PROPERTY DURING THE TERM.
6.5
INSURANCE PREMIUMS.
LESSEE WILL PAY OR
CAUSE TO BE PAID ALL PREMIUMS FOR THE INSURANCE COVERAGES REQUIRED TO BE
MAINTAINED BY IT UNDER ARTICLE XIII.
6.6
DEFINITION OF IMPOSITIONS.
THE TERM
"IMPOSITIONS," AS USED HEREIN, MEANS, COLLECTIVELY, ALL TAXES (INCLUDING,
WITHOUT LIMITATION, ALL AD VALOREM, PERSONAL PROPERTY, SALES AND USE, SINGLE
BUSINESS, GROSS RECEIPTS, TRANSACTION PRIVILEGE, RENT OR SIMILAR TAXES AS THE
SAME RELATE TO OR ARE IMPOSED UPON LESSOR OR LESSEE OR LESSEE'S BUSINESS
CONDUCTED UPON THE LEASED PROPERTY), ASSESSMENTS (INCLUDING, WITHOUT LIMITATION,
ALL ASSESSMENTS FOR PUBLIC IMPROVEMENTS OR BENEFIT, WHETHER OR NOT COMMENCED OR
COMPLETED PRIOR TO THE DATE HEREOF AND WHETHER OR NOT TO BE COMPLETED WITHIN THE
TERM AND ALSO ANY ASSESSMENTS IMPOSED ON THE LEASED PROPERTY BY ANY PROPERTY
OWNERS' ASSOCIATION, CONDOMINIUM ASSOCIATION OR OTHER SUCH PRIVATE ASSOCIATION,
OR OTHERWISE AS A RESULT OF PRIVATE DEED RESTRICTIONS AFFECTING THE LEASED
PROPERTY), GROUND RENTS, WATER, SEWER OR OTHER RENTS AND CHARGES, EXCISES, TAX
INSPECTION, AUTHORIZATION AND SIMILAR FEES AND ALL OTHER SUCH CHARGES, IN EACH
CASE WHETHER GENERAL OR SPECIAL, ORDINARY OR EXTRAORDINARY, OR FORESEEN OR
UNFORESEEN, OF EVERY CHARACTER IN RESPECT OF THE LEASED PROPERTY OR THE BUSINESS
CONDUCTED THEREON BY LESSEE (INCLUDING ALL INTEREST AND PENALTIES THEREON CAUSED
BY ANY FAILURE IN PAYMENT BY LESSEE), WHICH AT ANY TIME PRIOR TO, DURING OR WITH
RESPECT TO THE TERM MAY BE ASSESSED OR IMPOSED ON THE LEASED PROPERTY, OR ANY
PART THEREOF OR ANY RENT THEREFROM OR ANY ESTATE, RIGHT, TITLE OR INTERESTS
THEREIN, OR ANY OCCUPANCY, OPERATION, USE OR POSSESSION OF, OR SALES FROM, OR
ACTIVITY CONDUCTED ON OR IN CONNECTION WITH THE LEASED PROPERTY, OR THE LEASING
OR USE OF THE LEASED PROPERTY OR ANY PART THEREOF BY LESSEE.
NOTHING CONTAINED
IN THIS DEFINITION OF IMPOSITIONS SHALL BE CONSTRUED TO REQUIRE LESSEE TO PAY
(1) ANY TAX BASED ON NET INCOME (WHETHER DENOMINATED AS A FRANCHISE OR CAPITAL
STOCK OR OTHER TAX) IMPOSED ON LESSOR OR ANY OTHER PERSON, OR (2) ANY NET
REVENUE TAX OF LESSOR OR ANY OTHER PERSON, OR (3) ANY TAX IMPOSED WITH RESPECT
TO THE SALE, EXCHANGE OR OTHER DISPOSITION BY LESSOR OF ANY LEASED PROPERTY OR
THE PROCEEDS THEREOF, OR (4) ANY SINGLE BUSINESS, GROSS RECEIPTS (OTHER THAN TAX
ON ANY RENT RECEIVED BY LESSOR FROM LESSEE), TRANSACTION, PRIVILEGE OR SIMILAR
TAXES AS THE SAME RELATE TO OR ARE IMPOSED UPON LESSOR, EXCEPT TO THE EXTENT
THAT ANY TAX, ASSESSMENT, TAX LEVY OR CHARGE THAT LESSEE IS OBLIGATED TO PAY
PURSUANT TO THE FIRST SENTENCE OF THE DEFINITION AND THAT IS IN EFFECT AT ANY
TIME DURING THE TERM IS TOTALLY OR PARTIALLY REPEALED, AND A TAX, ASSESSMENT,
TAX LEVY OR CHARGE SET FORTH IN CLAUSE (1) OR (2) IS LEVIED, ASSESSED OR IMPOSED
EXPRESSLY IN LIEU THEREOF.
17
ARTICLE VII
CONDITION, USE
7.1
CONDITION OF THE LEASED PROPERTY.
LESSEE
ACKNOWLEDGES RECEIPT AND DELIVERY OF POSSESSION OF THE LEASED PROPERTY.
LESSEE
HAS EXAMINED AND OTHERWISE HAS KNOWLEDGE OF THE CONDITION OF