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 1 contract

Sources: Lease Agreement (Presidio Golf Trust)

Assessment Challenges. In addition to Tenant's rights under Article 12, Tenant may, upon notice to LandlordLandlord and otherwise in compliance with Article 12, 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 reasonably cooperate with Tenant in such protest, appeal, or other action.

Appears in 1 contract

Sources: Lease Agreement (Presidio Golf Trust)