PAYMENT OF TAXES AND OTHER ASSESSMENTS. Landlord shall pay annually all real estate taxes on the Demised Premises existing at the commencement of this Lease. However, Tenant shall pay its pro rata share (see Paragraph 7) of any and all increases in the taxes and other assessments assessed or levied against the Demised Premises over and above amounts assessed for the year 1990 (the "base year"), as well as any special assessment imposed upon the Demised Premises for any purpose whatsoever during the Term, whether the increase in taxation results from a higher tax rate or an increase in the assessed valuation of the Demised Premises or of both. However, if the improvements upon the Demised Premises are not fully assessed by the local assessor's office during the agreed upon base year, the base year will be amended in the following manner. The millage rate established in the base year shall be applied to the fully assessed value when fully assessed by the Tax Assessor's office. Should the full assessment not be completed until after this Lease expires or is terminated, this increase will be due and payable upon demand. Such payment shall be made by Tenant to Landlord not later than thirty (30) days following the date on which Landlord provides Tenant with written evidence of such increase. In the event the Demised Premises are less than the entire property assessed for such taxes for any such tax year, then the tax for any such year applicable to the Demised Premises shall be determined by proration as hereinabove defined. If the final year of the Term fails to coincide with the tax year, then any excess for the tax year during which the Term ends shall be reduced by the pro rata of such tax beyond the Term. In the event that any documentary stamp tax, or tax levied on the rental, leasing or letting of the Demised Premises, whether local, state or Federal, is required to be paid due to execution hereof, the cost thereof shall be borne by the Tenant. Tenant at all times shall be responsible for and shall pay, before delinquency, all municipal, county, state or Federal taxes assessed against any leasehold interest or any fixtures, equipment, stock-in-trade or other personal property of any kind, installed or used in or on the Demised Premises. Should any governmental taxing authority acting under any present or future law, ordinance or regulation, levy, assess or impose a tax, excise and/or assessment (other than an income or franchise tax) upon or against the rentals payable by Tenant to Landlord, e...
PAYMENT OF TAXES AND OTHER ASSESSMENTS. Lessee shall be responsible for any Linn County real property taxes, if any, on the premises during the lease term.
PAYMENT OF TAXES AND OTHER ASSESSMENTS. Tenant shall pay its proportionate share when they are due of all property taxes, license fees and assessments levied or imposed against the premises or measured by the rent payable hereunder during the term of this Lease or any extension thereof, by Federal, state, municipal or other governmental authority provided, however, that no law or practice postponing the payment of such taxes, assessments or charges until after the termination of this Lease shall relieve Tenant of the obligation to make such payments. Payment of such taxes shall be made by Tenant to Landlord not later than thirty (30) days following the date on which Landlord provides Tenant with written evidence of such taxes in the form of a copy of the tax return or notice. If Tenant fails to pay any of such taxes, charges or other impositions when due, Landlord may pay the same under the provisions of' paragraph 19, hereinafter set forth. Anything herein to the contrary notwithstanding, if Tenant deems excessive or illegal any such tax or assessment, Tenant may defer payment thereof so long as the validity or the amount thereof is contested by Tenant in good faith, in which case Tenant shall furnish to Landlord a bond, in form reasonably satisfactory to Landlord, in an amount equal to the amount of taxes or assessments so contested, which bond shall guarantee the payment thereof with interest and penalties thereon.
PAYMENT OF TAXES AND OTHER ASSESSMENTS. Landlord shall pay annually all real estate taxes on the Demised Premises. Lxxxxxxx and Txxxxx agree that all Tax payments owed hereunder are included in the monthly CAM.
PAYMENT OF TAXES AND OTHER ASSESSMENTS. Landlord shall pay annually all real estate taxes on the demised premises. However, Tenant shall upon demand, reimburse Landlord for all taxes and other assessments assessed or levied against the premises. Such payment shall be made by Tenant to landlord not later than ten (10) days following the date on which Landlord provides Tenant with written evidence of such taxes or assessments. If the final year of the Lease term fails to coincide with the tax year, than any tax during which the term ends shall be reduced by the pro rata part of such tax beyond the Lease term. Additionally, if the lease year begins in the middle of a tax year or some portion thereof, then taxes will be pro-rated accordingly. For the purpose of this convenant, it is agreed that the premises hereunder contains 24.649 square feet and the total area contains 24.649 square feet. -------- -------- Tenant's Pro Rata Share is 100 %. ------- In the event that any documentary stamp tax, or tax levied on the rental, leasing or letting of the premises whether local, state or federal is required to be paid to the execution hereof, the cost thereof shall be borne by the Tenant.
PAYMENT OF TAXES AND OTHER ASSESSMENTS. General real property taxes and assessments on the leased property shall be paid by Landlord, in consideration of the rent payable by Tenant hereunder. Tenant shall pay all other taxes, assessments, license fees and charges incidental to the conduct of Tenants business on the leased premises during the term of this lease, and any extensions thereof, including any taxes assessed on Tenants personal property situated on the premises, and shall preserve the leased premises free and clear of any liens or charges attributable thereto; provided, however, that Tenant may contest or dispute any such tax, or the amount thereof, upon providing sufficient surety for the payment thereof.
PAYMENT OF TAXES AND OTHER ASSESSMENTS. Grantor will pay all taxes, assessments and other governmental, municipal or other public dues, charges, fines, or impositions imposed or levied upon the Mortgaged Property or on the interest created by this Deed of Trust, or any tax or excise on rents or other tax, however described, assessed or levied by any state, federal or local taxing authority as a substitute, in whole or in part, for taxes assessed or imposed on the Mortgaged Property or on the interest created by this Deed of Trust, and at least ten (10) days before said taxes, assessments and other governmental charges are due will exhibit receipts therefor to Beneficiary. If any tax or assessment is levied, assessed or imposed on Beneficiary as a legal holder of the Note or any interest in the documents securing, evidencing or relating to the Note by any governmental authority, then unless all such taxes are paid by Grantor as they become due and payable and in the opinion of General Counsel of Beneficiary, such payment by Grantor is lawful and does not place Beneficiary in violation of any law, Beneficiary may, at its option, declare the Indebtedness immediately due and payable, but in this event no prepayment premium shall be due or payable.
PAYMENT OF TAXES AND OTHER ASSESSMENTS. Concessionaire shall pay all taxes and other assessments for its business during the term of this Lease Agreement. Concessionaire shall pay all sales or other taxes assessed on the operation of the concession business.
PAYMENT OF TAXES AND OTHER ASSESSMENTS. Tenant shall pay all taxes and assessments, license fees and charges during the term of this Lease.
PAYMENT OF TAXES AND OTHER ASSESSMENTS. 10 Section 4.02 Insurance.................................................10 Section 4.03 Condemnation Awards.......................................11 Section 4.04 Waste, Demolition, Alteration or Replacement..............11 Section 4.05 Compliance by Alcool with Terms of Other Financing Documents.......................................11 Section 4.06
