Betterment Assessments. SELLER represents that the Property is / is not subject to a betterment assessment. If the Property is subject to a betterment assessment, the SELLER agrees to pay the total outstanding betterment assessment at the closing / BUYER agrees to purchase the Property subject to, and assumes the payment of the betterment assessment.
Betterment Assessments. Tenant shall pay, directly to the authority charged with the collection thereof, each installment of any public, special or betterment assessment levied or assessed by or becoming payable to any municipality or other governmental authority having jurisdiction of the Premises, for or in respect of the Premises for each installment period partially or wholly included in the Rent Period and, if exercised the Extension Terms, all such payments to be made not less than five (5) days prior to the last date on which the same may be made without interest or penalty or fifteen (15) days after Xxxxxx’s receipt of the assessments bill, whichever is later. Landlord shall promptly furnish Tenant with copies of all bills for assessments levied or assessed after the Rent Commencement Date, and shall request such municipality or governmental authority to send all bills for assessments directly to Tenant. With respect to any fraction of an installment period included in the Rent Period and the Extension Terms, if exercised, at the beginning or end thereof, Tenant shall pay to Landlord, within fifteen (15) days after receipt of a reasonably detailed invoice therefor, the fraction of such installment allocable to such included period. Tenant shall promptly furnish to Landlord reasonable evidence of such payment. Without postponing the foregoing payment, Tenant may prosecute appropriate proceedings to contest the validity or amount of any assessment with respect to which Tenant is required to make payments as hereinbefore provided, such proceedings to be conducted jointly with any other parties, including Landlord, who have contributed to the payment of such assessments, and Xxxxxx agrees to save Landlord harmless from all costs and expenses incurred on account of Tenant’s participation in such proceedings. Landlord shall cooperate with Tenant with respect to such proceedings so far as reasonably necessary, at Xxxxxx’s cost and expense. Landlord shall promptly furnish to Tenant a copy of any notice of any public, special or betterment assessment received by Landlord concerning the Premises. Tenant shall be entitled to all abatements, if any, of any assessment paid by Xxxxxx during the Rent Period and, if exercised, the Extension Terms.
Betterment Assessments. Any assessments levied or imposed against the Premises as a consequence of a public improvement made or constructed by a governmental entity after the Commencement Date may, at Tenant's election, be paid in installments if permitted by such governmental entity. Tenant shall be responsible for, and obligated to pay, only the installment amounts which are due during the term of this Lease.
Betterment Assessments. SELLER represents that the Parcel subject to a betterment assessment. If the Parcel is subject to a betterment assessment, the SELLER agrees to pay the total outstanding betterment assessment at the closing unless the Buyer agrees to purchase the Parcel subject to, and assumes the payment of the betterment assessment.
Betterment Assessments. Real Estate Taxes shall include each installment ---------------------- of all public, special or betterment assessments levied or assessed by or becoming payable to any municipality or other governmental authority having jurisdiction of the Property, for each installment period wholly included in the Term; provided that Landlord shall have elected to pay such assessment in installments over the longest period permitted by law.
Betterment Assessments. Tenant shall pay to Landlord each installment of all public, special or betterment assessments levied or assessed by or becoming payable to any municipality or other governmental authority having jurisdiction of the Premises, for or in respect of the Premises for each installment period partially or to be wholly included in the Initial Term or Renewal Term, such payments to be made to the Landlord in the same manner as provided in Section 4.1 above. Tenant may prosecute appropriate proceedings to contest the validity or amount of any assessment with respect to which Tenant is required to make payments as hereinabove provided, and Tenant agrees to save Landlord harmless from all costs and expenses incurred on-account of Tenant's participation in such proceedings. Landlord shall promptly furnish to Tenant a copy of any notice of public, special or betterment assessments received by Landlord concerning the Premises.
Betterment Assessments. Tenant shall pay the Tenant’s Pro Rata Share of each installment of all public, special or betterment assessments levied or assessed by or becoming payable to any municipality or other governmental authority having jurisdiction over the Property (including any interest charged because Landlord elected to pay the same in installments), for or in respect of each installment period partially or wholly included in the Term. Landlord shall promptly furnish to Tenant a copy of any notice of any public, special or betterment assessment received by Landlord concerning the Property.
Betterment Assessments. To the Seller's knowledge, no portion of the Premises is subject to, or is affected by, any betterment assessments, whether or not presently a lien thereon, and no such assessment has been proposed.
Betterment Assessments. 17 4.2.3 Tax Fund Payments............................................... 19 4.2.4 Insurance....................................................... 19 4.2.5 Utilities....................................................... 22 ARTICLE V - TENANT'S ADDITIONAL COVENANTS................................... 23
Betterment Assessments. Tenant shall pay the Tenant’s Pro Rata Share of each installment of all public, special or betterment assessments levied or assessed by or becoming payable to any municipality or other governmental authority having jurisdiction over the Property (including any interest charged and paid because Landlord elected to pay the same in installments), for or in respect of them for each installment period partially or wholly included in the Term; provided in the case of each respective assessment that Landlord shall be deemed to have elected to pay such assessment in installments over the longest period permitted by law. Landlord shall promptly furnish to Tenant a copy of any notice of any public, special or betterment assessment received by Landlord concerning the Property.
