Common use of Contested Taxes Clause in Contracts

Contested Taxes. Neither Party shall be required to pay any such tax, assessment, charge, levy, account payable or claim if the validity, applicability or amount thereof is being contested in good faith by appropriate actions or proceedings which will prevent the forfeiture or sale of any property utilized under this Agreement or any material interference with the use thereof.

Appears in 2 contracts

Samples: Lignite Sales Agreement (Nacco Industries Inc), Lignite Sales Agreement (Nacco Industries Inc)

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Contested Taxes. Neither Party shall be required to pay any such tax, assessment, charge, levy, account payable or claim if the validity, applicability or amount thereof is being contested in good faith by appropriate actions or proceedings (including posting security as may be required) which will prevent the forfeiture or sale of any property utilized under this Agreement or any material interference with the use thereof.

Appears in 1 contract

Samples: Power Sales Agreement (Aquila Inc)

Contested Taxes. Neither Party shall be required to pay any --------------- such tax, assessment, charge, levy, account payable or claim if the validity, applicability or amount thereof is being contested in good faith by appropriate actions or proceedings (including posting security as may be required) which will prevent the forfeiture or sale of any property utilized under this Agreement or any material interference with the use thereof.

Appears in 1 contract

Samples: Power Sales Agreement (Dominion Resources Inc /Va/)

Contested Taxes. Neither Party shall be required to pay any such tax, --------------- assessment, charge, levy, account payable or claim if the validity, applicability or amount thereof is being contested in good faith by appropriate actions or proceedings which will prevent the forfeiture or sale of any property utilized under this Agreement or any material interference with the use thereof.

Appears in 1 contract

Samples: Power Sales Agreement (Dominion Resources Inc /Va/)

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Contested Taxes. Neither Party shall be required to pay any such --------------- tax, assessment, charge, levy, account payable or claim if the validity, applicability or amount thereof is being contested in good faith by appropriate actions or proceedings (including posting security as may be required) which will prevent the forfeiture or sale of any property utilized under this Agreement or any material interference with the use thereof.

Appears in 1 contract

Samples: Power Sales Agreement (Dominion Resources Inc /Va/)

Contested Taxes. Neither Party shall be required to pay any such tax, assessment, charge, levy, account payable or claim if the validity, applicability or amount thereof is being contested in good faith by appropriate actions or proceedings (including posting security as may be 45 required) which will prevent the forfeiture or sale of any property utilized under this Agreement or any material interference with the use thereof.

Appears in 1 contract

Samples: Power Sales Agreement (Aquila Inc)

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