Common use of No Joint Assessment Clause in Contracts

No Joint Assessment. Borrower shall not suffer, permit 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 111 contracts

Samples: Loan Agreement (Soho House & Co Inc.), Commercial Loan Agreement (Red Oak Capital Fund V, LLC), Commercial Loan Agreement (Red Oak Capital Fund V, LLC)

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No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of the Property (ai) with any other real property constituting a tax lot separate from the 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 73 contracts

Samples: Loan Agreement (Piedmont Office Realty Trust, Inc.), Loan Agreement, Loan Agreement (Broad Street Realty, Inc.)

No Joint Assessment. Borrower shall not 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 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 30 contracts

Samples: Loan Agreement (Wheeler Real Estate Investment Trust, Inc.), Loan Agreement (Wheeler Real Estate Investment Trust, Inc.), Loan Agreement (Cedar Realty Trust, Inc.)

No Joint Assessment. Borrower shall not, and shall not permit Mortgage Borrower to, suffer, permit or initiate the joint assessment of the any Individual Property (a) with any other real property constituting a tax lot separate from the such Individual Property, and (b) which constitutes real property with any portion of the 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 such real property portion of the Individual Property, except as required by Legal Requirements.

Appears in 27 contracts

Samples: Fourth Mezzanine Loan Agreement (Harrahs Entertainment Inc), Third Mezzanine Loan Agreement (Harrahs Entertainment Inc), Fifth Mezzanine Loan Agreement (Harrahs Entertainment Inc)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of the any Individual Property (a) with any other real property constituting a tax lot separate from the such Individual Property, and (b) which constitutes real property with any portion of the 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 such real property portion of the Individual Property.

Appears in 26 contracts

Samples: Loan Agreement (Excel Trust, L.P.), Loan Agreement (Excel Trust, L.P.), Loan Agreement (Hilton Worldwide Holdings Inc.)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of the any Individual Property with (a) with any other real property constituting a tax lot separate from the such Individual Property, and or (b) which constitutes real property with any portion of the 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 25 contracts

Samples: Loan Agreement (Spirit Finance Corp), Loan Agreement (Spirit Finance Corp), Loan Agreement (Meristar Hospitality Operating Partnership Lp)

No Joint Assessment. Borrower shall not suffer, permit 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 24 contracts

Samples: Loan and Security Agreement (Strategic Hotels & Resorts, Inc), Loan and Security Agreement (Strategic Hotels & Resorts, Inc), Loan and Security Agreement (KBS Real Estate Investment Trust, Inc.)

No Joint Assessment. Borrower shall not suffer, permit consent to or initiate the joint assessment of the Property Premises or the Improvements (a) with any other real property constituting a separate tax lot and Borrower represents and covenants that the Premises and the Improvements are and shall remain a separate from the Property, and tax lot 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 PropertyProperty as a single lien.

Appears in 21 contracts

Samples: Loan and Security Agreement (Etre Reit, LLC), Ashford Hospitality Trust Inc, Mortgage, Security Agreement (Ashford Hospitality Trust Inc)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of the Property (ai) with any other real property constituting a tax lot separate from the 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 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 20 contracts

Samples: Loan Agreement (Lazydays Holdings, Inc.), Loan Agreement (NOVONIX LTD), Loan Agreement (NOVONIX LTD)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of the any Individual Property with (a) with any other real property constituting a tax lot separate from the applicable Individual Property, and or (b) which constitutes real property with any portion of the applicable 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 such real property portion of the applicable Individual Property.

Appears in 16 contracts

Samples: Loan Agreement (Istar Inc.), Loan Agreement (Industrial Logistics Properties Trust), Loan Agreement (Industrial Logistics Properties Trust)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of all or any portion of the Property with (a) with any other real property constituting a tax lot separate from the Property, and 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 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 15 contracts

Samples: Loan Agreement (FTE Networks, Inc.), Loan Agreement (FTE Networks, Inc.), Loan Agreement (FTE Networks, Inc.)

No Joint Assessment. Borrower shall has not suffersuffered, permit permitted or initiate initiated the joint assessment of any of the Property Properties (ai) with any other real property constituting a separate tax lot separate from the Propertylot, and or (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 Lien of any taxes which Taxes that may be levied against such other real property or personal property shall be assessed or levied or charged to such real property portion any of the PropertyProperties as a single Lien.

Appears in 14 contracts

Samples: Loan Agreement (Sears Holdings Corp), Loan Agreement, Loan Agreement (Sears Holdings Corp)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of the any Individual Property (a) with any other real property constituting a tax lot separate from the applicable Individual Property, and (b) which constitutes real property with any portion of the applicable 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 such real property portion of the Individual Property.

