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Except as otherwise provided in this Lease, beginning on May 1, 2024, all costs, expenses, sales
<br />or use taxes, or taxes of any nature or kind, special assessments, connection fees, and any other
<br />charges, fees or like impositions incurred or imposed against the Leased Premises, to the extent
<br />applicable, or any use thereof, including revenue derived therefrom, and any costs, expenses, fees,
<br />taxes or assessments in or upon the real property or improvements constructed thereon shall be
<br />made and paid by LESSEE in accordance with the provisions of this Lease, it being the intent of
<br />the parties that, except as may be specifically provided for herein, LESSEE is responsible for
<br />paying all the expenses and obligations that relate to the Leased Premises or any improvements
<br />thereon and that arise or become due during the Term of this Lease.
<br />LESSOR shall invoice LESSEE for all applicable taxes, and the Tenant shall be required to
<br />pay LESSOR within ten (1 0) days of receipt of said Invoice. If LESSEE fails to timely pay
<br />any taxes, LESSOR may pay them, and LESSEE shall repay such amount to LESSOR upon
<br />demand.
<br />8. LESSEE's Challenge of Tax. LESSEE may contest the validity of any Tax, tax
<br />claim, or charge or assessment, described herein without being in default for nonpayment of Taxes
<br />under this Lease, provided LESSEE complies with terms and conditions of this Section. The
<br />LESSEE must give LESSOR written notice of LESSEE's intention to contest. Unless otherwise
<br />waived by LESSOR, LESSEE must also furnish LESSOR with a bond, acceptable to the
<br />LESSOR'S City Manager, with surety by a surety company qualified to do business in the State
<br />of Florida or cash paid into escrow and held by LESSOR. The bond or cash escrow must be in an
<br />amount that is equal to the amount of the Taxes, claim, charge or assessment being contested and
<br />must be conditioned upon payment of the Taxes, claim, charge or assessment once the validity has
<br />been determined. LESSEE must give the written notice accompanied by evidence of the bond or
<br />escrow to LESSOR not later than sixty (60) days before the contested taxes would otherwise
<br />become delinquent.
<br />9. LESSOR'S Remedy for LESSEE'S Nonpayment. If LESSEE fails, refuses, or
<br />neglects to pay any Taxes, fees, assessments, or other governmental charges under this Article,
<br />unless challenged as provided in Section 8 of this Lease, the LESSOR may pay them. On the
<br />LESSOR's demand, the LESSEE must pay the LESSOR all amounts LESSOR has paid, plus
<br />expenses and attorney's fees reasonably incurred in connection with such payments, together with
<br />interest at the rate of twelve per cent (12%) per annum from the date LESSOR paid such
<br />outstanding Taxes, fees, assessments or other governmental charges, up to but not exceeding the
<br />maximum rate of interest allowable under Florida law. On the day the LESSOR demands
<br />repayment or reimbursement from LESSEE, the LESSOR is entitled to collect or enforce these
<br />payments in the same manner as a payment of rent.
<br />10. Use of Premises. The LESSEE shall use the Leased Premises for office and
<br />meeting space related to the construction management for the St. Regis Residences Project.
<br />LESSEE shall comply with all present and future laws or ordinances applicable to the Leased
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