Common use of No Joint Assessment Clause in Contracts

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of the Property with (a) any other real property constituting a tax lot separate from the Property, or (b) any portion of the Property which may be deemed to constitute personal property, or any other procedure whereby the Lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to the Property.

Appears in 93 contracts

Samples: Loan Agreement (reAlpha Tech Corp.), Loan Agreement (Reading International Inc), Loan Agreement (Eldorado Resorts, Inc.)

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No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of the any Individual Property with (a) with any other real property constituting a tax lot separate from the such Individual Property, or and (b) which constitutes real property with any portion of the such Individual Property which may be deemed to constitute personal property, or any other procedure whereby the Lien lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such real property portion of the Individual Property.

Appears in 26 contracts

Samples: Loan Agreement (Excel Trust, L.P.), Loan Agreement (Excel Trust, L.P.), Loan Agreement (Hilton Worldwide Holdings Inc.)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of the any Individual Property with (a) any other real property constituting a tax lot separate from the such Individual Property, or (b) any portion of the such Individual Property which may be deemed to constitute personal property, or any other procedure whereby the Lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to the such Individual Property.

Appears in 26 contracts

Samples: Loan Agreement (Spirit Finance Corp), Loan Agreement (Spirit Finance Corp), Loan Agreement (Meristar Hospitality Corp)

No Joint Assessment. No Borrower shall not suffer, permit or initiate the joint assessment of the Property (i) with (a) any other real property constituting a tax lot separate from the Property, or and (bii) with any portion of the Property which may be deemed to constitute personal property, or any other procedure whereby the Lien lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to the Property.

Appears in 5 contracts

Samples: Loan Agreement (Behringer Harvard Reit I Inc), Loan Agreement (Behringer Harvard Reit I Inc), Loan Agreement (Behringer Harvard Reit I Inc)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of that portion of the Property that constitutes real property with (a) any other real property constituting a tax lot separate from the Property, or (b) any portion of the Property which may be deemed to constitute personal property, or any other procedure whereby the Lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to the Property.

Appears in 5 contracts

Samples: Loan Agreement (Behringer Harvard Reit I Inc), Loan Agreement (Behringer Harvard Reit I Inc), Loan Agreement (Behringer Harvard Reit I Inc)

No Joint Assessment. Borrower shall not permit Mortgage Borrower to suffer, permit or initiate the joint assessment of the Property with (a) any other real property constituting a tax lot separate from the Property, or (b) any portion of the Property which may be deemed to constitute personal property, or any other procedure whereby the Lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to the Property.

Appears in 5 contracts

Samples: Mezzanine Loan Agreement (Prime Group Realty Trust), Mezzanine Loan Agreement (Maguire Properties Inc), Mezzanine Loan Agreement (Maguire Properties Inc)

No Joint Assessment. Borrower shall not suffer, permit or ------------------- initiate the joint assessment of the any Individual Property with (a) any other real property constituting a tax lot separate from the such Individual Property (other than another Individual Property), or (b) any portion of the such Individual Property which may be deemed to constitute personal property, or any other procedure whereby the Lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to the such Individual Property.

Appears in 4 contracts

Samples: Loan Agreement (Capital Automotive Reit), Loan Agreement (Capital Automotive Reit), Loan Agreement (Capital Automotive Reit)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of the its Property with (a) any other real property constituting a tax lot separate from the Property, or (b) any portion of the Property which may be deemed to constitute personal property, or any other procedure whereby the Lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to the Property.

Appears in 4 contracts

Samples: Loan Agreement (City Office REIT, Inc.), Loan Agreement (Inland Western Retail Real Estate Trust Inc), Loan Agreement (Inland Western Retail Real Estate Trust Inc)

No Joint Assessment. Borrower shall not suffer, permit or consent to initiate the joint assessment of the Property with (a) any other real property constituting a tax lot separate from the Property, or (b) any portion of the Property which may be deemed to constitute personal property, or any other procedure whereby the Lien lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to the Property.

Appears in 3 contracts

Samples: Loan Agreement (Industrial Income Trust Inc.), Loan Agreement (Industrial Income Trust Inc.), Loan Agreement (Dividend Capital Total Realty Trust Inc.)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of the any Property (i) with (a) any other real property constituting a tax lot separate from the such Property, or and (bii) with any portion of the Property which may be deemed to constitute personal property, or any other procedure whereby the Lien lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to the Property.

Appears in 2 contracts

Samples: Loan Agreement (Urban Shopping Centers Inc), Loan Agreement (Urban Shopping Centers Inc)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of the any Property with (a) any other real property constituting a tax lot separate from the such Property, or (b) any portion of the such Property which may be deemed to constitute personal property, or any other procedure whereby the Lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to the such Property.

Appears in 2 contracts

Samples: Loan Agreement (RFS Partnership Lp), Loan Facility Agreement (Felcor Lodging Trust Inc)

No Joint Assessment. Borrower Borrowers shall not suffer, permit or initiate the joint assessment of the any Property (i) with (a) any other real property constituting a tax lot separate from the such Property, or and (bii) with any portion of the such Property which may be deemed to constitute personal property, or any other procedure whereby the Lien lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to the such Property.

Appears in 2 contracts

Samples: Loan Agreement (Horizon Group Properties Inc), Loan Agreement (Prime Retail Lp)

No Joint Assessment. Borrower shall not suffer, permit consent to or initiate the joint assessment of the Property with (a) any other real property constituting a tax lot separate from the Property, or (b) any portion of the Property which may be deemed to constitute personal property, or any other procedure whereby the Lien lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to the Property.

