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Qocusign Envetope M'iE gE9717 3B-42A9.8682-F49S2E8743CI <br /> Property iu lieu of payment directly to the applicable service providers: (i) delivery to Tenants of a <br /> w'itten request tlxerefo3r from L.andlord7 and(ii) axzy Default under this Section 23 d byTenants,or <br /> any Event of Default. Fins paid by Tenants to Landlord port to the immediately preying <br /> sentence shall be used only for the payment of the cast of utility seMces to the wised Prop" if <br /> Tenants fail pay the approprixe <br /> Party (moo Or the service providers, as provided Herein) all <br /> such oasts when due hereunder, then Tenants shall, wt#hout l� any other remedies available to <br /> Lad�ord, reimburse Landlord for any and all penalties or interest, or portion themeof, paid <br /> or <br /> incurred by Landlord as a result of smh nonpayment or late payment€ by Tenants. <br /> W Without limiting any of Tenants' other obligwions set forth in this Article, <br /> Tenants shall PaY to LaWlord, with each payment due to Landlord hereunder (and as a part of rent <br /> due hereunder), ail sales and excise tax on rental income and all other similar taxes imposed on <br /> Landlord with respect to rental or other paymerAs under this Lease in the nature of a sales tax, <br /> occupancy tax, comracreial rents tax or the like, whether imposed by a federal- state or local taxing <br /> authority. To the extent putted by applicable Law, Tenants may pay any smh tax directly to the <br /> taxing audunity, Provld (i) Terms establish such <br /> any such right Landlord's satisfaction prior to making <br /> Y payment, a (ii) Tena.tyts, within ten (10) days aver any such payment., deliver to Landlord <br /> written evidenee sa�jsfactory to Landlord that such payment has been made. For the avoidan" o <br /> doubt, Tenants shall not be re powible for (i) any income taxes imposed on Landlord, (ii) an <br /> franchise taxes of Landlord measured by net haeorne or net wo <br /> rtl4 or(iai) any transfer taxes imposed <br /> with respect to the sale, exchange or other disposition by Landlord., to whole or in part, of the <br /> Demised Property or Landlord's interest in this Lease (unless such sale, exchange or other <br /> disposition by Landlord is to Tenants or an Afl�lx late of Tots, or is otherwise made at Tenants' <br /> request}• <br /> 1 Any indemnity payments due to Landlord from Tenants hereur that are <br /> attl'ibutab a to liabilities, xed or contingent, known or uWmo n (i) #hat existed as of the date <br /> hereof, or relate to periods prior to and including the date hereof, of (it`) too which the lased <br /> property were subject as of the date hereof or that existed on the date h reof and ran with the <br /> Demised Property and became a liability of the It ancUord as the transferee or assignee of the previous <br /> owner of the Demised properly. shall not be treated as additional rent or other gross inconle of the <br /> Landlord for federal income tax purposes but as an 4usUnent to the Landloes adjusted basis in the <br /> Demised Pwperty, which adjusted basis shall, prior to the receipt by Landlord of such iadenxnzt <br /> payments, be deemed to include the amount of such liabilities. Tenants agree that it will take no <br /> posi#ion incottsistmt herewith for federal income tax purposes. <br /> Section 3.04 Security Deposit <br /> UPOn F.=ufion of ibis Lease, Tenants shall pay to Landlord a Security Deposit of <br /> SN,000.00, Said stun shall be held by Landlord as security for the faithful perfornumce by Tenants <br /> of all the terms, covenants and conditions of this leas to be kept and perl`ormed by Tenatjts during <br /> the term hereof. If Tenants default with respect to any provision of this Lease, including, but not <br /> limited to Provisions relating to the Pwfmcm of lit, taxes, perfonnaace of repairs and ntaintena e <br /> or other payments required of Te€tants, Landlord may, but shall not be required to, use, apply or <br /> reu n all or any part of this Security Deposit for the payment of any rent or any other sum in default, <br /> bPage 8 of 39 <br />