Common use of Right to Contest Taxes and Impositions Clause in Contracts

Right to Contest Taxes and Impositions. Tenant may, at its sole cost and expense, contest the amount or validity of Taxes and Impositions upon the Property by appropriate proceedings. Nothing contained herein shall imply any right on the part of Tenant to postpone such payment unless such proceedings and/or security given shall, to the extent the same were paid or given by Tenant, stay both the collection thereof and the sale of the Property to satisfy same. Landlord, at Tenant’s written request and sole cost and expense, shall join in such proceedings if any law shall so require. Tenant will pay such Taxes and Impositions as they are finally levied, assessed or imposed as a result of any such proceeding. If there shall be any refund payable by the Governmental Authority (as hereinafter defined) with respect to any Taxes and Impositions paid by Tenant, Tenant shall be entitled to receive and retain the same.