Common use of Notwithstanding Section 3 Clause in Contracts

Notwithstanding Section 3. 1.1 to the contrary, Landlord may elect to pay those Impositions, if any, based on Landlord’s net income, gross receipts, franchise taxes and taxes on its capital stock directly to the taxing authority and within ten (10) Business Days of Landlord delivering to Tenant notice and evidence of such payment, Tenant shall reimburse Landlord for such paid Impositions. In connection with such Impositions, Tenant shall, upon request of Landlord, promptly provide to Landlord such data as is maintained by Tenant with respect to any Facility as may be necessary to prepare any returns and reports to be filed in connection therewith.

Appears in 4 contracts

Samples: Master Lease (Ensign Group, Inc), Master Lease (Pennant Group, Inc.), Master Lease (CareTrust REIT, Inc.)

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