Common use of PAYMENT OF TAX INCREASE Clause in Contracts

PAYMENT OF TAX INCREASE. Lessor shall pay the real property tax, as defined in paragraph 10.3, applicable to the Premises; provided, however, that Lessee shall pay, in addition to rent, the amount, if any, by which real property taxes applicable to the Premises increase over the fiscal real estate tax year 19 19 . Such payment shall be made by Lessee within thirty (30) days after receipt of Lessor’s written statement setting forth the amount of such increase and the computation thereof. If the term of this Lease shall not expire concurrently with the expiration of the tax fiscal year, Lessee’s liability for increased taxes for the last partial lease year shall be prorated on an annual basis.

Appears in 2 contracts

Samples: Patriot Motorcycle Corp, Patriot Motorcycle Corp

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PAYMENT OF TAX INCREASE. Lessor shall pay the real property tax, as defined in paragraph 10.3, applicable to the Premises; provided, however, that Lessee shall pay, in addition to rent, the amount, if any, by which real property taxes applicable to the Premises increase over the fiscal real estate tax year 19 19 1990-1991. Such payment shall be made by Lessee within thirty (30) days after receipt of Lessor’s 's written statement setting forth the amount of such increase and the computation thereof. If the term of this Lease shall not expire concurrently with the expiration of the tax fiscal year, Lessee’s 's liability for increased taxes for the last partial lease year shall be prorated on an annual basis.

Appears in 2 contracts

Samples: Park Electrochemical Corp, Park Electrochemical Corp

PAYMENT OF TAX INCREASE. Lessor shall pay the real property tax, as defined in paragraph 10.3, Paragraph 10.3 applicable to the Premises; provided, however, that Lessee shall pay, in addition to rent, the amount, if any, by which real property taxes applicable to the Premises increase increased over the fiscal real estate tax year 19 19 2002/2003 . Such payment shall be made by Lessee within thirty Thirty (30) days after receipt of Lessor’s 's written statement setting forth the amount of such increase and the computation thereof. If the term of this Lease shall not expire concurrently with the expiration of the tax fiscal year, Lessee’s 's liability for increased taxes for the last partial lease year shall be prorated on an annual basis.

Appears in 2 contracts

Samples: Gardens Office Building Lease Agreement (Advanced Media Inc), Assignment of Lease Agreement (Progressive Training, Inc.)

PAYMENT OF TAX INCREASE. Lessor shall pay the all real property tax, as defined in paragraph 10.3, taxes applicable to the Premises; provided, however, that Lessee shall pay, in addition to rent, the amount, if any, by which real property taxes applicable to the Premises increase over the fiscal real estate tax year 19 19 1995 - 1996. Such payment shall be made by Lessee within thirty (30) days after receipt of Lessor’s 's written statement setting forth the amount of such increase and the computation thereof. If the term of this Lease shall not expire concurrently with the expiration of the tax fiscal year, Lessee’s 's liability for increased taxes for the last partial lease year shall be prorated on an annual basis.*

Appears in 1 contract

Samples: Industrial Lease (Organic Food Products Inc)

PAYMENT OF TAX INCREASE. Lessor shall pay the all real property tax, as defined in paragraph 10.3, taxes applicable to the Premises; provided, however, that Lessee shall pay, in addition to rent, the amount, if any, by which real property taxes applicable to the Premises increase over the fiscal real estate tax taxes paid for calendar year 19 19 1988. Such payment shall be made by Lessee to Lessor within thirty (30) days after receipt of Lessor’s 's written statement setting forth the amount of such increase and the computation thereof. If the term of this Lease shall not expire concurrently with the expiration of the tax fiscal year, Lessee’s 's liability for increased taxes for the last partial lease year shall be prorated on an annual basisbasis and shall survive the expiration of this Lease.

