Contest of Lien. If Tenant shall desire to contest any claim of such mechanics' lien, it shall furnish Landlord adequate security for the value or in the amount of the claim, plus estimated costs and interest, or a bond of a responsible corporate surety in such amount, conditioned on the discharge of the lien. If a final judgment establishing the validity or existence of a lien for any amount is entered, Tenant shall immediately pay and satisfy the same.
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Samples: Lease Agreement (Cinemastar Luxury Theaters Inc), Store Lease (Play Co Toys & Entertainment Corp)
Contest of Lien. If Tenant shall desire to contest any claim of such mechanics' lien, it shall furnish Landlord adequate security for of the value or in the amount of the claim, plus estimated costs and interest, or a bond of a responsible corporate surety in such amount, conditioned on the discharge of amount as is necessary to release the lien. If a final judgment establishing the validity or or existence of a lien for any amount is entered, Tenant shall immediately pay and satisfy the samesame at once.
Appears in 1 contract
Samples: Lease Agreement (Meganet Corp)
Contest of Lien. If Tenant shall desire to contest any claim of such mechanics' lien, it shall furnish Landlord adequate security for of the value or in the amount of the claim, plus estimated costs and interest, or a bond of a responsible corporate surety in such amount, conditioned on the discharge of amount as is necessary to release the lien. If a final judgment establishing the validity or existence of a lien for any amount is entered, Tenant shall immediately pay and satisfy the samesame at once.
Appears in 1 contract
Samples: Medical Office Lease
Contest of Lien. If Tenant shall desire to contest any claim of such mechanics' lien, it shall shell furnish Landlord adequate security for of the value or in the amount of the claim, plus estimated costs coats and interest, interest or a bond of or a responsible corporate surety in such amount, conditioned on the discharge of amount as is necessary to release the lien. If a final judgment establishing the validity or existence of a lien for any amount is entered, Tenant shall immediately pay and satisfy the samesame at once.
Appears in 1 contract
