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HomeMy WebLinkAbout0113 _ ~ iii} tiie base period for the said Consumer Price Index or other statis- tical ir.dex has been changed from the base period which shall have been uti~ized in the computation of the Consumer Price Index in effect on the da~e of the co:nmencement of the term of this Lease, then the Consumer ~r~ce Index or other statistical index in effect at that time shall be aGjus~ea to tne amount it woulci be ir there had veen no cnange in tne - base year." - TAXES AND ASSESSMENTS Section 501. Lessee further agrees to pay as additional rent for tne demised pre~r~ises, all taxes and assessments, general and special, :vater rates, utilities and all other impositions, ordinary and extra- ~ o~ninary, of every kind and nature whatsoever, wnich may be levied, ~ assessed or imposed upon the demised premises or any part thereof or upor. ar.y building or improvements at any time situate3 thereo:~, accru- ~n5 or becoming due and payable durinq the term of this Lease and any axte:sion thereof, provided, however, that the general taxes levied .ac:ains~ the demised premises shall be prorated between Lessor and i.assee as of the date of commencement of the term hereof for the first ~~ea~ o€ the term of this Lease, and as of the date of expiration of ~ said term for the last year of the term hereof and any extensions thereof, i or, the basis of the then last available tax bills. Benefit may be j ~ - ; f uy Lessee of the provisions of any statute or ordinance permit- :.i:.g any assessment to be paid over a period of years. r ~ Sec~ion 502. Lessee further agrees to deliver to I.essor, duplicate ~ - ~ recei~ts or photostatic copies thereof showinq the payment of all said ~ ~axes, assessments, and other impositions, within thirty (30) days after ~ ~ t'r.e respective payments evidenced thereby. ~ Section 503. Lessor shall, at its option, have the right at all ~ ~ ~ ti;r~es during the term hereof to pay any such taxes, assessments or ~ 1 ~ • oz:,er cnarqes or impositions not paid by Lessee, and the amounts so paid, ~ ~ including reasonable expenses, shall be so much additional r~nt due at ~ ~:;e next rent day after any such payments, with interest at the rate a~ ter. per cent (10$) per annw-n from the date of payment thereof. z-, ;.+a ? F;: - 4 - r, - aooK 198 P~ 113 . ; i~5 iXT " . _ _ - . . ~ r~~% .