Common use of TAX ESCALATION Clause in Contracts

TAX ESCALATION. If the Real Estate Taxes for the Real Property for any Lease Year or Partial Lease Year during the Lease Term will be greater than the Base Real Estate Taxes (reduced proportionately to correspond to the duration of periods less than a Lease Year), then Tenant will pay to Landlord as Additional Rent, Tenant’s Percentage of all such excess Real Estate Taxes.

Appears in 6 contracts

Sources: Short Form Lease (Geron Corp), Shared Services Agreement (Mack Cali Realty L P), Lease Agreement (Rosetta Genomics Ltd.)

TAX ESCALATION. If the Real Estate Taxes for the Real Property for any Lease Year or Partial Lease Year during the Lease Term will be greater than the Base Real Estate Taxes (reduced proportionately to correspond to the duration of periods less than a Lease Year), then Tenant will pay to Landlord as Additional Rent, Tenant’s 's Percentage of all such excess Real Estate Taxes.

Appears in 1 contract

Sources: Short Form Lease (Ivivi Technologies, Inc.)

TAX ESCALATION. If the Real Estate Taxes for the Real Property Building for any Lease Year or Partial Lease Year Year, during the Lease Term will Term, shall be greater than the Base Real Estate Taxes (reduced adjusted proportionately to correspond to the duration of for periods less than a Lease Year), then Tenant will Lessee shall pay to Landlord Lessor as Additional Rent, TenantLessee’s Percentage as hereinafter defined, of all such excess Real Estate Taxes.

Appears in 1 contract

Sources: Lease Agreement (Silicom Ltd.)

TAX ESCALATION. If the Real Estate Taxes for the Real Property for any Lease Year or Partial Lease Year during the Lease Term will be greater than the Base Real Estate Taxes (reduced proportionately to correspond to the duration of periods less than a Lease Year), then Tenant will pay to Landlord as Additional Rent, Tenant’s Percentage of all such excess Real Estate Taxes.

Appears in 1 contract

Sources: Lease Agreement (Eagle Pharmaceuticals, Inc.)

TAX ESCALATION. If Commencing January 1, 2014, if the Real Estate Taxes for the Real Property for any Lease Year or Partial Lease Year during the Lease Term will be greater than the Base Real Estate Taxes (reduced proportionately to correspond to the duration of periods less than a Lease Year), then Tenant will pay to Landlord as Additional Rent, Tenant’s Percentage of all such excess Real Estate Taxes.

Appears in 1 contract

Sources: Short Form Lease (Cover All Technologies Inc)