Common use of Adjustment of Impositions Clause in Contracts

Adjustment of Impositions. Impositions that are levied or assessed with respect to the tax-fiscal period during which the Term terminates, unless Lessee purchases the Leased Property pursuant to purchase options expressly provided herein, if any, shall be adjusted and prorated between Lessor and Lessee, whether or not such Imposition is imposed before or after such termination, and Lessee’s obligation to pay its prorated share thereof shall survive such termination.

Appears in 4 contracts

Samples: Master Lease Agreement (MPT Operating Partnership, L.P.), Master Funding and Development Agreement (Adeptus Health Inc.), Master Lease Agreement (MPT Operating Partnership, L.P.)

AutoNDA by SimpleDocs

Adjustment of Impositions. Impositions that are levied or assessed with respect to the tax-fiscal period during which the Term terminates, unless Lessee purchases the Leased Property pursuant to purchase options expressly provided herein, if any, shall be adjusted and prorated between Lessor and Lessee, whether or not such Imposition is imposed before or after such termination, and LesseeXxxxxx’s obligation to pay its prorated share thereof shall survive such termination.

Appears in 1 contract

Samples: Lease Agreement

AutoNDA by SimpleDocs

Adjustment of Impositions. Impositions that are levied or assessed with respect to the tax-fiscal tax‑fiscal period during which the Term terminates, unless Lessee purchases the Leased Property pursuant to purchase options expressly provided herein, if any, shall be adjusted and prorated between Lessor and Lessee, whether or not such Imposition is imposed before or after such termination, and Lessee’s 's obligation to pay its prorated share thereof shall survive such termination.

Appears in 1 contract

Samples: Master Funding and Development Agreement (Adeptus Health Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!