Common use of Tax Contest Clause in Contracts

Tax Contest. Either party may contest the validity or amount of any levied taxes, assessments or other charges for which each is responsible under this Lease as long as such contest is pursued in good faith and with due diligence and the party contesting the tax, assessment or charge has paid the obligation in question or established adequate reserves to pay the obligation in the event of an adverse determination.

Tax Contest. Either party Party may contest the validity or amount of any levied taxes, assessments or other charges for which each is responsible under this Lease Agreement with the applicable taxing authority as long as such contest is pursued in good faith and with due diligence and the party Party contesting the tax, assessment or charge has paid the obligation in question or established adequate reserves to pay the obligation in the event of an adverse determination.

Tax Contest. Either party Party may contest the validity or amount of any levied taxes, assessments or other charges for which each is responsible under this Lease as long as such contest is pursued in good faith and with due diligence and the party Party contesting the tax, assessment or charge has paid the obligation in question or established adequate reserves to pay the obligation in the event of an adverse determination.

Tax Contest. Either party Party may contest the validity or amount of any levied taxes, assessments or other charges for which each is responsible under this Lease Agreement as long as such contest is pursued in good faith and with due diligence and the party contesting the tax, assessment or charge has paid the obligation in question or established adequate reserves to pay the obligation in the event of an adverse determination.