Common use of No Joint Assessment Clause in Contracts

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of any Individual Property with (a) any other real property constituting a tax lot separate from such Individual Property, or (b) any portion of such Individual Property which may be deemed to constitute personal property, or any other procedure whereby the Lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual Property.

Appears in 25 contracts

Samples: Loan Agreement (U-Store-It Trust), Loan Agreement (Meristar Hospitality Corp), Loan Agreement (U-Store-It Trust)

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No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of any Individual the Property with (a) with any other real property constituting a tax lot separate from such Individual Property, or the Property and (b) which constitutes real property with any portion of such Individual the Property which may be deemed to constitute personal property, or any other procedure whereby the Lien lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual real property portion of the Property.

Appears in 24 contracts

Samples: Loan and Security Agreement (Strategic Hotels & Resorts, Inc), Loan and Security Agreement (Strategic Hotels & Resorts, Inc), Loan and Security Agreement (Strategic Hotels & Resorts, Inc)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of any Individual the Property (i) with (a) any other real property constituting a tax lot separate from such Individual the Property, or and (bii) with any portion of such Individual the Property which may be deemed to constitute personal property, or any other procedure whereby the Lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual the Property.

Appears in 19 contracts

Samples: Loan Agreement, Loan Agreement (O'Donnell Strategic Industrial REIT, Inc.), Loan Agreement (NOVONIX LTD)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of any Individual Property with (a) any other real property constituting a tax lot separate from such the applicable Individual Property, or (b) any portion of such the applicable Individual Property which may be deemed to constitute personal property, or any other procedure whereby the Lien lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such the applicable Individual Property.

Appears in 16 contracts

Samples: Loan Agreement (Industrial Logistics Properties Trust), Loan Agreement (American Realty Capital Trust III, Inc.), Loan Agreement (Industrial Logistics Properties Trust)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of all or any Individual portion of the Property with (a) any other real property constituting a tax lot separate from such Individual the Property, or (b) any portion of such Individual the Property which may be deemed to constitute personal property, or any other procedure whereby the Lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual the Property.

Appears in 15 contracts

Samples: Loan Agreement (Inland Diversified Real Estate Trust, Inc.), Loan Agreement (Maguire Properties Inc), Loan Agreement (Inland Diversified Real Estate Trust, Inc.)

No Joint Assessment. Borrower shall has not suffersuffered, permit permitted or initiate initiated the joint assessment of any Individual Property of the Properties (i) with (a) any other real property constituting a separate tax lot separate from such Individual Propertylot, or (bii) with any portion of such Individual Property which may be deemed to constitute personal property, or any other procedure whereby the Lien of any taxes which Taxes that may be levied against such other real property or personal property shall be assessed or levied or charged to such Individual Propertyany of the Properties as a single Lien.

Appears in 13 contracts

Samples: Loan Agreement (Esl Partners, L.P.), Loan Agreement (Sears Holdings Corp), Loan Agreement (Sears Holdings Corp)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of any Individual Property with (a) with any other real property constituting a tax lot separate from such the applicable Individual Property, or and (b) which constitutes real property with any portion of such the applicable Individual Property which may be deemed to constitute personal property, or any other procedure whereby the Lien lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such real property portion of the Individual Property.

Appears in 12 contracts

Samples: Loan Agreement (Global Net Lease, Inc.), Loan Agreement (Strategic Storage Trust, Inc.), Loan Agreement (Necessity Retail REIT, Inc.)

No Joint Assessment. Borrower shall has not suffersuffered, permit permitted or initiate initiated the joint assessment of any Individual the Property (i) with (a) any other real property constituting a separate tax lot separate from such Individual Propertylot, or (bii) with any portion of such Individual Property which may be deemed to constitute personal property, or any other procedure whereby the Lien of any taxes which Taxes that may be levied against such other real property or personal property shall be assessed or levied or charged to such Individual Propertythe Property as a single Lien.

Appears in 12 contracts

Samples: Loan Agreement (Stratus Properties Inc), Loan Agreement (Carter Validus Mission Critical REIT, Inc.), Loan Agreement (Chesapeake Lodging Trust)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of any Individual Property with (a) with any other real property constituting a tax lot separate from such Individual Property, or and (b) which constitutes real property with any portion of such Individual Property which may be deemed to constitute personal property, or any other procedure whereby the Lien lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such real property portion of such Individual Property.

Appears in 7 contracts

Samples: Loan Agreement (Gramercy Capital Corp), Loan Agreement (Hilton Worldwide Holdings Inc.), Loan Agreement (Net Lease Office Properties)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of the real property comprising any Individual Property with (a) any other real property constituting a tax lot separate from such Individual Property, or (b) any portion of such Individual Property which may be deemed to constitute personal property, or any other procedure whereby the Lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual Propertyreal property.

Appears in 7 contracts

Samples: Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Stirling Hotels & Resorts, Inc.)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of any Individual Property with the Property, (a) with any other real property constituting a tax lot separate from such Individual Property, or the Property and (b) which constitutes real property with any portion of such Individual the Property which may be deemed to constitute personal property, or any other procedure whereby the Lien lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual real property portion of the Property.

Appears in 6 contracts

Samples: Loan and Security Agreement (Station Casinos Inc), Loan and Security Agreement (Bloomin' Brands, Inc.), Mezzanine Loan and Security Agreement (Bloomin' Brands, Inc.)

No Joint Assessment. Borrower shall not cause or permit Mortgage Borrower to suffer, permit or initiate the joint assessment of any Individual Property with (a) any other real property constituting a tax lot separate from such Individual Property, or (b) any portion of such Individual Property which may be deemed to constitute personal property, or any other procedure whereby the Lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual Property.

Appears in 6 contracts

Samples: Loan Agreement (Meristar Hospitality Corp), Loan Agreement (Meristar Hospitality Operating Partnership Lp), Mezzanine B Loan Agreement (Archstone Smith Operating Trust)

No Joint Assessment. Borrower Borrowers shall not suffer, permit or initiate initiate, and shall cause Mortgage Borrowers not to suffer, permit or initiate, the joint assessment of any Individual Property with (a) with any other real property constituting a tax lot separate from such Individual Property, or and (b) which constitutes real property with any portion of such Individual Property which may be deemed to constitute personal property, or any other procedure whereby the Lien lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual real property portion of the Property.