Appears in 12 contracts

Samples: Loan Agreement (Global Net Lease, Inc.), Loan Agreement (Necessity Retail REIT, Inc.), Loan Agreement (Healthcare Trust, Inc.)

No Joint Assessment. Borrower shall has not suffersuffered, permit permitted or initiate initiated the joint assessment of the Property (ai) with any other real property constituting a separate tax lot separate from the Propertylot, and or (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 Lien of any taxes which Taxes that may be levied against such other real property or personal property shall be assessed or levied or charged to such real property portion of the PropertyProperty as a single Lien.

Appears in 12 contracts

Samples: Loan Agreement (Stratus Properties Inc), Loan Agreement (Aspen REIT, Inc.), Loan Agreement (Stratus Properties Inc)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of the any Individual Property (a) with any other real property constituting a tax lot separate from the such Individual Property, and (b) which constitutes real property with any portion of the 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 such real property portion of the such Individual Property.

Appears in 7 contracts

Samples: Loan Agreement (Net Lease Office Properties), Loan Agreement (W. P. Carey Inc.), Loan Agreement (VICI Properties L.P.)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of the real property comprising any Individual Property with (a) with any other real property constituting a tax lot separate from the such Individual Property, and or (b) which constitutes real property with any portion of the 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 Propertyproperty.

Appears in 7 contracts

Samples: Loan Agreement (Stirling Hotels & Resorts, Inc.), Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Ashford Hospitality Trust Inc)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of the Property 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 6 contracts

Samples: Loan and Security Agreement (Bloomin' Brands, Inc.), Mezzanine Loan and Security Agreement (Bloomin' Brands, Inc.), Mezzanine Loan and Security Agreement (Bloomin' Brands, Inc.)

No Joint Assessment. Borrower shall not cause or permit Mortgage Borrower to suffer, permit or initiate the joint assessment of the any Individual Property with (a) with any other real property constituting a tax lot separate from the such Individual Property, and or (b) which constitutes real property with any portion of the 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 6 contracts

Samples: Loan Agreement (Meristar Hospitality Operating Partnership Lp), Loan Agreement (Meristar Hospitality Corp), Mezzanine B Loan Agreement (Archstone Smith Operating Trust)

No Joint Assessment. Borrower shall not suffer, permit or initiate (or permit Owner to suffer, permit or initiate) the joint assessment of the Property (ai) with any other real property constituting a tax lot separate from the 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 6 contracts

Samples: Mezzanine Loan Agreement (Morgans Hotel Group Co.), Mezzanine Loan Agreement (KBS Real Estate Investment Trust, Inc.), Mezzanine Loan Agreement (KBS Real Estate Investment Trust, Inc.)

No Joint Assessment. Borrower Borrowers shall not suffer, permit or initiate initiate, and shall cause Mortgage Borrowers not to suffer, permit or initiate, the joint assessment of the any Property (a) with any other real property constituting a tax lot separate from the such Property, and (b) which constitutes real property with any portion of the such 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 6 contracts

Samples: Third Mezzanine Loan Agreement (Morgans Hotel Group Co.), Third Mezzanine Loan Agreement (Hard Rock Hotel Holdings, LLC), First Mezzanine Loan Agreement (Hard Rock Hotel Holdings, LLC)

No Joint Assessment. Borrower shall not (and shall not permit Mortgage Borrower to) suffer, permit or initiate the joint assessment of the any Individual Property with (a) with any other real property constituting a tax lot separate from the applicable Individual Property, and or (b) which constitutes real property with any portion of the applicable 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 such real property portion of the applicable Individual Property.

Appears in 6 contracts

Samples: Mezzanine B Loan Agreement (Industrial Logistics Properties Trust), Mezzanine Loan Agreement (Industrial Logistics Properties Trust), Mezzanine a Loan Agreement (Industrial Logistics Properties Trust)

No Joint Assessment. Borrower shall not suffer, permit 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 action or 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 the Property or any portion of the Propertythereof.

Appears in 6 contracts

Samples: Loan Agreement (Ionis Pharmaceuticals Inc), Loan Agreement (Ionis Pharmaceuticals Inc), Loan Agreement (KBS Strategic Opportunity REIT, Inc.)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of the any Individual Property (ai) with any other real property constituting a tax lot separate from the such Individual Property, and (bii) which constitutes real property with any portion of the 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 such real property portion of the Individual Property.

Appears in 5 contracts

Samples: Loan Agreement (Wells Real Estate Investment Trust Inc), Loan Agreement (Host Marriott L P), Loan Agreement (Host Marriott Corp/)

No Joint Assessment. Borrower shall not and shall not permit Mortgage Borrower to suffer, permit 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 5 contracts

Samples: Loan Agreement (Vici Properties Inc.), Loan Agreement (Vici Properties Inc.), Mezzanine B Loan Agreement (Vici Properties Inc.)

