Common use of Payment by Tenant Clause in Contracts

Payment by Tenant. Tenant shall pay as additional rent for the Leased Premises, all taxes and assessments, general and special, water rates and all other impositions, ordinary and extraordinary, of every kind and nature whatsoever, which may be levied, assessed or imposed upon the Leased Premises, or any part thereof, or upon any improvements at any time situated thereon, accruing or becoming due and payable during the term of the Lease including without limitation any assessment of common area costs by any association of owners of property in the complex or industrial park of which the Real Estate is a part, if applicable, and including fees and costs incurred by Landlord for the purpose of contesting or protesting tax assessments or rates to the extent that such fees and costs relate to savings realized during the term of the Lease and any extensions or renewals thereof. (“Impositions”); provided, however, that the general taxes levied against the Leased Premises shall be prorated between Landlord and Tenant as of the Commencement Date for the first year of the Lease term and prorated and payable as of the expiration date of the Lease term for the last year of the Lease term (on the basis of Landlord’s reasonable estimate thereof). Tenant may take the benefit of the provisions of any statute or ordinance permitting any assessment to be paid over a period of years, and Tenant shall be obligated to pay only those installments falling due during the term of this Lease.

Appears in 6 contracts

Samples: Combination Agreement (Fenix Parts, Inc.), Industrial Building Lease (Fenix Parts, Inc.), Combination Agreement (Fenix Parts, Inc.)

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Payment by Tenant. Tenant shall pay as additional rent Rent for the Leased Premises, all taxes and assessments, general and special, water rates and all other impositions, ordinary and extraordinary, of every kind and an nature whatsoever, which may be levied, assessed assessed, charged or imposed during the term of the Lease upon the Leased Premises, or any part thereof, or upon any improvements at any time situated thereon, accruing or becoming due and payable during the term of the Lease including without limitation limitation, any assessment of common area costs by any association of owners of property in the complex or industrial park of which the Real Estate is Leased Premises are a partpart ("Impositions"); provided, if applicablehowever, that Impositions levied against the Leased Premises shall be prorated between Landlord and including Tenant as of the as of the expiration of the Lease term for the last year of the Lease term (and shall be paid by Tenant upon such expiration based on Landlord's reasonable estimate thereof). Impositions shall also include fees and costs incurred by Landlord during or prior to the Lease term for the purpose of contesting or protesting tax assessments or rates rates, to the extent that such fees and costs relate to savings realized during the term of the Lease and any extensions or renewals extension thereof. (“Impositions”); provided, however, that the general taxes levied against the Leased Premises shall be prorated between Landlord and Tenant as of the Commencement Date for the first year of the Lease term and prorated and payable as of the expiration date of the Lease term for the last year of the Lease term (on the basis of Landlord’s reasonable estimate thereof). Tenant may take the benefit of the provisions of any statute or ordinance permitting any assessment to be paid over a period of years, and Any Tenant shall be obligated to pay only those installments falling due during all Impositions assessed with respect to the periods of time which constitute the term of this Lease.

Appears in 1 contract

Samples: Lease (Amcraft Building Products Co Inc)

