Common use of Reduction of Assessed Valuation Clause in Contracts

Reduction of Assessed Valuation. Subject to the provisions of Section 3.04, Tenant shall have the right to seek a reduction in the assessed valuation of each Property Location for real property tax purposes and to prosecute any action or proceeding in connection therewith.

Appears in 6 contracts

Samples: Master Lease (Spirit MTA REIT), Master Lease (Spirit Realty Capital, Inc.), Master Lease (Spirit Finance Corp)

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Reduction of Assessed Valuation. Subject to the provisions of Section 3.043.05, Tenant shall have the right to seek a reduction in the assessed valuation of each Property Location the Premises for real property tax purposes and to prosecute any action or proceeding in connection therewith.

Appears in 4 contracts

Samples: Lease (Federal Signal Corp /De/), Lease (Federal Signal Corp /De/), Lease (Autocam International LTD)

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Reduction of Assessed Valuation. Subject to the provisions of Section 3.04, Tenant shall have the right to seek a reduction in the assessed valuation of each Property Location the Premises for real property tax purposes and to prosecute any action or proceeding in connection therewith.

Appears in 2 contracts

Samples: Master Lease Agreement (Spirit MTA REIT), Master Lease Agreement (Spirit Realty Capital, Inc.)

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