No Joint Assessment. Borrower shall not 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 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 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 5 contracts

Samples: Mezzanine Loan Agreement (Maguire Properties Inc), Senior Mezzanine Loan Agreement (Maguire Properties Inc), Junior Mezzanine Loan Agreement (Maguire Properties Inc)

No Joint Assessment. Borrower shall not permit Mortgage Borrower to suffer, permit 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 Agreement, Junior Mezzanine Loan Agreement (Ashford Hospitality Prime, Inc.), Senior Mezzanine Loan Agreement (Ashford Hospitality Prime, Inc.)

No Joint Assessment. No Borrower shall not suffer, permit or initiate the joint assessment of the any Property (ai) with any other real property constituting a tax lot separate from the such Property, and (bii) which constitutes real property with any portion of the such 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: Loan Agreement (Inland Diversified Real Estate Trust, Inc.), Loan Agreement (Gramercy Capital Corp), Loan Agreement (Supertel Hospitality Inc)

No Joint Assessment. Borrower Borrowers shall not suffer, permit or initiate the joint assessment of the any Property (a) with any other real property constituting a tax lot separate from the such Property, and (b) which constitutes real property with any portion of the such 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: Loan Agreement (Bref Hr, LLC), Loan Agreement (Hard Rock Hotel Holdings, LLC), Loan Agreement (Hard Rock Hotel Holdings, LLC)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of the any Individual Property (a) with any other real property constituting a tax lot separate from the such Individual Property, and (b) which constitutes real property with any portion of the 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 such real property portion of the Individual Property, except as required by Legal Requirements.

Appears in 4 contracts

Samples: Loan Agreement, Loan Agreement (Harrahs Entertainment Inc), Loan Agreement (Harrahs Entertainment Inc)

No Joint Assessment. Borrower shall not and shall not permit Operating Company to suffer, permit 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 propertyPersonal Property, or any other procedure whereby the lien of any taxes which may be levied against such personal property Personal Property shall be assessed or levied or charged to such real property portion of the Property.

Appears in 4 contracts

Samples: Loan Agreement, Loan Agreement (Empire State Realty Trust, Inc.), Loan Agreement (Empire State Building Associates L.L.C.)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of the any Individual Property (ai) with any other real property constituting a tax lot separate from the any Individual Property, and (bii) which constitutes real property with any portion of the any 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 such real property portion of the any Individual Property.

Appears in 4 contracts

Samples: Loan Agreement (Americold Realty Trust), Loan Agreement (Americold Realty Trust), Loan Agreement (Americold Realty Trust)

No Joint Assessment. Borrower shall not suffer, permit 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: Loan Agreement (Inland Diversified Real Estate Trust, Inc.), Loan Agreement (Inland Diversified Real Estate Trust, Inc.), Loan Agreement (Inland Diversified Real Estate Trust, Inc.)

No Joint Assessment. No Borrower shall not sufferhas suffered, permit permitted or initiate initiated the joint assessment of any of the Property Properties (ai) with any other real property constituting a separate tax lot separate from the Propertylot, and or (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 Lien of any taxes Taxes which may be levied against such other real property or personal property shall be assessed or levied or charged to such real property portion any of the PropertyProperties as a single Lien.

Appears in 4 contracts

Samples: Loan Agreement (Gramercy Capital Corp), Loan Agreement (Gramercy Capital Corp), Senior Mezzanine Loan Agreement (KBS Real Estate Investment Trust, Inc.)

No Joint Assessment. Borrower shall not cause or permit Mortgage Borrower to suffer, permit or initiate the joint assessment of the any Individual Property (a) with any other real property constituting a tax lot separate from the such Individual Property, and (b) which constitutes real property with any portion of the 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 such real property portion of the Individual Property.

Appears in 4 contracts

Samples: Senior Mezzanine Loan Agreement (Brixmor Property Group Inc.), Property Management Agreement (Sunstone Hotel Investors, Inc.), Loan Agreement (Highland Hospitality Corp)

No Joint Assessment. Borrower Borrowers shall not suffer, permit or initiate the joint assessment of the any Collateral Property with (a) with any other real property constituting a tax lot separate from the such Collateral Property, and or (b) which constitutes real property with any portion of the such Collateral 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 Collateral Property.

Appears in 4 contracts

Samples: Lease Agreement (FelCor Lodging Trust Inc), Revolving Credit Agreement (FelCor Lodging LP), Revolving Credit Agreement (FelCor Lodging Trust Inc)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of the any Individual Property with (a) with any other real property Property constituting a tax lot separate from the such Individual Property, and or (b) which constitutes real property with any portion of the 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 Property shall be assessed or levied or charged to such real property portion of the Individual Property.

Appears in 3 contracts

Samples: Loan Agreement (Cole Credit Property Trust II Inc), Loan Agreement (Spirit Realty Capital, Inc.), Loan Agreement (Netreit, Inc.)

No Joint Assessment. Borrower shall not 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 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 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: Loan Agreement (Innkeepers Usa Trust/Fl), Loan Agreement (Innkeepers Usa Trust/Fl), Loan Agreement (Innkeepers Usa Trust/Fl)

No Joint Assessment. The Borrower shall not, and shall not permit any Subsidiary to, suffer, permit or initiate the joint assessment of the any Mortgaged Property with (a) with any other real property constituting a tax lot separate from the such Mortgaged Property, and or (b) which constitutes real property with any portion of the such Mortgaged 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 Mortgaged Property.

Appears in 3 contracts

Samples: Credit Agreement (Pep Boys Manny Moe & Jack), Credit Agreement (Pep Boys Manny Moe & Jack), Credit Agreement (Pep Boys Manny Moe & Jack)

No Joint Assessment. Borrower Borrowers shall not suffer, permit or initiate the joint assessment of all or any portion of the Property Properties (a) with any other real property constituting a tax lot separate from the PropertyProperties, and or (b) which constitutes real property with any portion of the Property Properties 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 PropertyProperties.

Appears in 3 contracts

Samples: Pledge and Security Agreement (MPG Office Trust, Inc.), Pledge and Security Agreement (MPG Office Trust, Inc.), Loan Agreement (Maguire Properties Inc)

No Joint Assessment. Borrower shall has not suffersuffered, permit permitted or initiate initiated the joint assessment of the Property (ai) with any other real property constituting a separate tax lot separate from the Propertylot, and or (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 Lien of any taxes Taxes which may be levied against such other real property or personal property shall be assessed or levied or charged to such real property portion of the PropertyProperty as a single Lien.

Appears in 3 contracts

Samples: Loan Agreement (Glimcher Realty Trust), Loan Agreement (Alexanders Inc), Loan Agreement (Las Vegas Sands Inc)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of the real property comprising the Property with (a) with any other real property constituting a tax lot separate from the Property, and 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 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 Propertyproperty.

Appears in 3 contracts

Samples: Loan Agreement (MVP REIT, Inc.), Loan Agreement (MVP REIT II, Inc.), Loan Agreement (Independence Realty Trust, Inc)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of the any Property (ai) with any other real property constituting a tax lot separate from the such Property, and (bii) which constitutes real property with any portion of the such 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 Property.

Appears in 3 contracts

Samples: Loan Agreement (Clipper Realty Inc.), Loan Agreement (Clipper Realty Inc.), Loan Agreement (Clipper Realty Inc.)

No Joint Assessment. No Individual Borrower shall not suffer, permit or initiate the joint assessment of the its Individual Property (a) with any other real property constituting a tax lot separate from the such Individual Property, and (b) which constitutes real property with any portion of the 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 such real property portion of the such Individual Property.

Appears in 3 contracts

Samples: Loan Agreement (Inland Real Estate Income Trust, Inc.), Loan Agreement (Inland Diversified Real Estate Trust, Inc.), Loan Agreement (Inland Diversified Real Estate Trust, Inc.)

No Joint Assessment. No Borrower shall not suffer, permit or initiate the joint assessment of any of the Property Properties (a) with each other, (b) with any other real property constituting a tax lot separate from any of the PropertyProperties, and or (bc) which constitutes real property with any portion of the any 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 any Property.

Appears in 3 contracts

Samples: Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Ashford Hospitality Trust Inc)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of that portion of the Property constituting real 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 Lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such real property that portion of the PropertyProperty constituting real property.

Appears in 3 contracts

Samples: Loan Agreement (Moody National REIT I, Inc.), Loan Agreement (Moody National REIT I, Inc.), Loan Agreement (Moody National REIT I, Inc.)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of the any Property (ai) with any other real property constituting a tax lot separate from the such Property, and (bii) which constitutes real property with any portion of the such 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: Loan Agreement (Innkeepers Usa Trust/Fl), Loan Agreement (Uniprop Manufactured Housing Communities Income Fund), Loan Agreement (Innkeepers Usa Trust/Fl)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of the portion of the Property which constitutes real property (ai) with any other real property constituting a tax lot separate from the Property, and Property or (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 the portion of the PropertyProperty which constitutes real property.

