Imposition

Example Definitions of "Imposition"
Imposition. : (i) all real estate taxes which either become due during the Term or accrue during the Term and all other assessments (including assessments for benefits from public works or improvements, whether or not begun or completed prior to the commencement of the Term of this Lease and whether or not to be completed within the Term), levies, fees, water and sewer rents and charges, and all other governmental... charges of every kind, general and special, ordinary and extraordinary, whether or not the same shall have been within the express contemplation of the parties hereto, together with any interest and penalties thereon, which are, at any time, imposed or levied upon or assessed against (A) the Premises or any part thereof, (B) any Basic Rent or any Additional Rent, (C) this Lease or the leasehold estate hereby created or which arise in respect of the ownership, operation, possession, occupancy or use of the Premises and which either become due during the Term or accrue during the Term; (ii) any gross receipts or similar taxes imposed or levied upon, assessed against or measured by the Basic Rent or Additional Rent hereunder or levied upon or assessed against the Premises (but calculated assuming the Basic Rent and Additional Rent are the only receipts of Landlord); (iii) all sales and use taxes which may be levied or assessed against, or payable by, Landlord or Tenant on account of the acquisition, payment of rent or leasing or use of the Premises or any portion thereof; and (iv) all charges for water, gas, light, heat, telephone, electricity, power and other utilities and communications services rendered or used on or about the Premises. View More Arrow
Imposition. (i) all real estate taxes which accrue during the Term, which are imposed or levied upon or assessed against the portion of the Premises leased by Tenant during the tax year for which such taxes are assessed (all such taxes being referred to collectively as "Taxes"); Page 22 (ii) all charges for water, gas, telephone, electricity, power, trash removal, and other utilities and communications services used by Tenant on or about the Premises; and (iii) all charges for Landlord's... Required Insurance. View More Arrow
All Definitions