Discharge Liens. Secured Party, for the benefit of the holders of the Indebtedness, in its sole and absolute discretion, without waiving or releasing any obligation, liability or duty of Debtor under this Security Agreement or otherwise, may at any time or times hereafter after the occurrence and during the continuation of an Event of Default, but shall be under no obligation to pay, acquire and/or accept an assignment of any security interest, lien, encumbrance or claim asserted by a person against the Collateral. All sums paid by Secured Party in respect thereof and all reasonable costs, fees and expenses, including reasonable attorneys’ fees, court costs, expenses and other charges relating thereto incurred by Secured Party on account thereof shall be payable by the Debtors to Secured Party.
Discharge Liens. Discharge immediately, or make other arrangements acceptable to the Agent Lender (including, without limitation, bonding off or insuring over any such Lien) with respect to, any mechanic’s, materialman’s or other Lien filed against any Project, or any other Lien against any Collateral, within thirty (30) days after the date the Borrower receives notice of such Lien.
Discharge Liens. In order to protect or perfect any security interest --------------- which Bank is granted hereunder, Bank may, in its sole discretion, discharge any lien or encumbrance or bond the same, pay any insurance, maintain guards, warehousemen, or any personnel to protect the Collateral, pay any service bureau, or, obtain any records, and all costs for the same shall be added to the Obligations and shall be payable on demand.
Discharge Liens. Secured Party, in its sole and absolute discretion, without waiving or releasing any obligation, liability or duty of Debtor under this Agreement or otherwise, may at any time or times hereafter, but shall be under no obligation to pay, acquire and/or accept an assignment of any security interest, lien, encumbrance or claim asserted by a person against the Collateral. All sums paid by Secured Party in respect thereof and all costs, fees and expenses, including reasonable attorneys’ fees, court costs, expenses and other charges relating thereto incurred by Secured Party on account thereof shall be payable by Debtor to Secured Party; and
Discharge Liens. The Borrowers shall promptly after discovery of existence discharge any Liens against the Collateral, other than the Permitted Encumbrances;
Discharge Liens. Administrative Agent, in its sole and absolute discretion, without waiving or releasing any obligation, liability or duty of OrthoLink under this Agreement or any other Loan Document, or any Event of Default, may at any time or times hereafter, but shall be under no obligation to pay, acquire and/or accept an assignment of any security interest, lien, encumbrance or claim asserted by a person against the Collateral. All sums paid by Administrative Agent in respect thereof and all reasonable costs, fees and expenses, including reasonable attorneys' fees, court costs, expenses and other charges relating thereto incurred by Administrative Agent on account thereof shall be payable by OrthoLink to Administrative Agent.
Discharge Liens. In order to protect or perfect any security interest which Secured Parties is granted hereunder, Secured Parties may, upon an Event of Default, in its sole discretion, discharge any lien or encumbrance or bond or the same, pay any insurance, maintain guards, warehousemen, or any personnel to protect the Collateral, pay any service bureau, or, obtain any records, and all costs for the same shall be added to the Secured Obligations and shall be payable on demand.
Discharge Liens. Promptly cause to be discharged from title to the Other Parcel any lien, charge or encumbrance that may be registered against title to the Other Parcel arising out of the exercise of the Owner's easement rights hereunder.
Discharge Liens. Borrower and each Guarantor will discharge promptly any Lien, other than Permitted Liens, that may either arise by operation of law or otherwise without the active conduct of Borrower or any Guarantor.
Discharge Liens. The Tenant shall use its best efforts to ensure that no claim of lien shall be filed in respect of any work which may be carried out by it or on its behalf in the Premises or the Market, and if a claim of lien shall be filed in respect of any such work the Tenant shall take all necessary steps to have the claim of lien cancelled and discharged from title to the Market within 15 days of the date the Tenant has knowledge of such filing, and the Tenant shall indemnify and save harmless the Landlord from any and all loss, cost, expense, damage, and liability in respect of such claim of lien. The Landlord, in addition to any right or remedy, shall have the right, but shall not be obliged, to discharge any claim of lien from title to the Market by paying the amount claimed to be due or by procuring a discharge of such liens by deposit in the appropriate court, and in any such event the Landlord shall be entitled, if it so acts, to expedite the prosecution of any action for the enforcement of such claim of lien by the lien claimant and to pay the amount of the judgment, if any, in favour of the lien claimant with interest and costs. In any such event the Tenant shall forthwith pay to and reimburse the Landlord for all money expended by the Landlord and all costs and expenses incurred by the Landlord.
