Common use of Assessment Challenges Clause in Contracts

Assessment Challenges. In addition to Tenant's rights under --------------------- Article 12, Tenant may, upon notice to Landlord, at Tenant's option and at ---------- Tenant's sole cost and expense, protest, appeal, or institute such other proceedings as Tenant may deem appropriate to effect a reduction of real estate or personal property assessments and Landlord, at Tenant's expense as aforesaid, shall fully cooperate with Tenant in such protest, appeal, or other action.

Appears in 3 contracts

Sources: Lease (National Golf Properties Inc), Lease (National Golf Properties Inc), Lease (National Golf Properties Inc)

Assessment Challenges. In addition to Tenant's rights under --------------------- Article 12XIII but subject to the requirements thereof, Tenant may, upon notice to Landlord, at Tenant's option and at ---------- Tenant's sole cost and expense, protest, appeal, or institute such other proceedings as Tenant may deem appropriate to effect a reduction of real estate or personal property assessments and Landlord, at Tenant's expense as aforesaid, shall fully cooperate with Tenant in such protest, appeal, or other action.

Appears in 2 contracts

Sources: Lease Agreement (Eldertrust), Lease Agreement (Eldertrust)

Assessment Challenges. In addition to Tenant's rights under Article --------------------- Article ------- 12, Tenant may, upon notice to Landlord, at Tenant's option and at ---------- Tenant's sole -- cost and expense, protest, appeal, or institute such other proceedings as Tenant may deem appropriate to effect a reduction of real estate or personal property assessments assessment and Landlord, at Tenant's expense as aforesaid, shall fully cooperate with Tenant in such protest, appeal, or other action.

Appears in 1 contract

Sources: Lease (National Golf Properties Inc)

Assessment Challenges. In addition to Tenant's rights under --------------------- Article 12XIII but subject to the requirements thereof, Tenant may, upon notice to Landlord, at Tenant's option and at ---------- Tenant's sole cost and expense, protest, appeal, or institute such other proceedings as Tenant may deem appropriate to effect a reduction of real estate or personal property assessments and Landlord, at Tenant's expense as aforesaid, shall fully cooperate with Tenant in such protest, appeal, or other action. Any or all such savings shall inure to the benefit of Tenant during the Term.

Appears in 1 contract

Sources: Sublease Agreement (Eldertrust)