Common use of Adjustment of Impositions Clause in Contracts

Adjustment of Impositions. Impositions imposed with respect to the tax period during which the Term expires or terminates shall be adjusted and prorated between Landlord and Tenant, whether or not such Imposition is imposed before or after such expiration or termination, so that Tenant is only obligated to pay that portion of such Imposition(s) pertaining to the tax period within the Term. The obligation of Tenant to pay its prorated share of Impositions shall survive expiration or earlier termination of this Lease.

Appears in 7 contracts

Samples: California Facilities Security Agreement (Iasis Healthcare Corp), __________ Lease (Emeritus Corp\wa\), Manor Lease (Unison Healthcare Corp)

AutoNDA by SimpleDocs

Adjustment of Impositions. Impositions imposed with in respect to of the tax tax-fiscal period during which the Term expires or terminates ends shall be adjusted and prorated between Landlord and Tenant, whether or not such Imposition is imposed before or after such expiration termination or terminationexpiration, so that Tenant is only obligated and Tenant's obligation to pay that portion of such Imposition(s) pertaining to the tax period within the Term. The obligation of Tenant to pay its their prorated share of Impositions thereof, if the same becomes due after such termination or expiration, shall survive expiration such termination or earlier termination of this Leaseexpiration.

Appears in 5 contracts

Samples: Master Lease (Integrated Health Services Inc), Master Lease (Monarch Properties Inc), Master Lease (Monarch Properties Inc)

Adjustment of Impositions. Impositions imposed with respect to the tax period during which the Term expires or terminates shall be adjusted and prorated between Landlord and Tenant, whether or not such Imposition is imposed before or after such expiration or termination, so that Tenant is only obligated to pay that portion of such Imposition(s) pertaining to the tax period within the Term. The obligation of Tenant to pay its prorated share of Impositions shall survive expiration or earlier termination of this Lease.or

Appears in 1 contract

Samples: Lease (Alternative Living Services Inc)

AutoNDA by SimpleDocs

Adjustment of Impositions. Impositions imposed with respect to the tax period during which the Term expires or terminates shall be adjusted and prorated between Landlord and Tenant, whether or not such Imposition is imposed before or after such expiration or termination, so that Tenant is only obligated to pay that portion of such Imposition(s) pertaining to the tax period within the Term. The obligation of Tenant to pay its prorated share of Impositions shall survive expiration or of earlier termination of this Lease.

Appears in 1 contract

Samples: Lease and Security Agreement (Balanced Care Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.