Other Impositions. Tenant shall pay or cause to be paid all Impositions to the full extent of installments or amounts payable or arising during the Term, which may be legally assessed, levied, confirmed or imposed on or in respect of or be a lien upon the Premises, any of the improvements or personal property now or hereafter located thereon, the leasehold estate created hereby, or any subleasehold estate permitted hereunder, including any taxable possessory interest which Tenant, or any subtenant or any other person may have acquired pursuant to this Lease. Tenant shall pay all Impositions directly to the taxing authority, prior to delinquency, provided that if any applicable Law permits Tenant to pay any such Imposition in installments, Tenant may elect to do so in which event only those installments that are due and payable prior to the expiration or earlier termination of the Lease shall be payable by Tenant. In addition, Tenant shall pay any fine, penalty, interest or cost as may be assessed for nonpayment or delinquent payment of any such Imposition. Impositions shall include all such taxes, assessments, fees and other charges whether general or special, ordinary or extraordinary, foreseen or unforeseen, or hereinafter levied or assessed in lieu of or in substitution of any of the foregoing of every character. The foregoing or subsequent provisions notwithstanding, Tenant shall not be responsible for any Impositions arising from or related to, the Authority’s interest as landlord under this Lease.
Appears in 2 contracts
Sources: Marina Lease, Lease Agreement
Other Impositions. Without limiting the provisions of Section 5.1.1 (Possessory Interest Taxes). Tenant shall pay or cause to be paid all Impositions other Impositions, to the full extent of installments or amounts payable or arising during the TermTerm , which may be legally assessed, levied, confirmed or imposed on or in respect of or be a lien upon the Premises, any of the improvements or personal property Improvements now or hereafter located thereon, any Personal Property now or hereafter located thereon (but excluding the personal property of any Subtenant whose interest is separately assessed), the leasehold estate created hereby, hereby or any subleasehold sub-leasehold estate permitted hereunder, including any taxable possessory interest which Tenant, or any subtenant Subtenant or any other person Person may have acquired pursuant to this LeaseLease (but excluding any such Impositions separately assessed, levied or imposed on any Subtenant). Subject to the provisions of Article 6 (Compliance with Laws), Tenant shall pay all Impositions directly to the taxing authority, prior to delinquency, provided that if any applicable Law permits Tenant to pay any such Imposition in installments, Tenant may elect to do so in which event only those installments that are due and payable prior to the expiration or earlier termination of the Lease shall be payable by Tenantso. In addition, Tenant shall pay any fine, penalty, interest or cost as may be assessed for nonpayment or delinquent payment of any such Imposition. Impositions Tenant shall include all such taxeshave the right to contest the validity, assessments, fees and other charges whether general applicability or special, ordinary or extraordinary, foreseen or unforeseen, or hereinafter levied or assessed in lieu of or in substitution amount of any Imposition in accordance with Section 5.3 (Right of the foregoing of every character. The foregoing or subsequent provisions notwithstanding, Tenant shall not be responsible for any to Contest Impositions arising from or related to, the Authority’s interest as landlord under this Leaseand Liens).
Appears in 1 contract
Sources: Ground Lease