Appears in 1 contract

Samples: Printpack Inc

PAYMENT OF TAX INCREASE. Lessor shall pay the all real property tax, as defined in paragraph 10.3, taxes applicable to the Premisespremises; provided, however, that Lessee shall pay, in addition to rent, the amount, if any, by which real property taxes applicable to the Premises increase over the fiscal real estate tax year 19 19 19__ 19__. Such payment shall be made by Lessee within thirty (30) days after receipt of Lessor’s 's written statement setting forth the amount of such increase and the computation thereofhereof. If the term of this Lease shall not expire concurrently with the expiration of the tax fiscal year, Lessee’s 's liability for increased taxes for the last partial lease year shall be prorated on an annual basis.

Appears in 1 contract

Samples: Rosetta Inpharmatics Inc

PAYMENT OF TAX INCREASE. Lessor shall pay the real property tax, as defined in paragraph 10.3, applicable to the Premises; , provided, however, that Lessee shall pay, in addition to rent, the amount, if any, by which real property taxes applicable to the Premises increase over the fiscal real estate tax year 19 19 1992-1993. Such payment shall be made by Lessee within thirty (30) days after receipt of Lessor’s 's written statement setting forth the amount of such increase and the computation thereof. If the term of this Lease shall not expire concurrently with the expiration of the tax fiscal year, Lessee’s 's liability for increased taxes for the last partial lease year shall be prorated on an annual basis.

Appears in 1 contract

Samples: Transgenomic Inc

PAYMENT OF TAX INCREASE. Lessor shall pay the real property tax, as defined in paragraph 10.3, applicable to the Premises; Premises provided, however, that Lessee shall pay, pay in addition to rent, the amount, if any, by which real property taxes applicable to the Premises increase over the fiscal real estate tax year 19 19 1996, 1997. Such payment shall be made by Lessee within thirty (30) days after receipt of Lessor’s 's written statement setting forth the amount of such increase and the computation thereof. If the term of this Lease shall not expire concurrently with the expiration of the tax fiscal year, Lessee’s 's liability for increased taxes for the last partial lease year shall be prorated on an annual basis.

Appears in 1 contract

Samples: Synthonics Technologies Inc

PAYMENT OF TAX INCREASE. Lessor shall pay the all real property tax, as defined in paragraph 10.3, taxes applicable to the Premises; provided, however, that Lessee shall pay, in addition to rent, the amount, if any, by which real property taxes applicable to the Premises premises increase over the fiscal real estate tax year 19 19 2001. Such payment payments shall be made by Lessee within thirty Thirty (30) days after receipt of Lessor’s 's written statement setting forth the amount of such increase and the computation thereof. If the term of this Lease shall not expire concurrently with the expiration of the tax fiscal year, Lessee’s 's liability for increased taxes for the last partial lease year shall be prorated on an annual basis.

Appears in 1 contract

Samples: Scanner Technologies Corp

PAYMENT OF TAX INCREASE. Lessor shall pay the real property tax, as defined in paragraph 10.3, applicable to the Premises; provided, however, that Lessee shall pay, in addition to rent, the amount, if any, by which real property taxes applicable to the Premises increase over the fiscal real estate tax year 19 19 1996 1997. Such payment shall be made by Lessee within thirty (30) days after receipt of Lessor’s 's written statement setting forth the amount of such increase and the computation thereof. If the term of this Lease shall not expire concurrently with the expiration of the tax fiscal year, Lessee’s Lessee s liability for increased taxes for the last partial lease year shall be prorated on an annual basis.

Appears in 1 contract

Samples: Genetronics Biomedical LTD

PAYMENT OF TAX INCREASE. Lessor shall pay the real property tax, as defined in paragraph 10.3, applicable to the Premises; Industrial Center, provided, however, that Lessee shall pay, in addition to rent, the amount, if any, by which real property taxes applicable to the Premises increase over the fiscal real estate tax year 19 19 1994-1995. Such payment shall be made by Lessee within thirty (30) days after the receipt of Lessor’s 's written statement setting forth the amount of such increase and the computation thereof. If the term of this Lease shall not expire concurrently with the expiration of the tax fiscal year, Lessee’s 's liability for increased taxes for the last partial lease year shall be prorated on an annual basis.

