Common use of Tenant’s Right; Contest Conditions Clause in Contracts

Tenant’s Right; Contest Conditions. Notwithstanding anything to the contrary in this Lease, Tenant shall have the exclusive right to contest, at its sole cost, by appropriate legal proceedings diligently conducted in good faith, the amount or validity of any Real Estate Taxes or Prohibited Lien; the valuation, assessment, or reassessment (whether proposed, phased, or final) of the Premises for Real Estate Taxes; the amount of any Real Estate Tax; the validity of any Law or its application to the Premises; the terms or conditions of, or requirements for, any Approval; the validity or merit of any claim against which this Lease requires Tenant to Indemnify Landlord; or any other matter involving a Person other than Landlord that Tenant has agreed to comply with or be bound by under this Lease that is susceptible to Contest (any of the foregoing, a "Contest"). Tenant may defer payment or performance of the contested obligation pending outcome of the Contest, provided that Tenant causes the following conditions (collectively, the "Contest Conditions") to remain satisfied:

Appears in 3 contracts

Samples: Lease Agreement, Lease Agreement, Lease Agreement

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Tenant’s Right; Contest Conditions. Notwithstanding anything to the contrary in this Lease, Tenant shall have the exclusive right to contest, at its sole costexpense, by appropriate legal proceedings diligently conducted in good faith, the amount or validity of any Real Estate Taxes Imposition or Prohibited Lien; the valuation, assessment, or reassessment (whether proposed, phased, or final) of the Premises for Real Estate Taxespurposes of Impositions; the amount of any Real Estate TaxImposition; the validity of any Law or its application to the Premises; the terms or conditions of, or requirements for, any Approval; or the validity or merit of any claim against which this Lease requires Tenant to Indemnify Landlord; or any other matter involving a Person other than Landlord that Tenant has agreed to comply with or be bound by under this Lease that is susceptible to Contest (any of the foregoing, a "ContestCONTEST"). Tenant may defer payment or performance of the contested obligation pending the outcome of the Contest, provided that Tenant causes the following conditions (collectively, the "Contest ConditionsCONTEST CONDITIONS") to remain satisfied:

Appears in 1 contract

Samples: Prime Lease (A /P I Deposit Corp)

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