Right to Protest. Landlord and/or Tenant shall have the right, but not the obligation, to protest the amount or payment of any real or personal property taxes or assessments levied against the Premises; provided that in the event of any protest by Tenant, Landlord shall not incur any expense because of any such protest, Tenant shall diligently and continuously prosecute any such protest and notwithstanding such protest Tenant shall pay any tax, assessment or other charge before the imposition of any penalty or interest.
Appears in 9 contracts
Samples: Lease and Security Agreement (Sterling House Corp), Master Lease and Security Agreement (American Retirement Corp), Master Lease and Security Agreement (American Retirement Corp)
Right to Protest. Landlord and/or Tenant shall have the right, but not the obligation, to protest the amount or payment of any real or personal property taxes taxes, assessments, or assessments other impositions levied against the Premises; provided that in the event of any protest by Tenant, Landlord shall not incur any expense because of any such protest and shall cooperate in such protest, Tenant shall diligently and continuously prosecute any such protest and notwithstanding such protest Tenant shall pay any tax, assessment or other charge before the imposition of any penalty or interest.
Appears in 4 contracts
Samples: Master Lease and Security Agreement (Balanced Care Corp), Master Lease and Security Agreement (Balanced Care Corp), Lease and Security Agreement (Balanced Care Corp)
Right to Protest. Landlord and/or Tenant shall have the right, but not the obligation, to protest the amount or payment of any real or personal property taxes or assessments levied against the Premises; provided that in the event of any protest by Tenant, Landlord shall not incur any expense because of any such protest, Tenant shall diligently and continuously prosecute any such protest at its sole cost and expense and notwithstanding such protest Tenant shall pay any tax, assessment or other charge before the imposition of any penalty or interest. If Tenant chooses to protest, Landlord will cooperate therewith.
Appears in 2 contracts
Samples: Lease and Security Agreement (Iatros Health Network Inc), Hollyoke (Iatros Health Network Inc)
Right to Protest. Landlord and/or Tenant shall have the right, but not the obligation, to protest the amount or payment of any real or personal property taxes or assessments levied against the PremisesImpositions; provided that in the event of any protest by Tenant, Landlord shall not incur any expense because of any such protest, Tenant shall diligently and continuously prosecute any such protest and notwithstanding such protest Tenant shall pay any tax, assessment or other charge such Imposition before the imposition of any penalty or interestpenalty.
Appears in 1 contract
Right to Protest. Landlord and/or Tenant shall have the right, but not the obligation, to protest the amount or payment of any real or personal property taxes or assessments levied against the PremisesImpositions; provided that in the event of any protest by Tenant, Landlord shall not incur any expense because of any such protest, Tenant shall diligently and continuously prosecute any such protest and notwithstanding such protest Tenant shall pay any tax, assessment or other charge before the imposition of any penalty or interestpenalty.
Appears in 1 contract
Right to Protest. Landlord and/or Tenant shall have the right, but not the obligation, to protest the amount or payment of any real or personal property taxes or assessments levied against the Premises, this Lease or the Rent payable hereunder; provided that in the event of any protest by Tenant, Landlord shall not incur any expense because of any such protest, Tenant shall diligently and continuously prosecute any such protest and notwithstanding shall provide security satisfactory to Landlord in connection with such protest Tenant shall pay any tax, assessment or other charge before the imposition of any penalty or interestprotest.
Appears in 1 contract
