Landlord’s Tax Statement definition

Landlord’s Tax Statement means a statement containing a computation of Escalation Rent due pursuant to the provisions of Section 3.2 furnished by Landlord to Tenant.

Landlord’s Tax Statement means an annual statement setting forth the amount payable by Tenant for a specified Tax Year pursuant to this Article 5.

Landlord’s Tax Statement shall have the meaning described in Section 5(c)(ii).

Examples of Landlord’s Tax Statement in a sentence

• The provisions of Section 29.3 apply to Landlord’s Tax Statement.

• Landlord shall use reasonable efforts to issue Landlord’s Tax Statement within one hundred twenty (120) days following the end of each Lease Year.

• Landlord’s failure to render Landlord’s Tax Statement for any Lease Year will not prejudice Landlord’s right to thereafter render Landlord’s Tax Statement with respect to such Lease Year or with respect to any other Lease Year, nor will the rendering of any Landlord’s Tax Statement prejudice Landlord’s right to thereafter render a revised Landlord’s Tax Statement for the applicable Lease Year.

• Tenant’s first Monthly Tax Payment after receipt of Landlord’s Tax Statement shall be accompanied by the payment of an amount equal to the product of the number of full months, if any, within the Lease Year which have elapsed prior to such first Monthly Tax Payment, times the Monthly Tax Payment; minus any Additional Rent already paid by Tenant on account of its obligation under Section 4.1 for such Lease Year.

• Commencing on the first Basic Rent Payment Date following the submission of Landlord’s Tax Statement and continuing thereafter on each successive Basic Rent Payment Date until Landlord renders the next Landlord’s Tax Statement, Tenant shall pay to Landlord on account of its obligation under Section 4.1, a sum (the “Monthly Tax Payment”) equal to one-twelfth (1/12) of Tenant’s Proportionate Share of the Projected Taxes for such Lease Year.

More Definitions of Landlord’s Tax Statement

Landlord’s Tax Statement means an instrument containing a computation of any Additional Rent payable by Tenant to Landlord pursuant to this Article.

Landlord’s Tax Statement means a statement containing a computation of Additional Rent due pursuant to the provisions of Article 3 furnished by Landlord to Tenant.

Landlord’s Tax Statement defined in Section 4.2.

Landlord’s Tax Statement means a written statement provided by Landlord and given to Tenant containing a computation of any additional rent due for Taxes pursuant to the provisions of this Lease.

Landlord’s Tax Statement shall have the meaning given to such term in Section 4.3(b) hereof.

Landlord’s Tax Statement defined in Section 4.2. Lease Year: each calendar year, or partial calendar year, during the Term. LEED: defined in Section 29.12.

Landlord’s Tax Statement means an instrument or instruments or invoice setting forth the Tax Payment (as defined in subsection 3.02(A)) or any installment thereof payable by Tenant pursuant to this Article 3 for a specific Tax Year (as defined in subsection 3.01(K)).