Base Taxes Allocable to the Premises means the same proportion of Base Taxes for and pertaining to the Building and the Site as the Rentable Floor Area of Tenant's Space bears to the Total Rentable Floor Area of the Building.
Base Taxes Allocable to the Premises means the same proportion of Base Taxes for and pertaining to the Building and the Site as the Rentable Floor Area of the Premises bears to 95% of the Total Rentable Floor Area of the Building.
Base Taxes Allocable to the Premises means the same proportion of Base Taxes as the Rentable Floor Area of Tenant’s Premises bears to 100% of the total Rentable Floor Area of the Office Area.
Examples of Base Taxes Allocable to the Premises in a sentence
If during the Lease Term the Tax Year is changed by applicable law to less than a full 12-month period, the Base Taxes and Base Taxes Allocable to the Premises shall each be proportionately reduced.
If with respect to any full Tax Year or fraction of a Tax Year falling within the Lease Term Landlord’s Tax Expenses Allocable to the Premises for a full Tax Year exceed Base Taxes Allocable to the Premises or for any such fraction of a Tax Year exceed the corresponding fraction of Base Taxes Allocable to the Premises (such amount being hereinafter referred to as the “Tax Excess”), then Tenant shall pay to Landlord, as Additional Rent, the amount of such Tax Excess.
More Definitions of Base Taxes Allocable to the Premises
Base Taxes Allocable to the Premises means the same proportion of Base Taxes as the Rentable Floor Area of Tenant’s Premises bears to the Total Rentable Floor Area of the Building.
Base Taxes Allocable to the Premises means the aggregate of Base Taxes Allocable to a Premises Component for all of the Premises Components which collectively comprise the Premises.
Base Taxes Allocable to the Premises means Tenant's Tax Share of Base Taxes.
Base Taxes Allocable to the Premises means the same proportion of Base Taxes as the Rentable Floor Area of Tenants Premises
Base Taxes Allocable to the Premises the reference to the "Rentable Floor Area of Tenant's Space" shall mean said Rentable Floor Area of the Additional Premises.
Base Taxes Allocable to the Premises means the same proportion of Base Taxes for and pertaining to the Building and the Site as the Rentable Floor Area of the Premises bears to the Total Rentable Floor Area of the Building. [***] INDICATES MATERIAL THAT WAS OMITTED AND FOR WHICH CONFIDENTIAL TREATMENT WAS REQUESTED. ALL SUCH OMITTED MATERIAL WAS FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 24b-2 PROMULGATED UNDER THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED.
Base Taxes Allocable to the Premises means the same proportion of Base Taxes as the Rentable Floor Area of Tenant’s Premises bears to the Total Rentable Floor Area of the Building. If during the Lease Term the Tax Year is changed by applicable law to less than a full 12-month period, the Base Taxes and Base Taxes Allocable to the Premises shall each be proportionately reduced.