Common use of TAX AND INSURANCE ADJUSTMENT Clause in Contracts

TAX AND INSURANCE ADJUSTMENT. Tenant shall, for each Lease Year, pay to Landlord as additional rent real estate taxes and assessments that accrue during the term of the Lease and all insurance for the Property. Landlord shall notify Tenant of the amount of such assessment and Tenant shall pay Landlord such amounts within thirty (30) days from the date of notice to it by Landlord. Additionally, with respect to taxes:

Appears in 2 contracts

Samples: Restaurant Lease (Rock Bottom Restaurants Inc), Restaurant Lease (Rock Bottom Restaurants Inc)

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TAX AND INSURANCE ADJUSTMENT. Tenant shall, for each Lease Year, pay to Landlord as additional rent real estate taxes and assessments that accrue during the term of the Lease and all insurance for the Property. Landlord shall notify Tenant of the amount of such assessment and Tenant shall pay Landlord such amounts within thirty (30) days from the date of notice to it by Landlord. Additionally, with respect to taxes:

Appears in 2 contracts

Samples: Restaurant Lease (Rock Bottom Restaurants Inc), Restaurant Lease Agreement (Rock Bottom Restaurants Inc)

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