Common use of Payment of Taxes and Utilities Clause in Contracts

Payment of Taxes and Utilities. 7.1 The Tenant shall pay or cause to be paid during the Term, at its own cost and for its own account on or before the particular due date: a. each and every installment of Real Property Taxes that may be levied from time to time directly to the taxing authorities, if any on i. the business of the Tenant, ii. the Premises, iii. the equipment and the operations of the Tenant; and b. all Internet, telephone, utility charges and rates, business taxes, license fees and similar taxes, rates, charges and assessments including payments in lieu thereof which may be charged, levied or assessed or required to be made by any public authority on or against the Tenant, or the Premises. 7.2 The Tenant shall pay any business tax, value added tax, multi-stage sales tax, sales tax, goods and services tax or any other tax lawfully imposed on any rent receivable by the Landlord by any governmental or other taxing authority having jurisdiction, whether known as business transfer tax, value added tax, goods and services tax, or by any other name. 7.3 The Landlord shall forward to Tenant upon receipt all communications which affect the Tenant's interest in the Premises including any bills and notices with respect to Real Property Taxes, utility charges and rates, business taxes, license fees and similar taxes, charges and assessments as set out in article 7 which have been levied or assessed against the Premises. 7.4 If the Tenant receives any invoice for Real Property Taxes or other charges in respect of the Premises, the Tenant agrees that within fifteen (15) days after written request of the Landlord it shall promptly deliver to the Landlord for inspection, receipts for payment of all Real Property Taxes and other charges in respect of the Premises, the Improvements which were due and payable up to one month prior to the request.

Appears in 1 contract

Sources: Operating and Maintenance Lease Agreement

Payment of Taxes and Utilities. 7.1 The Tenant shall pay or cause to be paid during the TermTerm of this Lease, at its own cost as Additional Rent, pay and for its own account on or before discharge punctually, as and when the particular same shall become due date: a. and payable, all taxes, special and general assessments (including, but not limited to, all sales taxes, use taxes and all other taxes relating to the operation of the Hotel), water rents, rates and charges and sewer rents (hereinafter referred to as “Taxes”) and each and every installment of Real Property Taxes that thereof which shall or may be levied from time to time directly become due and payable with respect to the taxing authorities, if any on i. period of time on and after the business Effective Date and until the expiration of the Tenant, ii. Term of this Lease, or which may become liens upon or for or with respect to the Premises, iii. Premises or any part thereof, or any buildings, appurtenances or equipment owned by Tenant thereon or therein or any part thereof with respect to the equipment period of time on and after the operations Effective Date and until the expiration of the Tenant; and b. Term, together with all Internetinterest and penalties thereon (all of which shall also be included in the term “Taxes” as heretofore defined) and all sewer rents and charges for water, steam, heat, gas, hot water, electricity, light and power, telephone, utility charges cable and/or satellite television, internet services, sanitary sewer, storm sewer, and ratesother service or services, business taxesfurnished to the Premises or the occupants thereof during the Term of this Lease (hereinafter referred to as “Utility Expenses”). Tenant shall be deemed to have complied with the covenants of this Section 6.1 if payment of such Taxes shall have been made either within any period allowed by law or by the governmental authority imposing the same during which payment is permitted without penalty or interest, license fees and similar taxesTenant shall produce and exhibit to Landlord satisfactory evidence of such payment, ratesif Landlord shall demand the same in writing. For the last partial tax fiscal year of the Term, charges and assessments including payments in lieu thereof to the extent that either Landlord or Tenant has paid Taxes which may would otherwise be chargedthe other party’s obligation hereunder, levied then Tenant shall reimburse such amount of Tenant’s obligation to Landlord, or assessed or required Landlord shall reimburse such amount of Landlord’s obligation to be made by any public authority on or against the Tenant, or as the Premises. 7.2 The Tenant shall pay any business taxcase may be, value added tax, multi-stage sales tax, sales tax, goods and services tax or any other tax lawfully imposed on any rent receivable by the Landlord by any governmental or other taxing authority having jurisdiction, whether known as business transfer tax, value added tax, goods and services tax, or by any other name. 7.3 The Landlord shall forward to Tenant upon receipt all communications which affect the Tenant's interest in the Premises including any bills and notices with respect to Real Property Taxes, utility charges and rates, business taxes, license fees and similar taxes, charges and assessments as set out in article 7 which have been levied or assessed against the Premises. 7.4 If the Tenant receives any invoice for Real Property Taxes or other charges in respect of the Premises, the Tenant agrees that within fifteen thirty (1530) days after written request demand therefor by the party paying such Taxes, accompanied by copies of receipted bills showing the payment of such Taxes, which shall include a computation of Tenant’s share of the Landlord it shall promptly deliver to Taxes for the Landlord for inspection, receipts for payment of all Real Property Taxes and other charges in respect tax fiscal year. Tenant’s share of the Premises, Taxes for the Improvements purposes of this Section 6.1 shall be the total Taxes for which were due and payable up Tenant (as Buyer) is responsible for pursuant to one month prior to Section 8.1 of the requestPurchase Agreement.

