Common use of Reduction of Taxes Clause in Contracts

Reduction of Taxes. Any expense incurred by the Landlord in obtaining or attempting to obtain a reduction in the amount of tax shall be added to and included in the amount of such Taxes. If the Tenant has paid its Proportionate Share of Taxes and the Landlord has thereafter received a refund of any portion of such Taxes, the Landlord shall make an appropriate refund to the Tenant.

Appears in 4 contracts

Samples: Lease (Current Technology Corp), Lease (Infowave Software Inc), Lease (Spectrum Signal Processing Inc)

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