HomeMy WebLinkAbout0062 Taxes,
a. Genera~l . The L~ssee covenants and agrees to pay t4
the Lessor
a real estate t~xes, assessments and other yovern-
m~ntal levies and charges, general and s~ecial, ~~rdinary and
extraordinary, foreseen and unforeseen, of whatever kind ~nd
nature, all of which are hereinafter called "taxes and assess-
mflnts", which are assesse~, Ievied, confirmed, imposed or
cnarged against the Demised Premises for th~ year ~973 and
s~bsequent years durir,g the terms of this L~ase. Payrr.ent of
all such taxes and assessments shall be made by the Lessee to
the Lessor within fifteen days of written demand therefore,
provided, however, if a~y such tax or assessment is payable or
may be paid at the o~tion, pay the same together with any
accrued interest on the unpaid halance of any such tax or assess-
ment, thP LeSSnr in installments no less than thirty (30)
days before the same shall respectively become due and, provide,
further, that as to any tax or assessment applying to a fiscal
period of the taxing authori~y wherein part of the pericd is
included within the term of this Lease and a ~axt of the tax
or assessment is for a period of time after te~minatir.n of this
Lease, the said tax or assessment shall be Frobated and adjuste~
between the ~essor and Lessee as of the date of termination of
this Lease.
b. Nothing in this Article sha~.~ obligate the Lease to
pay the income, inheritance, estate or succession tax, or any
other tax which may be levied or assessed against the Lessor
with_respect to or because of the income derived from this Lease,
excepting that in the event the State of Florida, or any political
subdivision thereof, shall during the term of this Lease impQSe
a tax or excise on rents, and shall levy or assess the same
against the Lessor a~ a substitution in ~vhole or in part for taxes
assessed or imposed by such ~tate or political subdivisi~n thereof
on larid and buildings and/or personalty, the same shall be
deemed to be included within the teim "taxes ana assessments',
and the Lessee shall pay anC discharge such tax or excise on
rent. Any obligation in the nature of a"sales tax" or "use
~ tax" that shall become due or payable by reason of th~ rentals
payable by the Lessee under ~he terms and provisions hereof shall
be the obl~gation of anri shall be paid by the Lessee.
c. The Lessee shall have the right to contest the amount
or validity of any tax or assessrr.ent ar,d nothing herein shall
irr?ply any right on the part of the lessee to defer or postpone
! such payment for any such purpose unless such proceed~ngs shall
opera±e to prevent or stay the collection of the tax or assess-
ment so contested a.i~ the Less~e shall have deposi~ed with the
_ i.essor the amount so cnnt~sted and un~ra~u, together with all
; interest and penalties in connection therewith and all charyes
; that may or might be assessed against or become a charge or lien
! on the ~emised Prem~ses, or any part thereof, oy reason of such
~ contest or by reason of the delay in the payment of the tax
~ assessr~ent which~rray result from such contest. Upon termination
r of such proceedings, the L~ssor shall pay the amount of any such
t tax or assessment o~ any part thereof as shall be finally deter-
; ~nined by such proceedings to be due and payable, together with
: any costs, fees, interest, penalties or liabilities in '
~ connection ~herewith, from the monies deposited by Lhe Lessee,
' as aforesaid, and shal~ ret;~~n any remaining sums to the Lessee
' without interest. If at any time during the course of such
' cor~t~st proceedir~gs it shall appear to the Lessor that the ameunt
~ depositpd 5y the Lessee is or may be insufficient to pay in fall
the amount of tfie tax and assessnent, together with all inte.:~st,
penalties and other chara~.~ v:fiich may be incurred by reason i,£ the
contes;. rocee~'in s r `
o if at the ter~nination of uch r ce
P 9~ s p o e~ings
it shall or may agpear that the amount deposited by the Lessee is
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