Common use of Contest of Taxes Clause in Contracts

Contest of Taxes. Anything in this Article to the contrary notwithstanding, Lessor agrees that Lessee shall have the right, at Lessee's sole cost and expense, to contest the legality, validity, or the basis of calculation, of any of the taxes, assessments or other public charges provided to be paid by Lessee, but no such contest shall be carried on or maintained by Lessee after such taxes, assessments or other public charges become delinquent unless Lessee shall have duly paid the amount involved under protest or shall procure and maintain a stay of all proceedings to enforce any collection thereof and any forfeiture or sale of the Demised Premises, and shall also provide for payment thereof together with all penalties, interest, cost and expense by deposit of a sufficient sum of money or by a good and sufficient undertaking as may be required by law to accomplish such stay. Lessor agrees that it will, at the request of Lessee, execute or join in the execution of any instrument or documents necessary in connection with any such contest except bonds or undertakings. In the event any such contest is made by Lessee, Lessee shall promptly, upon final determination thereof adversely to Lessee, pay and discharge the amount involved, or affected by, any such contest, together with any penalties, fines, interest, costs and expenses that may have accrued thereon.

Contest of Taxes. Anything in this Article to the contrary notwithstanding, Lessor agrees that Lessee shall have the right, at Lessee's sole cost and expense, to contest the legality, validity, or the basis of calculation, of any of the taxes, assessments or other public charges provided to be paid by 4 4 Lessee, but no such contest shall be carried on or maintained by Lessee after such taxes, assessments or other public charges become delinquent unless Lessee shall have duly paid the amount involved under protest or shall procure and maintain a stay of all proceedings to enforce any collection thereof and any forfeiture or sale of the Demised Premises, and shall also provide for payment thereof together with all penalties, interest, cost and expense by deposit of a sufficient sum of money or by a good and sufficient undertaking as may be required by law to accomplish such stay. Lessor agrees that it will, at the request of Lessee, execute or join in the execution of any instrument or documents necessary in connection with any such contest except bonds or undertakings. In the event any such contest is made by Lessee, Lessee shall promptly, upon final determination thereof adversely to Lessee, pay and discharge the amount involved, or affected by, any such contest, together with any penalties, fines, interest, costs and expenses that may have accrued thereon.. 5 5

Contest of Taxes. Anything in this Article to the contrary notwithstanding, Lessor agrees that Lessee shall have the right, at Lessee's sole cost and expense, to contest the legality, validity, or the basis of calculation, of any of the taxes, assessments or other public charges provided to be paid by Lessee, but no such contest shall be carried on or maintained by Lessee after such taxes, assessments or other public charges become 4 4 delinquent unless Lessee shall have duly paid the amount involved under protest or shall procure and maintain a stay of all proceedings to enforce any collection thereof and any forfeiture or sale of the Demised Premises, and shall also provide for payment thereof together with all penalties, interest, cost and expense by deposit of a sufficient sum of money or by a good and sufficient undertaking as may be required by law to accomplish such stay. Lessor agrees that it will, at the request of Lessee, execute or join in the execution of any instrument or documents necessary in connection with any such contest except bonds or undertakings. In the event any such contest is made by Lessee, Lessee shall promptly, upon final determination thereof adversely to Lessee, pay and discharge the amount involved, or affected by, any such contest, together with any penalties, fines, interest, costs and expenses that may have accrued thereon.