Appears in 3 contracts

Samples: Loan Agreement (Alexanders Inc), Loan Agreement (Urban Edge Properties), Loan Agreement (Alexanders Inc)

No Joint Assessment. Borrower shall not cause or permit Mortgage Borrower to suffer, permit or initiate the joint assessment of all or any portion of the Property with (a) with any other real property constituting a tax lot separate from the Property, and 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 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: Loan Agreement (Maguire Properties Inc), Loan Agreement (Maguire Properties Inc), Mezzanine Loan Agreement (CNL Income Properties Inc)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of the Property (ai) with any other real property constituting a tax lot separate from the Property, and (bii) which constitutes real property unless required by applicable law, 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: Loan Agreement (Thomas Properties Group Inc), Loan Agreement (Colony Resorts LVH Acquisitions LLC), Loan Agreement (Colony Resorts LVH Acquisitions LLC)

No Joint Assessment. Borrower shall not cause or permit Mortgage Borrower or Property Owner to suffer, permit or initiate the joint assessment of the any Individual Property (a) with any other real property constituting a tax lot separate from the such Individual Property, and (b) which constitutes real property with any portion of the 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 such real property portion of the Individual Property.

Appears in 3 contracts

Samples: Management Agreement (ESH Hospitality LLC), Management Agreement (ESH Hospitality LLC), Management Agreement (ESH Hospitality LLC)

No Joint Assessment. Neither Borrower nor Operating Lessee shall not suffer, permit or initiate the joint assessment of the any Individual Property (ai) with any other real property constituting a tax lot separate from the such Individual Property, and (bii) which constitutes real property with any portion of the 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: Loan Agreement (Hospitality Investors Trust, Inc.), Loan Agreement (Hospitality Investors Trust, Inc.), Loan Agreement (Hospitality Investors Trust, Inc.)

No Joint Assessment. Borrower shall not suffer, permit 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 3 contracts

Samples: Loan Agreement (Prime Group Realty Trust), Loan Agreement (Prime Group Realty Trust), Loan Agreement (Prime Group Realty Trust)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of the any Individual Property (a) with any other real property constituting a tax lot separate from the such Individual Property, and (b) which constitutes real property with any portion of the 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 such Individual Property.

Appears in 3 contracts

Samples: Senior Mezzanine Loan Agreement (Brixmor Property Group Inc.), Loan Agreement (Brixmor Property Group Inc.), Loan Agreement (Brixmor Property Group Inc.)

No Joint Assessment. Borrower shall not cause or permit Mortgage Borrower to suffer, permit or initiate the joint assessment of the real property comprising the Property with (a) with any other real property constituting a tax lot separate from the Property, and 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 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 Propertyproperty.

Appears in 3 contracts

Samples: Senior Mezzanine Loan Agreement (Ashford Hospitality Trust Inc), Senior Mezzanine Loan Agreement (Ashford Hospitality Trust Inc), Senior Mezzanine Loan Agreement (Ashford Hospitality Trust Inc)

No Joint Assessment. Borrower shall not not, and shall cause Master Tenant to not, suffer, permit 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 3 contracts

Samples: Loan Agreement (Moody National REIT II, Inc.), Loan Agreement (Moody National REIT II, Inc.), Loan Agreement (Moody National REIT II, Inc.)

No Joint Assessment. Borrower shall not 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 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 the real property portion of the Property.

Appears in 3 contracts

Samples: Loan Agreement (Cole Credit Property Trust Iv, Inc.), Loan Agreement (Cole Corporate Income Trust, Inc.), Loan Agreement (Cole Credit Property Trust III, Inc.)

No Joint Assessment. Borrower shall has not suffersuffered, permit permitted or initiate initiated the joint assessment of the Property Properties (ai) with any other real property constituting a separate tax lot separate from the Propertylot, and or (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 Lien of any taxes Taxes which may be levied against such other real property or personal property shall be assessed or levied or charged to such real property portion of the PropertyProperties as a single Lien.

Appears in 3 contracts

Samples: Loan Agreement (Republic Property Trust), Management Agreement (American Casino & Entertainment Properties LLC), Management Agreement (American Casino & Entertainment Properties LLC)

No Joint Assessment. Neither Borrower nor Operating Tenant shall not suffer, permit or initiate the joint assessment of the Property (ai) with any other real property constituting a tax lot separate from the 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 2 contracts

Samples: Loan Agreement (Behringer Harvard Opportunity REIT II, Inc.), Loan Agreement (Ashford Hospitality Trust Inc)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of the Property or any portion thereof (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 Lien of any taxes 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: Loan Agreement (Lightstone Value Plus Real Estate Investment Trust V, Inc.), Building Loan Agreement (KBS Strategic Opportunity REIT, Inc.)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of the any Individual Property with (a) with any other real property constituting a tax lot separate from the related Individual Property, and or (b) which constitutes real property with any portion of the related 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 related Individual Property.