Appears in 1 contract

Samples: Polycom Inc

PAYMENT OF TAX INCREASE. Lessor shall pay the real property tax, as defined in paragraph 10.3, applicable to the Premises; provided, however, that Lessee shall pay, in addition to rent, the amount, if any, by which real property taxes applicable to the Premises increase over the fiscal real estate tax year 19 19 1999-2000. Such payment shall be made by Lessee within thirty (30) days after receipt of Lessor’s 's written statement setting forth the amount of such increase and the computation thereof. If It the term of this Lease shall not expire concurrently with the expiration of the tax fiscal year, Lessee’s 's liability for increased taxes for the last partial lease year shall be prorated on an annual basis.

Appears in 1 contract

Samples: Entech Environmental Technologies Inc

PAYMENT OF TAX INCREASE. Lessor shall pay the real property tax, as defined in paragraph 10.316.3, applicable to the Premises; provided, however, that Lessee shall pay, in addition to rent, the amount, if any, by which real property taxes applicable to the Premises increase over the fiscal real estate tax year 19 19 1998/1999. Such payment shall be made by Lessee within thirty (30) days after receipt of Lessor’s 's written statement setting forth the amount of such increase and the computation thereof. If the term of this Lease shall not expire concurrently with the expiration of the tax fiscal year, Lessee’s 's liability for increased taxes for the last partial lease year shall be prorated on an annual basis.

Appears in 1 contract

Samples: Duraswitch Industries Inc

PAYMENT OF TAX INCREASE. Lessor shall pay the real property tax, as defined in paragraph 10.3, applicable to the Premises; provided, however, that Lessee shall pay, in addition to rent, the amount, if any, by which real property taxes applicable to the Premises increase over the fiscal real estate tax year 19 19 9~/95. Such payment shall be made by Lessee within thirty (30) days after receipt of Lessor’s 's written statement setting forth the amount of such increase and the computation thereof. If the term of this Lease shall not expire concurrently with the expiration of the tax fiscal year, Lessee’s 's liability for increased taxes for the last partial lease year shall be prorated on an annual basis.. 10.2

Appears in 1 contract

Samples: Lease Modification (Immecor Corp)

PAYMENT OF TAX INCREASE. Lessor shall pay the real property tax, as defined in paragraph 10.3, applicable to the Premises; provided, however, that Lessee shall pay, in addition to rent, the amount, if any, by which real property taxes applicable to the Premises increase over the fiscal real estate tax year 19 19 . Such payment shall be made by Lessee within thirty (30) days after receipt of Lessor’s 's written statement setting forth the amount of such increase and the computation thereof. If the term of this Lease shall not expire concurrently with the expiration of the tax fiscal year, Lessee’s 's liability for increased taxes for the last partial lease year shall be prorated on an annual basis.

Appears in 1 contract

Samples: Unity First Acquisition Corp

PAYMENT OF TAX INCREASE. Lessor shall pay the real property tax, as defined in paragraph 10.3, applicable to the Premises; provided, however, that Lessee shall pay, in addition to rent, the amount, if any, by which real property taxes applicable to the Premises increase over the fiscal real estate tax year 19 19 1998, 1999. Such payment shall be made by Lessee within thirty (30) days after receipt of Lessor’s 's written statement setting forth the amount of such increase and the computation thereof. If if the term of this Lease shall not expire concurrently with the expiration of the tax fiscal year, Lessee’s 's liability for increased taxes for the last partial lease year shall be prorated on an annual basis.

