Common use of Amount Increased or Contested Clause in Contracts

Amount Increased or Contested. The Executive shall notify ----------------------------- Xxxxxxxx in writing of any claim by the IRS or other taxing authority that, if successful, would require the payment by Xxxxxxxx of a Gross-up Payment. Such notice shall include the nature of such claim and the date on which such claim is due to be paid. The Executive shall give such notice as soon as practicable, but no later than 10 business days, after the Executive first obtains actual knowledge of such claim; provided, however, that any failure to give or delay in giving such notice shall affect Xxxxxxxx'x obligations under this Paragraph 7 only if and to the extent that such failure results in actual prejudice to Xxxxxxxx. The Executive shall not pay such claim less than 30 days after the Executive gives such notice to Xxxxxxxx (or, if sooner, the date on which payment of such claim is due). If Xxxxxxxx notifies the Executive in writing before the expiration of such period that it desires to contest such claim, the Executive shall:

Amount Increased or Contested. The Executive shall notify ----------------------------- Xxxxxxxx in writing of any claim by the IRS or other taxing authority that, if successful, would require the payment by Xxxxxxxx of a Gross-up Payment. Such notice shall include the nature of such claim and the date on which such claim is due to be paid. The Executive shall give such notice as soon as practicable, but no later than 10 business days, after the Executive first obtains actual knowledge of such claim; provided, however, that any failure to give or delay in giving such notice shall affect Xxxxxxxx'x obligations under this Paragraph 7 only if and to the extent that such failure results in actual prejudice to Xxxxxxxx. The Executive shall not pay such claim less than 30 days after the Executive gives such notice to Xxxxxxxx (or, if sooner, the date on which payment of such claim is due). If Xxxxxxxx notifies the Executive in writing before the expiration of such period that it desires to contest such claim, the Executive shall:

Amount Increased or Contested. The Executive shall notify KCSL ----------------------------- Xxxxxxxx in writing of any claim by the IRS or other taxing authority that, if successful, would require the payment by Xxxxxxxx KCSL of a Gross-up Payment. Such notice shall include the nature of such claim and the date on which such claim is due to be paid. The Executive shall give such notice as soon as practicable, but no later than 10 business days, after the Executive first obtains actual knowledge of such claim; provided, however, that any failure to give or delay in giving such notice shall affect Xxxxxxxx'x KCSL's obligations under this Paragraph 7 only if and to the extent that such failure results in actual prejudice to XxxxxxxxKCSL. The Executive shall not pay such claim less than 30 days after the Executive gives such notice to Xxxxxxxx KCSL (or, if sooner, the date on which payment of such claim is due). If Xxxxxxxx KCSL notifies the Executive in writing before the expiration of such period that it desires to contest such claim, the Executive shall:

Amount Increased or Contested. The Executive shall notify ----------------------------- Xxxxxxxx in writing of any claim by the IRS or other taxing authority that, if successful, would require the payment by Xxxxxxxx of a Gross-up Payment. Such notice shall include the nature of such claim and the date on which such claim is due to be paid. The Executive shall give such notice as soon as practicable, but no later than 10 ten (10) business days, after the Executive first obtains actual knowledge of such claim; provided, however, that any failure to give or delay in giving such notice shall affect Xxxxxxxx'x obligations under this Paragraph 7 only if and to the extent that such failure results in actual prejudice to Xxxxxxxx. The Executive shall not pay such claim less than 30 thirty (30) calendar days after the Executive gives such notice to Xxxxxxxx (or, if sooner, the date on which payment of such claim is due). If Xxxxxxxx notifies the Executive in writing before the expiration of such period that it desires to contest such claim, the Executive shall: