Common use of Returns and Reports Clause in Contracts

Returns and Reports. The Lessor, at its expense, shall, to the extent permitted by applicable law, prepare and file all tax returns and reports as may be required by Governmental Authorities in respect of the Lessor's net income, gross receipts, franchise taxes and taxes on its capital stock, and the Lessee, at its expense, shall, to the extent permitted by applicable laws and regulations, prepare and file all other tax returns and reports in respect of any Imposition as may be required by Governmental Authorities. The Lessor and the Lessee shall, upon request of the other, provide such data as is maintained by the party to whom the request is made with respect to the Leased Property as may be necessary to prepare any required returns and reports. In the event that any Governmental Authority classifies any property covered by this Lease as personal property, the Lessee shall file all personal property tax returns in such jurisdictions where it may legally so file. The Lessor, to the extent it possesses the same, and the Lessee, to the extent it possesses the same, will provide the other party, upon request, with cost and depreciation records necessary for filing returns for any portion of Leased Property so classified as personal property. Where the Lessor is legally required to file personal property tax returns, if the Lessee notifies the Lessor of the obligation to do so in each year at least thirty (30) days prior to the date any protest must be filed, the Lessee will be provided with copies of assessment notices so as to enable the Lessee to file a protest.

Appears in 11 contracts

Samples: Facility Lease Agreement (Carematrix Corp), Facility Lease Agreement (Carematrix Corp), Development and Turnkey Services Agreement (Standish Care Co)

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Returns and Reports. The Lessor, at its expense, shall, to the extent permitted by applicable law, prepare and file all tax returns and reports as may be required by Governmental Authorities in respect of the Lessor's net income, gross receipts, franchise taxes and taxes on its capital stock, and the Lessee, at its expense, shall, to the extent permitted by applicable laws and regulations, prepare and file all other tax returns and reports in respect of any Imposition as may be required by Governmental Authorities. The Lessor and the Lessee shall, upon request of the other, provide such data as is maintained by the party to whom the request is made with respect to the Leased Property as may be necessary to prepare any required returns and reports. In the event that any Governmental Authority classifies any property covered by this Lease as personal property, the Lessee shall file all personal property tax returns in such jurisdictions where it may legally so file. The Lessor, to the extent it possesses the same, and the Lessee, to the extent it possesses the same, will provide the other party, upon request, with cost and depreciation records necessary for filing returns for any portion of Leased Property so classified as personal property. Where the Lessor is legally required to file personal property tax returns, if the Lessee notifies the Lessor of the obligation to do so in each year at least thirty (30) days prior to the date any protest must be filed, the Lessee will be provided with copies of assessment notices so as to enable the Lessee to file a protest.

Appears in 3 contracts

Samples: Facility Lease Agreement (Emeritus Corp\wa\), Facility Lease Agreement (Balanced Care Corp), Facility Lease Agreement (Emeritus Corp\wa\)

Returns and Reports. The Lessor, at its expense, shall, to the extent permitted by applicable law, prepare and file all tax returns and reports as may be required by Governmental Authorities in respect of the Lessor's net income, gross receipts, franchise taxes and taxes on its capital stock, and the Lessee, at its expense, shall, to the extent permitted by applicable laws and regulations, prepare and file fine all other tax returns and reports in respect of any Imposition as may be required by Governmental Authorities. The Lessor and the Lessee shall, upon request of the other, provide such data as is maintained by the party to whom the request is made with respect to the Leased Property as may be necessary to prepare any required returns and reports. In the event that any Governmental Authority classifies any property covered by this Lease as personal property, the Lessee shall file all personal property tax returns in such jurisdictions where it may legally so file. The Lessor, to the extent it possesses the same, and the Lessee, to the extent it possesses the same, will provide the other party, upon request, with cost and depreciation records necessary for filing returns for any portion of Leased Property so classified as personal property. Where the Lessor is legally required to file personal property tax returns, if the Lessee notifies the Lessor of the obligation to do so in each year at least thirty (30) days prior to the date any protest must be filed, the Lessee will be provided with copies of assessment notices so as to enable the Lessee to file a protest.

