Common use of Assessment With Other Properties Clause in Contracts

Assessment With Other Properties. If, at any time, the Real Property is assessed for tax purposes with other property owned by Landlord, the tax ascribable to the Real Property shall be the allocable portion of the Taxes on the entire properties, based upon an informal apportionment by such assessors of the total assessment to such Real Property or if such apportionment is not available, as shall be determined by Landlord.

Appears in 4 contracts

Samples: Lease (Vision Sciences Inc /De/), Lease (Long Distance Direct Holdings Inc), Blue Hill Plaza Lease (Quintel Entertainment Inc)

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Assessment With Other Properties. If, at any time, the Real Property is assessed for tax purposes with other property owned by LandlordOwner, the tax ascribable to the Real Property Taxes shall be the an allocable portion of the Taxes on the entire all OFF/MAS/1991 such properties, based upon an informal apportionment by such the tax assessors of the total assessment to such Real Property or if such apportionment is not available, as shall be reasonably determined by LandlordOwner.

Appears in 1 contract

Samples: International Telecommunication Data Systems Inc

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