Appears in 6 contracts

Samples: Second Mezzanine Loan Agreement (Hard Rock Hotel Holdings, LLC), First Mezzanine Loan Agreement (Hard Rock Hotel Holdings, LLC), First Mezzanine Loan Agreement (Morgans Hotel Group Co.)

No Joint Assessment. Borrower shall not (and shall not permit Mortgage Borrower to) suffer, permit or initiate the joint assessment of any Individual Property with (a) any other real property constituting a tax lot separate from such the applicable Individual Property, or (b) any portion of such the applicable Individual Property which may be deemed to constitute personal property, or any other procedure whereby the Lien lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such the applicable Individual Property.

Appears in 6 contracts

Samples: Mezzanine a Loan Agreement (Morgans Hotel Group Co.), Mezzanine B Loan Agreement (Industrial Logistics Properties Trust), Mezzanine a Loan Agreement (Industrial Logistics Properties Trust)

No Joint Assessment. Borrower shall not suffer, permit or initiate (or permit Owner to suffer, permit or initiate) the joint assessment of any Individual the Property (i) with (a) any other real property constituting a tax lot separate from such Individual the Property, or and (bii) with any portion of such Individual the Property which may be deemed to constitute personal property, or any other procedure whereby the Lien lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual the Property.

Appears in 6 contracts

Samples: Mezzanine Loan Agreement (KBS Real Estate Investment Trust, Inc.), Mezzanine Loan Agreement (KBS Real Estate Investment Trust, Inc.), Mezzanine Loan Agreement (KBS Real Estate Investment Trust, Inc.)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of any Individual the Property with (a) with any other real property constituting a tax lot separate from such Individual the Property, or and (b) with any portion of such Individual the Property which may be deemed to constitute personal property, or any other action or procedure whereby the Lien lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual Propertythe Property or any portion thereof.

Appears in 6 contracts

Samples: Loan Agreement (Morgans Hotel Group Co.), Loan Agreement (American Realty Capital - Retail Centers of America, Inc.), Loan Agreement (Ionis Pharmaceuticals Inc)

No Joint Assessment. Borrower Mortgagor shall not suffer, permit or initiate the joint assessment of any Individual the Property with (a) any other real property constituting a tax lot separate from such Individual the Property, or (b) any portion of such Individual the Property which may be deemed to constitute personal property, or any other procedure whereby the Lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual Property.

Appears in 5 contracts

Samples: Guaranty and Security Agreement (General Motors Co), Guaranty and Security Agreement (General Motors Co), Guaranty and Security Agreement (General Motors Co)

No Joint Assessment. Borrower shall not permit Mortgage Borrower to suffer, permit or initiate the joint assessment of any Individual the Property with (a) any other real property constituting a tax lot separate from such Individual the Property, or (b) any portion of such Individual the Property which may be deemed to constitute personal property, or any other procedure whereby the Lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual the Property.

Appears in 5 contracts

Samples: Mezzanine Loan Agreement (Maguire Properties Inc), Junior Mezzanine Loan Agreement (Maguire Properties Inc), Mezzanine Loan Agreement (Prime Group Realty Trust)

No Joint Assessment. Borrower shall not and shall not permit Mortgage Borrower to suffer, permit or initiate the joint assessment of any Individual the Property with (a) with any other real property constituting a tax lot separate from such Individual the Property, or and (b) which constitutes real property with any portion of such Individual the Property which may be deemed to constitute personal property, or any other procedure whereby the Lien lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual real property portion of the Property.

Appears in 5 contracts

Samples: Mezzanine C Loan Agreement (Vici Properties Inc.), Loan Agreement (Vici Properties Inc.), Loan Agreement (Vici Properties Inc.)

No Joint Assessment. Borrower Borrowers shall not suffer, permit or initiate the joint assessment of any Individual Collateral Property with (a) any other real property constituting a tax lot separate from such Individual Collateral Property, or (b) any portion of such Individual Collateral Property which may be deemed to constitute personal property, or any other procedure whereby the Lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual Collateral Property.

Appears in 4 contracts

Samples: Term Loan Agreement (FelCor Lodging Trust Inc), Revolving Credit Agreement (FelCor Lodging Trust Inc), Revolving Credit Agreement (FelCor Lodging LP)

No Joint Assessment. Borrower shall not cause or permit Mortgage Borrower to suffer, permit or initiate the joint assessment of any Individual Property with (a) with any other real property constituting a tax lot separate from such Individual Property, or and (b) which constitutes real property with any portion of such Individual Property which may be deemed to constitute personal property, or any other procedure whereby the Lien lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such real property portion of the Individual Property.

Appears in 4 contracts

Samples: Property Management Agreement (Sunstone Hotel Investors, Inc.), Loan Agreement (Highland Hospitality Corp), Property Management Agreement (Sunstone Hotel Investors, Inc.)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of any Individual Property (i) with (a) any other real property constituting a tax lot separate from such any Individual Property, or and (bii) with any portion of such any Individual Property which may be deemed to constitute personal property, or any other procedure whereby the Lien lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such any Individual Property.

Appears in 4 contracts

Samples: Loan Agreement (Americold Realty Trust), Loan Agreement (Americold Realty Trust), Loan Agreement (Americold Realty Trust)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of any Individual its Property with (a) any other real property constituting a tax lot separate from such Individual the Property, or (b) any portion of such Individual the Property which may be deemed to constitute personal property, or any other procedure whereby the Lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual the Property.

Appears in 4 contracts

Samples: Loan Agreement (City Office REIT, Inc.), Loan Agreement (Inland Western Retail Real Estate Trust Inc), Loan Agreement (Inland Western Retail Real Estate Trust Inc)

No Joint Assessment. Borrower Borrowers shall not suffer, permit or initiate the joint assessment of any Individual Property with (a) with any other real property constituting a tax lot separate from such Individual Property, or and (b) which constitutes real property with any portion of such Individual Property which may be deemed to constitute personal property, or any other procedure whereby the Lien lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual real property portion of the Property.