Appears in 1 contract

Samples: Facility Lease Agreement (Alterra Healthcare Corp)

Returns and Reports. The Lessor, ; at its expense, shall, to the extent permitted by applicable law, prepare and file all tax returns and reports as may be required by Governmental Govemmental Authorities in respect of the Lessor's net income, gross receipts, franchise taxes and taxes on taxes.on its capital stock, and the Lessee, at its expense, shall, to the extent permitted by applicable laws law.s and regulations, prepare and file all other tax returns 25 and reports in respect of any ofany Imposition as may be required by Governmental Authorities. The Lessor and the Lessee shall, upon request of the ofthe other, provide such data as is maintained by the party to whom the request is made with respect to the Leased Property as may be necessary to prepare any required returns and reports. In the event that any Governmental Authority Govermentalized Authoizty classifies any property covered by this Lease as personal property, the Lessee shall file all personal property tax returns in such jurisdictions suchjurisdictions where it may legally so filefle. The Lessor, to the extent it possesses the same, and the Lessee, to the extent it possesses the same, will provide the other party, upon request, with cost and depreciation records necessary for filing returns for any portion of Leased Property so classified as personal property. Where the Lessor is legally required to file personal property tax returns, if the Lessee notifies the Lessor of the ofthe obligation to do so in each year at least thirty (30) days prior to the date any protest must be filedfled, the Lessee will be provided with copies of assessment ofassessment notices so as to enable the Lessee to file a protest.. 4.1.4

Appears in 1 contract

Samples: Facility Lease Agreement (Emeritus Corp\wa\)

Returns and Reports. The Lessor, at its expense, shall, to the extent permitted by applicable law, prepare and file all tax returns and reports as may be required by Governmental Authorities in respect of the Lessor's net income, gross receipts, franchise taxes and taxes on its capital stock, and the Lessee, at its expense, shall, to the extent permitted by applicable laws and regulations, prepare and file all other tax returns and reports in respect of any Imposition as may be required by Governmental Authorities. The Lessor and the Lessee shall, upon request of the other, provide such data as is maintained by the party to whom the request is made with respect to the Leased Property as may be necessary to prepare any required returns and arid reports. In the event that any Governmental Authority classifies any property covered by this Lease as personal property, the Lessee shall file all personal property tax returns in such jurisdictions where it may legally so file. The Lessor, to the extent it possesses the same, and the Lessee, to the extent it possesses the same, will provide the other party, upon request, with cost and depreciation records necessary for filing returns for any portion of Leased Property so classified as personal property. Where the Lessor is legally required to file personal property tax returns, if the Lessee notifies the Lessor of the obligation to do so in each year at least thirty (30) days prior to the date any protest must be filed, the Lessee will be provided with copies of assessment notices so as to enable the Lessee to file a protest.

Appears in 1 contract

Samples: Facility Lease Agreement (Alterra Healthcare Corp)

Returns and Reports. The Lessor, at its expense, shall, to the extent permitted by applicable lawlaw and subject to Section 11.3.9, prepare and file all tax returns and reports as may be required by Governmental Authorities in respect of the Lessor's net income, gross receipts, franchise taxes and taxes on its capital stock, and the Lessee, at its expense, shall, to the extent permitted by applicable laws and regulations, prepare and file all other tax returns and reports in respect of any Imposition as may be required by Governmental Authorities. The Lessor and the Lessee shall, upon request of the other, provide such data as is maintained by the party to whom the request is made with respect to the Leased Property as may be necessary to prepare any required returns and reports. In the event that any Governmental Authority classifies any property covered by this Lease as personal property, the Lessee shall file all personal property tax returns in such jurisdictions where it may legally so file. The Lessor, to the extent it possesses the same, and the Lessee, to the extent it possesses the same, will provide the other party, upon request, with cost and depreciation records necessary for filing returns for any portion of Leased Property so classified as personal property. Where the Lessor is legally required to file personal property tax returns, if the Lessee notifies the Lessor of the obligation to do so in each year at least thirty (30) days prior to the date any protest must be filed, the Lessee will be provided with copies of assessment notices so as to enable the Lessee to file a protest.

