Treatment of Lease. Landlord and Tenant each agree to treat this Agreement as a true lease for tax purposes and as an operating lease for generally accepted accounting principles.
Appears in 12 contracts
Samples: Lease Agreement (Sentio Healthcare Properties Inc), Lease Agreement (CNL Retirement Properties Inc), Lease Agreement (American Retirement Corp)
Treatment of Lease. Landlord and Tenant each agree to treat this Agreement Lease as a true lease for tax purposes and as an operating lease for generally accepted accounting principles.
Appears in 2 contracts
Samples: Lease Agreement (CNL Hospitality Properties Inc), Lease Agreement (CNL Hospitality Properties Inc)