Definition of Tenant's Share of Real Estate Taxes


Tenant's Share of Real Estate Taxes means Tenant's proportionate share of Real Estate Taxes based on Tenant's Percentage.
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Examples of Tenant's Share of Real Estate Taxes in a sentence

Tenants Share of Operating Expenses, Tenants Share of Insurance Expenses and Tenants Share of Real Estate Taxes for the ensuing estimation period shall be adjusted upward or downward based upon Landlords Statement.
If the Commencement Date or Expiration Date shall occur on a date other than the first day of a Tax Year and/or Expense Year, Tenant's Share of Real Estate Taxes and Expenses, for the Tax Year and/or Expense Year in which the Commencement Date occurs shall be prorated.
If the Commencement Date or Expiration Date shall occur on a date other than the first day of a Tax Year and/or Expense Year, Tenants Share of Real Estate Taxes and Expenses, for the Tax Year and/or Expense Year in which the Commencement Date occurs shall be prorated.
In the event the Tax Statement reflects an overpayment of Tenants Share of Real Estate Taxes for such year, such overpayment shall be credited against the next due Base Rent hereunder, except if Tenants Lease is no longer in effect then Landlord shall refund such amount to Tenant within thirty (30) days.
Beginning on the Commencement Date and continuing throughout the Term, Tenant shall be responsible for the payment of Tenants Share of Real Estate Taxes.