeverwhichever is later. Landlord shall promptly furnish Tenant with copies of all bills for assessments levied or assessed after the Rent Commencement Date, that Tenant and shall not be required to pay any request such assessment resulting from work done by the municipality or other governmental authority which is set forth in EXHIBIT C (including to send all bills for assessments directly to Tenant's Plans incorporated into EXHIBIT C pursuant . With respect to Section 3.1) as Improvement Work and provided also that for any fraction of an installment period included in the Term Rent Period and the Extension Terms, if exercised, at the beginning or end thereof, Tenant shall pay to Landlord, within ten fifteen (1015) days after receipt of a reasonably detailed 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 paymentspayment, 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 Xxxxxx agrees to save Landlord harmless from all costs and expenses incurred on account of Tenant's ’s participation in such proceedings. Landlord, without obligating itself to incur any costs or expenses in connection faith such proceedings, Landlord shall cooperate with Tenant with respect to such proceedings so far as reasonably necessary, at Xxxxxx’s cost and expense. 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 Tenant shall be entitled to all abatements, if any, of any assessment paid by Tenant shall belong to TenantXxxxxx during the Rent Period and, if exercised the Extension Terms.