Common use of Tax Allocation Clause in Contracts

Tax Allocation. Lessee shall be liable for all taxes levied against personal property, trade fixtures and other property placed on the Premises by Xxxxxx, and if any such taxes are levied against Lessor or Lessor’sproperty and Lessor pays the taxes or if the assessed value of Lessor’s property is increased by the placement of such property or trade fixtures of Lessee, and Lessor pays the taxes based on the increased assessment, Lessee shall pay upon demand to Lessor the taxes so levied or that proportion of taxes resulting from the increased assessment. Lessee shall pay all increases in taxes levied or assessed against the land on which the building and parking lot are located and said tax shall be prorated on the basis of the number of square feet occupied by Lessee in the building in relation to the total square footage of the entire building up to a 2% increase per year in accordance with Proposition 13. Lessee shall not be liable for any prorations resulting from sale of the property which result in a higher tax base.

Tax Allocation. Lessee shall be liable for all taxes levied against personal property, trade fixtures and County As Lessee 000 000 Xxx Xxxxxx 0000033 other property placed on the Premises by Xxxxxx, and if any such taxes are levied against Lessor or Lessor’sproperty Lessor's property and Lessor pays the taxes or if the assessed value of Lessor’s 's property is increased by the placement of such property or trade fixtures of Lessee, and Lessor pays the taxes based on the increased assessment, Lessee shall pay upon demand to Lessor the taxes so levied or that proportion of taxes resulting from the increased assessment. Lessee shall pay all increases in taxes levied or assessed against the land on which the building and parking lot are located and said tax shall be prorated on the basis of the number of square feet occupied by Lessee Xxxxxx in the building in relation to the total square footage of the entire building up to a 2% increase per year in accordance with Proposition 13. Lessee shall not be liable for any prorations resulting from sale of the property which result in a higher tax basebuilding.

Tax Allocation. Lessee shall be liable for all taxes levied against personal property, trade fixtures and FINAL-MAY other property placed on the Premises by Xxxxxx, and if any such taxes are levied against Lessor or Lessor’sproperty Lessor's property and Lessor pays the taxes or if the assessed value of Lessor’s 's property is increased by the placement of such property or trade fixtures of Lessee, and Lessor pays the taxes based on the increased assessment, Lessee shall pay upon demand to Lessor the taxes so levied or that proportion of taxes resulting from the increased assessment. Lessee shall pay all increases in taxes levied or assessed against the land on which the building and parking lot are located and said tax shall be prorated on the basis of the number of square feet occupied by Lessee Xxxxxx in the building in relation to the total square footage of the entire building up to a 2% increase per year in accordance with Proposition 13. Lessee shall not be liable for any prorations resulting from sale of the property which result in a higher tax basebuilding.

Tax Allocation. Lessee shall be liable for all taxes levied against personal property, trade fixtures and other property placed on the Premises by Xxxxxx, and if any such taxes are levied against Lessor or Lessor’sproperty and Lessor pays the taxes or if the assessed value of Lessor’s property is increased by the placement of such property or trade fixtures of Lessee, and Lessor pays the taxes based on the increased assessment, Lessee shall pay upon demand to Lessor the taxes so levied or that proportion of taxes resulting from the increased assessment. Lessee shall pay all increases in taxes levied or assessed against the land on which the building and parking lot are located and said tax shall be prorated on the basis of the number of square feet occupied by Lessee Xxxxxx in the building in relation to the total square footage of the entire building up to a 2% increase per year in accordance with Proposition 13. Lessee shall not be liable for any prorations resulting from sale of the property which result in a higher tax base.

Tax Allocation. Lessee shall be liable for all taxes levied against personal property, trade fixtures and other property placed on the Premises by Xxxxxx, and if any such taxes are levied against Lessor or Lessor’sproperty Lessor's property and Lessor pays the taxes or if the assessed value of Lessor’s 's property is increased by the placement of such property or trade fixtures of Lessee, and Lessor pays the taxes based on the increased assessment, Lessee shall pay upon demand to Lessor the taxes so levied or that proportion of taxes resulting from the increased assessment. Lessee shall pay all increases in taxes levied or assessed against the land on which the building and parking lot are located and said tax shall be prorated on the basis of the number of square feet occupied by Lessee in the building in relation to the total square footage of the entire building up to a 2% increase per year in accordance with Proposition 13. Lessee shall not be liable for any prorations resulting from sale of the As Lessee - 562 Xxxxxxxx property which result in a higher tax base.