Common use of Basic Lease Term Clause in Contracts

Basic Lease Term. With respect to each Uncompleted Property, commencing on the Basic Lease Term Commencement Date therefor, and, with respect to any Improved Property, commencing on the Acquisition Date therefor, and without limitation of the rights of any Tax Indemnitee under any other indemnification provision of this Article XIII (including the immediately preceding clause(i)), the Lessee shall pay and assume liability for, and does hereby agree to indemnify, protect and defend the applicable Property and all Tax Indemnitees, and hold them harmless against, all Impositions on an After Tax Basis.