Common use of 02e Clause in Contracts

02e. Nothing contained in this Section 3.02E(iv) shall limit or restrict Landlord’s right to undertake any Tax Protest with respect to the Leased Premises. To the extent Landlord obtains any reduction in or refund of real estate taxes or assessments, Tenant shall pay to Landlord its Proportionate Share of Landlord’s costs of such Tax Protest as Additional Rent within thirty (30) days of Tenant’s receipt of Landlord’s invoice therefor, but Landlord shall not be entitled to reimbursement by Tenant for the costs of such Tax Protest in excess of any reduction and/or refund of such real estate taxes or assessments so obtained. In the event Tenant undertakes or files any Tax Protest in the name of Landlord, Tenant shall promptly provide Landlord written notice thereof, and Tenant shall indemnify Landlord and hold Landlord harmless against and from any and all costs, attorneys’ fees, expenses, liabilities or claims arising in connection with Tenant’s Tax Protest. Tenant shall give Landlord five (5) days advance written notice of any such use of Landlord’s name. Landlord agrees to provide to Tenant a copy of any tax assessment, tax ▇▇▇▇, tax statement or other tax invoice within twenty (20) days of its receipt of the same.

Appears in 2 contracts

Sources: Lease Agreement (Container Store Group, Inc.), Lease Agreement (Container Store Group, Inc.)