Appears in 1 contract

Sources: Ground Lease (Procaccianti Hotel Reit, Inc.)

Payment of Taxes and Utilities. 7.1 6.01. The Landlord represents that the following utilities and services are available to the building: gas, water, electricity, refrigeration and hot water and that all of the same are separately metered or separately billed by the appropriate utility to the Tenant. The Tenant shall pay be responsible for the cost and expense of the use of these utilities and services from and after the date that Landlord's work has been completed as certified by Landlord by notice as set forth above. The Landlord shall not be obligated to provide any services or cause these utilities to the premises other than is presently existing unless otherwise set forth in this Lease. 6.02. From and after the commencement of this lease, the Tenant shall pay, before any fine, penalty, interest or cost may be added or become due or be imposed for nonpayment thereof, all taxes, assessments, water and sewer rents, rates and charges, transit taxes, charges for public utilities, excises, levies, licenses and permit fees and other governmental charges, general and special, ordinary and extraordinary, unforeseen and foreseen, of any kind and nature, whatsoever except for income taxes and estate taxes levied on Lessor, which at any time during the term of this lease may be assessed, levied, confirmed, imposed upon, or become due and payable out of or in respect of, or become a lien on, the demised premises, or any improvements thereon, or any part thereof or any appurtenance thereto, or otherwise arising out of the rent and income received by the Tenant from subtenants, any use or occupation of the demised premises, and such franchises as may be appurtenant to the use of the demised premises, or any document (to which the Tenant is a party) creating or transferring an interest or estate in the demised premises. Notwithstanding any other provision hereof, if any assessments, taxes or other charges to be paid during by the Term, at its own cost and for its own account on or before the particular due date: a. each and every installment of Real Property Taxes that may be levied from time to time directly Tenant pursuant to the taxing authoritiesterms hereof can be paid in installments when due, if any on i. the business of the Tenant, ii. the Premises, iii. the equipment and the operations of the Tenant; and b. all Internetsaid assessments, telephone, utility charges and rates, business taxes, license fees and similar taxes, rates, charges and assessments including payments in lieu thereof which may be charged, levied or assessed or required to be made by any public authority on or against the Tenant, or the Premises. 7.2 The Tenant shall pay any business tax, value added tax, multi-stage sales tax, sales tax, goods and services tax or any other tax lawfully imposed on any rent receivable by the Landlord by any governmental or other taxing authority having jurisdiction, whether known as business transfer tax, value added tax, goods and services tax, or by any other name. 7.3 The Landlord shall forward to Tenant upon receipt all communications which affect the Tenant's interest in the Premises including any bills and notices with respect to Real Property Taxes, utility charges and rates, business taxes, license fees and similar taxes, charges and assessments as set out in article 7 which have been levied or assessed against the Premises. 7.4 If the Tenant receives any invoice for Real Property Taxes or other charges in respect of the Premises, the Tenant agrees that within fifteen (15) days after written request of the Landlord it shall promptly deliver to the Landlord for inspection, receipts for payment of all Real Property Taxes and other charges in respect of the Premises, the Improvements which were due and payable up to one month prior to the request.taxes or

Appears in 1 contract

Sources: Lease Agreement (Transworld Home Healthcare Inc)