Common use of No Joint Assessment Clause in Contracts

No Joint Assessment. No Tenant shall suffer, permit or initiate the joint assessment of any Leased Property (i) with any other real property constituting a tax lot separate from such Leased Property, or (ii) with any portion of such Leased Property that may be deemed to constitute personal property, or any other procedure whereby the lien of any taxes that may be levied against any such personal property shall be assessed or levied or charged to such Leased Property.

Appears in 6 contracts

Samples: Master Lease Agreement (Assisted Living Concepts Inc), Master Lease Agreement (Emeritus Corp\wa\), Master Lease Agreement (Capital Senior Living Corp)

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

Appears in 5 contracts

Samples: Secured Note Agreement (General Motors Co), Secured Note Agreement (General Motors Co), Secured Debtor in Possession Credit Agreement (Motors Liquidation Co)

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No Joint Assessment. No Tenant shall suffer, permit or initiate the joint assessment of any Leased Property (i) with any other real property constituting a tax lot separate from such Leased Property, or (ii) with any portion of such Leased Property that may be deemed to constitute personal property, or any other procedure whereby the lien of any taxes that may be levied against any such personal property shall be assessed or levied or charged to such Leased Property.

Appears in 1 contract

Samples: Master Lease Agreement (Ventas Inc)

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