Examples of Tenant’s Tax Percentage in a sentence
If Taxes increase during any Lease Year, Landlord may revise Monthly Tax Payments due during such Lease Year by giving Tenant written notice to that effect; and, thereafter, Tenant shall pay, in each of the remaining months of such Lease Year, a sum equal to the amount of revised difference in Taxes multiplied by Tenant’s Tax Percentage divided by the number of months remaining in such Lease Year.
Commencing on the Effective Date, Tenant’s OMC Percentage and Tenant’s Tax Percentage shall be 21.183%, based upon the rsf of the Premises as of the Effective Date of 57,786 which equals 21.183% of 272,793, the total rsf of the Office Portion of the Building.
In the event the Rentable Area of the Building is changed from 144,568 square feet or in the event the Rentable Area of the Premises is changed from that specified in the Lease Summary, Tenant’s Tax Percentage shall be appropriately adjusted and for purposes of Section 4 hereof Tenant’s Tax Percentage shall be determined as a weighted average in accordance with the number of days during such Expense Year when each such percentage was in effect.
In the event that only a part of the Demised Premises shall be so condemned or taken, then, effective as of the date of vesting of title, the rent hereunder for such part shall be equitably abated (and Tenant’s Tax Percentage and Tenant’s Expense Percentage shall be appropriately reduced) and this Lease shall continue as to such part not so taken.
It is a term used to describe a number of diverse feminist and anti-feminist theories and practices (Gillis, Howie, & Munford, 2004, p.