Appears in 4 contracts

Samples: Loan Agreement (Hard Rock Hotel Holdings, LLC), Loan Agreement (Hard Rock Hotel Holdings, LLC), Loan Agreement (Morgans Hotel Group Co.)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of any Individual the Property with (a) with any other real property constituting a tax lot separate from such Individual the Property, or and (b) any portion of such Individual the Property which may be deemed to constitute personal property, or any other procedure whereby the Lien lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual real property portion of the Property.

Appears in 4 contracts

Samples: Loan Agreement (Inland Diversified Real Estate Trust, Inc.), Loan Agreement (Inland Diversified Real Estate Trust, Inc.), Loan Agreement (Inland Diversified Real Estate Trust, Inc.)

No Joint Assessment. No Borrower shall not sufferhas suffered, permit permitted or initiate initiated the joint assessment of any Individual Property of the Properties (i) with (a) any other real property constituting a separate tax lot separate from such Individual Propertylot, or (bii) with any portion of such Individual Property which may be deemed to constitute personal property, or any other procedure whereby the Lien of any taxes Taxes which may be levied against such other real property or personal property shall be assessed or levied or charged to such Individual Propertyany of the Properties as a single Lien.

Appears in 4 contracts

Samples: Loan Agreement (Gramercy Capital Corp), Senior Mezzanine Loan Agreement (KBS Real Estate Investment Trust, Inc.), Loan Agreement (Gramercy Capital Corp)

No Joint Assessment. No Borrower shall not suffer, permit or initiate the joint assessment of any Individual Property (i) with (a) any other real property constituting a tax lot separate from such Individual Property, or and (bii) with any portion of such Individual Property which may be deemed to constitute personal property, or any other procedure whereby the Lien lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual Property.

Appears in 4 contracts

Samples: Loan Agreement (Inland Diversified Real Estate Trust, Inc.), Loan Agreement (Gramercy Capital Corp), Loan Agreement (Supertel Hospitality Inc)

No Joint Assessment. Borrower shall not and shall not permit Operating Company to suffer, permit or initiate the joint assessment of any Individual the Property with (a) with any other real property constituting a tax lot separate from such Individual the Property, or and (b) with any portion of such Individual the Property which may be deemed to constitute personal propertyPersonal Property, or any other procedure whereby the Lien lien of any taxes which may be levied against such personal property Personal Property shall be assessed or levied or charged to such Individual the Property.

Appears in 3 contracts

Samples: Loan Agreement (Empire State Realty Trust, Inc.), Loan Agreement (Empire State Realty Trust, Inc.), Loan Agreement (Empire State Building Associates L.L.C.)

No Joint Assessment. Borrower shall not cause or permit Mortgage Borrower or Property Owner to suffer, permit or initiate the joint assessment of any Individual Property with (a) with any other real property constituting a tax lot separate from such Individual Property, or and (b) which constitutes real property with any portion of such Individual Property which may be deemed to constitute personal property, or any other procedure whereby the Lien lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such real property portion of the Individual Property.

Appears in 3 contracts

Samples: Management Agreement (ESH Hospitality LLC), Management Agreement (ESH Hospitality LLC), Management Agreement (ESH Hospitality LLC)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of any Individual the real property comprising the Property with (a) any other real property constituting a tax lot separate from such Individual the Property, or (b) any portion of such Individual the Property which may be deemed to constitute personal property, or any other procedure whereby the Lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual Propertyreal property.

Appears in 3 contracts

Samples: Loan Agreement (Independence Realty Trust, Inc), Loan Agreement (MVP REIT II, Inc.), Loan Agreement (MVP REIT, Inc.)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of any Individual Property with (a) with any other real property constituting a tax lot separate from such Individual Property, or and (b) which constitutes real property with any portion of such Individual Property which may be deemed to constitute personal property, or any other procedure whereby the Lien lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such real property portion of the Individual Property, except as required by Legal Requirements.

Appears in 3 contracts

Samples: Loan Agreement (Harrahs Entertainment Inc), Loan Agreement (Harrahs Entertainment Inc), Recognition Agreement (Harrahs Entertainment Inc)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of any Individual Property (i) with (a) any other real property constituting a tax lot separate from such Individual Property, or and (bii) with any portion of such Individual Property which may be deemed to constitute personal property, or any other procedure whereby the Lien lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual Property.

Appears in 3 contracts

Samples: Loan Agreement (Uniprop Manufactured Housing Communities Income Fund), Loan Agreement (Innkeepers Usa Trust/Fl), Loan Agreement (Innkeepers Usa Trust/Fl)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of any Individual Property with (a) any other real property Property constituting a tax lot separate from such Individual Property, or (b) any portion of such Individual Property which may be deemed to constitute personal property, or any other procedure whereby the Lien of any taxes which may be levied against such personal property Property shall be assessed or levied or charged to such Individual Property.

Appears in 3 contracts

Samples: Loan Agreement (Cole Credit Property Trust II Inc), Loan Agreement (Netreit, Inc.), Loan Agreement (Spirit Realty Capital, Inc.)

No Joint Assessment. Borrower Borrowers shall not suffer, permit or initiate the joint assessment of all or any Individual Property with portion of the Properties (a) with any other real property constituting a tax lot separate from such Individual Propertythe Properties, or (b) which constitutes real property with any portion of such Individual Property the Properties which may be deemed to constitute personal property, or any other procedure whereby the Lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual Propertyreal property portion of the Properties.

Appears in 3 contracts

Samples: Pledge and Security Agreement (MPG Office Trust, Inc.), Pledge and Security Agreement (MPG Office Trust, Inc.), Loan Agreement (Maguire Properties Inc)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of any Individual the Property (i) with (a) any other real property constituting a tax lot separate from such Individual Property, or the Property and (bii) with any portion of such Individual the Property which may be deemed to constitute personal property, or any other procedure whereby the Lien lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual the Property.

