Common use of Bonds or Other Security Clause in Contracts

Bonds or Other Security. Landlord shall have the right to require Tenant to furnish a payment bond or other security in form satisfactory to Landlord for the prompt and faithful payment of all costs and expenses incurred in the performance of Xxxxxx’s Work. Tenant shall be responsible for promptly discharging any mechanics’ liens recorded against the Center.

Appears in 5 contracts

Samples: Lease (Impossible Kicks Holding Company, Inc.), Lease (Impossible Kicks Holding Company, Inc.), Lease Agreement (Impossible Kicks Holding Company, Inc.)

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Bonds or Other Security. Landlord shall have the right to require Tenant to furnish a payment bond or other security in form satisfactory to Landlord for the prompt and faithful payment of all costs and expenses incurred in the performance of Xxxxxx’s Workconstruction of the Tenant Improvements. Tenant shall be responsible for promptly discharging any mechanics’ liens recorded against the CenterDevelopment.

Appears in 2 contracts

Samples: Office Lease (Lightning eMotors, Inc.), Office Lease (Lightning eMotors, Inc.)

Bonds or Other Security. Landlord shall have the right to require Tenant to furnish a payment bond or other security in form satisfactory to Landlord for the prompt and faithful payment of all costs and expenses incurred in the performance of Xxxxxx’s Tenant's Work. Tenant shall be responsible for promptly discharging any mechanics’ liens recorded against the Center.

Appears in 1 contract

Samples: Lease Agreement (Ashworth Inc)

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Bonds or Other Security. Landlord shall have the right to require Tenant to furnish a payment bond or other security in form satisfactory to Landlord for the prompt and faithful payment of all costs and expenses incurred in the performance of Xxxxxx’s Tenant's Work. Tenant shall be responsible for promptly discharging any mechanics’ liens recorded against the Center.

Appears in 1 contract

Samples: Lease (Dm Management Co /De/)

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