Common use of CLAIMS AND LIENS Clause in Contracts

CLAIMS AND LIENS. If (a) any laborers’, materialmen’s or mechanics’ lien or other claim is filed for or on account of the goods or services (each, a “Lien”), and (b) Seller neither causes such Lien to be released and discharged, nor files a bond in lieu of such Lien, within ten days after the filing of such Lien, Buyer will have the right (but not the obligation) to pay all sums necessary to obtain the release of such Lien and, at its option, (x) deduct all amounts so paid from amounts due to Seller under this Order, or (y) require immediate cash reimbursement from Seller.

Appears in 4 contracts

Samples: Purchase of Services, Purchase Agreement, Purchase of Services

AutoNDA by SimpleDocs

CLAIMS AND LIENS. If (a) any laborers’, materialmen’s or mechanics’ lien or other claim is filed for or on account of the goods or services Services (each, a “Lien”), and (b) Seller neither causes such Lien to be released and discharged, nor files a bond in lieu of such Lien, within ten days after the filing of such Lien, Buyer will have the right (but not the obligation) to pay all sums necessary to obtain the release of such Lien and, at its option, (x) deduct all amounts so paid from amounts due to Seller under this Order, or (y) require immediate cash reimbursement from Seller.

Appears in 4 contracts

Samples: Purchase of Services, Purchase of Services, Purchase of Services

AutoNDA by SimpleDocs

CLAIMS AND LIENS. If (a) any laborers’, materialmen’s or mechanics’ lien or other claim is filed for or on account of the goods or related services (each, a “Lien”), and (b) Seller neither causes such Lien to be released and discharged, nor files a bond in lieu of such Lien, within ten days after the filing of such Lien, Buyer will have the right (but not the obligation) to pay all sums necessary to obtain the release of such Lien and, at its option, (x) deduct all amounts so paid from amounts due to Seller under this Order, or (y) require immediate cash reimbursement from Seller, and Seller agrees to pay all such amounts.

Appears in 1 contract

Samples: Purchase Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!