Yearly Increase. The ad valorem real property tax allocation shall be the same if the yearly tax amount is increased due to improvements. The most current tax ▇▇▇▇ shall be attached hereto as Exhibit B. Any further leasing of greenhouse space by Tenant in the future shall reflect a corresponding increase in Tenant’s tax liability.
Appears in 2 contracts
Sources: Land Lease Subtenant Agreement (Sunset Island Group), Land Lease Subtenant Agreement (Sunset Island Group)