Common use of Waiver of Right To Contest Taxes Clause in Contracts

Waiver of Right To Contest Taxes. Tenant hereby waives any right it may have under Section 41.413 of Texas Tax Code to protest the appraised value of all or any portion of the Premises and the Building, and any right it may have under Section 42.015 of the Texas Tax Code to appeal an order of the appraisal review board with respect to all or any portion of the Premises and/or the Building. Tenant agrees that Landlord shall have the sole right to protest any appraisals of the Premises and the Project. Tenant also hereby waives any right it may have to receive a copy of any notice received by Landlord of reappraisal of all or any portion of the Premises and/or the Project, including without limitation any notice required under Section 41.413(d) of the Texas Tax Code. Tenant agrees that Landlord shall not be liable to Tenant for any damages for Landlord’s failure to send to Tenant a copy of any invoice of reappraisal concerning the Premises and/or the Project, irrespective of any obligation under applicable law of Landlord to provide such notice. Not withstanding the foregoing, if Tenant protests, challenges or appeals any valuation for property tax purposes of all or any portion of the Premises and/or the Project, and such valuation increases from the value protested, appealed, or challenged, Tenant agrees to indemnify Landlord on an after-tax basis for any property taxes due as a result of such increase.

Waiver of Right To Contest Taxes. Tenant hereby waives any right it may have under Section 41.413 of Texas Property Tax Code to protest the appraised value of all or any portion of the Premises and the BuildingProperty, and any right it may have under Section 42.015 of the Texas Property Tax Code to appeal an order of the appraisal review board with respect to all or any portion of the Premises and/or the BuildingProperty. Tenant agrees that Landlord shall have the sole right to protest any appraisals of the Premises and the ProjectProperty. Tenant also hereby waives any right it may have to receive a copy of any notice received by Landlord of reappraisal of all or any portion of the Premises and/or the ProjectProperty, including without limitation any notice required under Section 41.413(d) of the Texas Property Tax Code. Tenant agrees that Landlord shall not be liable to Tenant for any damages for Landlord’s failure to send to Tenant a copy of any invoice of reappraisal concerning the Premises and/or the ProjectProperty, irrespective of any obligation under applicable law of Landlord to provide such notice. Not withstanding Notwithstanding the foregoing, if Tenant protests, challenges or appeals any valuation for property tax purposes of all or any portion of the Premises and/or the ProjectProperty, and such valuation increases from the value protested, appealed, appealed or challenged, Tenant agrees to indemnify Landlord on an after-tax basis for any property taxes due as a result of such increase.. WITNESS the execution hereof under seal on the day and year first above written. Landlord: Hub Properties Trust By: /s/ Xxxxx X. Xxxxxx Xxxxx X. Xxxxxx Senior Vice President Tenant: Phunware, Inc. By: /s/ Xxxx Xxxx Name: Xxxx Xxxx Title: CFO EXHIBIT A PLAN SHOWING THE PREMISES EXHIBIT A Premises is comprised of 3,646 RSF shown as Suite 210W and hatched. EXHIBIT B

Waiver of Right To Contest Taxes. Tenant Lessee hereby waives any right it may have under Section 41.413 of Texas Tax Code to protest the appraised value of all or any portion of the Premises and the Buildingappurtenant property, and any right it may have under Section 42.015 of the Texas Tax Code to appeal an order of the appraisal review board with respect to all or any portion of the Premises and/or the Buildingand appurtenant property. Tenant Xxxxxx agrees that Landlord Lessor shall have the sole right to protest any appraisals of the Premises and the Projectappurtenant property. Tenant Lessee also hereby waives any statutory right it may have to receive a copy of any notice received by Landlord Lessor of reappraisal of all or any portion of the Premises and/or the Projectappurtenant property, including without limitation any notice required Lessor Lessee under Section 41.413(d) of the Texas Tax Code. Tenant Xxxxxx agrees that Landlord Lessor shall not be liable to Tenant Lessee for any damages for LandlordLessor’s failure to send to Tenant Lessee a copy of any invoice of reappraisal concerning the Premises and/or the Projectany appurtenant property, irrespective of any obligation under applicable law of Landlord Lessor to provide such notice. Not withstanding From time to time, Lessor, in its reasonable discretion, shall make commercially reasonable efforts to challenge unfair assessments of taxes by contesting or objecting to increase in the determination of the fair market value of the premises and appurtenant property for real estate tax purposes and (if applicable) the tax rate imposed by the taxing authorities. Notwithstanding the foregoing, if Tenant Lessee protests, challenges or appeals any valuation for property tax purposes of all or any portion of the Premises and/or the Projectappurtenant property, and such valuation increases from the value protested, appealedappealed or challenged as a result of such protest, challenge or challengedappeal by Xxxxxx, Tenant Xxxxxx agrees to indemnify Landlord Lessor on an after-tax basis for any property taxes due as a result of such increase.

Waiver of Right To Contest Taxes. Tenant hereby waives any right it may have under Section 41.413 of Texas Tax Code to protest the appraised value of all or any portion of the Premises and the Building, and any right it may have under Section 42.015 of the Texas Tax Code to appeal an order of the appraisal review board with respect to all or any portion of the Premises and/or the Building. Tenant agrees that Landlord shall have the sole right to protest any appraisals of the Premises and the ProjectBuilding. Tenant also hereby waives any right it may have to receive a copy of any notice received by Landlord of reappraisal of all or any portion of the Premises and/or the ProjectBuilding, including without limitation any notice required under Section 41.413(d) of the Texas Tax Code. Tenant agrees that Landlord shall not be liable to Tenant for any damages for Landlord’s failure to send to Tenant a copy of any invoice of reappraisal concerning the Premises and/or the ProjectBuilding, irrespective of any obligation under applicable law of Landlord to provide such notice. Not withstanding the foregoing, if Tenant protests, challenges or appeals any valuation for property tax purposes of all or any portion of the Premises and/or the ProjectBuilding, and such valuation increases from the value protested, appealed, or challenged, Tenant agrees to indemnify Landlord on an after-tax basis for any property taxes due as a result of such increase.