REAL ESTATE TAX. (a) The term “
REAL ESTATE TAX. The Real Estate has not been subject to real estate tax during the time it has been owned by the County. Future real estate taxes and assessments on the Real Estate shall be paid by Keweenaw Resort as such become due and payable.
REAL ESTATE TAX. If, in any Tax Year (as herein defined) or the portion of a Tax Year which begins with XXXXXX'S first occupancy of the Leased Premises and ends on June 30, XXXXXX's Real Estate Tax Expenses per square foot of rentable floor area of the Building exceed LESSEE's share of Real Estate Tax Expenses Included in Annual Fixed Rent as specified in Article 1 herein, then, on or before the thirtieth day following receipt by LESSEE of written notice from LESSOR that such increased taxes are payable, LESSEE shall pay to LESSOR, as Additional Rent, the difference between (a) LESSOR's Real Estate Tax Expenses Allocable to the Leased Premises, as hereinafter defined, less (b) the product of (i) LESSEE's Share of Real Estate Tax Expenses Included in Annual Fixed Rent and (ii) the Total Rentable Floor Area of the Leased Premises. LESSOR shall promptly pay to LESSEE. XXXXXX's proportionate share of any refund or abatement of Real Estate Tax Expenses received by XXXXXX.
REAL ESTATE TAX. Tenant’s “base tax year” for Real Estate Taxes shall be the fiscal year 2010/2011. Tenant’s Share with respect to the Additional Demised Premises shall be one and forty-two tenths percent (1.42%).
REAL ESTATE TAX. In addition to the basic rent payments as aforesaid, Lessee shall pay, if due, additional rent payments for real estate taxes. If in any period commencing with July 1, 1998 (Fiscal Year 1999) the real estate taxes on the land and building of which, the leased Premises are a part, are in excess of the amount of real estate taxes thereon for Fiscal year 1998, hereinafter called the base year, Lessee will pay to lessor as additional rent hereunder, when and as designated by notice in writing by Lessor, 15% of such excess that may occur in each year of the term of this Lease and any extensions thereafter, and proportionately for any part of a fiscal or calendar year. Percentage adjustment(s) shall proportionately be made, if necessary or appropriate, to account for the amount of space occupied by Lessee during any year, so that for example if spaces A and B were not occupied for a given year, the percentage of excess Lessee would be responsible for would be reduced from 15% to 9%. Lessor shall waive the first six (6) month's period bill xxx Lessee's share of real estate tax increases (if any), as may become due per this section. Nothing herein shall change the intent that the base year for computation throughout the Term of this Lease and any extensions shall remain fiscal year 1998. If the Lessor obtains an abatement of any such excess real estate tax and where the lessee has paid excess real estate tax share over real estate base year tax under this formula, Lessor shall refund proportionately to Lessee one-half of such pro-rated excess abated real estate taxes; this is agreed to for simplicity to allow for Lessor's or third Party services and/or expenses to obtain any such abatements. The base year is fiscal year 1998 as assessed, without regard to any abatements that may be obtained for said fiscal year 1998. These payments shall be payable as per clauses 8, 9, and 10.
REAL ESTATE TAX. Real estate taxes shall mean (i) any fee, license fee, license tax, business license fee, commercial rental tax, levy, charge, assessment, penalty or tax imposed by any taxing or judicial authority against the Shopping Center Improvements or land upon which the Shopping Center is located, together with all taxes levied upon or assessed against the personal property of Tenant; (ii) any tax on Landlord's right to receive, or the receipt of, rent or income from the Shopping Center or against Landlord's business of leasing the Shopping Center; (iii) any tax or charge for fire protection, streets, sidewalks, road maintenance, refuse or other services provided to the Shopping Center by any governmental agency; (iv) any tax imposed upon this transaction, or based upon a re-assessment of the Shopping Center due to a change In ownership or transfer of all or part of Landlord's interest in the Shopping Center; and (v) any charge or fee replacing any tax previously included within the definition of real property tax.
REAL ESTATE TAX. (a) Seller may file and/or prosecute an application for the reduction of the assessed valuation of the Property or any portion thereof for taxes or a refund of taxes paid or payable (a “Tax Proceeding”) in respect of the Property for any period ending on or before the Closing Date. Without the consent of Buyer, Seller shall have the right to withdraw, settle or otherwise compromise any such Tax Proceeding provided that such settlement or compromise shall not adversely affect the assessed valuation of the Property from and after the Closing Date. All such refunds, credits or other benefits applicable to the Property for any period shall belong solely to Seller (and Buyer shall have no interest therein) and, if the same shall be paid to Buyer or anyone acting on behalf of Buyer (other than Tenant), same shall be paid to Seller within thirty (30) days following receipt thereof and, if not timely paid, with interest thereon from the fifth day following such receipt until paid to Seller at a rate per annum equal to the Prime Rate (as such rate may vary from time to time) as reported in The Wall Street Journal plus 3%.
REAL ESTATE TAX. The real estate taxes payable in the year of closing shall be prorated between the District and the Buyer on a calendar year basis to the actual Date of Closing. The Buyer will pay any special assessment payment which is required as a result of closing this sale or recording the Quit Claim Deed at the Date of Closing.
REAL ESTATE TAX. The Real Property is up to date on the payment of the Real Estate Tax. E) Instituto Nacional de Colonización [National Colonization Institute]: I have sighted: i) the certificate issued by the Instituto Nacional de Colonización on March 15, 2018, from which it appears that the Real Property is exempted from Law No. 11,029 as worded by Law No. 18,187 and Law No. 18,756, as regulated; ii) the certificate issued by the Instituto
