Tax Share Rent Sample Clauses

Tax Share Rent. During Phase II Tax Share Rent shall be in an amount equal to the Tenant’s Proportionate Share of the Taxes for the applicable calendar year, 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 below in this Section.
AutoNDA by SimpleDocs
Tax Share Rent. Tenant shall pay the Additional Space -------------- Proportionate Share of the excess of Tax Rent over Base Taxes (as those terms are defined in the Lease) in accordance with Section 2A(3) of the Lease.
Tax Share Rent. 4 (4) [Intentionally Omitted.]....................................4 (5)
Tax Share Rent. Tax Share Rent in an amount equal to the Tenant's Proportionate Share of the excess of Taxes for the applicable calendar 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 below. If the size of the Building changes due to fire, other casualty, or condemnation, Base Taxes shall be adjusted proportionately for calculations of Tax Share Rent for the period of time following such change in size of the Building.
Tax Share Rent. Beginning on the Commencement Date, Tenant shall pay to Landlord Tenant's Proportionate Share of Taxes for the applicable Fiscal Year ("Tax Share Rent"), 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 2.2, 2.3 and 2.4.
Tax Share Rent. (1) Tax Share Rent in an amount equal to the Tenant's Proportionate Share of Taxes for the applicable Fiscal Year of this Lease, paid monthly in advance in an estimated amount.
Tax Share Rent. Beginning on the Commencement Date, Tenant shall pay to Landlord Tenant's Proportionate Share of Taxes for the applicable Fiscal Year ("Tax Share Rent"), 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 2.2, 2.3 and 2.4. Notwithstanding the foregoing, upon Tenant's execution and delivery of this Lease to Landlord, Tenant shall pay to Landlord the Prepaid Operating Cost/Tax Share Rent set forth in Item 6 of the Schedule, which shall be applied to the first monthly installments of Operating Cost Share Rent and Tax Share Rent payable by Tenant beginning on the Commencement Date; provided, however, that if the Commencement Date is a day other than the first day of a calendar month, then (i) the Prepaid Operating Cost/Tax Share Rent shall be applied to the Operating Cost Share Rent and Tax Share Rent for the partial month in which the Commencement Date occurs and the next succeeding calendar month and (ii) the Prorated
AutoNDA by SimpleDocs
Tax Share Rent. Section 2 (A)(3) of the Original Lease is hereby amended to add to the end thereof the following: "Landlord agrees that the Base Taxes shall include (or shall be adjusted to include) all increases in Taxes arising from Landlord's recent acquisition of the Project."
Tax Share Rent. Tax Share Rent in an amount equal to the Tenant's Proportionate Share of Taxes for the applicable Fiscal Year of this Lease, paid monthly in advance in an estimated amount. The method of billing and payment of Operating Cost Share Rent and Tax Share Rent are set forth in Section 5 of this Amendment. Any provision of the Lease or this Amendment to the contrary notwithstanding, the abatement of Rent payable with respect to the Original Space pursuant to the Schedule of the Lease shall not apply to the payment of Rent with respect to the Seventh Floor Additional Space, and such Rent, with respect to the Seventh Floor Additional Space, shall accrue and Tenant shall be liable for payment thereof without regard to such abatement provision.
Tax Share Rent. Tenant covenants and agrees to pay to Landlord, as Additional Rent, an amount equal to Tenant’s Proportionate Share of Taxes for the applicable calendar year of this Lease, paid monthly in an estimated amount. The method for billing and payment of the Tax Share Rent is set forth in Paragraph 3(b), below, and the definition of Taxes is set forth in Paragraph 12, below. Tenant’s Proportionate Share of Taxes applicable to the Building and Land shall be (Building 1-38.5% Building 2-38.4% Building 3-23.1%), based on a total of 155,830 rentable square feet in the Project. Notwithstanding the foregoing, should the Building and the portion of the Land on which the Building is located be separately assessed from the remainder of the Project, Tenant’s Proportionate Share of Taxes shall be 100%.
Time is Money Join Law Insider Premium to draft better contracts faster.