No Joint Assessment. Borrower shall not permit any Mortgage Loan Borrower or Maryland Owner to suffer, permit or initiate the joint assessment of any Individual Property with (a) any other real property constituting a tax lot separate from the related Individual Property, or (b) any portion of 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 the Property.
Appears in 4 contracts
Samples: Management Agreement (Ashford Hospitality Trust Inc), Letter Agreement (Ashford Hospitality Trust Inc), Letter Agreement (Ashford Hospitality Trust Inc)
No Joint Assessment. Borrower shall not cause or permit any Mortgage Loan Borrower or Maryland Baltimore 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 the related such Individual Property, or and (b) which constitutes real property with any portion of the related 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: Mezzanine B Loan Agreement (Wyndham International Inc), Mezzanine C Loan Agreement (Wyndham International Inc), Mezzanine a Loan Agreement (Wyndham International Inc)
No Joint Assessment. Borrower shall not cause or permit any Mortgage Loan Borrower or Maryland 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 the related such Individual Property, or and (b) which constitutes real property with any portion of the related 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: Junior Mezzanine Loan Agreement (Inland Western Retail Real Estate Trust Inc), Senior Mezzanine Loan Agreement (Inland Western Retail Real Estate Trust Inc)
No Joint Assessment. Neither Borrower shall not permit any Mortgage Loan Borrower or nor Maryland Owner to shall suffer, permit or initiate the joint assessment of any Individual Property with (a) any other real property constituting a tax lot separate from the related such Individual Property, or (b) any portion of the related 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 the such Individual Property.
Appears in 1 contract
Samples: Loan Agreement (Inland Western Retail Real Estate Trust Inc)
No Joint Assessment. Neither Borrower shall not permit any Mortgage Loan Borrower or nor Maryland Owner to shall suffer, permit or initiate the joint assessment of any Individual Property with (a) any other real property constituting a tax lot separate from the related Individual Property, or (b) any portion of 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 the Property.
Appears in 1 contract
Samples: Mortgage Loan Agreement (Ashford Hospitality Trust Inc)
No Joint Assessment. Neither Borrower shall not permit any Mortgage Loan Borrower or nor Maryland Owner to shall suffer, permit or initiate the joint assessment of any Individual Property with (a) with any other real property constituting a tax lot separate from the related such Individual Property, Property or (b) which constitutes real property with any portion of the related 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
Samples: Loan and Security Agreement (Urban Edge Properties)
