Promptly and timely definition
Promptly and timely as used in this sub clause means that Buyer must notify Seller so that Seller has enough time and a reasonable opportunity to appeal, protest or litigate the levies, charges, taxes or contributions in an appropriate venue. To the extent that Buyer fails to give prompt and timely notice, Seller has no obligation to, and will not, reimburse Buyer for these levies, charges, taxes or contributions. At Seller’s request and cost, Buyer shall initiate an appeal, protest or litigation in Buyer’s own name if Buyer is the only party that can legally initiate this appeal, protest or litigation. The Buyer shall allow the Seller to control the response to such demand or request and the Buyer shall use its best efforts to appeal against such demand or request. If Buyer is required to pay any levies, charges, taxes or contributions in order to pursue an appeal, protest or litigation, Seller shall reimburse Buyer for that amount promptly upon receipt of a written request from Buyer. Seller shall not be responsible for any compromise made by Buyer without Seller’s prior written consent.
Promptly and timely means that Contractor must notify Company so that Company has enough time and a reasonable opportunity to appeal, protest or litigate the pending or actual assessment in an appropriate venue. To the extent that Contractor fails to give prompt and timely notice, Company has no obligation to, and will not, reimburse Contractor for these taxes or costs. At Company’s request and at Company’s cost, Contractor shall initiate an appeal, protest or litigation in Contractor’s own name if Contractor is the only party that can legally initiate this appeal, protest or litigation. If Company or another Company Group is required to pay any amount indemnified by Contractor under Clause 15 or Clause 16 in order to pursue an appeal, protest or litigation, Contractor shall reimburse Company or other Company Group for that amount promptly upon receipt of a written request from Company.
Promptly and timely as used in this sub clause means that Buyer must notify “Summit” so that “Summit” has enough time and a reasonable opportunity to appeal, protest or litigate the levies, charges, taxes or contributions in an appropriate venue. To the extent that Buyer fails to give prompt and timely rom Buyer. “Summit” shall not be responsible for any compromise made by Buyer without
Examples of Promptly and timely in a sentence
Promptly and timely pay and discharge in the ordinary course of the Company’s business consistent with past practice, all Taxes and other obligations assessed, levied or imposed upon, or required to be withheld by, or otherwise owing by, the Company, or with respect to the Assets or the Business and shall not incur, assume, guarantee or otherwise become liable for any additional Debt.