KEISER, STEVEN J. - Laserfiche WebLink

Home Browse Search

Term exceed the real Property taxes attributable to the Premises for the tax fiscal year during which the term commenced. The real property taxes attributable to the Premises shall be determined by multiplying the total real property taxes levied against the land, Building and parking areas fo the particular year by a fraction, the numerator of which is the total square footage in the premises, and the denominator of which is the total net rentable square footage in the Building. Such payment shall be made b Tenant within thirty (30) days after receipt of Landlord's written statement setting forth the amount of the increase in the real property taxes attributable to the Premises and the computation thereof. If the Term sha1l not expire concurrently with the expiration of the tax fiscal year, Tenant's liability for increased taxes fop the last partial year of the Term shall be prorated on an annual basis. As used in this Lease, the term "real property taw" shall include any form of assessment, charge, levy, penalty or tax levied by any governmental authority, including any city, countyv state or federal authority, any school, agricultural, lighting, drainage or other improvement district, or the Federal Environmental Protection Agency. (b) Tefiant shall pay, prior to delinquency, all taxes assessed against or levied upon Tenant's trade fixtures, furnishings, equipment or other personal property which are assessed together with Landlord's real WrQpOrty° Tenant shall pay to Landlord the taxes attributable to Tenant's. property within ten (10) days after receipt of a written statement from Landlord setting forth the taxes applicable to Tenant's property" (a) Prior to delivery of possession of the Premises to Tenant, the Premises will be modified tcrTenant's requirements as shown on the drawing labeled Exhibit 89 which is attached to and is a material part of this Lease. Construction of the Premises in accordance with the plans and specifications shown on Exhibit B shall be performed by Landlord, or Landlord's agents, contractor or representatives. The cost of constructing and completing the Premises shall be born by Tenant and Landlordv respectively, as specified in Exhibit Cv attached to this Lease. Tenant's share of such cost shall be paid to Landlord in advance, upon ex7acution of this Lease. (b) The taking qf passL-asion by Tenant of the Premises shm^11 Const1tutae conclusive acknowledgement that fhe Premises are in good condition and satisfactory to Tenant. ~4-