Common use of Impositions Defined Clause in Contracts

Impositions Defined. The term "Impositions" means all taxes, assessments, use and occupancy taxes, water and sewer charges, rates and rents, charges for public utilities, excises, levies, license, franchise and permit fees, personal property taxes, ad valorem taxes and other charges by any public authority, general and special, ordinary and extraordinary, foreseen and unforeseen, of any kind and/or nature whatsoever, that are assessed, levied, charged, confirmed or imposed during the Lease Term by any public authority upon or accrue on the Premises and/or any improvements or other property thereon whether belonging to Lessor or Lessee, or accrue on the rent and income received by or for the account of Lessee from any sublessee or for any use or occupation of the Premises. The term "Impositions" shall also include all penalties, interest and other charges payable by reason of any delay or failure or refusal of Lessee to make timely payments as required hereinafter.

Impositions Defined. The term "“Impositions" ” means all taxes, assessments, use and occupancy taxes, water and sewer charges, rates and rents, charges for public utilities, excises, levies, license, franchise and permit fees, personal property taxes, ad valorem taxes and other charges by any public authority, general and special, ordinary and extraordinary, foreseen and unforeseen, of any kind and/or nature whatsoever, that are assessed, levied, charged, confirmed or imposed during the Lease Term by any public authority upon or that accrue on the Premises and/or any improvements or other property thereon whether belonging to Lessor or Lessee, or accrue on the rent and income received by or for the account of Lessee from any sublessee or for any use or occupation of the Premises. The term "Impositions" shall also include all penalties, interest and other charges payable by reason of any delay or failure or refusal of Lessee to make timely payments as required hereinafter.