Payment by Tenant. Tenant shall pay as additional rent for the Leased Premises, all taxes and assessments, general and special, water rates and all other impositions, ordinary and extraordinary, of every kind and nature whatsoever, which may be levied, assessed assessed, charged or imposed imposed, and whether accrued prior to or during the term of the Lease, upon the Leased Premises, or any part thereof, or upon any improvements at any time situated thereon, accruing or becoming due and payable during the term of the Lease including without limitation limitation, any assessment of common area costs by any association of owners of property in the complex or industrial park of which the Real Estate is Leased Premises are a part, if applicable, and including fees and costs incurred by Landlord for the purpose of contesting or protesting tax assessments or rates to the extent that such fees and costs relate to savings realized during the term of the Lease and any extensions or renewals thereof. part (“Impositions”); provided, however, that the general taxes Impositions levied against the Leased Premises shall be prorated between Landlord and Tenant as of the Commencement Date for the first year of the Lease term and prorated and payable as of the expiration date of the Lease term for the last year of the Lease term (and Tenant’s share of said final year Impositions shall be paid by Tenant upon such expiration based on the basis of Landlord’s reasonable estimate thereof, subject to reproration upon actual receipt of final tax bills, invoices, etc.). Tenant may take the benefit of the provisions of any statute or ordinance permitting any assessment to be paid over a period of years, and Tenant shall be obligated to pay only those installments falling due during the term of this Lease. Tenant acknowledges that Tenant assumes full responsibility for the prompt payment when due of all taxes, assessments and other Impositions which have accrued prior to the Commencement Date, and Tenant shall pay such taxes promptly when due.

Appears in 1 contract

Samples: Lease (Sanfilippo John B & Son Inc)

Payment by Tenant. Tenant shall pay as As additional rent for the Leased Premises, Tenant shall pay on or before the date when first due and payable or, in the event Landlord has paid the same, reimburse Landlord for all taxes and assessments, general and special, water rates and all other impositions, ordinary and extraordinary, of every kind and nature whatsoever, whatsoever which may be levied, levied or assessed or imposed with respect to the term of the Lease upon the Leased Premises, or any part thereof, or upon any improvements at any time situated thereon, accruing or becoming due and payable during the term of the Lease including without limitation any assessment of common area costs by any association of owners of property in the complex or industrial park of which the Real Estate is a part, if applicable, and including fees and costs incurred by Landlord for the purpose of contesting or protesting tax assessments or rates to the extent that such fees and costs relate to savings realized during the term of the Lease and any extensions or renewals thereof. thereon ("Impositions"); provided, however, that the general taxes Impositions levied against the Leased Premises shall be prorated between Landlord and Tenant as of the Commencement Date for the first year of the Lease term and prorated and payable as of the expiration date of the Lease term for the last year of the Lease term (on the basis of Landlord’s reasonable estimate the most recent ascertainable tax and assessment bills. Impositions shall also include fees and costs incurred by Landlord during the Lease term for the purpose of contesting or protesting tax assessments or rates, to the extent such fees and costs relate to savings realized during the term of the Lease and any extension thereof). Tenant may take the benefit of the provisions of any statute or ordinance permitting any assessment to be paid over a period of years, years and Tenant shall not be obligated responsible for any portion of such assessment with respect to pay only those installments falling due during a period after the term termination of this Lease.

Appears in 1 contract

Samples: Dt Industries Inc

Payment by Tenant. (a) Definition of Impositions. Tenant shall pay to Landlord, as additional rent for the Leased Premises, Txxxxx’s Pro Rata Share of all (i) taxes and assessments, general and special, water rates and all other impositions, ordinary and extraordinary, of every kind and nature whatsoever, which may be levied, assessed or imposed are payable during the term of this Lease upon the Leased Premises, Real Estate or any part thereof, thereof or upon any improvements at any time situated thereon, accruing or becoming due and payable during the term of the Lease including without limitation (ii) any assessment of common area costs by any association of owners of property in the complex or industrial park of which the Real Estate is a part, if applicable, part which is payable during the term of this Lease and including (iii) all fees and costs incurred by Landlord during the Lease term for the purpose of contesting or protesting tax assessments or rates to the extent that such fees and costs relate to savings realized during the term of the Lease and any extensions or renewals thereof. (“Impositions”); provided. For the purpose of determining the amount of Impositions payable by Landlord during any year, howeverthere shall be added and or credited, that as applicable, to the general taxes levied against amount of Impositions paid or payable by Landlord an amount equal to any tax abatements or comparable credits allowed to Landlord by the Leased Premises City of Columbus or other applicable governmental jurisdiction for such year. Tenant’s Pro Rata Share of such Impositions shall be prorated between Landlord and Tenant as of the Commencement Date for the first year of the Lease term Year and prorated and payable as of the expiration date of the Lease term Term for the last year of the Lease term Term (on the basis of Landlord’s reasonable estimate thereof). Tenant Landlord may take the benefit of the provisions of any statute or ordinance permitting any assessment to be paid over a period of years, and in which event Tenant shall be obligated to pay its Pro Rata Share of only those installments falling due paid during the term of this LeaseLease and any extensions thereof. There shall be excluded from Impositions all federal income taxes, state and local net income taxes, federal excess profit taxes, franchise, capital stock and federal or state estate or inheritance taxes of Landlord.