Appears in 3 contracts

Samples: Loan Agreement (Prime Group Realty Trust), Loan Agreement (Prime Group Realty Trust), Loan Agreement (Prime Group Realty Trust)

No Joint Assessment. The Borrower shall not, and shall not permit any Subsidiary to, suffer, permit or initiate the joint assessment of any Individual Mortgaged Property with (a) any other real property constituting a tax lot separate from such Individual Mortgaged Property, or (b) any portion of such Individual Mortgaged Property which may be deemed to constitute personal property, or any other procedure whereby the Lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual Mortgaged Property.

Appears in 3 contracts

Samples: Credit Agreement (Pep Boys Manny Moe & Jack), Credit Agreement (Pep Boys Manny Moe & Jack), Credit Agreement (Pep Boys Manny Moe & Jack)

No Joint Assessment. Borrower shall has not suffersuffered, permit permitted or initiate initiated the joint assessment of any Individual Property the Properties (i) with (a) any other real property constituting a separate tax lot separate from such Individual Propertylot, or (bii) with any portion of such Individual Property which may be deemed to constitute personal property, or any other procedure whereby the Lien of any taxes Taxes which may be levied against such other real property or personal property shall be assessed or levied or charged to such Individual Propertythe Properties as a single Lien.

Appears in 3 contracts

Samples: Management Agreement (American Casino & Entertainment Properties LLC), Management Agreement (American Casino & Entertainment Properties LLC), Loan Agreement (Republic Property Trust)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of any Individual that portion of the Property with constituting real property (a) with any other real property constituting a tax lot separate from such Individual Property, or the Property and (b) with any portion of such Individual the Property which may be deemed to constitute personal property, or any other procedure whereby the Lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual Propertythat portion of the Property constituting real property.

Appears in 3 contracts

Samples: Loan Agreement (Moody National REIT I, Inc.), Loan Agreement (Moody National REIT I, Inc.), Loan Agreement (Moody National REIT I, Inc.)

No Joint Assessment. No Individual Borrower shall not suffer, permit or initiate the joint assessment of any its Individual Property with (a) with any other real property constituting a tax lot separate from such Individual Property, or and (b) any portion of such Individual Property which may be deemed to constitute personal property, or any other procedure whereby the Lien lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such real property portion of such Individual Property.

Appears in 3 contracts

Samples: Loan Agreement (Inland Real Estate Income Trust, Inc.), Loan Agreement (Inland Diversified Real Estate Trust, Inc.), Loan Agreement (Inland Diversified Real Estate Trust, Inc.)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of any Individual the Property with (a) any other real property constituting a tax lot separate from such Individual the Property, or (b) any portion of such Individual the Property which may be deemed to constitute personal property, or any other procedure whereby the Lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual the Property.

Appears in 3 contracts

Samples: Loan Agreement (Innkeepers Usa Trust/Fl), Loan Agreement (Innkeepers Usa Trust/Fl), Loan Agreement (Innkeepers Usa Trust/Fl)

No Joint Assessment. Borrower shall has not suffersuffered, permit permitted or initiate initiated the joint assessment of any Individual the Property (i) with (a) any other real property constituting a separate tax lot separate from such Individual Propertylot, or (bii) with any portion of such Individual Property which may be deemed to constitute personal property, or any other procedure whereby the Lien of any taxes Taxes which may be levied against such other real property or personal property shall be assessed or levied or charged to such Individual Propertythe Property as a single Lien.

Appears in 3 contracts

Samples: Loan Agreement (Glimcher Realty Trust), Loan Agreement (Alexanders Inc), Loan Agreement (Las Vegas Sands Inc)

No Joint Assessment. Borrower shall not cause or permit Mortgage Borrower to suffer, permit or initiate the joint assessment of all or any Individual portion of the Property with (a) any other real property constituting a tax lot separate from such Individual the Property, or (b) any portion of such Individual the Property which may be deemed to constitute personal property, or any other procedure whereby the Lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual the Property.

Appears in 3 contracts

Samples: Loan Agreement (Maguire Properties Inc), Loan Agreement (Maguire Properties Inc), Mezzanine Loan Agreement (CNL Income Properties Inc)

No Joint Assessment. No Borrower shall not suffer, permit or initiate the joint assessment of any Individual Property with of the Properties (a) with each other, (b) with any other real property constituting a tax lot separate from such Individual Propertyany of the Properties, or (bc) with any portion of such Individual any Property which may be deemed to constitute personal property, or any other procedure whereby the Lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual any Property.

Appears in 3 contracts

Samples: Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Ashford Hospitality Trust Inc)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of any Individual Property with (a) with any other real property constituting a tax lot separate from such Individual Property, or and (b) which constitutes real property with any portion of such Individual Property which may be deemed to constitute personal property, or any other procedure whereby the Lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such real property portion of such Individual Property.

Appears in 3 contracts

Samples: Loan Agreement (Brixmor Property Group Inc.), Senior Mezzanine Loan Agreement (Brixmor Property Group Inc.), Loan Agreement (Brixmor Property Group Inc.)

No Joint Assessment. Borrower shall not permit Mortgage Borrower to suffer, permit or initiate the joint assessment of any Individual the Property with (a) with any other real property constituting a tax lot separate from such Individual the Property, or and (b) which constitutes real property with any portion of such Individual the Property which may be deemed to constitute personal property, or any other procedure whereby the Lien lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual real property portion of the Property.

Appears in 3 contracts

Samples: Mezzanine Loan Agreement (TNP Strategic Retail Trust, Inc.), Senior Mezzanine Loan Agreement (Ashford Hospitality Prime, Inc.), Junior Mezzanine Loan Agreement (Ashford Hospitality Prime, Inc.)

No Joint Assessment. Borrower shall not cause or permit Mortgage Borrower to suffer, permit or initiate the joint assessment of any Individual the real property comprising the Property with (a) any other real property constituting a tax lot separate from such Individual the Property, or (b) any portion of such Individual the Property which may be deemed to constitute personal property, or any other procedure whereby the Lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual Propertyreal property.

Appears in 3 contracts

Samples: Senior Mezzanine Loan Agreement (Ashford Hospitality Trust Inc), Senior Mezzanine Loan Agreement (Ashford Hospitality Trust Inc), Senior Mezzanine Loan Agreement (Ashford Hospitality Trust Inc)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of any Individual the Property with (a) any other real property constituting a tax lot separate from such Individual the Property, or (b) any portion of such Individual the Property which may be deemed to constitute personal property, or any other procedure whereby the Lien lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual the real property portion of the Property.

