Base Year for Taxes definition

Base Year for Taxes. As defined in Section 1.1.
Base Year for Taxes means Fiscal Year 2015.
Base Year for Taxes. The twelve month period beginning June 30, 1999. Tenant's Proportionate Share: 4.90% (which is based on the ratio of (a) Premises Rentable Area to (b) Building Rentable Area ).

Examples of Base Year for Taxes in a sentence

  • Tenant shall continue to pay all Additional Rent with respect to the Existing Premises (including Tenant’s Pro Rata Share of Expense Excess and Tax Excess) in accordance with the Lease; provided, however, that commencing on February 1, 2024: (i) the Base Year for Expenses with respect to the Existing Premises shall be reset to calendar year 2024, and (ii) the Base Year for Taxes with respect to the Existing Premises shall be reset to Fiscal Year 2024 (i.e., July 1, 2023 to June 30, 2024).

  • The parties agree that the Base Year for Expenses and the Base Year for Taxes for the Existing Premises is and shall remain calendar year 2016.

  • If Taxes in any Fiscal Year decrease below the amount of Taxes for the Base Year for Taxes, then Tenant’s Pro Rata Share of Taxes for that Fiscal Year shall be $0.

  • Garside EL, Schellenberg MJ, Gesner EM, Bonanno JB, Sauder JM, Burley SK, et al.

  • The Yearly Rent rental rate in respect of the RFO Premises shall be based upon the Fair Market Rental Value determined as set forth above and the Base Year for Operating Expenses shall be the calendar year in which the RFO Premises Commencement Date falls, and the Base Year for Taxes shall be the fiscal year in which the RFO Premises Commencement Date falls.


More Definitions of Base Year for Taxes

Base Year for Taxes means the calendar year 1999.
Base Year for Taxes means the calendar year commencing January 1, 1995;
Base Year for Taxes. The period from January 1, 1998 to December 31, 1998.
Base Year for Taxes. As set forth in Section 6.1.3 hereof. Additional Rent: Sublessee shall pay as additional rent: (a) Sublessee’s Share (as defined below) of Expenses (as such term is defined in the Prime Lease) in excess of the Base year for Expenses and Taxes (as such term is defined in the Prime Lease) in excess of the Base Year for Taxes payable by Sublessor as tenant under the Prime Lease in accordance with Section 6.1.3, below; (b) any additional charges assessed or charged to Sublessor or required to be paid by Sublessor pursuant to the Prime Lease in connection with Sublessee’s use or occupancy of the Premises, including, but not limited to, any parking charges pursuant to Exhibit F of the Prime Lease, charges for electricity used in the Premises pursuant to Section 7.02 of the Prime Lease and Section 1(d) of the First Amendment, charges incurred by Sublessor in connection with Sublessee’s use of the Premises beyond normal business hours or for extra services provided by Prime Lessor for which Prime Lessor charges an additional fee or charge, any costs incurred by Sublessor in connection with making any maintenance or repairs to the Premises in accordance with the terms of this Sublease, or any other charge, fee, cost or expense incurred by Sublessor in connection with the Prime Lease; and (c) any other amounts (exclusive of Base Rent) to be paid by Sublessee to Sublessor under this Sublease.
Base Year for Taxes. The Base Year for Taxes shall be calendar year 2010. Commercial General Liability Insurance: $1,000,000 per occurrence and $2,000,000 annual aggregate (and not more than $25,000 self-insured retention) and a minimum excess/umbrella limit of $2,000,000.
Base Year for Taxes. Fiscal Year (as defined below) 2023 (i.e., July 1, 2022 to June 30, 2023); “Base Year for Expenses”: Calendar year 2022.
Base Year for Taxes means calendar year two thousand two -------------------- (2002)."