Appears in 1 contract

Samples: Facility Lease Agreement (Carematrix Corp)

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Returns and Reports. The Lessor, at its expense, shall, to the extent permitted by applicable law, prepare and file all tax returns and reports as may be required by by- Governmental Authorities in respect of the Lessor's net income, gross receipts, franchise taxes and taxes on its capital stock, and the Lessee, at its expense, shall, to the extent permitted by applicable laws and regulations, prepare and file all other tax returns and reports in respect of any if all Imposition as may be required by Governmental Authorities. The Lessor and the Lessee shall, upon request of the other, provide such data as is maintained by the party to whom the request is made with respect to the Leased Property as may be necessary to prepare any required returns and reports. In the event that any Governmental Authority classifies any property covered by this Lease as personal property, the Lessee shall file all personal property tax returns in such jurisdictions where it may legally so file. The Lessor, to the extent it possesses the same, and the Lessee, to the extent it possesses the same, will provide the other party, upon request, with cost and depreciation records necessary for filing returns for any portion of Leased Property so classified as personal property. Where the Lessor is legally required to file personal property tax returns, if the Lessee notifies the Lessor of the obligation to do so in each year at least thirty (30) days prior to the date any protest must be filed, the Lessee will be provided with copies of assessment notices so as to enable the Lessee to file a protest.. 4.1.4

Appears in 1 contract

Samples: Facility Lease Agreement (Emeritus Corp\wa\)

Returns and Reports. The Lessor, at its expense, shall, to the extent permitted by applicable law, prepare and file all tax returns and reports as may be required by Governmental Authorities in respect of the Lessor's net income, gross receipts, franchise taxes and taxes on its capital stock, and the Lessee, at its expense, shall, to the extent permitted by applicable laws and regulations, prepare and file all other tax returns and reports in respect of any Imposition Impositions as may be required by Governmental Authorities. The Lessor and the Lessee shall, upon request of the other, provide such data as is maintained by the party to whom the request is made with respect to the Leased Property as may be necessary to prepare any required returns and reports. In the event that any Governmental Authority classifies Authorities classify any property covered by this Lease as personal property, the Lessee shall file all personal property tax returns in such jurisdictions where it may legally so is required by law to file. The Lessor, to the extent it possesses the same, and the Lessee, to the extent it possesses the same, will provide the other party, upon request, with cost costs and depreciation records necessary for filing returns for any portion of Leased Property property so classified as personal property. Where the If Lessor is legally required receives any assessment notice with regard to file any personal property tax returnsrelating to any Personal Property within the Leased Improvements, if the Lessor shall use its best efforts to provide Lessee notifies the Lessor of the obligation to do so in each year at least thirty (30) days prior to the date any protest must be filed, the Lessee will be provided with copies of such assessment notices so as to enable the within a time frame which allows Lessee to file a protestprotest pursuant to Article 16 below.

Appears in 1 contract

Samples: And Attornment Agreement (Iasis Healthcare Corp)

Returns and Reports. The Lessor, at its expense, shall, to the extent permitted by applicable law, prepare and file all tax returns and reports as may be required by Governmental Authorities in respect of the Lessor's net income, gross receipts, franchise taxes and taxes on its capital stock, and the Lessee, at its expense, shall, to the extent permitted by applicable laws and regulations, prepare and file all other tax returns and reports in respect of any Imposition as may be required by Governmental Authorities. The Lessor and the Lessee shall, upon request of the other, provide such data as is maintained by the party to whom the request is made with respect to the Leased Property as may be necessary to prepare any required returns and reports. In the event that any Governmental Authority classifies any property covered by this Lease as personal property, the Lessee shall file all personal property tax returns in such jurisdictions where it may legally so file. The Lessor, to the extent it possesses the same, and the Lessee, to the extent it possesses the same, will provide the other party, upon request, with cost and depreciation records necessary for filing returns for any portion of Leased Property so classified as personal property. Where the Lessor is legally required to file personal property tax returns, if the Lessee notifies the Lessor of the obligation to do so in each year at least thirty (30) days prior to the date any protest must be filed, the Lessee will be provided with copies of assessment notices so as to enable the Lessee to file a protest.. 4.1.4

Appears in 1 contract

Samples: Facility Lease Agreement (Emeritus Corp\wa\)

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