Appears in 3 contracts

Samples: Loan Agreement (Cole Credit Property Trust III, Inc.), Loan Agreement (Cole Corporate Income Trust, Inc.), Loan Agreement (Cole Credit Property Trust Iv, Inc.)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of any Individual the Property (i) with (a) any other real property constituting a tax lot separate from such Individual the Property, or and (bii) unless required by applicable law, with any portion of such Individual the Property which may be deemed to constitute personal property, or any other procedure whereby the Lien lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual the Property.

Appears in 3 contracts

Samples: Loan Agreement (Colony Resorts LVH Acquisitions LLC), Loan Agreement (Colony Resorts LVH Acquisitions LLC), Loan Agreement (Thomas Properties Group Inc)

No Joint Assessment. Neither Borrower nor Operating Lessee shall not suffer, permit or initiate the joint assessment of any Individual Property (i) with (a) any other real property constituting a tax lot separate from such Individual Property, or and (bii) with any portion of such Individual Property which may be deemed to constitute personal property, or any other procedure whereby the Lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual Property.

Appears in 3 contracts

Samples: Loan Agreement (Hospitality Investors Trust, Inc.), Loan Agreement (Hospitality Investors Trust, Inc.), Loan Agreement (Hospitality Investors Trust, Inc.)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of any Individual the portion of the Property which constitutes real property (i) with (a) any other real property constituting a tax lot separate from such Individual Property, the Property or (bii) with any portion of such Individual the Property which may be deemed to constitute personal property, or any other procedure whereby the Lien lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual Propertythe portion of the Property which constitutes real property.

Appears in 3 contracts

Samples: Loan Agreement (Urban Edge Properties), Loan Agreement (Alexanders Inc), Loan Agreement (Alexanders Inc)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of any Individual Property (i) with (a) any other real property constituting a tax lot separate from such Individual Property, or and (bii) with any portion of such Individual Property which may be deemed to constitute personal property, or any other procedure whereby the Lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual Property.

Appears in 3 contracts

Samples: Loan Agreement (Clipper Realty Inc.), Loan Agreement (Clipper Realty Inc.), Loan Agreement (Clipper Realty Inc.)

No Joint Assessment. Borrower shall not (and shall not permit Mortgage Borrower to) suffer, permit or initiate the joint assessment of any Individual the Property (i) with (a) any other real property constituting a tax lot separate from such Individual the Property, or and (bii) with any portion of such Individual the Property which may be deemed to constitute personal property, or any other procedure whereby the Lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual the Property.

Appears in 2 contracts

Samples: Second Mezzanine Loan Agreement (Clipper Realty Inc.), First Mezzanine Loan Agreement (Clipper Realty Inc.)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of the Property or any Individual Property with portion thereof (a) with any other real property constituting a tax lot separate from such Individual the Property, or and (b) which constitutes real property with any portion of such Individual the Property which may be deemed to constitute personal property, or any other procedure whereby the Lien of any taxes Taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual real property portion of the Property.

Appears in 2 contracts

Samples: Building Loan Agreement (KBS Strategic Opportunity REIT, Inc.), Loan Agreement (Lightstone Value Plus Real Estate Investment Trust V, Inc.)

No Joint Assessment. No Borrower shall not suffer, permit or initiate the joint assessment of any Individual Property with (a) with any other real property constituting a tax lot separate from such Individual the related Property, or and (b) with any portion of such Individual the applicable Property which may be deemed to constitute personal property, or any other procedure whereby the Lien lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual Property.

Appears in 2 contracts

Samples: Loan Agreement (Industrial Logistics Properties Trust), Loan Agreement (Industrial Logistics Properties Trust)

No Joint Assessment. No Borrower shall not suffer, permit or initiate the joint assessment of any Individual Property (i) with (a) any other real property constituting a tax lot separate from such Individual Property, or and (bii) with any portion of such Individual Property which may be deemed to constitute other personal property, or any other procedure whereby the Lien lien of any taxes which may be levied against such other personal property shall be assessed or levied or charged to such Individual Property.

Appears in 2 contracts

Samples: Loan Agreement (Lodgian Inc), Loan Agreement (Servico Market Center Inc)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of any Individual Property with (a) any other real property constituting a tax lot separate from such the related Individual Property, or (b) any portion of such the related Individual Property which may be deemed to constitute personal property, or any other procedure whereby the Lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such the related Individual Property.

Appears in 2 contracts

Samples: Loan Agreement (Bon Ton Stores Inc), Loan Agreement (Bon Ton Stores Inc)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of any Individual the Property with (a) with any other real property constituting a tax lot separate from such Individual the Property, or and (b) with any portion of such Individual the Property which may be deemed to constitute personal property, or any other procedure whereby the Lien lien of any taxes Taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual the Property.

Appears in 2 contracts

Samples: Loan Agreement (Hilton Worldwide Holdings Inc.), Loan Agreement (Sothebys)

No Joint Assessment. Borrower shall not, and shall not allow Senior Borrower to, suffer, permit or initiate the joint assessment of any Individual Property with (a) with any other real property constituting a tax lot separate from such Individual Property, or and (b) which constitutes real property with any portion of such Individual Property which may be deemed to constitute personal property, or any other procedure whereby the Lien lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such real property portion of such Individual Property.

Appears in 2 contracts

Samples: Mezzanine Loan Agreement (W. P. Carey Inc.), Mezzanine Loan Agreement (Net Lease Office Properties)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of any Individual Property with (a) any other real property constituting a tax lot separate from such Individual Property, or (b) any portion of such Individual Property which may be deemed to constitute personal property, or any other procedure whereby the Lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual the Property.

Appears in 2 contracts

Samples: Loan Agreement (Sun Communities Inc), Loan Agreement (Sun Communities Inc)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of any Individual Property with (a) with any other real property constituting a tax lot separate from such any Individual Property, or and (b) which constitutes real property with any portion of such any Individual Property which may be deemed to constitute personal property, or any other procedure whereby the Lien lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such real property portion of any Individual Property.

