Common use of Proration of Impositions Clause in Contracts

Proration of Impositions. Impositions imposed in respect of the tax-fiscal period during which the Term terminates shall be prorated between Lessor and Lessee, whether or not such Imposition is imposed before or after such termination, and Lessee's and Lessor's obligation to pay their respective prorated shares thereof shall survive such termination.

Appears in 8 contracts

Sources: Lease Agreement (Integrated Living Communities Inc), Lease Agreement (Emeritus Corp\wa\), Lease Agreement (Balanced Care Corp)

Proration of Impositions. Impositions imposed in respect of the tax-fiscal period during which the Term terminates shall be prorated between Lessor and Lessee, whether or not such Imposition is imposed before or after such termination, and Lessee's L▇▇▇▇▇’s and Lessor's ’s obligation to pay their respective prorated shares thereof shall survive such termination.

Appears in 3 contracts

Sources: Assignment and Assumption of Lease (Global Medical REIT Inc.), Assignment and Assumption of Lease (Global Medical REIT Inc.), Assignment and Assumption of Lease (Global Medical REIT Inc.)

Proration of Impositions. Impositions Any Imposition imposed in respect of the tax-fiscal period during which the Term terminates shall be prorated between Lessor and Lessee, whether or not such Imposition is imposed before or after such termination, and Lessee's and Lessor's obligation to pay their respective prorated shares thereof shall survive such termination.

Appears in 3 contracts

Sources: Lease Agreement (Ramsay Health Care Inc), Lease Agreement (Ramsay Health Care Inc), Master Development Agreement (Grand Court Lifestyles Inc)

Proration of Impositions. Impositions imposed in respect of the ------------------------ tax-fiscal period during which the Term commences and terminates shall be prorated between Lessor and Lessee, whether or not such Imposition is imposed before or after such termination, and Lessee's and Lessor's obligation to pay their respective prorated shares thereof with respect to any tax period which relates to the period after termination of the Lease shall survive such termination.

Appears in 3 contracts

Sources: Lease Agreement (Emeritus Corp\wa\), Lease Agreement (Emeritus Corp\wa\), Lease Agreement (Emeritus Corp\wa\)

Proration of Impositions. Impositions imposed in respect of the tax-fiscal period during which the Term terminates shall be prorated between Lessor and Lessee, whether or not such Imposition is imposed before or after such termination, and Lessee's and Lessor's obligation to pay their respective prorated shares thereof shall survive such termination.

Appears in 1 contract

Sources: Lease Agreement (Builders Transport Inc)

Proration of Impositions. Impositions imposed in respect of the -------------------------- tax-fiscal period during which the Term commences and terminates shall be prorated between Lessor and Lessee, whether or not such Imposition is imposed before or after such termination, and Lessee's and Lessor's obligation to pay their respective prorated shares thereof with respect to any tax period which relates to the period after termination of the Lease shall survive such termination.

Appears in 1 contract

Sources: Lease Agreement (Emeritus Corp\wa\)