No Joint Assessment. Borrowers shall not suffer, permit or initiate the joint assessment of any Collateral Property with (a) any other real property constituting a tax lot separate from such Collateral Property, or (b) any portion of such Collateral 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 Collateral Property.
Appears in 5 contracts
Samples: Revolving Credit Agreement (FelCor Lodging Trust Inc), Revolving Credit Agreement (FelCor Lodging LP), Revolving Credit Agreement (FelCor Lodging Trust Inc)
No Joint Assessment. Borrowers No Borrower shall not suffer, permit or initiate the joint assessment of any Collateral Property with (a) any other real property constituting a tax lot separate from such Collateral Property, or (b) any portion of such Collateral 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 Collateral Property.
Appears in 2 contracts
Samples: Loan Agreement (Westfield America Inc), Loan Agreement (Westfield America Inc)
No Joint Assessment. Borrowers Neither Owner nor Borrower shall not suffer, permit or initiate the joint assessment of any the Collateral Property with (a) any other real property constituting a tax lot separate from such the Collateral Property, or (b) any portion of such the Collateral 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 the Collateral Property.
Appears in 1 contract
No Joint Assessment. Borrowers shall not suffer, permit or initiate the joint assessment of any Collateral Property with (a) any other real property constituting a tax lot separate from such Collateral Property, or (b) any portion of such Collateral Property which that 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 Collateral Property.
Appears in 1 contract
Samples: Credit Agreement (FelCor Lodging LP)