Appears in 2 contracts

Samples: Loan Agreement (Cole Credit Property Trust III, Inc.), Loan Agreement (Cole Credit Property Trust III, Inc.)

No Joint Assessment. Neither Borrower nor Operating Lessee shall not suffer, permit or initiate the joint assessment of any Individual Property (i) with (a) any other real property constituting a tax lot separate from such Individual Property, or and (bii) with any portion of such any Individual Property which may be deemed to constitute personal property, or any other procedure whereby the Lien lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such any Individual Property.

Appears in 2 contracts

Samples: Management Agreement (Ashford Hospitality Prime, Inc.), Assignment and Assumption Agreement (Supertel Hospitality Inc)

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No Joint Assessment. Borrower shall not suffer, permit or initiate initiate, or cause Mortgage Borrower or Operating Lessee to suffer, permit or initiate, the joint assessment of any Individual Property with (a) with any other real property constituting a tax lot separate from such Individual Property, or and (b) which constitutes real property with any portion of such Individual Property which may be deemed to constitute personal property, or any other procedure whereby the Lien lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such real property portion of the Individual Property.

Appears in 2 contracts

Samples: Mezzanine B Loan Agreement (BRE Select Hotels Corp), Mezzanine a Loan Agreement (BRE Select Hotels Corp)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of all or any Individual portion of any Property with (a) any other real property constituting a tax lot separate from such Individual Property, or (b) any portion of such Individual Property which may be deemed to constitute personal property, or any other procedure whereby the Lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual Property.

Appears in 2 contracts

Samples: Loan Agreement (Global Medical REIT Inc.), Loan Agreement (Global Medical REIT Inc.)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of any Individual Property with (a) with any other real property constituting a tax lot separate from such Individual Property, or and (b) which constitutes real property with any portion of such Individual Property which may be deemed to constitute personal property, or any other procedure whereby the Lien lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual real property portion of such Property.

Appears in 2 contracts

Samples: Loan Agreement (Amerco /Nv/), Loan Agreement (AG Mortgage Investment Trust, Inc.)

No Joint Assessment. Borrower shall not suffer, permit or initiate (or permit Owner to suffer, permit or initiate) the joint assessment of any Individual Property (i) with (a) any other real property constituting a tax lot separate from such Individual Property, or and (bii) with any portion of such Individual Property which may be deemed to constitute personal property, or any other procedure whereby the Lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual Property.

Appears in 2 contracts

Samples: Mezzanine Loan Agreement (W2007 Grace Acquisition I Inc), Mezzanine Loan Agreement (American Realty Capital Hospitality Trust, Inc.)

No Joint Assessment. Borrower shall not not, nor shall Borrower permit Mortgage Borrower to, suffer, permit or initiate the joint assessment of any Individual Property (i) with (a) any other real property constituting a tax lot separate from such Individual Property, or and (bii) with any portion of such Individual Property which may be deemed to constitute personal property, or any other procedure whereby the Lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual Property.

Appears in 2 contracts

Samples: First Mezzanine Loan Agreement (Clipper Realty Inc.), First Mezzanine Loan Agreement (Clipper Realty Inc.)

No Joint Assessment. No Borrower shall not suffer, permit or initiate the joint assessment of any Individual Property (i) with (a) any other real property constituting a tax lot separate from such Individual Property, or and (bii) with any portion of such Individual Property which may reasonably be expected to be deemed to constitute personal property, or any other procedure whereby the Lien lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual Property.

Appears in 2 contracts

Samples: Loan Agreement (American Finance Trust, Inc), Loan Agreement (American Realty Capital New York City REIT, Inc.)

No Joint Assessment. No Borrower shall not suffer, permit or initiate the joint assessment of any Individual Property (i) with (a) any other real property constituting a tax lot separate from such Individual Property, or and (bii) with any portion of such Individual Property which may be deemed to constitute personal property, or any other procedure whereby the Lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual Property.

Appears in 2 contracts

Samples: Loan Agreement (Generation Income Properties, Inc.), Loan Agreement (Generation Income Properties, Inc.)

No Joint Assessment. No Borrower shall not suffer, permit or initiate the joint assessment of any Individual Collateral Property with (a) any other real property constituting a tax lot separate from such Individual Collateral Property, or (b) any portion of such Individual Collateral Property which may be deemed to constitute personal property, or any other procedure whereby the Lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual Collateral Property.

Appears in 2 contracts

Samples: Loan Agreement (Westfield America Inc), Loan Agreement (Westfield America Inc)

No Joint Assessment. Borrower shall not permit Mortgage Borrower to suffer, permit or initiate the joint assessment of any Individual the Property with (a) with any other real property constituting a tax lot separate from such Individual the Property, or and (b) with any portion of such Individual the Property which may be deemed to constitute personal property, or any other procedure whereby the Lien lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual the Property.

Appears in 2 contracts

Samples: Mezzanine a Loan Agreement (Telx Group, Inc.), Mezzanine B Loan Agreement (Telx Group, Inc.)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of any Individual the Property (i) with (a) any other real property constituting a tax lot separate from such Individual the Property, or and (bii) with any portion of such Individual Property which may be deemed to constitute other personal property, or any other procedure whereby the Lien lien of any taxes which may be levied against such other personal property shall be assessed or levied or charged to such Individual the Property.

Appears in 2 contracts

Samples: Loan Agreement (Servico Market Center Inc), Loan Agreement (Servico Market Center Inc)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of any Individual Property with (a) any other real property constituting a tax lot separate from such Individual Property, or (b) any portion of such Individual Property which may be deemed to constitute personal property, or any other procedure whereby the Lien lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual Property.

Appears in 2 contracts

Samples: Loan Agreement (American Realty Capital Trust III, Inc.), Loan Agreement (Strategic Storage Trust, Inc.)

No Joint Assessment. Borrower shall has not suffersuffered, permit permitted or initiate initiated the joint assessment of any Individual the Property (i) with (a) any other real property constituting a separate tax lot separate from such Individual Propertylot, or (bii) with any portion of such Individual Property which may be deemed to constitute personal property, or any other procedure whereby the Lien lien of any taxes Taxes which may be levied against such other real property or personal property shall be assessed or levied or charged to such Individual Propertythe Property as a single Lien.

