Validity Contest Sample Clauses

Validity Contest. The Company shall promptly pay any and all legal fees and expenses incurred by the Executive from time to time as a direct result of the Company's contesting the due execution, authorization, validity or enforceability of this Agreement.
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Validity Contest. The Company shall promptly pay any and all legal fees and expenses incurred by the Executive from time to time as a direct result of the Company's contesting the due execution, authorization, validity or enforceability of this Agreement. Executive shall have no obligation to mitigate damages suffered as a result of termination of his employment with the Company. The provisions of this Section 7.10 shall survive termination of this Agreement.
Validity Contest. The Company shall promptly pay any and all legal fees and expenses incurred by the Executive from time to time as a direct result of the Company’s contesting the due execution, authorization, validity or enforceability of this Agreement. Executive shall have no obligation to mitigate damages suffered as a result of termination of his employment with the Company. The provisions of this Section 7.10 shall survive termination of this Agreement. Reimbursement of such expenses shall be made promptly and in no event later than December 31 of the year following the year in which such expenses were incurred, and the amount of such expenses eligible for reimbursement in any year shall not affect the amount of such expenses eligible for reimbursement in any other year.
Validity Contest. The validity or enforceability of this Agreement, the Notes, or any other Loan Document is contested by Borrower or Borrower denies liability in respect of its obligations hereunder or thereunder; or
Validity Contest. Section 7.10 shall be amended to add the following as the new last sentence to Section 7.10: “Reimbursement of such expenses shall be made promptly and in no event later than December 31 of the year following the year in which such expenses were incurred, and the amount of such expenses eligible for reimbursement in any year shall not affect the amount of such expenses eligible for reimbursement in any other year.”
Validity Contest. The Company shall promptly pay any and all legal fees and expenses incurred by Executive from time to time as a direct result of the Company’s contesting the due execution, authorization, validity or enforceability of this Agreement. Reimbursement of such expenses shall be made promptly after an expense reimbursement request has been presented to the Company by Executive and in no event later than the last day of Executive’s taxable year following the taxable year in which such expenses were incurred and the reimbursement of such expenses shall be subject to the provisions of Section 25.
Validity Contest. 55 (n) Insurance Claim.................................... 55 Section 9.2 Consequences of Default...................... 55
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Validity Contest. (a) Lessee may contest the validity or amount of any Tax agreed to be paid by Lessee or any assessed valuation of the Real Property, the Improvements and any future Improvements located thereon during the Term and may thereupon defer the payment of any Tax so long as the validity or amount thereof shall be contested by Lessee and by appropriate proceedings without expense to Lessor. Should Lessee be unsuccessful in any such contest, such Taxes and any interest or penalties resulting therefrom shall be discharged by Lessee, Lessee shall hold Lessor harmless from all costs and expenses that may result from such contest. Lessor shall not be required to join in any proceeding or contest brought by Lessee unless the provisions of any Applicable Law requires that the proceeding or contest be brought by or in the name of Lessor or any owner of the Premises, in which case Lessor shall join in the proceeding or contest or permit it to be brought in Lessor’s name without any cost to Lessor. Upon Lessee’s reasonable request, Lessor shall agree to appoint Lessee as Lessor’s attorney-in-fact for the purpose of conducting any such contest and for obtaining information and material necessary for the conduct of such contest.
Validity Contest. 47 (n) Insurance Claim...................................................... 47 Section 9.2
Validity Contest. The Company will promptly pay any and all legal fees and expenses incurred by the Executive from time to time as a direct result of GMI or the Company contesting the due execution, authorization, validity or enforceability of this Agreement.
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