Appears in 2 contracts

Samples: Loan Agreement (Bon Ton Stores Inc), Loan Agreement (Bon Ton Stores Inc)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of the Property Borrowing Base Properties (ai) with any other real property constituting a tax lot separate from the PropertyBorrowing Base Properties, and (bii) which constitutes real property with any portion of the Property Borrowing Base Properties 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 PropertyBorrowing Base Properties.

Appears in 2 contracts

Samples: Loan Agreement (GTJ REIT, Inc.), Loan Agreement (GTJ REIT, Inc.)

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No Joint Assessment. Borrower shall not 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 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.. Section 4.22

Appears in 2 contracts

Samples: Loan Agreement (Silver Star Properties Reit, Inc), Loan Agreement (Silver Star Properties Reit, Inc)

No Joint Assessment. Borrower shall not cause or permit Mortgage Borrower to suffer, permit or initiate (other than as currently in effect with respect to the other respective Units in the Condominium) the joint assessment of the real property comprising the Property with (a) with any other real property constituting a tax lot separate from the Property, and 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 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 Propertyproperty.

Appears in 2 contracts

Samples: Senior Mezzanine Loan Agreement (Ashford Hospitality Trust Inc), Senior Mezzanine Loan Agreement (Ashford Hospitality Trust Inc)

No Joint Assessment. Borrower shall not permit Mortgage Borrower to suffer, permit 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 2 contracts

Samples: Mezzanine B Loan Agreement (Telx Group, Inc.), Mezzanine a Loan Agreement (Telx Group, Inc.)

No Joint Assessment. Borrower shall not (and shall not permit Mortgage Borrower to) suffer, permit or initiate the joint assessment of the Property (ai) with any other real property constituting a tax lot separate from the 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 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: Second Mezzanine Loan Agreement (Clipper Realty Inc.), First Mezzanine Loan Agreement (Clipper Realty Inc.)

No Joint Assessment. Borrower Borrowers shall not suffer, permit or initiate initiate, and shall not cause or permit Mortgage Borrowers to suffer, permit or initiate, the joint assessment of the any Property (a) with any other real property constituting a tax lot separate from the such Property, and (b) which constitutes real property with any portion of the such 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: First Mezzanine Loan Agreement (Hard Rock Hotel Holdings, LLC), Third Mezzanine Loan Agreement (Hard Rock Hotel Holdings, LLC)

No Joint Assessment. No Borrower shall not suffer, permit or initiate the joint assessment of the any Property (a) with any other real property constituting a tax lot separate from the Property, such Property and (b) which constitutes real property with any portion of the such 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 Property.

Appears in 2 contracts

Samples: Lease Agreement (American Realty Capital Hospitality Trust, Inc.), Lease Agreement (American Realty Capital Hospitality Trust, Inc.)

No Joint Assessment. Borrower shall not not, nor shall Borrower permit Mortgage Borrower to, suffer, permit or initiate the joint assessment of the any Property (ai) with any other real property constituting a tax lot separate from the such Property, and (bii) which constitutes real property with any portion of the such 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 Property.

Appears in 2 contracts

Samples: First Mezzanine Loan Agreement (Clipper Realty Inc.), First Mezzanine Loan Agreement (Clipper Realty Inc.)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of the its Property with (a) with any other real property constituting a tax lot separate from the its Property, and or (b) which constitutes real property with any portion of the its 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 its Property.

Appears in 2 contracts

Samples: Loan Agreement (City Office REIT, Inc.), Loan Agreement (City Office REIT, Inc.)

No Joint Assessment. No Borrower shall not suffer, permit or initiate the joint assessment of all or any portion of the Property or Properties owned by such Borrower (a) with any other real property constituting a tax lot separate from the PropertyProperty or Properties owned by such Borrower, and (b) which constitutes real property with any portion of the Property or Properties owned by such Borrower 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 Property.

Appears in 2 contracts

Samples: Loan Agreement (Cole Credit Property Trust Inc), Loan Agreement (Cole Credit Property Trust III, Inc.)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of the any Individual Property with (a) with any other real property constituting a tax lot separate from the such Individual Property, and or (b) which constitutes real property with any portion of the 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 such real property portion of the Individual Property.

Appears in 2 contracts

Samples: Loan Agreement (American Realty Capital Trust III, Inc.), Loan Agreement (Strategic Storage Trust, Inc.)

No Joint Assessment. Borrower shall not suffer, permit 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 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: Loan Agreement (American Realty Capital New York City REIT, Inc.), Loan Agreement (TNP Strategic Retail Trust, Inc.)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of the any Individual Property (ai) with any other real property constituting a tax lot separate from the such Individual Property, and (bii) which constitutes real property with any portion of the 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: Loan Agreement (W2007 Grace Acquisition I Inc), Loan Agreement (American Realty Capital Hospitality Trust, Inc.)

