Common use of Protest Rights Clause in Contracts

Protest Rights. (a) The Supplier will promptly and timely notify the Company of any threatened, pending or actual assessment of GST or similar Tax, excise or similar Tax, or any Customs Tax or other Tax for which the Supplier may seek reimbursement from the Company. (b) For the purposes of this clause 16.7 ‘promptly and timely’ means advanced notice so that the Company has sufficient time and reasonable opportunity to appeal, object, protest or litigate the pending or actual assessment in an appropriate venue. At the Company’s request and cost, the Supplier will immediately initiate any appeal, objection, protest or litigation in the Supplier’s own name where the Supplier is the only Party that can initiate such action. The Supplier will cooperate and assist the Company in relation to any requested action. (c) To the extent that the Supplier fails to give prompt and timely notice for any cause, the Company has no obligation to, and will not, reimburse the Supplier for that Tax or cost.