Appears in 2 contracts

Samples: Loan Agreement (KBS Real Estate Investment Trust II, Inc.), Loan Agreement (Reckson Associates Realty Corp)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of any Individual Property (i) with (a) any other real property constituting a tax lot separate from such Individual Property, or and (bii) with any portion of such Individual Property which may be deemed to constitute personal property, or any other procedure whereby the Lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual Property.

Appears in 2 contracts

Samples: Loan Agreement (W2007 Grace Acquisition I Inc), Loan Agreement (American Realty Capital Hospitality Trust, Inc.)

No Joint Assessment. Borrower shall not cause or permit Mortgage Borrower or Operating Lessee to suffer, permit or initiate the joint assessment of any Individual Property with (a) with any other real property constituting a tax lot separate from such Individual Property, or (b) which constitutes real property with any portion of such Individual Property which may be deemed to constitute personal property, or any other procedure whereby the Lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such real property portion of such Individual Property.

Appears in 2 contracts

Samples: Mezzanine a Loan Agreement (BRE Select Hotels Corp), Mezzanine B Loan Agreement (BRE Select Hotels Corp)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of any Individual the Property with (a) with any other real property constituting a tax lot separate from such Individual the Property, or and (b) which constitutes real property with any portion of such Individual the Property which may be deemed to constitute personal property, or any other procedure whereby the Lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual real property portion of the Property.

Appears in 2 contracts

Samples: Loan Agreement (City Office REIT, Inc.), Loan Agreement (Brixmor Property Group Inc.)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of any Individual Property the Borrowing Base Properties (i) with (a) any other real property constituting a tax lot separate from such Individual Propertythe Borrowing Base Properties, or and (bii) with any portion of such Individual Property the Borrowing Base Properties which may be deemed to constitute personal property, or any other procedure whereby the Lien lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual Propertythe Borrowing Base Properties.

Appears in 2 contracts

Samples: Loan Agreement (GTJ REIT, Inc.), Loan Agreement (GTJ REIT, Inc.)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of any Individual the Property with (a) with any other real property constituting a tax lot separate from such Individual Property, or the Property and (b) which constitutes real property with any portion of such Individual the Property which may be deemed to constitute personal propertyPersonal Property, or any other procedure whereby the Lien of any taxes which may be levied against such personal property Personal Property shall be assessed or levied or charged to such Individual real property portion of the Property.

Appears in 2 contracts

Samples: Loan Agreement (Cole Credit Property Trust Iv, Inc.), Loan Agreement (AmREIT, Inc.)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of any Individual portion of the Property with (a) with any other real property constituting a tax lot separate from such Individual the Property, or (b) which constitutes real property with any portion of such Individual the Property which may be deemed to constitute personal property, or any other procedure whereby the Lien lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to the such Individual real property portion of the Property.

Appears in 2 contracts

Samples: Loan Agreement (Glimcher Realty Trust), Loan Agreement (Glimcher Realty Trust)

No Joint Assessment. Borrower shall not suffer, knowingly permit or initiate the joint assessment of any Individual the Property with (a) with any other real property constituting a tax lot separate from such Individual the Property, or and (b) which constitutes real property with any portion of such Individual the Property which may be deemed to constitute personal property, or any other procedure whereby the Lien lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual real property portion of the Property.

Appears in 2 contracts

Samples: Loan Agreement (Procaccianti Hotel Reit, Inc.), Loan Agreement (Procaccianti Hotel Reit, Inc.)

No Joint Assessment. Except as set forth on Schedule XXXI hereto, Borrower shall not suffer, permit or initiate the joint assessment of any Individual Property with (a) any other real property constituting a tax lot separate from such the applicable Individual Property, or (b) any portion of such the applicable Individual Property which may be deemed to constitute personal property, or any other procedure whereby the Lien lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such the applicable Individual Property.

Appears in 2 contracts

Samples: Loan Agreement (Northstar Realty Finance Corp.), Loan Agreement (NorthStar Healthcare Income, Inc.)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of all or any Individual portion of the Property with (a) with any other real property constituting a tax lot separate from such Individual the Property, or (b) which constitutes real property with any portion of such Individual the Property which may be deemed to constitute personal property, or any other procedure whereby the Lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual real property portion of the Property.

Appears in 2 contracts

Samples: Loan Agreement (Maguire Properties Inc), Loan Agreement (MPG Office Trust, Inc.)

No Joint Assessment. Borrower shall not suffer, permit or initiate (other than as currently in effect with respect to the other respective Units in the Condominium) the joint assessment of the real property comprising any Individual Property with (a) any other real property constituting a tax lot separate from such Individual Property, or (b) any portion of such Individual Property which may be deemed to constitute personal property, or any other procedure whereby the Lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual Propertyreal property.

Appears in 2 contracts

Samples: Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Ashford Hospitality Trust Inc)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of any Individual Property with (a) with any other real property constituting a tax lot separate from such Individual Property, or and (b) b)which constitutes real property with any portion of such Individual Property which may be deemed to constitute personal property, or any other procedure whereby the Lien lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such real property portion of the Individual Property.

Appears in 2 contracts

Samples: Loan Agreement (Inland Real Estate Corp), Loan Agreement (Inland Real Estate Corp)

No Joint Assessment. Borrower Borrowers shall not suffer, permit or initiate the joint assessment of any Individual Property (i) with (a) any other real property constituting a tax lot separate from such Individual Property, or and (bii) unless required by applicable law, with any portion of such Individual Property which may be deemed to constitute personal property, or any other procedure whereby the Lien lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual the applicable Property.

Appears in 2 contracts

Samples: Loan Agreement (Strategic Hotel Capital Inc), Loan Agreement (Strategic Hotel Capital Inc)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of any Individual the Property with (a) with any other real property constituting a tax lot separate from such Individual Property, or the Property and (b) with any portion of such Individual the Property which may be deemed to constitute personal property, or any other procedure whereby the Lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual the Property.

Appears in 2 contracts

Samples: Loan Agreement (TNP Strategic Retail Trust, Inc.), Loan Agreement (American Realty Capital New York City REIT, Inc.)

