Document ID: 13919

Text:
4.2.5.2 Tax Expenses shall include, without limitation: (i)Any tax on the rent, right to rent or other income from the Project, or any portion thereof, or as against the business of leasing the Project, or any portion thereof; (ii)Any assessment, tax, fee, levy or charge in addition to, or in substitution, partially or totally, of any assessment, tax, fee, levy or charge previously included within the definition of real property tax, it being acknowledged by Tenant and Landlord that Proposition 13 was adopted by the voters of the State of California in the June 1978 election (Proposition13) and that assessments, taxes, fees, levies and charges may be imposed by governmental agencies for such services as fire protection, street, sidewalk and road maintenance, refuse removal and for other governmental services formerly provided without charge to property owners or occupants, and, in further recognition of the decrease in the level and quality of governmental services and amenities as a result of Proposition 13, Tax Expenses shall also include any governmental or private assessments or the Projects contribution towards a governmental or private cost-sharing agreement for the purpose of augmenting or improving the quality of services and amenities normally provided by governmental agencies; (iii)Any assessment, tax, fee, levy, or charge allocable to or measured by the area of the Premises or the Rent payable hereunder, including, without limitation, any business or gross income tax or excise tax with respect to the receipt of such rent, or upon or with respect to the possession, leasing, operating, management, maintenance, alteration, repair, use or occupancy by Tenant of the Premises, or any portion thereof. Any documentary transfer tax or other similar assessment, tax, fee, levy or charge, upon the consummation of this transaction (as opposed to the Rent payable hereunder) or any document to which Landlord and Tenant are parties, creating or transferring an interest or an estate in the Premises (as opposed to any document executed in connection with a Transfer as that term is defined in Section14.1, below) shall be excluded from Tax Expenses; provided, however, Tenant shall be responsible for any rent tax, sales tax, service tax, transfer tax, value added tax or other applicable tax on the Rent payable hereunder pursuant to Section4.5.3 below.

Named Entities:
108
109
Regulation
117
119
Court
220
221
Title

Tokenized Text:
4
.
2
.
5
.
2
Tax
Expenses
shall
include
,
without
limitation
:
(
i
)
Any
tax
on
the
rent
,
right
to
rent
or
other
income
from
the
Project
,
or
any
portion
thereof
,
or
as
against
the
business
of
leasing
the
Project
,
or
any
portion
thereof
;
(
ii
)
Any
assessment
,
tax
,
fee
,
levy
or
charge
in
addition
to
,
or
in
substitution
,
partially
or
totally
,
of
any
assessment
,
tax
,
fee
,
levy
or
charge
previously
included
within
the
definition
of
real
property
tax
,
it
being
acknowledged
by
Tenant
and
Landlord
that
Proposition
13
was
adopted
by
the
voters
of
the
State
of
California
in
the
June
1978
election
(
Proposition13
)
and
that
assessments
,
taxes
,
fees
,
levies
and
charges
may
be
imposed
by
governmental
agencies
for
such
services
as
fire
protection
,
street
,
sidewalk
and
road
maintenance
,
refuse
removal
and
for
other
governmental
services
formerly
provided
without
charge
to
property
owners
or
occupants
,
and
,
in
further
recognition
of
the
decrease
in
the
level
and
quality
of
governmental
services
and
amenities
as
a
result
of
Proposition
13
,
Tax
Expenses
shall
also
include
any
governmental
or
private
assessments
or
the
Projects
contribution
towards
a
governmental
or
private
cost-sharing
agreement
for
the
purpose
of
augmenting
or
improving
the
quality
of
services
and
amenities
normally
provided
by
governmental
agencies
;
(
iii
)
Any
assessment
,
tax
,
fee
,
levy
,
or
charge
allocable
to
or
measured
by
the
area
of
the
Premises
or
the
Rent
payable
hereunder
,
including
,
without
limitation
,
any
business
or
gross
income
tax
or
excise
tax
with
respect
to
the
receipt
of
such
rent
,
or
upon
or
with
respect
to
the
possession
,
leasing
,
operating
,
management
,
maintenance
,
alteration
,
repair
,
use
or
occupancy
by
Tenant
of
the
Premises
,
or
any
portion
thereof
.
Any
documentary
transfer
tax
or
other
similar
assessment
,
tax
,
fee
,
levy
or
charge
,
upon
the
consummation
of
this
transaction
(
as
opposed
to
the
Rent
payable
hereunder
)
or
any
document
to
which
Landlord
and
Tenant
are
parties
,
creating
or
transferring
an
interest
or
an
estate
in
the
Premises
(
as
opposed
to
any
document
executed
in
connection
with
a
Transfer
as
that
term
is
defined
in
Section14
.
1
,
below
)
shall
be
excluded
from
Tax
Expenses
;
provided
,
however
,
Tenant
shall
be
responsible
for
any
rent
tax
,
sales
tax
,
service
tax
,
transfer
tax
,
value
added
tax
or
other
applicable
tax
on
the
Rent
payable
hereunder
pursuant
to
Section4
.
5
.
3
below
.