Common use of Protest Clause in Contracts

Protest. Tenant may, at its own cost and expense, protest and contest, by legal proceedings or otherwise, the validity or amount of any such tax or assessment herein agreed to be paid by Tenant and shall first pay said tax or assessment under protest if legally required as a condition to such protest and contest, and the Tenant shall not in the event of and during the bona fide prosecution of such protest or proceedings be considered in default with respect to the payment of such taxes or assessments in accordance with the terms of this Lease.

Appears in 6 contracts

Samples: Development and Disposition Agreement, Development Agreement, Development and Disposition Agreement

AutoNDA by SimpleDocs

Protest. Tenant may, at its own cost and expense, expense protest and contest, by legal proceedings or otherwise, the validity or amount of any such tax or assessment herein agreed to be paid by Tenant and shall first pay said tax or assessment under protest if legally required as a condition to such protest and contest, and the Tenant shall not in the event of and during the bona fide prosecution of such protest or proceedings be considered as in default with respect to the payment of such taxes or assessments in accordance with the terms of this Lease.

Appears in 5 contracts

Samples: Development Agreement, Development and Disposition Agreement, Development Parcel Agreement

Protest. Tenant may, at its own cost and expense, expense protest and contest, by legal proceedings or otherwise, the validity or amount of any such tax or assessment herein agreed to be paid by Tenant and shall first pay said tax or assessment under protest if legally required as a condition to such protest and contest, and the . Tenant shall not not, in the event of and during the bona fide prosecution of such protest or proceedings proceedings, be considered in default with respect to the payment of such taxes or assessments in accordance with the terms of this Lease.

Appears in 2 contracts

Samples: Land and Improvements Lease, Land and Improvements Lease

Protest. Tenant may, at its own cost and expense, expense protest and contest, by legal proceedings or otherwise, the validity or amount of any such tax or assessment herein agreed to be paid by Tenant and shall first pay said tax or assessment under protest if legally required as a condition to such protest and contest, and the . Tenant shall not not, in the event of and during the bona fide prosecution of such protest or proceedings proceedings, be considered in default Default with respect to the payment of such taxes or assessments in accordance with the terms of this Lease.

Appears in 2 contracts

Samples: Modification Agreement, Land and Improvements Lease

Protest. Tenant may, at its own cost and expense, expense protest and contest, by legal proceedings or otherwise, the validity or amount of any such tax or assessment herein agreed to be paid by Tenant and shall first pay said tax or assessment under protest or provide a bond or other surety with respect to such tax if legally required as a condition to such protest and contest, and the Tenant shall not in the event of and during the bona fide prosecution of such protest or proceedings be considered as in default with respect to the payment of such taxes or assessments in accordance with the terms of this Lease.

Appears in 2 contracts

Samples: Land and Improvements Lease, Land and Improvements Lease

Protest. Tenant may, at its own cost and expense, protest and contest, by legal proceedings or otherwise, the assessed valuation of the Premises, or the validity or amount of any such tax or assessment herein agreed to be paid by Tenant and shall first pay said tax or assessment under protest (or if permitted, provide a bond or other assurance of payment) if legally required as a condition to such protest and contest, and the Tenant shall not in the event of and during the bona fide prosecution of such protest or proceedings be considered in default with respect to the payment of such taxes or assessments in accordance with the terms of this Lease.

Appears in 2 contracts

Samples: Development Agreement, Land and Improvements Lease

Protest. Tenant may, at its own cost and expense, protest and contest, by legal proceedings or otherwise, the validity or amount of any such tax or assessment herein agreed to be paid by Tenant and shall first pay said tax or assessment under protest if legally required as a condition to such protest and contest, and the . Tenant shall not not, in the event of and during the bona fide prosecution of such protest or proceedings proceedings, be considered in default with respect to the payment of such taxes or assessments in accordance with the terms of this Lease.

Appears in 1 contract

Samples: Development Agreement

AutoNDA by SimpleDocs

Protest. Tenant may, at its own cost and expense, protest and contest, by legal proceedings or otherwise, the validity or amount of any such tax or assessment herein agreed to be paid by Tenant and shall first pay said tax or assessment under protest if legally required as a condition to such protest and contest, and the Tenant shall not in the event of and during the bona fide prosecution of such protest or proceedings be considered in default with respect to the payment of such taxes or assessments in accordance with the terms of this Lease.

Appears in 1 contract

Samples: Land and Improvements Lease

Protest. Tenant may, at its own cost and expense, protest and contest, by legal proceedings or otherwise, the validity or amount of any such tax or assessment herein agreed to be paid by Tenant and shall first pay said tax or assessment under protest if legally required as a condition to such protest and contest, and the . Tenant shall not not, in the event of and during the bona fide tide prosecution of such protest or proceedings proceedings, be considered in default with respect to the payment of such taxes or assessments in accordance with the terms of this Lease.

Appears in 1 contract

Samples: Land and Improvements Lease

Protest. Tenant may, at its own cost and expense, expense protest and contest, by legal proceedings or otherwise, the validity or amount of any such tax or assessment herein agreed to be paid by Tenant and shall first pay said tax or assessment under protest if legally required as a condition to such protest and contest, and the Tenant shall not in the event of and during the bona fide prosecution of such protest or proceedings be considered as in default with respect to the payment of such taxes or assessments in accordance with the terms of this Lease.

Appears in 1 contract

Samples: Development and Disposition Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.