Common use of Separate Assessment Clause in Contracts

Separate Assessment. If the Premises are not separately assessed, Tenant’s liability shall be an equitable portion of the Property Taxes for all of the land and improvements included within the tax parcel assessed, such portion to be determined by Landlord from the respective valuations assigned in the assessor’s work sheet or such other information as may be reasonably available. Landlord’s reasonable determination thereof, in good faith, shall be conclusive.

Appears in 2 contracts

Samples: Lease Agreement (High Plains Gas, Inc.), Stock Purchase Agreement (Teletech Holdings Inc)

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Separate Assessment. If the Premises are not separately assessed, Tenant’s ------------------- Tenant'a liability shall be an equitable portion of the Property Taxes for all of the land and improvements included within the tax parcel assessed, such portion to be mutually determined by Landlord and Tenant from the respective valuations assigned in the assessor’s 's work sheet or such other information as may be reasonably available. Landlord’s reasonable determination thereof, in good faith, shall be conclusive.

Appears in 1 contract

Samples: Indemnification Agreement (Styrochem International LTD)

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Separate Assessment. If the Premises are not separately assessed, Tenant’s 's liability shall be an equitable portion of the Property Taxes for all of the land and improvements included within the tax parcel assessed, such portion to be determined by Landlord from the respective valuations assigned in the assessor’s 's work sheet or such other information as may be reasonably available. Landlord’s 's reasonable determination thereof, in good faith, shall be conclusive.

Appears in 1 contract

Samples: Hold Harmless Agreement (Catalytica Energy Systems Inc)

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