Appears in 1 contract

Samples: Transgenomic Inc

PAYMENT OF TAX INCREASE. Lessor shall pay the real property tax, as defined in paragraph 10.3, applicable to the Premises; , provided, however, that Lessee shall pay, in addition to rent, the amount, if any, by which real property taxes applicable to the Premises increase over the fiscal real estate tax year 19 19 1990 1991. Such payment shall be made by Lessee within thirty (30) days after receipt of Lessor’s 's written statement setting forth the amount of such increase and the computation thereof. If the term of this Lease shall not expire concurrently with the expiration of the tax fiscal year, Lessee’s 's liability for increased taxes for the last partial lease year shall be prorated on an annual basis.

Appears in 1 contract

Samples: Prolong International Corp

PAYMENT OF TAX INCREASE. Lessor shall pay the real property tax, as defined in paragraph 10.3, applicable to the Premises; provided, however, that Lessee shall pay, in addition to rent, the amount, if any, by which real property taxes applicable to the Premises increase over the fiscal real estate tax year 19 19 1993-1994. Such payment shall be made by Lessee within thirty (30) days after receipt of Lessor’s 's written statement setting forth the amount of such increase and the computation thereof. If the term of this Lease shall not expire concurrently with the expiration of the tax fiscal year, Lessee’s 's liability for increased taxes for the last partial lease year shall be prorated on an annual basis.

Appears in 1 contract

Samples: Two Dog Net Inc

PAYMENT OF TAX INCREASE. Lessor shall pay the real property tax, as defined in paragraph 10.3, applicable to the Premises; provided, however, that Lessee shall pay, . in addition to rent, the amount, if any, by which real property taxes applicable to the Premises increase over the fiscal real estate tax year 19 89 19 90. Such payment shall be made by Lessee within thirty (30) days after receipt of Lessor’s 's written statement setting forth the amount of such increase and the computation thereof. If the term of this Lease shall not expire concurrently with the expiration of the tax fiscal year, Lessee’s 's liability for increased taxes for the last partial partial-lease year shall be prorated on an annual basis.. 10.2

Appears in 1 contract

Samples: Rockford Corp

PAYMENT OF TAX INCREASE. Lessor shall pay the all real property tax, as defined in paragraph 10.3, taxes applicable to the Premises; provided, however, that Lessee shall not pay, in addition to rent, the amount, if any, by which real property taxes applicable to the Premises increase over the fiscal real estate tax year 19 19 . Such payment shall be made by Lessee within thirty (30) days after receipt of Lessor’s 's written statement setting forth the amount of such increase and the computation thereof. If the term of this Lease shall not expire concurrently with the expiration of the tax fiscal year, Lessee’s 's liability for increased taxes for the last partial lease year shall be prorated on an annual basis. See Addendum Section 8.2.

Appears in 1 contract

Samples: Uti Corp

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PAYMENT OF TAX INCREASE. Lessor shall pay the all real property tax, as defined in paragraph 10.3, taxes applicable to the Premises; provided, however, that Lessee shall pay, in addition to rent, the amount, if any, by which real property taxes applicable to the Premises increase over the fiscal real estate tax year 19 19 1999/2000. Such payment shall be made by Lessee within thirty (30) days after receipt of Lessor’s 's written statement setting forth the amount of such increase and the reasonable computation thereof. If the term of this Lease shall not expire concurrently with the expiration of the tax fiscal year, Lessee’s 's liability for increased taxes for the last partial lease Lease year shall be prorated on an annual basis.

Appears in 1 contract

Samples: Diamond Entertainment Corp

PAYMENT OF TAX INCREASE. Lessor shall pay the real property tax, as defined in paragraph 10.3, applicable to the Premises; provided, however, that Lessee shall pay, in addition to rent, the amount, if any, by which real property taxes applicable to the Premises increase over the fiscal real estate tax year 19 19 19____ 19____. Such payment shall be made by Lessee within thirty (30) days after receipt of Lessor’s 's written statement setting forth the amount of such increase and the computation thereof. If the term of this Lease shall not expire concurrently with the expiration of the tax fiscal year, Lessee’s 's liability for increased taxes for the last partial lease year shall be prorated on an annual basis.