No Joint Assessment. Borrower shall not suffer, permit or initiate (or permit Owner to suffer, permit or initiate) the joint assessment of the any Individual Property (ai) with any other real property constituting a tax lot separate from the such Individual Property, and (bii) which constitutes real property with any portion of the 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: Mezzanine Loan Agreement (W2007 Grace Acquisition I Inc), Mezzanine Loan Agreement (American Realty Capital Hospitality Trust, Inc.)

No Joint Assessment. Borrower shall not permit Mortgage Borrower or Operating Lessee to suffer, permit 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 2 contracts

Samples: Loan Agreement (Strategic Hotels & Resorts, Inc), Loan Agreement (Strategic Hotels & Resorts, Inc)

No Joint Assessment. No Borrower shall not suffer, permit or initiate the joint assessment of the any Property (ai) with any other real property constituting a tax lot separate from the such Property, and (bii) which constitutes real property with any portion of the such Property which may reasonably be expected to 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: Loan Agreement (American Realty Capital New York City REIT, Inc.), Loan Agreement (American Finance Trust, Inc)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of the any Property with (a) with any other real property constituting a tax lot separate from the such Property, and or (b) which constitutes real property with any portion of the such 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 Property.

Appears in 2 contracts

Samples: Loan Agreement (RFS Partnership Lp), Agreement (Felcor Lodging Trust Inc)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of any portion of the Property (a) with any other real property constituting a tax lot separate from the Property, and 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 the such real property portion of the Property.

Appears in 2 contracts

Samples: Loan Agreement (Glimcher Realty Trust), Loan Agreement (Glimcher Realty Trust)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of the any Individual Property (a) with any other real property constituting a tax lot separate from the any Individual Property, and (b) which constitutes real property with any portion of the any 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 such real property portion of the any Individual Property.

Appears in 2 contracts

Samples: Loan Agreement (Cole Credit Property Trust III, Inc.), Loan Agreement (Cole Credit Property Trust III, Inc.)

No Joint Assessment. Borrower shall not cause or permit Mortgage Borrower or Operating Lessee to suffer, permit or initiate the joint assessment of the any Individual Property (a) with any other real property constituting a tax lot separate from the such Individual Property, and or (b) which constitutes real property with any portion of the 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 such Individual Property.

Appears in 2 contracts

Samples: Mezzanine B Loan Agreement (BRE Select Hotels Corp), Mezzanine a Loan Agreement (BRE Select Hotels Corp)

No Joint Assessment. No Borrower shall not suffer, permit or initiate the joint assessment of the related Individual Property with (a) with any other real property constituting a tax lot separate from the related Individual Property, and or (b) which constitutes real property with any portion of the related 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 related Individual Property.

Appears in 2 contracts

Samples: Loan Agreement (Extra Space Storage Inc.), Loan Agreement (Extra Space Storage Inc.)

No Joint Assessment. Borrower shall not suffer, knowingly permit 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 2 contracts

Samples: Loan Agreement (Procaccianti Hotel Reit, Inc.), Loan Agreement (Procaccianti Hotel Reit, Inc.)

No Joint Assessment. Borrower Borrowers shall not suffer, permit or initiate the joint assessment of the any Property (ai) with any other real property constituting a tax lot separate from the such Property, and (bii) which constitutes real property with any portion of the such 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: Loan Agreement (Horizon Group Properties Inc), Loan Agreement (Prime Retail Lp)

No Joint Assessment. Borrower shall not suffer, permit 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 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: Loan Agreement (City Office REIT, Inc.), Loan Agreement (Brixmor Property Group Inc.)

No Joint Assessment. No Borrower shall not suffer, permit or initiate the joint assessment of the any Property (ai) with any other real property constituting a tax lot separate from the such Property, and (bii) which constitutes real property with any portion of the such 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 Property.

Appears in 2 contracts

Samples: Loan Agreement (Generation Income Properties, Inc.), Loan Agreement (Generation Income Properties, Inc.)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of the all or any portion of any Property with (a) with any other real property constituting a tax lot separate from the such Property, and or (b) which constitutes real property with any portion of the such 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 Property.

Appears in 2 contracts

Samples: Loan Agreement (Global Medical REIT Inc.), Loan Agreement (Global Medical REIT Inc.)

No Joint Assessment. Except as expressly set forth in the Business Plan and the Predevelopment Budget, Borrower shall not suffer, permit or initiate the joint assessment of the Property (ai) with any other real property constituting a tax lot separate from the 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 2 contracts

Samples: Loan Agreement (Ambase Corp), Loan Agreement (Ambase Corp)

No Joint Assessment. Borrower shall not suffer, permit or initiate (other than as currently in effect with respect to the other respective Units in the Condominium) the joint assessment of the real property comprising any Individual Property with (a) with any other real property constituting a tax lot separate from the such Individual Property, and or (b) which constitutes real property with any portion of the 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 Propertyproperty.

