HomeMy WebLinkAbout1681 w l al:: :r. . • a-+~ • ...r.. -
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~d taac or tax~~, or ~a~y oth~r tax ~fiich ~ay b~ levi~d or ~ asse~eed ~
~ agaia~t the LES$OR rrith resp~at to; or because of, th~ iacaa~ ds- ' -
~ riwd by reason of thi~ l~ase t nor shall the I.E~388a be daemed obli- .
qated to pay aqy cospos~tion, i~ra,acbiae or exciae tax, ~~1lsicb may be .
sasessed or~levied agaiaat any corporate auaeessor ar ~ucceesors in
' ` iatereat ot tha LBSSOR. ~Tor sh~ll the LESSEE be lia~ble to pay any
tax, or tuxes in the nature of an inheritance, succeesion or excise
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tax whicb any trustee may be calied v~pon to pay by reason o! eucceed- '
~ inq to any ~.nterest or rigbt of the 7~SSe90R ia the ps~emaiees. . : ~
. 3.- Hoth pnrtiee hereto intead, underetat~d a~d agree that the .
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: ~I.E88S8 sball pay the taxes and other chargee as sequired by it to ~
be paid as set forth ia this article of thi.s,leaee agreemeat. and, .
as to State and C~unty aa8 City of Pbrt Pierae real estate a?ad pet-~
sonai property ta~ces, ehall~deliver.to the LSS80R oa or begore Marcb
1, iu the y~ar follva~iaq the year sueh taxes become due and payable, ~
of~ieial receipts evid~encing such payment. Moreover, payment of ~
: all other taxes ia all iastances aud events ae required herein shall
be made by the L$SSES at ieaet . THIRTY t30) DrAYS before tl~e said tax ~
itself Mould~bsca~e deliiiquent in accordanae with the law~thea in - .
, etfect and goveraing tha payment of euch taac or taxes. 2f, haarever,
~:the LESB~ deeires to coateet the validity ot any tsx or tax ciaim, ~
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` the I~SS$8 may d~o so withaut beia~g ia default aa to its obligation
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~ to pay taxes, provided, . ho~wever, that the LSS8SB givee the~ Ia880x =
aotica in writiuq of ite intention to c~o so and either (a~furnieh
. ~"t the LSSSOR with a security bond iu at least one and ons hal~ times ~
; ' the amount o~ the tax oontasted, ~ar ~b) deposit in eocro~w witb some
institution or persoa deeigaated'by the LSSSOR, an amount at least
` ~ one and one-hal! tiraes the amo~unt-o~ the tax conte~ted, provided
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` that, {a) i~ it is required of the 7~8888 in eoatastiaq tlze amouut ~
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~ or validity ot such~ tax to: depoai~ with the Court, eit2~er cash or
~ surety bond; iu ~ich such contest ie mads gusranteeia~g t.he psymeat -
~ o! •aid taa~~, iat~s+v~t, p~ualti~s and oo~t, ~a and in that ~v~at
` ~ the ~ilinq o! ~uch boad or caeh `+itb such Court sh~.l comply witb t~s ~
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~ ~.grovisioaa o! this leaae. lioreover, aucb notice ~t iatention to conte~t_ '
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~ tbe validity o! a ta~c, or~.tan clais or tax ite~s, and aseurance o! pay- _
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~ - ~rsnt t2ssraot, aa eet ~orth ia either ~a3 . (bj . or (c}- abow, i! the ~ -
~ sams is' touad .legaily payabie. ~hall bs qitroa to tbs L8880A nat ister i
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~ tbaa a day ~Ihieh is =SIR'PY (30j D~iY~B be~ors t~ tax it~, oic itaas, ,
proposed ti.o bs coatested 1~ould otbarwia~ have b~c~o~ss dsiinqwn~. •
~ T~he failur~ o! the LS88E~ to p taxeH or ot2~er cbarqes aa
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