Appears in 1 contract

Samples: Micro Therapeutics Inc

PAYMENT OF TAX INCREASE. Lessor shall pay the real property tax, as defined in paragraph 10.3, applicable to the Premises; provided, however, that Lessee shall pay, in addition to rent, the amount, if any, by which real property taxes applicable to the Premises increase over the fiscal real estate tax year 19 19 1996 1997. Such payment shall be made by Lessee within thirty (30) days after receipt of Lessor’s 's written statement setting forth the amount of such increase and the computation thereof. If the term of this Lease shall not expire concurrently with the expiration of the tax fiscal year, Lessee’s 's liability for increased taxes for the last partial lease year shall be prorated on an annual basis.

Appears in 1 contract

Samples: Lease (Intellisys Group Inc)

PAYMENT OF TAX INCREASE. Lessor shall pay the all real property tax, as defined in paragraph 10.3, taxes applicable to the Premises; provided, however, that Lessee shall pay, pay in addition to rent, the amount, if any, by which real property taxes applicable to the Premises increase over the fiscal real estate tax year 19 19 1996 1997. Such payment shall be made by Lessee within thirty (30) days after receipt of Lessor’s 's written statement setting forth the amount of such increase and the computation thereof. If the term of this Lease shall not expire concurrently with the expiration of the tax fiscal year, Lessee’s 's liability for increased increase taxes for the last partial lease year shall be prorated on an annual basis.

Appears in 1 contract

Samples: Industrial Lease (Rosetta Inpharmatics Inc)

PAYMENT OF TAX INCREASE. Lessor shall pay the real property tax, as defined in paragraph 10.3, applicable to the Premises; provided, however, that Lessee shall pay, in addition to rent, the amount, if any, by which real property taxes applicable to the Premises increase over the fiscal real estate tax year 19 19 1993-94. Such payment shall be made by Lessee within thirty (30) days after receipt of Lessor’s 's written statement setting forth for the amount of such increase and the computation thereof. If the term of this Lease shall not expire concurrently with the expiration of the tax fiscal year, Lessee’s 's liability for increased taxes for the last partial lease year shall be prorated on an annual basis.

Appears in 1 contract

Samples: Coyote Sports Inc

PAYMENT OF TAX INCREASE. Lessor shall pay the real property tax, as defined in paragraph 10.3, applicable to the Premises; provided, however, that Lessee shall pay, in addition to rent, the amount, if any, by which real property taxes applicable to the Premises increase over the fiscal real estate tax year 19 19 . Such payment payments shall be made by Lessee within thirty (30) days after receipt of Lessor’s 's written statement setting forth the amount of such increase and the computation thereof. If the term terms of this Lease shall not expire concurrently with the expiration of the tax fiscal year, Lessee’s 's liability for increased taxes for the last partial lease year shall be prorated on an annual basis.

Appears in 1 contract

Samples: Microtel International Inc

PAYMENT OF TAX INCREASE. Lessor shall pay the real property tax, as defined in paragraph 10.3, applicable to the Premises; provided, however, that Lessee shall pay, in . In addition to rent, the amount, if any, by which real property taxes applicable to the Premises increase over the fiscal real estate tax year 19 19 . Such payment shall be made by Lessee within thirty (30) days after receipt of Lessor’s 's written statement setting forth the amount of such increase and the computation thereof. If the term of this Lease shall not expire concurrently with the expiration of the tax fiscal year, . Lessee’s 's liability for increased taxes for the last partial lease year shall be prorated on an annual basis.

Appears in 1 contract

Samples: Microtel International Inc

PAYMENT OF TAX INCREASE. Lessor shall pay the real property tax, as defined in paragraph 10.3, applicable to the Premises; provided, however, that Lessee shall pay, in addition to rent, the amount, if any, by which real property taxes applicable to the Premises increase over the fiscal real estate tax year 19 19 1995 to 1996. Such payment shall be made by Lessee within thirty (30) days after receipt of Lessor’s 's written statement setting forth the amount of such increase and the computation thereof. If the term of this Lease shall not expire concurrently with the expiration of the tax fiscal year, Lessee’s 's liability for increased taxes for the last partial lease year shall be prorated on an annual basis.

