No Joint Assessment. Mezzanine Borrower shall not suffer, permit or initiate the joint assessment of the Property (a) with any other real property constituting a tax lot separate from the Property and (b) which constitutes real property with any portion of 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 real property portion of the Property.
Appears in 13 contracts
Samples: Mezzanine Loan and Security Agreement (Strategic Hotels & Resorts, Inc), Mezzanine Loan and Security Agreement (CNL Hotels & Resorts, Inc.), Mezzanine Loan and Security Agreement (CNL Hotels & Resorts, Inc.)
No Joint Assessment. Mezzanine Borrower shall not and shall not permit Mortgage Borrower to suffer, permit or initiate the joint assessment of the Property Property, (a) with any other real property constituting a tax lot separate from the Property and (b) which constitutes real property with any portion of 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 real property portion of the Property.
Appears in 7 contracts
Samples: Mezzanine Loan and Security Agreement (Station Casinos Inc), Mezzanine Loan and Security Agreement (Station Casinos Inc), Mezzanine Loan and Security Agreement (Station Casinos Inc)
No Joint Assessment. Mezzanine Borrower shall not suffer, permit or initiate the joint assessment of the any Individual Property (a) with any other real property constituting a tax lot separate from the Property such Individual Property, and (b) which constitutes real property with any portion of the 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 the Individual Property.
Appears in 1 contract
No Joint Assessment. Mezzanine Borrower shall not suffer, permit or initiate the joint assessment of the any Individual Property with (a) with any other real property constituting a tax lot separate from the Property and such Individual Property, or (b) which constitutes real property with any portion of the 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 1 contract