No Joint Assessment. Borrower Borrowers shall not suffer, permit or initiate initiate, and shall not cause or permit Mortgage Borrowers to suffer, permit or initiate, the joint assessment of any Individual Property with (a) with any other real property constituting a tax lot separate from such Individual Property, or and (b) which constitutes real property with any portion of such Individual Property which may be deemed to constitute personal property, or any other procedure whereby the Lien lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual real property portion of the Property.

Appears in 2 contracts

Samples: First Mezzanine Loan Agreement (Hard Rock Hotel Holdings, LLC), Third Mezzanine Loan Agreement (Hard Rock Hotel Holdings, LLC)

No Joint Assessment. Borrower shall not permit Mortgage Borrower or Operating Lessee to suffer, permit or initiate the joint assessment of any Individual the Property with (a) with any other real property constituting a tax lot separate from such Individual the Property, or and (b) which constitutes real property with any portion of such Individual the Property which may be deemed to constitute personal property, or any other procedure whereby the Lien lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual real property portion of the Property.

Appears in 2 contracts

Samples: Loan Agreement (Strategic Hotels & Resorts, Inc), Loan Agreement (Strategic Hotels & Resorts, Inc)

No Joint Assessment. No Borrower shall not suffer, permit or initiate the joint assessment of any Individual Property with (a) with any other real property constituting a tax lot separate from such Individual Property, or Property and (b) with any portion of such Individual Property which may be deemed to constitute personal property, or any other procedure whereby the Lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual Property.

Appears in 2 contracts

Samples: Lease Agreement (American Realty Capital Hospitality Trust, Inc.), Lease Agreement (American Realty Capital Hospitality Trust, Inc.)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of all or any Individual portion of the Property with (a) any other real property constituting a tax lot separate from such Individual the Property, or (b) any portion of such Individual the Property which may be deemed to constitute personal property, or any other procedure whereby the Lien of any taxes which Taxes that may be levied against such personal property shall be assessed or levied or charged to such Individual the Property.

Appears in 2 contracts

Samples: Loan Agreement (Howard Hughes Corp), Loan Agreement (Lightstone Value Plus Real Estate Investment Trust V, Inc.)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of any Individual the Property with (a) any other real property constituting a tax lot separate from such Individual the Property, or (b) any portion of such Individual the Property which may be deemed to constitute personal property, or any other procedure whereby the Lien lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual the Property.. Section 4.22

Appears in 2 contracts

Samples: Loan Agreement (Silver Star Properties Reit, Inc), Loan Agreement (Silver Star Properties Reit, Inc)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of any Individual its Property with (a) any other real property constituting a tax lot separate from such Individual its Property, or (b) any portion of such Individual its Property which may be deemed to constitute personal property, or any other procedure whereby the Lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual its Property.

Appears in 2 contracts

Samples: Loan Agreement (City Office REIT, Inc.), Loan Agreement (City Office REIT, Inc.)

No Joint Assessment. No Borrower shall not suffer, permit or initiate the joint assessment of any the related Individual Property with (a) any other real property constituting a tax lot separate from such the related Individual Property, or (b) any portion of such the related Individual Property which may be deemed to constitute personal property, or any other procedure whereby the Lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such the related Individual Property.

Appears in 2 contracts

Samples: Loan Agreement (Extra Space Storage Inc.), Loan Agreement (Extra Space Storage Inc.)

No Joint Assessment. No Borrower shall not suffer, permit or initiate the joint assessment of all or any Individual portion of the Property with or Properties owned by such Borrower (a) with any other real property constituting a tax lot separate from the Property or Properties owned by such Individual PropertyBorrower, or and (b) which constitutes real property with any portion of the Property or Properties owned by such Individual Property Borrower which may be deemed to constitute personal property, or any other procedure whereby the Lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual Property.

Appears in 2 contracts

Samples: Loan Agreement (Cole Credit Property Trust Inc), Loan Agreement (Cole Credit Property Trust III, Inc.)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of any Individual the Property constituting real property (i) with (a) any other real property constituting a tax lot separate from such Individual the Property, or and (bii) with any portion of such Individual the Property which may be deemed to constitute personal property, or any other procedure whereby the Lien lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual the Property.

Appears in 1 contract

Samples: Loan Agreement (Hines Global REIT, Inc.)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of any the Individual Property (i) with (a) any other real property constituting a tax lot separate from such the Individual Property, or and (bii) with any portion of such the Individual Property which may be deemed to constitute personal property, or any other procedure whereby the Lien lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such the Individual Property.

Appears in 1 contract

Samples: Loan Agreement (Wells Real Estate Investment Trust Inc)

No Joint Assessment. Borrower shall not suffer, permit or initiate (or permit any Owner to suffer, permit or initiate) the joint assessment of any Individual the Property (i) with (a) any other real property constituting a tax lot separate from such Individual the Property, or and (bii) with any portion of such Individual the Property which may be deemed to constitute personal property, or any other procedure whereby the Lien lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual the Property.

Appears in 1 contract

Samples: Management Agreement (KBS Real Estate Investment Trust, Inc.)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of any Individual Property (i) with (a) any other real property constituting a tax lot Tot separate from such any Individual Property, or and (bii) with any portion of such any Individual Property which may be deemed to constitute personal property, or any other procedure whereby the Lien lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such any Individual Property.

Appears in 1 contract

Samples: Loan Agreement (Americold Realty Trust)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of any Individual Property with (a) any other real property constituting a tax lot separate from such Individual the Property, or (b) any portion of such any Individual Property which may be deemed to constitute personal property, or any other procedure whereby the Lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual Property.

Appears in 1 contract

Samples: Loan Agreement (Strategic Storage Trust, Inc.)

No Joint Assessment. No Borrower shall not suffer, permit or initiate the joint assessment of any Individual Property (i) with (a) any other real property constituting a tax lot separate from such Individual Property, or and (bii) with any portion of such Individual Property which may be deemed to constitute personal property, or any other procedure whereby the Lien lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual Property.

Appears in 1 contract

Samples: Loan Agreement (Wells Real Estate Investment Trust Inc)

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