Appears in 2 contracts

Samples: Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Ashford Hospitality Trust Inc)

No Joint Assessment. Neither Borrower nor Operating Lessee shall not suffer, permit or initiate the joint assessment of the any Individual Property (ai) with any other real property constituting a tax lot separate from the such Individual Property, and (bii) which constitutes real property with any portion of the any 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 such real property portion of the any Individual Property.

Appears in 2 contracts

Samples: Management Agreement (Ashford Hospitality Prime, Inc.), Assignment and Assumption Agreement (Supertel Hospitality Inc)

No Joint Assessment. Borrower shall not suffer, permit consent to or initiate the joint assessment of the Property Premises or the Improvements (a) with any other real property constituting a separate tax lot and Borrower represents and covenants that the Premises and the Improvements are and shall remain a separate tax lot or lots separate from other real property that is not part of the Property, and Premises 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 PropertyProperty as a single lien.

Appears in 2 contracts

Samples: Morgans Hotel Group Co., Morgans Hotel Group Co.

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of the any Individual Property with (a) with any other real property constituting a tax lot separate from the such Individual Property, and or (b) which constitutes real property with any portion of the 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 Property.

Appears in 2 contracts

Samples: Loan Agreement (Sun Communities Inc), Loan Agreement (Sun Communities Inc)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of all or any portion of the Property with (a) with any other real property constituting a tax lot separate from the Property, and 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 Lien of any taxes which Taxes that 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: Loan Agreement (Lightstone Value Plus Real Estate Investment Trust V, Inc.), Loan Agreement (Howard Hughes Corp)

No Joint Assessment. Borrower shall not suffer, permit 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 propertyPersonal Property, or any other procedure whereby the lien Lien of any taxes which may be levied against such personal property Personal Property shall be assessed or levied or charged to such real property portion of the Property.

Appears in 2 contracts

Samples: Loan Agreement (AmREIT, Inc.), Loan Agreement (Cole Credit Property Trust Iv, Inc.)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of the any Property (a) with any other real property constituting a tax lot separate from the such Property, and (b) which constitutes real property with any portion of the such 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 such Property.

Appears in 2 contracts

Samples: Loan Agreement (AG Mortgage Investment Trust, Inc.), Loan Agreement (Amerco /Nv/)

No Joint Assessment. No Borrower shall not suffer, permit or initiate the joint assessment of the any Property (a) with any other real property constituting a tax lot separate from the related Property, and (b) which constitutes real property with any portion of the applicable 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: Loan Agreement (Industrial Logistics Properties Trust), Loan Agreement (Industrial Logistics Properties Trust)

No Joint Assessment. Borrower shall not, and shall not allow Senior Borrower to, suffer, permit or initiate the joint assessment of the any Individual Property (a) with any other real property constituting a tax lot separate from the such Individual Property, and (b) which constitutes real property with any portion of the 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 such real property portion of the such Individual Property.

Appears in 2 contracts

Samples: Mezzanine Loan Agreement (W. P. Carey Inc.), Mezzanine Loan Agreement (Net Lease Office Properties)

No Joint Assessment. Borrower shall not suffer, permit or initiate the joint assessment of the Property (ai) with any other real property constituting a tax lot separate from the Property, and (bii) which constitutes real property with any portion of the Property which may be deemed to constitute other personal property, or any other procedure whereby the lien of any taxes which may be levied against such other personal property shall be assessed or levied or charged to such real property portion of the Property.

Appears in 2 contracts

Samples: Loan Agreement (Servico Market Center Inc), Loan Agreement (Servico Market Center Inc)

No Joint Assessment. Borrower shall not suffer, permit 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 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: Loan Agreement (Hilton Worldwide Holdings Inc.), Loan Agreement (Sothebys)

No Joint Assessment. Borrower shall not, and shall not 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 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 a Loan Agreement (Brookfield DTLA Fund Office Trust Investor Inc.), Mezzanine a Loan Agreement (Brookfield DTLA Fund Office Trust Investor Inc.)

No Joint Assessment. No Borrower shall not suffer, permit or initiate the joint assessment of the any Individual Property (ai) with any other real property constituting a tax lot separate from the such Individual Property, and (bii) which constitutes real property with any portion of the Property which may be deemed to constitute other personal property, or any other procedure whereby the lien of any taxes which may be levied against such other personal property shall be assessed or levied or charged to such real property portion of the Individual Property.

Appears in 2 contracts

Samples: Loan Agreement (Lodgian Inc), Loan Agreement (Servico Market Center Inc)

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