Common use of Payment of Taxes by Trustee Clause in Contracts

Payment of Taxes by Trustee. Prior to a Change in Control, to the extent that any taxes levied or assessed upon the Trust are not paid by the Company, the Trustee shall pay such taxes out of the Trust as directed by the Company. The Trustee shall, if requested by the Company prior to a Change in Control, and solely in its discretion following a Change in Control, contest the validity or amount of any tax assessment, claim or demand respecting the Trust or any part thereof. The Company itself may contest the validity of any such taxes prior to a Change in Control.