Appears in 1 contract

Samples: Industrial Lease (DSW Inc.)

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Payment by Tenant. Commencing with the Rent Commencement Date, Tenant shall pay as additional rent Rent for the Leased Premises, in the manner provided herein, all taxes and assessments, general and special, water rates and all other impositions, ordinary and extraordinary, of every kind and nature whatsoever, which may be levied, assessed assessed, charged or imposed during the term of the Lease upon the Leased Premises, or any part thereof, or upon any improvements at any time situated thereon, accruing or becoming due and payable during the term of the Lease including without limitation limitation, any assessment of common area costs by any association of owners of property in the complex or industrial park of which the Real Estate is Leased Premises are a part, if applicable, and including fees and costs incurred by Landlord for the purpose of contesting or protesting tax assessments or rates to the extent that such fees and costs relate to savings realized during the term of the Lease and any extensions or renewals thereof. part (“Impositions”); provided, however, that the general taxes Impositions levied against the Leased Premises shall be prorated between Landlord and Tenant as of the Rent Commencement Date for the first year of the Lease term and prorated and payable as of the expiration date of the Lease term for the last year of the Lease term (and shall be paid by Tenant upon such expiration based on the basis of Landlord’s reasonable estimate thereofthereof and reconciled within sixty (60) days after the final amount of Impositions is determined for such year). Tenant may take Impositions shall also include fees and costs incurred by Landlord during or prior to the Lease term for the purpose of contesting or protesting tax assessments or rates, to the extent such fees and costs do not exceed savings realized during the term of the Lease and any extension thereof. The benefit of the provisions of any statute or ordinance permitting any assessment to be paid over a period of yearsyears shall be taken, and Tenant shall be obligated to pay pay, in the manner provided below, only those installments falling due during the term of this Lease.

Appears in 1 contract

Samples: Industrial Building Lease (Coinstar Inc)

Payment by Tenant. Landlord shall pay when due and Tenant shall pay reimburse Landlord within 30 days after receipt of Landlord’s invoice as additional rent for the Leased Premises, all taxes and assessments, general and special, water rates and all other impositions, ordinary and extraordinary, of every kind and nature whatsoever, which may be levied, assessed or imposed upon the Leased Premises, or any part thereof, or upon any improvements at any time situated thereon, accruing or becoming due and payable during the term of the Lease including without limitation any assessment of common area costs by any association of owners of property in the complex or industrial park of which the Real Estate is a part, if applicable, and including fees and costs incurred by Landlord for the purpose of contesting or protesting tax assessments or rates to the extent that such fees and costs relate to savings realized during the term of the Lease and any extensions or renewals thereof. (“Impositions”); provided, however, that the general taxes levied against the Leased Premises shall be prorated between Landlord and Tenant as of the Commencement Date for the first year of the Lease term and prorated and payable as of the expiration date of the Lease term for the last year of the Lease term (on the basis of Landlord’s reasonable estimate thereof). Tenant may take the benefit of the provisions of any statute or ordinance permitting any assessment to be paid over a period of years, and Tenant shall be obligated to pay only those installments falling due during the term of this Lease.

Appears in 1 contract

Samples: Combination Agreement (Fenix Parts, Inc.)

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