No Joint Assessment. Mezzanine Borrower shall not suffer or permit (except with respect to the Jointly Assessed Ground Lease Properties) 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 4 contracts
Samples: Mezzanine Loan and Security Agreement (Toys R Us Inc), Mezzanine Loan and Security Agreement (Toys R Us Inc), Mezzanine Loan and Security Agreement (Toys R Us Inc)
No Joint Assessment. Mezzanine Borrower shall not suffer or suffer, permit (except with respect to the Jointly Assessed Ground Lease Properties) or initiate the joint assessment of the Property (a) with any other real property constituting a tax lot separate from the Property 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 3 contracts
Samples: Mezzanine Loan and Security Agreement (Digital Realty Trust, Inc.), Junior Tier Mezzanine Loan and Security Agreement (Maguire Properties Inc), Mezzanine Loan and Security Agreement (Maguire Properties Inc)
No Joint Assessment. Mezzanine Borrower shall not, and shall not suffer or permit (except with respect Mezzanine A Borrower to the Jointly Assessed Ground Lease Properties) permit Mortgage Borrower to, suffer, permit or initiate the joint assessment of the Property with (a) with any other real property constituting a tax lot separate from the Property and Property, or (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 2 contracts
Samples: Mezzanine B Loan Agreement (Brookfield DTLA Fund Office Trust Investor Inc.), Mezzanine B Loan Agreement (Brookfield DTLA Fund Office Trust Investor Inc.)
No Joint Assessment. Mezzanine Borrower shall not suffer or suffer, permit (except with respect to the Jointly Assessed Ground Lease Properties) or initiate the joint assessment of the Property Collateral (a) with any other real property constituting a tax lot separate from the Property Collateral, and (b) which constitutes real property with any portion of the Property Collateral 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 PropertyCollateral.
Appears in 1 contract
No Joint Assessment. Mezzanine Borrower shall not suffer suffer, permit or initiate (or permit (except with respect Senior Mezzanine Loan Borrower or Owner to the Jointly Assessed Ground Lease Propertiessuffer, permit or initiate) or initiate the joint assessment of the Property (ai) with any other real property constituting a tax lot separate from the Property Property, and (bii) 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 1 contract
Samples: Junior Mezzanine Loan Agreement (Maguire Properties Inc)
