Common use of Payment under Protest Clause in Contracts

Payment under Protest. Notwithstanding anything to the contrary in this Agreement, if a dispute arises between County and Lessee with respect to any obligation or alleged obligation of Lessee to pay money, the payment under protest by Lessee of the amount claimed by County to be due shall not waive any of Lessee’s rights, and if any court or other body having jurisdiction determines that all or any part of the protested payment was not due, then County shall as promptly as reasonably practicable reimburse Lessee any amount determined as not due. County shall not be required to pay any interest on any such reimbursed sums.

Appears in 3 contracts

Sources: Marine Terminal Lease and Operating Agreement, Marine Terminal Lease and Operating Agreement, Lease Agreement

Payment under Protest. Notwithstanding anything to the contrary in this Agreement, if a dispute arises between County and Lessee ▇▇▇▇▇▇ with respect to any obligation or alleged obligation of Lessee to pay money, the payment under protest by Lessee ▇▇▇▇▇▇ of the amount claimed by County to be due shall not waive any of Lessee’s rights, and if any court or other body having jurisdiction determines that all or any part of the protested payment was not due, then County shall as promptly as reasonably practicable reimburse Lessee any amount determined as not due. County shall not be required to pay any interest on any such reimbursed sums.

Appears in 1 contract

Sources: Terminal Building Lease Agreement