Common use of Adjustment of Impositions Clause in Contracts

Adjustment of Impositions. Impositions imposed in respect of the tax-fiscal period during which the Term terminates shall be adjusted and prorated between Landlord and Tenant, whether or not such Imposition is imposed before or after such termination, and Tenant's obligation to pay its prorated share thereof shall survive such termination.

Appears in 4 contracts

Samples: Sublease Agreement (Medical Properties Trust Inc), Operations Transfer Agreement (Extendicare Health Services Inc), Lease Agreement (Education Realty Trust, Inc.)

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Adjustment of Impositions. Impositions imposed in respect of the ------------------------- tax-fiscal period during which the Term terminates shall be adjusted and prorated between Landlord and Tenant, whether or not such Imposition is imposed before or after such termination, and Tenant's obligation to pay its prorated share thereof after termination shall survive such termination.

Appears in 1 contract

Samples: Lease Agreement (Hudson Hotels Trust)

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Adjustment of Impositions. Impositions imposed in respect of ------------------------- the tax-fiscal period during which the Term terminates shall be adjusted and prorated between Landlord and Tenant, whether or not such Imposition is imposed before or after such termination, and Tenant's obligation to pay its prorated share thereof after termination shall survive such termination.

Appears in 1 contract

Samples: Lease Agreement (Hudson Hotels Trust)

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