Tax Share Sample Clauses

Tax Share. Till such time the Composite Unit is separately mutated in the name of the Purchaser with all the concerned authorities, it will pay the proportionate share of the Rates & Taxes together with collection/administrative charges. If there be any addition to the Rates & Taxes due to anything done by the Purchaser in respect of the Unit, viz., any additional fittings, special construction and facilities and/or renting it out, such addition shall be borne and paid exclusively by the Purchaser over and above the Tax Charges.
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Tax Share. Rent in an amount equal to the Tenant’s Proportionate Share of the excess of Taxes for the applicable Fiscal Year of this Lease (the “Excess Taxes”) over the Taxes for the Base Year (the “Base Taxes”), paid monthly in advance in an estimated amount. A definition of Taxes and the method for billing and payment of Tax Share Rent are set forth in Sections 3.4 and 3.5.
Tax Share. Commencing as of the Term Commencement Date and continuing thereafter with respect to each Tax Period occurring during the Term of this Lease (or such longer period as Tenant remains in possession of all or any portion of the Premises), Tenant shall pay to Landlord, with respect to any Tax Period Tenant’s Proportionate Share of Taxes for such Tax Period, such amount being hereinafter referred to as “Tax Share”. In implementation and not in limitation of the foregoing, Tenant shall remit to Landlord, as Additional Rent, pro rata monthly installments on account of projected Tax Share, calculated by Landlord on the basis of the most recent Tax data or budget available. Taxes and any Tax Share for each Tax Period shall be reconciled by Landlord pursuant to a Tax statement (in reasonable detail) that Landlord shall deliver to Tenant following the conclusion of the Tax Period and collection, review and calculation thereof; which statement Landlord shall provide within one hundred fifty (150) days following the conclusion of such Tax Period. If the total of such monthly remittances on account of any Tax Period is greater than the actual Tax Share for such Tax Period, Landlord shall credit the difference against the next installment of rental or other charges due to Landlord hereunder, or if the Lease has terminated, Tenant shall receive a refund from Landlord within thirty (30) days thereafter. If the total of such remittances is less than the actual Tax Share for such Tax Period, Tenant shall pay the difference to Landlord within thirty (30) days of when billed therefor. Appropriate credit against Tax Share shall be given for any refund obtained by reason of a reduction in any Taxes by the Assessors or the administrative, judicial or other governmental agency responsible therefor. The original computations, as well as reimbursement or payments of additional charges, if any, or allowances, if any, under the provisions of this Article 9.2 shall be based on the assessed valuations at the time such computations were made with adjustments to be made at a later date when the tax refund, if any, shall be paid to Landlord by the taxing authorities. Expenditures for commercially reasonable legal fees and for other similar or dissimilar expenses incurred in obtaining the tax refund may be charged against the tax refund before the adjustments are made for the Tax Period.
Tax Share. The fraction, expressed as a percentage, determined by dividing (x) the Premises RSF by (y) the Total Building Square Footage. For the avoidance of doubt, based on the foregoing as of the date hereof, the Tenant’s Pro Rata Tax Share is 13.96% (i.e., the Initial Premises RSF divided by the Total Building Square Footage originally set forth in Section 1.4 above), subject to adjustment as set forth in Section 1.4 above.
Tax Share. 25.26 The Landlord and the Tenant each shall not, and each shall not permit any of their respective employees, representatives, agents, attorneys, directors, financial or legal or other professional advisors or consultants (collectively, “Consultants”) to, publicize, advertise or otherwise disclose to third parties any of the (i) economic terms of this Lease (including renewal, contraction and ROFO expansion rights) or (ii) financial or other confidential information furnished by the Landlord or a Landlord Party to the Tenant or a Tenant Party or by the Tenant or a Tenant Party to the Landlord or a Landlord Party prior to the date hereof or at any time after the date hereof (collectively, “Confidential Information”), in each case, without the prior consent of the other party and shall keep all such terms and information confidential except to the extent disclosure of such information (a) is made to any of the disclosing party’s Consultants or to its actual or prospective purchasers, investors, mortgagees, overlessors, assignees or subtenants (or any of their respective Consultants) (it being understood that such Consultants or actual or prospective purchasers, investors, mortgagees, overlessors, assignees or subtenants (or any of their respective Consultants) shall be directed by the party disclosing any such Confidential Information (the “Disclosing Party”) to treat such information confidentially and the Disclosing Party shall be responsible for any breach by any party who receives Confidential Information, directly or indirectly, from such Disclosing Party), (b) is required by Requirements (which, for greater clarity, includes regulators) or court order, (c) is disclosed in any arbitration or litigation between the parties relating to this Lease, (d) is or becomes generally available to the public other than as a result of a disclosure by the Disclosing Party or (e) is or becomes available to the Disclosing Party on a non-confidential basis from a source other than the party whose Confidential Information is, or is requested to be, disclosed (the “Non-Disclosing Party”) and is not known by the Disclosing Party to be violating a confidentiality obligation to the Non-Disclosing Party. In the event the Non-Disclosing Party is required by Requirements or under a subpoena or order issued by a court of competent jurisdiction or any governmental body to disclose any Confidential Information, then, if permitted by law, it shall (i) with reasonable promptness no...
Tax Share. 9.3 Operating Expense Share.
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