Operator’s Personal Property Taxes. Subject to Operator’s right to protest and contest any taxes and assessments levied, Operator shall pay or cause to be paid, prior to delinquency, any and all taxes and assessments levied upon all trade fixtures, inventories and other real or personal property placed or installed in and upon the Premises by Operator. If any such taxes on Operator’s personal property or trade fixtures are levied against the Port or the Port’s property, and if the Port pays the taxes based upon such increased assessment, Operator shall, upon demand, repay to the Port the taxes so levied.
Appears in 2 contracts
Sources: Lease Agreement, Lease Agreement