Common use of Contested Taxes Clause in Contracts

Contested Taxes. Lessee shall have the right, at ▇▇▇▇▇▇'s own expense, to contest the validity or amount of any tax or charge referred to in Paragraphs 7.01 and 7.02, if Lessee does so by legal proceedings promptly instituted and diligently conducted. Lessee shall pay the tax or charge in question before initiating any proceedings. If taxes or charges are reduced or cancelled, Lessee will be entitled to the refund of any amount previously paid by Lessee, unless Lessee is in default under the Lease.

Appears in 1 contract

Sources: Tanker Trailer Lease

Contested Taxes. Lessee shall have the right, at ▇▇▇▇▇▇Lessee's own expense, to contest the validity or amount of any tax or charge referred to in Paragraphs 7.01 and 7.02, if Lessee does so by legal proceedings promptly instituted and diligently conducted. Lessee shall pay the tax or charge in question before initiating any proceedings. If taxes or charges are reduced or cancelledcanceled, Lessee will be entitled to the refund of any amount previously paid by Lessee, unless Lessee is in default under the Lease.

Appears in 1 contract

Sources: Commercial Property Lease (Pilgrims Pride Corp)