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

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

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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

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

Samples: 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 Lxxxxx’s and Lessor's ’s obligation to pay their respective prorated shares thereof shall survive such termination.

Appears in 3 contracts

Samples: 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.)

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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

Samples: 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

Samples: Lease Agreement (Emeritus Corp\wa\)

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