Appears in 1 contract

Samples: Embark Com Inc

PAYMENT OF TAX INCREASE. Lessor shall pay the real property properly tax, as defined in paragraph 10.3, . applicable to the Premises; provided, however, that Lessee shall pay, in addition to rent, the amount, if any, by which real property taxes applicable to the Premises increase over the fiscal real estate tax year 19 19 1999 2000 . Such payment shall be made by Lessee within thirty (30) days after receipt of Lessor’s 's written statement setting forth the amount of or such increase and the computation thereof. If the term of this Lease shall not expire concurrently with the expiration of the tax fiscal year, Lessee’s 's liability for increased taxes for the last partial lease year shall be prorated on an annual basis.

Appears in 1 contract

Samples: Microtel International Inc

PAYMENT OF TAX INCREASE. Lessor shall pay the real property tax, as defined in paragraph 10.3, applicable to the Premises; provided, however, that Lessee lessee shall pay, in addition to rent, the amount, if any, by which real property taxes applicable to the Premises increase over the fiscal real estate tax year 19 19 . Such payment shall be made by Lessee within thirty (30) days after receipt of Lessor’s 's written statement setting forth the amount of such increase and the computation thereof. If the term of this Lease shall not expire concurrently with the expiration of the tax fiscal year, Lessee’s 's liability for increased taxes for the last partial lease year shall be prorated on an annual basis.

Appears in 1 contract

Samples: Jmar Industries Inc

PAYMENT OF TAX INCREASE. Lessor shall pay the real property tax, as defined in paragraph 10.316.3, applicable to the Premises; provided, however, that Lessee shall pay, in addition to rent, the amount, if any, by which real property taxes applicable to the Premises increase over the fiscal real estate tax year 19 19 2003. Such payment shall be made by Lessee within thirty (30) days after receipt of Lessor’s 's written statement setting forth the amount of such increase and the computation thereof. If the term of this Lease shall not expire concurrently with the expiration of the tax fiscal year, Lessee’s 's liability for increased taxes for the last partial lease year shall be prorated on an annual basis.

Appears in 1 contract

Samples: Duraswitch Industries Inc

PAYMENT OF TAX INCREASE. Lessor shall pay the real property tax, as defined in paragraph 10.3, applicable to the Premises; provided, however, that Lessee shall paypay its pro rata share, in addition to rent, the amount, if any, by which real property taxes applicable to the Premises increase over the fiscal real estate tax year 19 19 1998, 1999. Such payment shall be made by Lessee within thirty (30) days after receipt of Lessor’s 's written statement setting forth the amount of such increase and the computation thereof. If the term of this Lease shall not expire concurrently with the expiration of the tax fiscal year, . Lessee’s 's liability for increased taxes for the last partial lease year shall be prorated on an annual basis.

Appears in 1 contract

Samples: Industrial Lease (Iprint Com Inc)

PAYMENT OF TAX INCREASE. Lessor shall pay the real property tax, as defined in paragraph Paragraph 10.3, applicable to the Premises; , provided, however, that Lessee shall pay, in addition to rent, the amount, if any, by which real property taxes applicable to the Premises increase over the fiscal real estate tax year 19 19 . 1985, 1986., Such payment shall be made by Lessee within thirty (30) days after receipt of Lessor’s 's written statement setting forth the amount of such increase and the computation thereof. If the term of this Lease shall not expire concurrently with the expiration of the tax fiscal year, Lessee’s 's liability for increased taxes for the last partial lease year shall be prorated on an annual basis.

Appears in 1 contract

Samples: Primex Technologies Inc

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