Contest Taxes Sample Clauses

Contest Taxes. The Landlord covenants and agrees that, upon prior Notice to the Landlord, the Tenant shall have the right, at its expense, to contest the amount and/or legality of any Taxes, business taxes (of the Tenant), assessments and/or any other rates and charges which the Tenant is obligated under the terms of this Lease to pay to a Governmental Authority, either in whole or in part and/or to make application for cancellation or reduction of same or any assessment upon which the same may be based, and the Landlord agrees at the request of the Tenant to consent to or authorize such action by the execution of any document necessary in connection with such contest or application at no cost to the Landlord, and the prosecution of any such contest or application should be without obligation or cost to the Landlord unless the Landlord chooses to be a party thereto. If the Tenant shall contest the amount and/or legality of any such Taxes, business taxes, assessments and/or any other rates and charges which the Tenant is obligated under the terms of this Lease to pay either in whole or in part and/or make application for cancellation or reduction thereof or any assessment upon which the same may be based, the time within which the Tenant shall be required to pay the same either in whole or in part shall, if permitted by law, be extended until such contest or application shall have been finally determined, provided such Taxes and/or assessments are bona fide contested and such contestation is promptly prosecuted and does not subject the Demised Premises to forfeiture or sale or otherwise cause the Landlord to be in default for the payment of Taxes or incur penalties, interest charges or fines with respect thereto. The Tenant agrees that it will prosecute any such contest and/or application with due diligence and at its own expense on its own behalf without obligation of the Landlord, and the benefit of such contest and/or application shall be applied to the Demised Premises. If the Tenant is not contesting or appealing Taxes, the Landlord may, at its own expense (provided Landlord may in any year, including later years, recover from Tenant Landlord’s reasonable expenses in connection therewith to the extent of the lesser of (i) any reduction in Taxes in such year resulting from Landlord’s actions, and (ii) the total of Landlord’s reasonable expenses less any amount recovered by Landlord from the Tenant in respect of such expenses in a preceding year) and with the prior wri...
AutoNDA by SimpleDocs

Related to Contest Taxes

  • Current Taxes Adequate provisions have been made for taxes payable for the current period for which tax returns are not yet required to be filed and there are no agreements, waivers, or other arrangements providing for an extension of time with respect to the filing of any tax return by, or payment of, any tax, governmental charge or deficiency by the Company. The Vendors are not aware of any contingent tax liabilities or any grounds which would prompt a reassessment including aggressive treatment of income and expenses in filing earlier tax returns; The Company- Applicable Laws and Legal Matters

  • Taxes The Company shall pay, and shall cause each of its Subsidiaries to pay, prior to delinquency, all material taxes, assessments, and governmental levies except such as are contested in good faith and by appropriate proceedings or where the failure to effect such payment is not adverse in any material respect to the Holders of the Notes.

  • Expenses; Taxes Except as otherwise provided in this Agreement, the parties shall pay their own fees and expenses, including their own counsel fees, incurred in connection with this Agreement or any transaction contemplated hereby. Any sales tax, stamp duty, deed transfer or other tax (except taxes based on the income of the Investor) arising out of the issuance of the Shares (but not with respect to subsequent transfers) by the Issuer to the Investor and consummation of the transactions contemplated by this Agreement shall be paid by the Issuer.

  • 01 Taxes 46 3.02 Illegality.........................................................47 3.03

  • Ad Valorem Taxes Prior to delinquency, Tenant shall pay all taxes and assessments levied upon trade fixtures, alterations, additions, improvements, inventories and personal property located and/or installed on or in the Premises by, or on behalf of, Tenant; and if requested by Landlord, Tenant shall promptly deliver to Landlord copies of receipts for payment of all such taxes and assessments. To the extent any such taxes are not separately assessed or billed to Tenant, Tenant shall pay the amount thereof as invoiced by Landlord.

  • Transaction Taxes Fund is responsible for all taxes, levies, duties, and assessments levied on Services purchased under this Agreement (collectively, “Transaction Taxes”). Computershare is responsible for collecting and remitting Transaction Taxes in all jurisdictions in which Computershare is registered to collect such Transaction Taxes. Computershare shall invoice Fund for such Transaction Taxes that Computershare is obligated to collect upon the furnishing of Services. Fund shall pay such Transaction Taxes according to the terms in Section 7.3. Computershare shall timely remit to the appropriate governmental authorities all such Transaction Taxes that Computershare collects from Fund. To the extent that Fund provides Computershare with valid exemption certificates, direct pay permits, or other documentation that exempts Computershare from collecting Transaction Taxes from Fund, invoices issued for Services provided after Computershare’s receipt of such certificates, permits, or other documentation will not reflect exempted Transaction Taxes. Computershare is solely responsible for the payment of all personal property taxes, franchise taxes, corporate excise or privilege taxes, property or license taxes, taxes relating to Computershare’s personnel, and taxes based on Computershare’s net income or gross revenues relating to Services.

  • Other Taxes In addition, to the fullest extent permitted by applicable law, the Borrower agrees to pay any present or future stamp or documentary taxes or any other excise or property taxes, charges or similar levies that arise from any payment made hereunder or from the execution, delivery or registration of, or otherwise with respect to, this Agreement, any Assignment or any Security Instrument (hereinafter referred to as "Other Taxes").

  • Tax Returns; Taxes Except as otherwise disclosed on Schedule 3.13:

  • Income Taxes Paragraph 1. The authority citation for part 1 continues to read in part as follows: Authority: 26 U.S.C. 7805 * * * EXHIBIT G-2 FORM OF TRANSFEROR CERTIFICATE __________ , 20__ Residential Funding Mortgage Securities I, Inc. 8400 Normandale Xxxx Xxxxxxxxx Xxxxx 000 Xxxxxxxxxxx, Xxxxxxxxx 00000 [Trustee] Attention: Residential Funding Corporation Series _______ Re: Mortgage Pass-Through Certificates, Series ________, Class R[-__] Ladies and Gentlemen: This letter is delivered to you in connection with the transfer by _____________________ (the "Seller") to _____________________(the "Purchaser") of $______________ Initial Certificate Principal Balance of Mortgage Pass-Through Certificates, Series ________, Class R[-__] (the "Certificates"), pursuant to Section 5.02 of the Series Supplement, dated as of ________________, to the Standard Terms of Pooling and Servicing Agreement dated as of ________________ (together, the "Pooling and Servicing Agreement") among Residential Funding Mortgage Securities I, Inc., as seller (the "Company"), Residential Funding Corporation, as master servicer, and __________, as trustee (the "Trustee"). All terms used herein and not otherwise defined shall have the meanings set forth in the Pooling and Servicing Agreement. The Seller hereby certifies, represents and warrants to, and covenants with, the Company and the Trustee that:

  • Indemnity for Taxes The Borrowers hereby indemnify and agree to hold each Creditor Party harmless from and against all taxes other than Non-indemnified Taxes levied on such Creditor Party (including, without limitation, taxes imposed on any amounts payable under this Clause 23.5) paid or payable by such person, whether or not such taxes or other taxes were correctly or legally asserted. Such indemnification shall be paid within 10 days from the date on which such Creditor Party makes written demand therefore specifying in reasonable detail the nature and amount of such taxes or other taxes.

Time is Money Join Law Insider Premium to draft better contracts faster.