Common use of Reduction of Assessed Valuation Clause in Contracts

Reduction of Assessed Valuation. Tenant at its expense may, if it shall so desire, endeavor at any time or times to obtain a reduction in assessed valuation of the Leased Premises for the purpose of reducing Impositions thereon. Tenant shall be authorized to collect any tax refund payable as a result of any proceeding Tenant may institute for any such reduction in assessed value and any such tax refund shall be the property of Tenant (unless the same was paid by Xxxxxxxx and not reimbursed by Xxxxxx).

Reduction of Assessed Valuation. Tenant at its expense may, if it shall so desire, endeavor at any time or times to obtain a reduction in assessed valuation of the Leased Premises for the purpose of reducing Impositions thereon. Tenant shall be authorized to collect and keep any tax refund payable as a result of any proceeding Tenant may institute for any such reduction in assessed value and any such tax refund shall be the property of Tenant (unless the same was paid by Xxxxxxxx Landlord and not reimbursed by XxxxxxTenant).

Reduction of Assessed Valuation. Tenant at its expense may, if it shall so desire, endeavor at any time or times to obtain a reduction in assessed valuation of the Leased Premises for the purpose of reducing Impositions thereon. Tenant shall be authorized to collect any tax refund payable as a result of any proceeding Tenant may institute for any such reduction in assessed value and any such tax refund shall be the property of Tenant (unless the same was paid by Xxxxxxxx Landlord and not reimbursed by XxxxxxTenant).

Reduction of Assessed Valuation. Tenant at its expense may, if it shall so desire, endeavor at any time or times to obtain a reduction in assessed valuation of the Leased Premises for the purpose of reducing Impositions thereon. Tenant shall be authorized to collect and keep any tax refund payable as a result of any proceeding Tenant may institute for any such reduction in assessed value and any such tax refund shall be the property of Tenant (unless the same was paid by Xxxxxxxx and not reimbursed by Xxxxxx).