Cooperation with Respect to Tax Abatements. Grantee and Grantor will cooperate with each other in obtaining and/or retaining any tax abatement for which Grantor’s Property or the Designated Grantee Equipment may be eligible. Upon written request of the Party seeking an abatement, the other Party hereto will execute and file any and all documents and instruments reasonably necessary to obtain and retain such abatement, without the assumption of any liabilities or obligations, provided that the Party seeking such abatement shall reimburse the cooperating Party for any reasonable expense that such cooperating Party may incur in connection therewith.
Appears in 2 contracts
Samples: Easement and License Agreement (Pepco Holdings Inc), Easement and License Agreement (Calpine Corp)
Cooperation with Respect to Tax Abatements. Grantee and Grantor will cooperate with each other in obtaining and/or retaining any tax abatement for which Grantor’s Property or the Designated Grantee Equipment Generation Facilities may be eligible. Upon written request of the Party seeking an abatement, the other Party hereto will execute and file any and all documents and instruments reasonably necessary to obtain and retain such abatement, without the assumption of any liabilities or obligations, provided that the Party seeking such abatement shall reimburse the cooperating Party for any reasonable expense that such cooperating Party may incur in connection therewith.
Appears in 2 contracts
Samples: Easement and License Agreement (Pepco Holdings Inc), Easement and License Agreement (Calpine Corp)