Common use of Landlord’s Contest of Taxes Clause in Contracts

Landlord’s Contest of Taxes. To the extent Landlord desires, in Landlord’s reasonable business judgment, to contest the imposition of any Taxes against the Land and Improvements, Landlord shall proceed with such protest in accordance with applicable laws. Tenant agrees Taxes shall include all of Landlord’s reasonable costs and expenses, including legal fees and court costs, in pursuing any such contest to the extent that Landlord is successful in such contest. There shall be deducted from Taxes the amount of any Taxes refunded in any Lease Year, provided said refund relates to an assessment year included within the Term of this Lease. Tenant, at is sole cost and expense, may initiate a tax contest with Landlord’s prior written consent.

Appears in 7 contracts

Samples: www.sec.gov, Industrial Building Lease (Bway Corp), Industrial Building Lease (Bway Corp)

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Landlord’s Contest of Taxes. To the extent Landlord desires, in Landlord’s reasonable business judgment, to contest the imposition of any Taxes against the Land and Improvements, Landlord shall proceed with such protest in accordance with applicable lawslaw. Tenant agrees Taxes shall include all of Landlord’s reasonable costs and expenses, including legal fees and court costs, in pursuing any such contest to the extent that Landlord is successful in such contest. There shall be deducted from Taxes the amount of any Taxes refunded in any Lease Year, provided said refund relates to an assessment year included within the Term of this Lease. Tenant, at is sole cost and expense, may initiate a tax contest with Landlord’s prior written consent.

Appears in 2 contracts

Samples: Industrial Building Lease (Phoenix Container, Inc.), Industrial Building Lease (Phoenix Container, Inc.)

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Landlord’s Contest of Taxes. To the extent Landlord desires, in Landlord’s reasonable business judgment, judgment to contest the imposition of any Taxes against the Land and Improvements, Landlord shall proceed with such protest in accordance with applicable lawslaw. Tenant agrees Taxes shall include all of Landlord’s reasonable costs and expenses, including legal fees and court costs, in pursuing any such contest to the extent that Landlord is successful in such contest. There shall be deducted from Taxes the amount of any Taxes refunded in any Lease Year, provided said refund relates to an assessment year included within the Term of this Lease. Tenant, at is sole cost and expense, may initiate a tax contest with Landlord’s prior written consent.

Appears in 1 contract

Samples: Industrial Building Lease (Bway Corp)

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