Common use of Property Taxes Clause in Contracts

Property Taxes. At Lessee’s request, Operator shall pay from the Hotel Operating Account prior to the dates the same become delinquent, with the right upon Lessee’s request to pay the same in installments to the extent permitted by law, all real and personal property taxes levied against the Property or any of its component parts.

Appears in 22 contracts

Samples: Hotel Management Agreement (Condor Hospitality Trust, Inc.), Hotel Management Agreement (Condor Hospitality Trust, Inc.), Hotel Management Agreement (Condor Hospitality Trust, Inc.)

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Property Taxes. At Lessee’s 's request, Operator shall pay from the Hotel Operating Account prior to the dates the same become delinquent, with the right upon Lessee’s 's request to pay the same in installments to the extent permitted by law, all real and personal property taxes levied against the Property or any of its component parts.

Appears in 2 contracts

Samples: Management Agreement (Humphrey Hospitality Trust Inc), Management Agreement (Humphrey Hospitality Trust Inc)

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Property Taxes. At Lessee’s 's request, Operator shall pay from the Hotel Operating Account prior to the dates the same become delinquent, with the right upon Lessee’s 's request to pay the same in installments to the extent permitted by law, all real and personal property taxes. Owner shall pay all real estate taxes with respect to the Property and all betterment assessments levied against the Property or any of its component parts.

Appears in 1 contract

Samples: Management Agreement (RFS Hotel Investors Inc)

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