Common use of Contesting Liens Clause in Contracts

Contesting Liens. If lessee desires to contest any such lien, it shall notify lessor of its intention to do so within ten (10) days after the filing of such lien. In such case, and provided that lessee shall on demand protect lessor by a good and sufficient surety bond against any such lien and any costs, liability, or damage arising out of such contest, lessee shall not be in default hereunder until thirty (30) days after the final determination of the validity thereof, within which time lessee shall satisfy and discharge such lien to the extent held valid; but the satisfaction and discharge of any such lien shall not, in any case, be delayed until execution is had on any judgment rendered thereon, and such delay shall be a default of lessee hereunder. In the event of any such contest, lessee shall protect and indemnify lessor against all loss, expense, and damage resulting therefrom.

Appears in 2 contracts

Samples: Lease (Merchants & Manufacturers Bancorporation Inc), Lease (Merchants & Manufacturers Bancorporation Inc)

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Contesting Liens. If lessee Lessee desires to contest any such lien, it shall notify lessor Lessor of its intention to do so within ten five (105) days after the filing of such the lien. In such that case, and provided that lessee shall Lessee shall, on demand demand, protect lessor Lessor by a good and sufficient surety bond against any such lien and any costscost, liability, or damage arising out of such contest, lessee Lessee shall not be in default hereunder under this lease agreement until thirty (30) days after the final determination of the validity thereofof the lien, within which time lessee Lessee shall satisfy and discharge such the lien to the extent held valid; but . However, the satisfaction and discharge of any such lien shall not, in any case, be delayed until execution is had on any judgment rendered thereonon the lien, and such delay shall be a default of lessee hereunder. In the event of any such contest, lessee shall protect and indemnify lessor against all loss, expense, and damage resulting therefromLessee under this lease agreement.

Appears in 1 contract

Samples: Ground Lease

Contesting Liens. If lessee Tenant desires to contest any such lien, it shall notify lessor Lessor of its intention to do so within ten one hundred eighty (10180) days after the filing of such lien. In such case, and provided that lessee Tenant shall on demand protect lessor Lessor by a good and sufficient surety bond against any such lien and any costscost, liability, liability or damage arising out of such contest, lessee Tenant shall not be in default hereunder until thirty ninety (3090) days after the final determination of the validity thereof, within which time lessee Tenant shall satisfy and discharge such lien to the extent held valid; but the satisfaction and discharge of any such lien shall not, in any case, be delayed until execution is had on any judgment rendered thereon, and such delay shall be a default of lessee Tenant hereunder. In the event of any such contest, lessee Tenant shall protect and indemnify lessor Lessor against all loss, expense, expense and damage resulting therefrom.

Appears in 1 contract

Samples: Lease (Waters Instruments Inc)

Contesting Liens. If lessee Lessee desires to contest any such lien, it shall notify lessor Lessor of its intention to do so within ten thi1iy (1030) days after the filing of such the lien. In such that case, and provided that lessee Lessee shall on demand protect lessor Lessor by a good and sufficient surety bond against any such lien and any costscost, liability, or damage arising out of such contest, lessee Lessee shall not be in default hereunder under this Lease until thirty (30) days after the final determination of the validity thereofof the lien, within which time lessee Lessee shall satisfy and discharge such the lien to the extent held valid; but . However, the satisfaction and discharge of any such lien shall not, in any case, be delayed until execution is had on any judgment rendered thereonon the lien, and such delay shall be a default of lessee hereunder. In the event of any such contest, lessee shall protect and indemnify lessor against all loss, expense, and damage resulting therefromLessee under this Lease.

Appears in 1 contract

Samples: Ground Lease

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Contesting Liens. If lessee desires to contest any such lien, it shall notify lessor of its intention to do so within ten (10) days after the filing of such lien. In such case, and provided that lessee shall on demand protect lessor by a good and sufficient surety bond against any such lien and any costs, liability, or damage arising out of such contest, lessee shall not be in default hereunder until thirty (30) days after the final determination of the validity thereof, within which time lessee shall satisfy and discharge such lien to the extent held valid; but the satisfaction and discharge of any such lien shall not, in any case, be delayed until execution is had on any judgment rendered thereon, and such delay shall be a default of lessee hereunder. In the event of any such contest, lessee shall protect and indemnify lessor against all loss, expense, and damage resulting therefrom.

Appears in 1 contract

Samples: Lease (Merchants & Manufacturers Bancorporation Inc)

Contesting Liens. If lessee Tenant desires to contest any such lien, it shall notify lessor Lessor of its intention to do so within ten twenty (1020) days after the filing of such the lien. In such caseevent, and provided that lessee shall Tenant shall, on demand demand, protect lessor Lessor by a good and sufficient surety bond against any such lien and any costscost, liability, or damage arising out of such contest, lessee Tenant shall not be in default hereunder under this Sublease until thirty ten (3010) days after the final determination of the validity thereofof the lien, within which time lessee Tenant shall satisfy and discharge such the lien to the extent held valid; but . Notwithstanding the foregoing, the satisfaction and discharge of any such lien shall not, in any case, be delayed until execution is had on any judgment rendered thereonon such lien, and any such delay shall be deemed a default of lessee hereunder. In the event of any such contest, lessee shall protect and indemnify lessor against all loss, expense, and damage resulting therefromby Tenant under this Sublease.

Appears in 1 contract

Samples: Sublease Agreement (Evenflo & Spalding Holdings Corp)

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