Appears in 1 contract

Samples: Loan Agreement (Dividend Capital Total Realty Trust Inc.)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of the Property with (a) any other real property constituting a tax lot separate from the Property, or (b) any portion of the Property which may be deemed to constitute personal 45 property, or any other procedure whereby the Lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to the Property.

Appears in 1 contract

Samples: Loan Agreement (Inland Western Retail Real Estate Trust Inc)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of the Property with (a) with any other real property constituting a tax lot separate from the Property, or and (b) which constitutes real property with any portion of the Property which may be deemed to constitute personal property, or any other procedure whereby the Lien lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such real property portion of the PropertyProperty and shall make commercially reasonable efforts to prevent Bloomberg from doing the same.

Appears in 1 contract

Samples: Loan and Security Agreement (Alexanders Inc)

No Joint Assessment. Except as required by law, Borrower shall not suffer, permit or initiate the joint assessment of the Property with (a) any other real property constituting a tax lot separate from the Property, or (b) any portion of the Property which may be deemed to constitute personal property, or any other procedure whereby the Lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to the Property.

Appears in 1 contract

Samples: Loan Agreement (Prime Group Realty Trust)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of (a) the Property with (a) any other real property constituting a tax lot separate from the Property, or (b) that portion of the Property which constitutes real property with any portion of the Property which may be deemed to constitute personal property, or any other procedure whereby the Lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such real property portion of the Property.

Appears in 1 contract

Samples: Loan Agreement (Acadia Realty Trust)

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No Joint Assessment. Except to the extent required by law, Borrower shall not suffer, permit or initiate the joint assessment of the Property with (a) with any other real property constituting a tax lot separate from the Property, or and (b) which constitutes real property with any portion of the Property which may be deemed to constitute personal property, or any other procedure whereby the Lien lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such real property portion of the Property.

Appears in 1 contract

Samples: Loan Agreement (Prime Group Realty Trust)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of the Property with (a) with any other real property constituting a tax lot separate from the Property, or and (b) which constitutes real property with any portion of the Property which may 38 be deemed to constitute personal property, or any other procedure whereby the Lien lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such real property portion of the Property.

Appears in 1 contract

Samples: Loan Agreement (Inland Western Retail Real Estate Trust Inc)

No Joint Assessment. Borrower shall not suffer, permit or initiate or permit Mortgage Borrower to suffer, permit or initiate the joint assessment of the any Individual Property with (a) with any other real property constituting a tax lot separate from the such Individual Property, or and (b) which constitutes real property with any portion of the such Individual Property which may be deemed to constitute personal property, or any other procedure whereby the Lien lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such real property portion of the Individual Property.

Appears in 1 contract

Samples: Mezzanine Loan Agreement (Skilled Healthcare Group Inc)

No Joint Assessment. Borrower shall not suffer, permit 3 or initiate the joint assessment of the Property with (except as tenants in common) (a) with any other real property constituting a tax lot separate from the Property, or and (b) which constitutes real property with any portion of the Property which may be deemed to constitute personal property, or any other procedure whereby the Lien lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such real property portion of the Property.

Appears in 1 contract

Samples: Loan Agreement (Behringer Harvard Reit I Inc)

No Joint Assessment. No Borrower shall not and no Borrower shall permit any Owner to suffer, permit or initiate the joint assessment of the Property (i) with (a) any other real property constituting a tax lot separate from the applicable Individual Property, or and (bii) with any portion of the Property which may be deemed to constitute personal property, or any other procedure whereby the Lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to the Property.

Appears in 1 contract

Samples: Mezzanine Loan Agreement (Horizon Group Properties Inc)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of the Property with (a) any other real property constituting a tax lot separate from the Property, or (b) any portion of the Property which may be deemed to constitute personal 42 property, or any other procedure whereby the Lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to the Property.

Appears in 1 contract

Samples: Loan Agreement (Inland Western Retail Real Estate Trust Inc)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of the Property with (except as tenants in common) (a) with any other real property constituting a tax lot separate from the Property, or and (b) which constitutes real property with any portion of the Property which may be deemed to constitute personal property, or any other procedure whereby the Lien lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such real property portion of the Property.

Appears in 1 contract

Samples: Loan Agreement (Behringer Harvard Reit I Inc)

No Joint Assessment. No Borrower shall not suffer, permit or initiate the joint assessment of the Property (i) with (a) any other real property constituting a tax lot separate from the Property, or and (bii) with any portion of the Property which may be deemed to constitute personal property, or any other procedure whereby the Lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to the Property.

Appears in 1 contract

Samples: Loan Agreement (Horizon Group Properties Inc)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of the any Individual Property (i) with (a) any other real property constituting a tax lot separate from the that Individual Property, or and (bii) with any portion of the that Individual Property which may be deemed to constitute personal property, or any other procedure whereby the Lien lien of any taxes which may be levied against such that personal property shall be assessed or levied or charged to the that Individual Property.

Appears in 1 contract

Samples: Loan Agreement (Malan Realty Investors Inc)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of the Property with (a) any other real property constituting a tax lot separate from the Property, or (ba) any portion of the Property which may be deemed to constitute personal property, or any other procedure whereby the Lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to the Property.

Appears in 1 contract

Samples: Loan Agreement (Inland Western Retail Real Estate Trust Inc)

No Joint Assessment. No Individual Borrower shall not suffer, permit or initiate the joint assessment of the any Individual Property (i) with (a) any other real property constituting a tax lot separate from the such Individual Property, or and (bii) with any portion of the such Individual Property which that may be deemed to constitute personal property, -91- or any other procedure whereby the Lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to the such Individual Property.

Appears in 1 contract

Samples: Loan Agreement (Capstar Hotel Co)

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