Discharge Lien. Tenant shall, within twenty (20) days after receiving notice of any mechanic's lien for material or work claimed to have been furnished to the Premises on Tenant's behalf and at Tenant's request: (i) discharge the lien; or (ii) post a bond equal to the amount of the disputed claim with companies reasonably satisfactory to Landlord. If Tenant posts a bond, it shall contest the validity of the lien. Tenant shall indemnify, defend, and hold Landlord harmless from losses incurred from these liens.
Appears in 4 contracts
Sources: Office Lease Agreement (Total Sports Inc), Office Lease (United Therapeutics Corp), Office Lease Agreement (Inflow Inc)
Discharge Lien. Tenant shall, within twenty ten (2010) days after receiving notice of any mechanic's construction lien for material or work claimed to have been furnished to the Premises on Tenant's ’s behalf and at Tenant's ’s request:
(i) discharge the lien; or
(ii) post a bond equal to the amount of the disputed claim with companies reasonably satisfactory to Landlord. If Tenant posts a bond, it shall contest the validity of the lien. Tenant shall indemnify, defend, and hold Landlord harmless from losses incurred from these liens.
Appears in 2 contracts
Sources: Lease Agreement (Bancshares of Florida Inc), Lease (Bancshares of Florida Inc)
Discharge Lien. Tenant shall, within twenty ten (2010) days after receiving notice of any mechanic's construction lien for material or work claimed to have been furnished to the Premises on Tenant's ’s behalf and at Tenant's ’s request:
: (i) discharge the lien; or
or (ii) post a bond equal to the amount of the disputed claim with companies reasonably satisfactory to Landlord. If Tenant posts a bond, it shall contest the validity of the lien. Tenant shall indemnify, defend, and hold Landlord harmless from losses incurred from these liens.
Appears in 1 contract
Sources: Commercial Lease (HealthLynked Corp)
Discharge Lien. Tenant shall, within twenty ten (2010) days after receiving notice of any mechanic's construction lien for material or work claimed to have been furnished furni shed to the Premises on Tenant's ’s behalf and at Tenant's ’s request:
: (i) discharge the lien; or
or (ii) post a bond equal to the amount of the disputed claim with companies reasonably satisfactory to Landlord. If Tenant posts a bond, it shall contest the validity of the lien. Tenant shall indemnify, defend, and hold Landlord harmless from losses incurred from these liens.
Appears in 1 contract
Sources: Commercial Lease (HealthLynked Corp)
Discharge Lien. Tenant shall, within twenty thirty (2030) days after receiving notice of any mechanic's lien for material or work claimed to have been furnished to the Premises on Tenant's behalf and at Tenant's request:
(i) discharge the lien; or
(ii) post a bond equal to the amount of the disputed claim with companies reasonably satisfactory to Landlord. If Tenant posts a bond, it shall contest the validity of the lien. Tenant shall indemnify, defend, and hold Landlord harmless from losses incurred from these liens.
Appears in 1 contract
Sources: Office Lease (Iwo Holdings Inc)
Discharge Lien. Tenant shall, within twenty (20) days after receiving notice of any mechanic's ’s lien for material or work claimed to have been furnished to the Premises on Tenant's ’s behalf and at Tenant's ’s request:
(i) discharge the lien; or
(ii) post a bond equal to the amount of the disputed claim with companies reasonably satisfactory to Landlord. If Tenant posts a bond, it shall contest the validity of the lien. Tenant shall indemnify, defend, and hold Landlord harmless from losses incurred from these liens.
Appears in 1 contract
Sources: Lease (North State Bancorp)